East West Bank | Personal Banking | Passbook Savings Account

Personal Banking

Passbook Savings Account

Product Definition :
East West Passbook Savings is an affordable, interest-bearing transactional deposit account evidenced by a passbook. The account can be linked to ATM Access for individual accountholders only.

Product Benefits :
Affordable . Low balance requirement makes start up savings easier.

Earns interest . Provides opportunity to earn from your funds.

Liquidity . Funds can be withdrawn anytime.

Insured with PDIC . Funds insured up to P 250,000.00

Product Features :

Minimum Initial Deposit:	P 5,000.00
Maintaining ADB:	P 5,000.00
Interest Earning Balance:	P 10,000.00
Interest Rate:	1.0%
Withholding tax:	20%
Fund Access:	Over-the-counter/Net Access/Mobile Access
Transaction Record:	Passbook