The PSBank Overseas Filipino Savings account offers many benefits to Overseas Filipinos and their families.

This savings account is a fixed interest-bearing account with no initial deposit requirement. It comes with a personalized and ready-to-use ATM card that you can get on the spot when you open an account. This allows you day and night banking via the PSBank, Metrobank, and BancNet ATMs nationwide, and Mastercard ATMs worldwide.

You can also withdraw cash over-the-counter at any PSBank branch, experience hassle-free settlement of your utility bills, and do cashless shopping at any BancNet-affiliated establishments.

Enroll in PSBank Online and PSBank Mobile.  Experience secure and convenient 24/7 e-banking facilities that offer delightful banking moments.

Minimum Maintaining Balance


Average Daily Balance to Earn Interest


Interest Rate

Click here for the prevailing interest rates

Interest Crediting



  • Day and night banking in any PSBank, Metrobank, BancNet ATMs nationwide and Mastercard ATMs worldwide

  • Cashless shopping at any BancNet-affiliated establishment

  • Hassle-free and on-the-spot issuance of ATM card

  • 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
Service fee (falling below maintaining balance)

PhP500 is charged if account falls below the required average daily balance for two consecutive months.

Service fee (accounts closed within 1 month from opening date)

PhP500 is charged if account was closed within one month from opening date


Subject to diminished interest rates and withholding tax of 7.5% as penalties

ATMs Balance Inquiry Withdrawal







BancNet-member Bank and ExpressNet



Mastercard (overseas)

US$1 per inquiry

US$3.50 per transaction


Withdrawal fee at any PSBank branch
  • up to PhP100,000 = PhP50 withdrawal fee
  • PhP100,001 and above = PhP100 withdrawal fee
Card replacement fee (for lost/stolen/demagnetized card) PhP200 per card 
Request for account balance and transaction history
  • via PSBank branch/PSBank Online/PSBank Mobile
  • PhP100 for the 1st 3 pages, PhP 20 for every succeeding page
  • via ATM – FREE for the last 5 transactions
Inter-bank fund transfer (if source account)
  • via ATM - PhP25
  • via PSBank Mobile and PSBank Online
    • InstaPay - Waived (until further notice)
    • PESONet - Waived (until further notice)

  • via PSBank Mobile QR - Waived (until further notice)

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

    • Presentation of 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)
        • Digitized Unified Multi-Purpose ID (UMID)
        • Government Service Insurance System (GSIS) E-card
        • Overseas Workers Welfare Administration (OWWA) Overseas Filipino Workers (OFW) E-Card
        • 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

* For OFWs:  New clients will be asked to declare their employer and country of employment.

* For OFW Beneficiaries:  OFW Beneficiary needs to indicate the name, relationship, contact details, country where OFW remitter works and employer under "Other Sources of Funds/Deposits" portion of the CIS.


For more information:


* Deposits are insured by PDIC up to PhP500,000 per depositor.


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