Below Minimum Maintaining Balance* | Monthly Fees |
Individual Account | P300 |
Corporate Account | P500 |
Dormancy Fee** | P250 |
*Service Fee collected to those accounts falling below the minimum Monthly Average Daily Balance for two (2) consecutive months.
**Service Fee collected to those accounts falling below the minimum Average Daily Balance and inactive for a continuous period of two (2) years for Savings Accounts and one (1) year for Current Account.
Here are some details of PNB Products that are accounted with the new fees/charges.
Falling Below Minimum Maintaining Balance (MMB) Fee
PRODUCT | FROM | TO |
Passbook Savings Account | P200 | P300 |
SuperTeller ATM | P200 | P300 |
PNB SSS Pensioners | P55 | P300 |
PNB Prime Savings Account | P200 | P300 |
Budget Checking Account | P220 | P300 |
Regular Checking | ||
| P220 | P300 |
| P330 | P500 |
PNBig Checking | ||
| P220 | P300 |
| P330 | P500 |
Priority One Checking | P550 | P250 |
Combo Savings Account | ||
| P110 | P300 |
| P110 | P500 |
Note: There are products that have existing MOAs and separate arrangements thus are exempted from the adjustment. ie. OFW accounts, Direct Deposit and Executive Checking
Dormancy Fee
PRODUCT | FROM | TO |
Passbook Savings Account | P250 | P250 |
Super Teller ATM | P250 | |
PNB SS Pensioner | P110 | |
PNB Prime Savings Account | P250 | |
Budget Checking Account | P220 | |
Regular Checking | ||
| P250 | |
| P250 | |
Priority One Checking | P250 | |
Combo Savings Account | ||
| P55 | |
| P55 |
PNB said that these new fees/charges will take effect beginning July 25, 2011. To be safe and to avoid from these banking charges, make sure you don't fall below the minimum maintaining balance of your account. And keep your account active by depositing and withdrawing regularly.
So be sure to tell your friends who also have accounts in PNB. Share this info. - https://www.affordablecebu.com/