PNB U.S. Direct Deposit Pensioner Account Transfers and Remittances

Global Filipino Prepaid Mastercard

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
    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
*Branch may request for Proof of Billing for further validation

Others

Enroll on PNB Digital Banking
    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 (mandatory
requirement) 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