Why choose Kabayan Shipping Dollar
Avail free insurance with Kabayan Savings
Product details
Requirement
Any of the following valid IDs:
- Seaman's book o Marina ID
- PRC ID issued to Seafarers
Minimum Initial Deposit
$10.00
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.