The PVB Corporate Savings Account gives businesses, government offices, and organizations a secure, straightforward way to hold reserves and earn interest — with the same PDIC protection and nationwide branch access as our personal accounts.
Open with as little as ₱5,000 (Peso) or $500 (U.S. Dollar) — sized for corporate and institutional accounts.
Transact through PVB branches and the BancNet ATM network across the Philippines.
Your deposits are protected by the PDIC up to ₱1,000,000 per depositor. Save with confidence.
Compare our Peso and U.S. Dollar savings options for corporate and institutional accounts.
Rates and features are indicative and may change without prior notice, subject to Bangko Sentral ng Pilipinas regulations. Please confirm current terms with your servicing branch.
ACCOUNT TYPE | INTEREST RATE (P.A.) | MINIMUM ADB TO EARN INTEREST | INTEREST CREDITING |
Peso Savings | 0.050% | ₱10,000 | Quarterly |
U.S. Dollar Savings | 0.075% | $500 | Quarterly |
Interest earned is subject to the 20% final withholding tax. Rates shown are indicative and may be revised by the Bank in line with prevailing market and BSP conditions.
FEE / CHARGE | AMOUNT | REMARKS |
Minimum initial deposit | ₱5,000 | Peso Savings ($500 for U.S. Dollar Savings) |
Minimum maintaining balance | ₱5,000 | $500 for U.S. Dollar Savings |
Below maintaining balance fee | ₱300 / mo. | If ADB falls below the required balance for two (2) consecutive months |
Dormancy fee | ₱30 / mo. | After 2 years of inactivity, if balance is below maintaining balance |
Passbook replacement (lost/damaged) | ₱100 | Per passbook |
ATM card replacement | ₱150 | Per card |
On-us ATM withdrawal (PVB/BancNet) | Free | — |
Interbank ATM withdrawal | ₱18 | Per transaction, plus acquirer fees |
Fund transfer — InstaPay | ₱25 | Per transaction, up to ₱50,000 |
Fund transfer — PESONet | ₱30 | Per transaction |
Account closure within 30 days | ₱300 | Waived thereafter |
Bank certification / statement of account | ₱100 | Per copy |
Interest earned is subject to the 20% final withholding tax. Rates shown are indicative and may be revised by the Bank in line with prevailing market and BSP conditions.
Corporations, partnerships, and sole proprietorships
Government offices and agencies
Cooperatives, associations, and other juridical entities
Represented by authorized signatories designated by the organization
Duly notarized Secretary's Certificate naming authorized signatories
Board Resolution authorizing the account opening
Articles of Incorporation, By-Laws, and any amendments
Two (2) primary IDs of every authorized signatory
Use our Branch & ATM locator to find a branch near you. No appointment required for account opening.
Present your valid ID(s), TIN, and the initial deposit for your chosen savings account.
Our branch staff will guide you through the Account Opening Form and Signature Card, and help you choose passbook and/or ATM.
Make your initial deposit and receive your passbook and/or ATM card. You're ready to save and enroll in digital banking.
Download and accomplish these forms before your branch visit. All files are in PDF format.
FATCA / CRS Self-Certification
Tax residency declaration · 1 pages
Beneficial Ownership Declaration
AMLA compliance · 1 pages
Corporate Account Opening Form
Corporate deposit accounts · 1 pages
Corporate Signature Card
Authorized signatories · 1 pages
Secretary's Certificate (template)
Naming authorized signatories · 1 pages
Board Resolution (template)
Authorizing account opening · 1 pages
Any duly registered corporation, partnership, sole proprietorship, cooperative, or government office can open an account, represented by its authorized signatories.
The minimum initial deposit is ₱5,000 for Peso Savings or US$500 for U.S. Dollar Savings.
You need a minimum average daily balance (ADB) of ₱10,000 for Peso Savings or $500 for U.S. Dollar Savings to earn interest.
Yes. Your deposits are protected by the PDIC up to ₱1,000,000 per depositor.
The number of authorized signatories is determined by the organization, as stated in the notarized Secretary's Certificate and Board Resolution.
A below-maintaining balance fee of ₱300 per month applies if the ADB falls below the required balance for two (2) consecutive months.
Corporate accounts are opened subject to the Bank's Know-Your-Customer (KYC) requirements and submission of complete corporate documents (Secretary's Certificate, Board Resolution, Articles of Incorporation). The Bank reserves the right to approve or decline any application in accordance with its policies and applicable regulations.
Deposits and withdrawals are subject to the account terms, maintaining balance requirements, and the Bank's standard transaction policies.
Interest is computed on the average daily balance and credited quarterly, net of the 20% final withholding tax.
Applicable fees and charges, including the below-maintaining balance and dormancy fees, are set out in the Bank's official schedule of fees available at any branch.
Accounts dormant for two (2) years with a balance below the maintaining balance may incur a dormancy fee. Account closure within 30 days of opening may be charged ₱300.
The Bank handles your personal and corporate information in accordance with the Data Privacy Act and the Bank's privacy policy.
Talk to our Corporate Banking team at a branch near you and open a savings account suited to your organization.
