* ATM Card is not available for In-Trust-For (ITF) accounts

Higher insurance coverage as savings grow.

The PSBank Kiddie and Teen Savings come with a free personal accident insurance from AXA Philippines which is equivalent to five times (5x) the monthly average daily balance. This means that the child or teen is insured against accidental death or disability up to a maximum of PhP500,000 for those who are 0-7 years old and up to an aggregate limit of PhP5 million for those who are more than 7 years old but not more than 18 years old.  To claim the insurance, the account has to be active and should have a monthly average daily balance of at least PhP1,000 during the time of accident.

Saving is easy and affordable.

There’s no initial deposit or maintaining balance required.

Easy access to funds.

In case, you choose to open a Passbook and ATM, he/she can request for a PSBank Debit Mastercard and can use this to conveniently withdraw cash in any PSBank ATM nationwide or through BancNet and Mastercard ATMs.

Banking made easy.

Enroll in PSBank Online and PSBank Mobile, the Bank's secure and convenient electronic banking facilities, to be able to check your account balances and perform other banking transactions anytime, anywhere.

ATM WITHDRAWAL / BALANCE INQUIRY FEES

* (insufficient funds and/or exceeds daily transaction frequency)

Note: All aforesaid fees and charges will take effect immediately and may be cancelled or modified anytime at the Bank’s sole discretion without any prior notice.

• Completely filled-out bank forms:
  • Customer Information Sheet (CIS) for Individual Clients
  • Signature Card
    
    
  • Signing Instructions and Acknowledgement of Receipt Form
    • Fully accomplished  Interbank Fund Transfer (IBFT) Enrollment form  if parents and guardians want to avail of automatic intra-bank fund transfer service
    • Quit Claim / Waiver signed by the parent or guardian (only for PSBank Kiddie Savers and Teen Savings with PSBank Debit Mastercard)
      
      
  • Additional requirements for legal guardians opening an ITF account:
    • Customer Information Sheet (CIS) for Beneficiaries and Beneficial Owners
    • A Court Order is required as proof of authority to open and operate an ITF account on behalf of the ward/s
      
      
  • Valid IDs
    • Parents / Legal Guardians:
      • At least one Valid / Acceptable ID with photo and signature
        •  List of Valid Government - Issued IDs:
          • Primary IDs
            • PhilID and various formats of PhilSys Digital ID / e-PhilID
            • Digitized Non-Professional / Professional Driver's License
            • Digitized Postal ID, As issued by the Philippine Postal Corporation (PPC)
            • Digitized Social Security System (SSS) or Digitized Unified Multi-Purpose ID (UMID)
            • Government Service Insurance System (GSIS) E-card
            • Overseas Workers Welfare Administration (OWWA) Overseas Filipino Workers (OFW) E-Card
            • Person with Disability (PWD) ID
            • Philippine Government Issued Passport
            • Professional Regulation Commission (PRC) License
            • Seafarer's Identification and Record Book (Seaman's Book), as issued by the Department of Transportation Maritime Industry Authority
            • Senior Citizen ID
            • Special Resident Retiree's VISA or SRRV Card (In Lieu of ACR / ACR I-Card)
            • Voter's ID
          • Secondary IDs
            • Senior Citizen ID
            • Person with Disability (PWD) ID
            • Non-Digitized Voter’s ID
            • Non-Digitized Postal ID
            • National Bureau of Investigation (NBI) Clearance
            • Barangay Clearance Certificate / ID
            • Police Clearance Certificate / ID
            • Company Issued ID by Private Entities Registered or Regulated by BSP/SEC/IC
            • Photo-Bearing and Signature-Bearing Student Driver’s Permit / License with Official Receipt (O.R.)
    • For Foreign Nationals
      
      • Passport Issued by Country of Origin; and
      • Alien Certificate of Registration (ACR) ID or Special Resident Retiree’s Visa ID * For ACR, Visa Status may either be (a) Permanent Resident or Temporary Resident or (b) Immigrant or Non-Immigrant Visa.
    • Additional ID Requirement for Mainland Chinese Nationals
    • Resident Identity Card
    • Filipinos who are also Foreign Citizens
      
      • ID Requirements for Filipino Citizens; or
      • ID Requirements for Foreign Nationals
    • Child/ren or Ward/s
      • Photobearing School ID, duly signed by the Principal or Head of School
      • Birth Certificate issued by the Philippine Statistics Authority (PSA) or Certified True Copy issued by the Local Civil Registrar

Note: Kids/teens from 7-17 years old should be accompanied by his parent(s) or legal guardian/s during account opening.

A cooling-off period of two (2) banking days is granted from the date of account opening. During the cooling-off period, the Account Holder may cancel or terminate the account without penalties, by submitting a written notice to the Bank. The Bank, however, reserves the right to deduct the documentary stamp and other taxes due thereon, if any, and collect reasonable processing, closure / pre-termination, and administrative fees when applicable, to cover the costs incurred during account opening.  The cooling-off period is available for financial consumers who are individuals, or micro and small enterprises as defined in applicable DTI regulations.

For more information:

• Chat with us through PSBank LiveChat, para lahat ng tanong mo may sagot ora mismo!
• Contact our Customer Experience Hotline at (632) 8845-8888.
• Visit any PSBank branch near you!