Why choose Kabayan Savings Peso
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:Â
- 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
₱5,000
Gross Interest Rate Per Annum
0.0625%
Fees and charges
Account Closure within 30 days
 ₱300
Below Minimum Balance
₱0
Withholding Tax for Interest Earned
20%
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.