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Deposit Account

Continue building your savings goals with the bank that you can trust. Start opening a deposit account with PNB New York and grow your money to reach your goals on time.

Type of Accounts

PNB Savings    
Opening Balance Requirement $500
Minimum Maintaining Balance Requirement $500
Minimum Balance to Earn Interest $1,000
Interest Rate 0.10%
Instrument Notice Letter
PNB Checking    
Opening Balance Requirement $1,000
Minimum Maintaining Balance Requirement $1,000
Minimum Balance to Earn Interest None
Interest Rate None
Instrument Checkbook
Opening Balance Requirement $1,000
Minimum Maintaining Balance Requirement $1,000
Minimum Balance to Earn Interest None
Interest Rate 0.25%
Instrument Certificate

What you need to open a Deposit Account

  • For Individual Account:
    • Completely filled-out Account Information Form
    • 2 copies of Signature Card
    • W-9 form (Request for Taxpayer Identification Number and Certification)
    • W-8 form (Certificate of Foreign Status)
    • 2 clear photocopies of your valid IDs
  • For Non-Individual U.S. Person Account
    • Completely filled-out Account Information Form*
    • 2 copies of Signature Card*
    • W-9 form (Request for Taxpayer Identification Number and Certification) or W-8 form (Certificate of Foreign Status)
    • 2 clear photocopies of your valid IDs
    • Notarized Certified True Copy of Articles of Incorporation/Partnership/Association and By Laws
    • Original Secretary’s Certificate of covering Board Resolution authorizing the opening of account with Philippine National Bank – New York Branch indicating authorized signatories
    • Notarized Certified True Copy of Business License, if applicable
    *For non-individual accounts, EACH authorized officers/signatories must accomplish an Account Information Form and Signature Cards
  • For Non-Individual Non U.S. Person Account
    • Completely filled-out Account Information Form*
    • 2 copies of Signature Card*
    • W-8 BEN form – Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding
    • 2 clear photocopies of your valid IDs
    • Notarized Certified True Copy of Articles of Incorporation/Partnership/Association and By Laws
    • Secretary’s Certificate of covering Board Resolution authorizing the opening of account
  • For Embassy/Consulates
    • Completely filled-out Account Information Form*
    • 2 copies of Signature Card*
    • W-8 EXP Form – Certificate of Foreign Government or other Foreign Organization for United States Tax Withholding
    • Certified list of Embassies/Consular Offices issued by an authorized officer of the Department of Foreign Affairs (DFA – Philippines)
    • Certification Issued by the DFA – Philippines authorizing the Embassy/Consular Office to open and maintain a deposit account with PNB New York
    • Copies of Appointment Papers of the authorized signatories, duly authenticated by the Head of the Embassy/Consular Officer or other authorized officer
    • Copy of unexpired Philippine Driver’s License with photo and duly authenticated by the Head of the Embassy/Consular Officer or other authorized officer
    *For non-individual accounts, EACH authorized officers/signatories must accomplish an Account Information Form and Signature Cards

How to open a Deposit Account

  1. Complete your requirements
  2. Go to PNB New York branch to process your application.
  3. Open your account.

Fees and Charges

PNB Savings Account
Balance below the required minimum maintaining balance $8 per month
Dormant Account $8 per month
Return of Check Deposited to Account $10 per check
Request for Certification of Deposit Account Balance/s $10
Request for Interim Statement of Account $5
Request for Bank Statement $20
Investigation Charge (simple) $20
Investigation Charge (complex) $40
PNB Checking Account
Request for Stop Payment Order $10 per check
Dormant Account $10 per month
Request for Certification of Deposit Account Balance/s $10
Request for Check Certification Charge $5
Purchase of Emergency Check $1 per check
Request for copies of checks $10
Return of Insufficiently Funded Check $15 per check
Return of Check with SPO $15
Post Dated Check $15
Return of Check deposited to account $10 per check
Below Minimum Maintaining Balance $10 per month
Request for Interim Statement of Account $5
Request for Bank Statement $20
Checkbook Charge (depends on number and style of checks ordered) $25
Investigation Charge (simple) $20
Investigation Charge (complex) $40
PNB Time Deposit
Request for Certification of Deposit Account Balance/s $10

Frequently Asked Questions

Inactive accounts will become dormant if there is no deposit or withdrawal transactions within a period of time.
PNB Savings Account 2 years from initial date of inactivity
PNB Checking Account 1 year from initial date of inactivity
PNB Time Deposit 6 months after maturity date of the deposit
You can fill these out once you visit the branch to open an account.

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Customer Care Contacts

PNB Cards
Tel. No.: (+632) 8818 9818
Email: pnbcreditcards@pnb.com.ph
Bank Hotline
Tel. No.: (+632) 8573 8888
Email: customercare@pnb.com.ph
Deposits are insured by PDIC up to P500,000 per depositor.
PNB is regulated by the Bangko Sentral ng Pilipinas consumeraffairs@bsp.gov.ph. Access BSP Online Buddy (BOB) via Webchat, Facebook, and SMS 021582277 (for Globe subscribers).
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