PNB U.S. Direct Deposit Pensioner Account Transfers and Remittances
It is an interest-earning savings account with lower maintaining balance and service charges for U.S. pensioners. The pension/benefit payments are directly credited to the accounts and are supported by a passbook. Withdrawals can only be done by the account owner.
Fees and Charges
Balance Requirement
| Initial Deposit | PHP 100.00 / USD 200.00 |
| Min. Maintaining Balance | PHP 100.00 / USD 200.00 |
| Min. ADB to Earn Interest | PHP 5,000.00 / USD 1,000.00 |
| Interest Rate | 0.100% p.a. |
| Dormancy | 2 years |
| Dormancy Fee* | PHP 30.00 |
* Dormancy fees shall be collected under the following conditions:
– Five (5 years) of non-activity
– Balance has fallen below the required minimum maintaining amount
Other Charges
| Passbook Replacement | PHP 200.00 |
| Closure within 30 days upon reopening | PHP 500.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months | PHP 55.00 / USD 10 |
| Interbranch/interoffice Foreign Currency deposit transactions on select PNB branches | FREE |
| Interbranch/interoffice Foreign Currency withdrawal transactions on select PNB branches | FREE |
How to Open a PNB U.S. Direct Deposit Pensioner Account
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1. Download and fill-out the account opening form
2. Visit the branch and present requirements
3. Wait for your passbook
4. Enroll on PNB Digital Banking
Requirements for Account Opening
- 2 Government-issued Valid IDs
- Fully-accomplished Forms (Provide TIN and SSS/GSIS number, if applicable)
- Letter from the US Federal Agencies, USTW checks, US Social Security ID
- Initial Deposit of PHP 100 / USD 200
Others
Enroll on PNB Digital Banking
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1. Visit the nearest PNB branch
2. Fill-out Digital Banking Enrollment Form (Download here)
3. Click Sign-Up in the login page on PNB Digital Banking
4. Enter account details and SMS PIN sent by the branch
5. Enter Online Activation Code sent via e-mail
Valid IDs
Primary ID:
✓ Valid Passport
✓ Driver’s License with Official Receipt
✓ Unified Multi-Purpose ID
✓ SSS ID
✓ GSIS e-Card
✓ PRC ID
✓ IBP Lifetime Membership ID
✓ NBI Clearance
✓ Work Permit issued by DOLE for Foreign Nationals
For Foreign Nationals
✓ Passport WITH ACR issued by Bureau of Immigration
AND any of the following:
✓ National ID
✓ Internal Revenue Service (IRS) ID
✓ Social Security System (SSS) ID
✓ Work permit issued by DOLE (mandatoryrequirement) if employed in the Philippines
Secondary ID:
✓ Police Clearance
✓ Postal ID
✓ Voter’s ID
✓ Barangay Certification
✓ Senior Citizen Card
✓ OWWA ID
✓ OFW ID
✓ Seaman’s Book
✓ Alien Certification of Registration/Immigrant/Certificate of Registration
✓ Government Office and GOCC ID(e.g. AFP, HDMF IDs)
✓ Certification from NCWDP
✓ DSWD Certification
✓ IBP ID
✓ PhilHealth ID Health Insurance Card ng Bayan
✓ Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC