How to Open PNB Savings Account

The Philippine National Bank or PNB is one of the biggest and most trusted banks in the Philippines.

If you’re planning to open a savings account, consider PNB’s Regular Savings Account because it has great features and the application process is very easy.

What is PNB Regular Savings Account

It’s a deposit account that comes with a Passbook and/or ATM Card. It’s easy to open this savings account because the Initial Deposit is only P1,000.

If you maintain the minimum average daily balance of P1,000, you may earn an interest rate of 0.5% per annum. This is higher compared to other banks.

Requirements to open PNB Savings Account

The requirements depend on who applies for the account.

For Individuals:

• Any 2 valid IDs issued by the government or official authority
  • Valid Passport
  • SSS / UMID
  • GSIS E-Card
  • Postal ID
  • Driver’s License
  • POEA Card
  • OWWA ID
  • TIN ID
  • Company ID
  • Police Clearance (with picture and dry seal)
  • Barangay Certification / Clearance
  • Seaman’s ID/Record Book

For Sole-Proprietorships:

• Any 2 valid IDs
• Certificate of Business Name Registration
• Mayor’s Permit

For Partnerships:

• SEC Registration
• Articles of Partnership
• Notarized Partner’s Resolution to Open Account

For Corporations: 

• Certified true copy of SEC Registration
• Articles of Incorporation and By-Laws
• Notarized Board of Resolution to Open Account at Allied Savings Bank
• List of Current Elected Officers/Directors certified by Corporate Secretary

Application Procedures when Opening PNB Savings Account

Step 1 – Go to the nearest PNB Branch

Step 2 – Get the Account Opening form from the bank officer and fill it out with the required info.

Step 3– Submit the form and all the other requirements plus the Initial Deposit (P1,000)

Your application and requirements will be verified and validated. If everything is good, you will get your PNB Card within the same day.

Other Deposit Accounts of PNB

Aside from PNB Regular Savings Account, PNB also offers other deposit accounts including:

• NOW Checking Account
• Angat Savings Account
• Peso Time Deposit
• Power Earner 5+1
• Dollar Savings Account
• Dollar Time Deposit

You may visit the PNB website for more details about these accounts.

And here’s PNB Swift Code PNBMPHMM in case you need to send or receive funds on your PNB savings account.

Want to open other banks’ Savings Account? Click the link below:

• BDO Cash Card
• BPI Savings Account
• Security Bank Savings Account
• Metrobank Savings Account