* 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:
          • 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 (still subject for approval)
          • Philippine Government Issued Passport
          • Philippine Identification / National ID
          • 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
    • 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.

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!