Savings Account with Passbook
Charge of 100 penalty if the account closed within 3 months.
Savings Account with ATM Card
Charge of lost Card is 300 and for wear and tear is 200.
Savings Account with Passbook and ATM Card
Note: The Initial Deposit to open is 200. The minimum maintaining balance to earn interest of .75% is 1,000 for Students and 2,000 for Regular Customers.
Dormancy charge is 30.
Certificate of Time Deposit (CTD)
Opening Balance is 1,000 and above with a term ranges from 60 days to 360 days. The interest rate is .50% to 1.45% depending on the Principal amount and term.
| Amount | 30 Days | 60 Days | 90 Days | 180 Days | 360 Days |
| 1,000 - 50,000 | 0.50% | 0.60% | 0.70% | 0.80% | 0.90% |
| 50,001 - 100,000 | 0.80% | 0.90% | 1.00% | 1.05% | 1.10% |
| 100,001 - 200,000 | 1.00% | 1.05% | 1.10% | 1.15% | 1.20% |
| 200,001 - 500,000 | 1.10% | 1.15% | 1.20% | 1.25% | 1.30% |
| 500,001 - 1,000,000 | 1.20% | 1.25% | 1.30% | 1.35% | 1.40% |
| 1,000,001 & Above | 1.25% | 1.30% | 1.35% | 1.40% | 1.45% |
Note: Pre-termination Penalty by reducing interest to ordinary savings interest rate. Reimbursement of excess interest prior paid and claimed.
Special Partner Optimum Savings (SPOS)
Minimum savings is 100,000 with a preferable term of 5 years maturity. No 20% withholding tax on interest. However 20% withholding tax will apply if the term is lower than 5 years.
Minimum maturity date is 1 year. Interest is from 2.35% to 4% depending on the principal amount and the term of interest paid out.
| Amount Range | |||
| Dates of Maturities and Dates when interests earned are paid | 90 Days | 180 Days | 360 Days |
| 100,000 - 200,000 | 2.35% | 2.5% | 2.75% |
| 200,001 - 500,000 | 2.65% | 2.75% | 3.00% |
| 501,000 - 1,000,000 | 3.00% | 3.25% | 3.50% |
| 1,000,001 & Above | 3.25% | 3.50% | 4.00% |
Note: Pre-termination Penalty by reducing interest to ordinary savings interest rate. Reimbursement of excess interest prior paid and claimed.
Demand Deposit Account
A deposit evidenced by checkbook issued by Partner RB. It is a non interest bearing deposit
- Personal / Private use – Requires Opening Balance (ROB) of 5,000
- Commercial use – Requires Opening Balance (ROB) of 10,000
Note: 200 will be charged each month if the ADB falls below the required maintaining balance. If Dormant, will be charged 200 per month.
Service Charge of 2,000 for each check shall be levied against the drawer for any Check returned for any reason, notwithstanding stop payment order, subject to Sec. 27 of PCHC rulebook. The charge shall be distributed as follows:
- 1,000 for credit to the presenting bank;
- 1,000 for credit to the drawee bank
- PLUS Penalty of 200 per day per every 40,000 amount of check, or a fraction thereof, shall be levied against the checking account depositor for any check thatis taken as a returned item due to “Insufficient Funds or “Drawn against uncollected deposits” on the date of receipt from the clearing office even if said check is honored and/or covered by sufficient deposit the following banking day. (CHOM No. 380 s. 2004).
