Philippine-based
Savings Accounts
Euro
Savings Account.
An interest-bearing deposit account in Euros where you
will receive a quarterly statement. It can be single or joint account
Details
- Initial Deposit: €500
- Minimum Maintain Balance
€500
- Balance to Earn Interest
€500
- Interest Rate: 0.75%p.a.
- Tax Rate
- Residents: Subject
to 7.5% final witholding tax
- Non-residents: Exempted
subject to submission of documents required for tax exemption
- Joint accounts between
Residents and Non-residents: 50% taxable and 50% exempted provided Non-Resident
account holder shall submit the required documents for tax exemption
- Penalty for falling below
the required minimum maintaining balance: €5 per month
- Dormancy Period: 2years
- Dormancy Fee: €5
per month
Opening
Requirements
- Individual/Joint
Account
- Proof
of ID (valid passport) read
more
- Proof
of Address (original utility bill, bank statement, credit card statement,
council tax notices) read
more
- Completed
application form
- 2 signature
cards
- 2pcs
2x2 ID picture
Philippine
Branches accepting Euro Savings and Euro Time Deposit
- MWSS
- Makati
Avenue
- Lahug
- Cebu
- Olongapo
- La Union
- Escolta
- Sucat
- Cagayan
de Oro
- Cabanatuan
- Gilmore
- Main
- Legaspi
- UP Campus
- NAIA
- Bacolod
- Ortigas
- Iloilo
- Zamboanga
- Davao
- Angeles
- Munoz
- Quezon
City Circle
- Tagaytay
- Baguio
- Lucena
- Cubao
- Batangas
- Tacloban
- Sta Rosa
- PGH
- Ayala
Avenue
- Vigan
- Tuguegarao
- NPC
- Rizal
Avenue
- Alabang
- Laong
- Batac
- SSS
Diliman
- Dipolog
- Tagbilaran
- Limketkai