The PSBank Peso Passbook Savings account offers the benefit of earning a fixed interest rate and a convenient way to monitor transactions.  Whether you are saving up for an investment, a special occasion, or an emergency fund, PSBank will make it simple and easy for you. Simply fill out our account opening forms and present at least two valid IDs with your photo. With a minimum maintaining and daily balance of only PhP5,000, you can open up an account and start earning interests on your deposits. To monitor your account efficiently, we have allotted a section on the passbook where you can write details of your transactions.

Sa PSBank, simple lang mag-ipon. With the PSBank Peso Passbook Savings, we will help build your savings easily and quickly, so you can achieve your financial goals within a short period of time.

Open an account at any branch and 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


Evidence of Deposit

Passbook and ATM (card is given upon request)

Interest Rate

Click here for the prevailing interest rates

Interest Crediting



  • Ready availability of funds

  • Easy tracking of transactions through the passbook

  • Deposit earns interest

  • Additional column in the passbook lets you write down details on every transaction

  • 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.

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.

I.  Completely filled-out bank forms:

  1. Customer Information Sheet
  2. Specimen Signature Card
  3. Signing Instructions and Acknowledgement Receipt Form

II.  Valid IDs: At least one (1) Primary ID or two (2) Secondary IDs

  • Primary IDs 
    1. PhilID and various formats of PhilSys Digital ID / e-PhilID
    2. Philippine Passport
    3. Digitized Driver’s License (Professional or Non-Professional) ID
    4. Digitized Postal ID
    5. Professional Regulations Commission (PRC) ID
    6. Digitized Social Security System (SSS) ID
    7. Digitized Unified Multi-Purpose ID (UMID)
    8. Digitized Voter’s ID
    9. Digitized Overseas Workers Welfare Administration (OWWA) or Overseas Filipino Worker (OFW) ID
    10. Government Service Insurance System (GSIS) E-Card
    11. Digitized Pag-ibig Loyalty Card
    12. Digitized Tax Identification Number (TIN) ID or Digital TIN ID Generated Online (eTIN ID)
    13. Digitized Firearms License ID
    14. Integrated Bar of the Philippines (IBP) ID
    15. Digitized Seaman or Seafarer’s Book
    16. Photo-bearing School ID Signed by the Principal or Head of School with Birth Certificate Issued by Philippine Statistics Authority (PSA)

  • Secondary IDs
    1. Senior Citizen ID
    2. Person with Disability (PWD) ID
    3. Non-Digitized Voter’s ID
    4. Non-Digitized Postal ID
    5. National Bureau of Investigation (NBI) Clearance
    6. Barangay Clearance Certificate / ID
    7. Police Clearance Certificate / ID
    8. Company ID Issued by Private Entities Registered or Regulated by Bangko Sentral ng Pilipinas (BSP) / Securities and Exchange Commissions (SEC) / Insurance Commission (IC)
    9. Photo-Bearing and Signature-Bearing Student Driver’s Permit / License with Official Receipt (O.R.)
  • If Foreign National:
    1. Passport Issued by Country of Origin; AND
    2. Alien Certificate of Registration (ACR) ID or Special Resident Retiree’s Visa ID

For ACR, the Visa Status may either be (a) Permanent Resident or Temporary Resident or (b) Immigrant or Non-Immigrant Visa only.

  • Additional ID Requirements for Mainland Chinese National:
    1. Resident Identity Card (RIC) issued by Chinese Government

  • Filipinos who are also Foreign Nationals:
    1. ID Requirements for Filipino Citizens; OR
    2. ID Requirements for Foreign Nationals

  • For Corporation and Other Entities:
    1. SEC Certificate of Registration
    2. Secretary’s Certificate or Board Resolution
    3. Articles of Incorporation
    4. By-Laws
    5. General Information Sheet
    6. Secondary License

  • For Single Proprietorship:
    1. DTI Certificate of Registration
    2. Mayor’s or Business Permit
    3. Secondary License

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:


General Provisions on Deposits and Other Products / Services


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



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