Why choose Kabayan Savings Dollar

Avail free insurance with Kabayan Savings

Open an account kahit nasaan ka man

List of valid IDs for account opening

Philippine Government-issued IDs:

  • Passport
  • Unified Multi-purpose ID (UMID)
  • Driver's License issued by the Land Transportation Office (LTO)
  • Government Service and Insurance System (GSIS) e-Card
  • Tax Identification Number (TIN) ID
  • Philippine Identification System (PhilSys) ID
  • New Social Security System (SSS) ID
  • PhilHealth Card
  • Senior Citizen ID
  • Voter's ID
  • Philippine Postal ID
  • Professional Regulations Commission (PRC) ID

Private and Foreign Government-issued IDs: 

  • School ID (for minors)
  • Company ID
  • Integrated Bar of the Philippines (IBP) ID
  • Foreign Passport (provide English translation and address in the Philippines)

Product details

Requirement

1 valid ID

Minimum Initial Deposit

$100

Minimum MADB Requirement

$0

Minimum Balance to Earn Interest

$200.00

Gross Interest Rate Per Annum

0.05%

Fees and charges

Account Closure within 30 days

 $10

Below Minimum Balance

$0

Withholding Tax for Interest Earned

15%

Contact us for inquiries and concerns

BDO Kabayan Savings is processed and opened only in the Philippines. Passbook and ATM debit card are distributed only in the Philippines. Deposits are insured by PDIC up to ₱500,000 per depositor.