Our Savings and Checking Accounts
Open an account for all your banking needs. It’s safe, accessible, and will help you achieve your dreams.
Open an account for all your banking needs. It’s safe, accessible, and will help you achieve your dreams.
Enjoy the flexibility of a savings account while earning interest. Option to have a savings account with passbook or ATM Card that provides convenience for funds access.
Without Auto Transfer | With Auto Transfer | |
Min. Initial Deposit | Php 1,000 | Php 1,000 |
Min. ADB Requirement | Php 1,000 | Php 1,000 |
Min. ADB to earn Interest | Php 5,000 | Php 10,000 |
Interest Rate | 0.25% | 0.25% |
Documentation | ATM or Passbook | ATM or Passbook |
Fund Access | ||
Over-the-Counter | Yes | Yes |
Funds Transfer | Yes | Yes |
Enjoy convenience and flexibility when it comes to payments with a low maintain balance requirement.
Individual | |
Min. Initial Deposit | Php 3,000 |
Min. ADB Requirement | Php 3,000 |
Documentation | ATM
Statement of Account |
Fund Access | |
Over-the-Counter | Yes |
Funds Transfer | Yes |
Keep your US Dollars safe with us.
Individual | |
Min. Initial Deposit | USD 100 |
Min. ADB Requirement | USD 100 |
Min. ADB to earn Interest | n/a |
Interest Rate | 0.00% |
Documentation | Passbook |
The easiest way to save with an initial deposit requirement of only Php 100 and a required balance of only Php 2,500 to earn interest.
If account balance exceeds Php 50,000, client shall open a MB Preferred Peso Saver Account.
Individual | |
Min. Initial Deposit | Php 100 |
Min. ADB Requirement | None |
Min. ADB to earn Interest | Php 2,500 |
Interest Rate | 0.10% |
Documentation | ATM |
Fund Access | |
Over-the-Counter | Yes |
Funds Transfer | Yes |
Help your child invest in his future. From an initial deposit of only Php 100 and a required balance of only Php 2,500 to start earning interest.
We can build your child’s future together!
Individual | |
Min. Initial Deposit | Php 100 |
Min. ADB Requirement | None |
Min. ADB to earn Interest | Php 2,500 |
Interest Rate | 0.10% |
Documentation | ATM |
Fund Access | |
Over-the-Counter | Yes |
Funds Transfer | Yes |
NOTE:
The Bangko Sentral ng Pilipinas (BSP) reminds us about the importance of saving our money in a Bank.
Do not just keep your money in unsafe places. Live Within Your Means, Live Life to the Fullest
Member PDIC: Maximum Insurance P500,000.00 For Each Depositor
Effective April 1, 2019, the Bank will increase its maintaining balance requirements on Current and Savings Accounts (CA/SA) to compensate for the rising cost of operations. Rest assured that the increase in maintaining balance requirements, and the corresponding penalty charges thereof are aligned with industry standards.
Accordingly, CA/SA accounts falling below the required maintaining balance for two consecutive months will be charged PHP 200 (Individual) / PHP 500 (Corporate) and USD 5 (Dollar Savings Account) on the last day of the second month.
Subsequently, the same amount will be charged if the balance of the account remains below the required amount on the succeeding months.
For further information, please feel free to talk to any of our officers at a Malayan Bank branch nearest you.