• UCPB Savings Account

    You can manage your funds conveniently with UCPB. You can choose from a wide range of deposit facilities. The interest rates are competitive. You get a greater accessibility to your funds. You can use the funds at times of emergencies, to accumulate funds for investments, and to save for things you want to purchase. The savings account helps you become financially independent.

    Features and Benefits

    The following are the various features and benefits of UCPB Savings Account:

    • A higher interest rate is offered on the funds deposited.
    • The deposits are insured up to P500,000 by the PDIC.
    • The minimum balance requirement to open an account is low.
    • The savings account can be opened for children and retirees.
    • You can make withdrawals at any time.
    • You can open a foreign currency account.
    • You can open personal and corporate accounts.

    Types of UCPB Savings Account

    The following are the various types of Savings Account offered by UCPB:

    1. Peso Accounts

      Multi-One

      This is a checking account that comes with passbook and ATM.

      Initial deposit requirement P20,000
      Minimum monthly average daily balance P20,000
      Minimum balance required to earn interest P20,000

      Regular Savings Account ATM

      This savings account comes with an ATM card.

      Initial deposit requirement P2,000
      Minimum monthly average daily balance P2,000
      Minimum balance required to earn interest P10,000

      Regular Savings Account Passbook

      This savings account comes with passbook.

      Initial deposit requirement P10,000
      Minimum monthly average daily balance P10,000
      Minimum balance required to earn interest P10,000

      Start2Save Junior Savings Account

      This account is meant for children between the ages of 0 – 17. It comes with an ATM card and passbook. You can set a monthly savings goal. The money will grow more when you deposit more amount.

      Initial deposit requirement P100
      Minimum monthly average daily balance P100
      Minimum balance required to earn interest P1,000
    2. U-Remit Accounts

      U-Remit ATM Savings Account

      This is a remittance savings account that comes with an ATM.

      Initial deposit requirement Waived
      Minimum monthly average daily balance None
      Minimum balance required to earn interest P500

      U-Remit Passbook Savings Account:

      This is a remittance account that comes with a passbook.

      Initial deposit requirement P100
      Minimum monthly average daily balance None
      Minimum balance required to earn interest P500
    3. Pensioner Accounts

      SSS Pensioner’s Account

      This is an ATM account which is meant for SSS Pensioners.

      Initial deposit requirement P100
      Minimum monthly average daily balance None
      Minimum balance required to earn interest P10,000

      AFP Pension Savings Account

      This is an ATM savings account for AFP Pensioners.

      Initial deposit requirement NA
      Minimum monthly average daily balance None
      Minimum balance required to earn interest P500

      PVAO Pension Account

      This is an ATM account for PVAO Pensioners.

      Initial deposit requirement P100
      Minimum monthly average daily balance None
      Minimum balance required to earn interest P10,000

      AFPSLAI Pension Account

      This is an ATM account for AFPSLAI Pensioners.

      Initial deposit requirement P100
      Minimum monthly average daily balance None
      Minimum balance required to earn interest P10,000
    4. Foreign Currency Account

      You can open a foreign currency savings account with UCPB.

      US Dollar Savings Account

      Initial deposit requirement USD500
      Minimum monthly average daily balance USD500
      Minimum balance required to earn interest USD1,000

      Euro Savings Account

      Initial deposit requirement EUR500
      Minimum monthly average daily balance EUR500
      Minimum balance required to earn interest NA

      GB Pounds Sterling Savings Account

      Initial deposit requirement GBP500
      Minimum monthly average daily balance GBP500
      Minimum balance required to earn interest GBP500

      Japanese Yen Savings Account

      Initial deposit requirement JPY50,000
      Minimum monthly average daily balance JPY50,000
      Minimum balance required to earn interest NA

      Australian Dollar Savings Account

      Initial deposit requirement AUD500
      Minimum monthly average daily balance AUD500
      Minimum balance required to earn interest AUD500

      Canadian Dollar Savings Account

      Initial deposit requirement CAD500
      Minimum monthly average daily balance CAD500
      Minimum balance required to earn interest CAD500

      Chinese Yuan Savings Account

      Initial deposit requirement CNY5,000
      Minimum monthly average daily balance CNY5,000
      Minimum balance required to earn interest NA

      Singapore Dollar Savings Account

      Initial deposit requirement SGD5,000
      Minimum monthly average daily balance SGD5,000
      Minimum balance required to earn interest NA

    UCPB Savings Account Eligibility Requirements

    The UCPB savings account can be opened by:

    • Resident.
    • Individual.
    • Sole proprietor.
    • Non-resident.
    • Resident alien.
    • Corporations.
    • Senior citizens.
    • OFWs.
    • Children between the ages of 0-17 can open a Junior Savings account.

    Documents Required for UCPB Savings Account

    You will have to submit the following documents:

    • Latest colored ID picture.
    • Utility bills.
    • Credit card bills.
    • Employee ID for private entities or institutions registered with:
      • Insurance commission.
      • Bangko Sentral ng Pilipinas.
      • Securities and Exchange Commission.
    • Employee IDs for government employees:
      • GOCC ID.
      • Government office ID.
    • Government issued IDs:
      • Unified Multi-Purpose Identification card.
      • Driver’s license.
      • Government Service Insurance System e-Card.
      • Tax Identification ID.
      • Maritime Industry Authority ID.
      • Passport, even the ones issued by foreign governments.
      • Integrated Bar of the Philippines ID.
      • Professional Regulations Commission ID.
      • Postal ID.
      • Philhealth ID card.
      • Voter’s ID.
      • Barangay Certification.
      • Police clearance.
      • National Bureau of Investigation clearance.
    • Senior citizen card.
    • Overseas Filipino Workers:
      • Seaman’s book.
      • Overseas Filipino Worker ID.
      • Overseas Workers Welfare Administration ID.
    • Persons with disability:
      • Department of Social Welfare and Development certification.
      • Certification from the National Council for the Welfare of Disabled Persons.
    • Students have to submit the school ID that is signed by the head of the school or the principal.
    • Resident aliens have to submit:
      • Immigrant Certificate of Registration.
      • Alien Certification of the Registration card.
    • Non-resident aliens also have to submit Alien Certification of the Registration card.
    • Documents required for opening Start2Save Junior Savings Account:
      • Valid ID of the parent for In-Trust-For account.
      • NSO copy of the birth certificate. Original has to be presented for authentication for In-Trust-For account.
      • One ID picture for In-Trust-For account.
      • For the principal account that is for teens between 7 – 17 years one valid Id of the child and one ID picture has to be submitted.
    • Requirements for U-remit account are as follows:
      • Working Visa.
      • Philippine Overseas Employment Agency ID.
      • Overseas Employment Contract.
      • Overseas Workers Welfare Administration ID.
      • Employment pass.
      • Overseas Employment Certificate.
      • Resident ID that is issued by the host country.
    • Requirements to open AFP Pension Accounts are as follows:
      • AFP Pensioner’s Identification card that is signed by an authorized signatory of AFP and pensioner.
      • Notarized waiver of rights from AFP Finance Center.
      • Letter of Introduction from AFP Finance Center that is signed and issued by the AFP.
    • Joint account holders will have to submit the Joint Account Agreement, the form will be provided by UCPB.
    • Sole proprietor:
      • Photocopy of Application for Registration.
      • Photocopy of Certificate of Registration of Business Name with DTI.
    • Non-Resident citizen:
      • Seaman’s Certificate.
      • Certificate of Contract of Employment of Overseas Contract Worker.
    • Non-Resident Alien:
      • Certificate of Residency that is issued in the foreign country Consulate.
      • Immigration Visa which is issued by the foreign government in the country you reside in.
      • Certification from the Department of Foreign Affairs of the Philippines.
      • Certification from the Bureau of Immigration of the Philippines.
      • Working Visa that is issued by the Philippine Embassy.
    • Resident Alien:
      • Special Retiree's Resident Visa.
      • Investors Visa issued by government agencies.
      • Special Resident Investors Visa.
      • Authenticated copy of Alien Certificate of Residence from Bureau of Immigration.
    • Sole proprietorship should submit the Certificate of Registration issued by DTI.
    • Civic, corporation, partnership, foundations, non-profit organizations, and associations:
      • Certificate of Registration that is issued by the SEC.
      • Articles of Incorporation or Partnership or Association and By-laws.
      • Notarized Board or Partnership Resolution.
      • Latest General Information Sheet that includes Names of Directors or Trustees or Partners, Principal Stockholders, and Primary.
      • Photo-bearing ID.
      • Photocopy of Certificate or License or Authority to operate.
      • Reinsurance Brokerage License.
      • Certificate of Authority to operate a school.
    • Treasurer-in-Trust:
      • Notarized Treasurer’s Affidavit.
      • Photo-bearing ID of the Treasurer in Trust.
      • Proposed Articles of Incorporation.
      • Proposed By-Laws.
    • Cooperative:
      • Articles of Incorporation.
      • Association and By-laws.
      • Bureau of Internal Revenue Exemption Certificate.
      • Certificate of Registration.
      • Member’s Resolution.
    • Foreign Exchange Dealers, Money Changers, Pawnshop, and Local Remittance Agents:
      • BSP Certificate of Registration.
      • Certificate of Registration from AMLC.
      • Mandatory required documents for juridical accounts. 

    UCPB Savings Account Interest Rates

    The following are the interest rates offered for the various Savings Account:

    Multi-One 0.25% p.a.
    Regular Savings Account ATM 0.25% p.a.
    Regular Savings Account Passbook 0.25% p.a.
    Start2Save Junior Savings Account 0.25% p.a.
    U-Remit ATM Savings Account 0.25% p.a.
    U-Remit Passbook Savings Account 0.25% p.a.
    SSS Pensioner’s Account -
    AFP Pension Savings Account -
    PVAO Pension Account -
    AFPSLAI Pension Account -
    US Dollar Savings Account 0.125% p.a.
    Euro Savings Account 0% p.a.
    GB Pounds Sterling Savings Account 0.25% p.a.
    Japanese Yen Savings Account -
    Australian Dollar Savings Account 0.25% p.a.
    Canadian Dollar Savings Account 0.25% p.a.
    Chinese Yuan Savings Account -
    Singapore Dollar Savings Account -

    The withholding tax is 20%.

    Fees and Charges

    The following are the applicable fees and charges:

    Maintenance fee for falling below the monthly average daily balance

    P500

    US Dollar Savings Account – USD10

    Euro Savings Account – EUR10

    GB Pounds Sterling Savings Account – GBP10

    Japanese Yen Savings Account – JPY1,000

    Australian Dollar Savings Account – AUD10

    Canadian Dollar Savings Account – CAD10

    Chinese Yuan Savings Account – CNY100

    Singapore Dollar Savings Account – SGD50

    Dormancy fee

    P30 or its equivalent.

    How to apply for UCPB Savings Account

    You can apply for a UCPB Savings Account through the following ways:

    • Phone: You can call 02-811-9111 or 1-800-1-888-9777 to know more about the account and find out the process to apply and initiate it.
    • Face-to-face: You can find the closest UCPB branch on the UCPB website and visit the branch where you can meet with the bank representative and learn more about the account before applying for it.

    UCPB Savings Account Hotline Number

    You can reach UCPB at 02-811-9111 or 1-800-1-888-9777. You can also send an email to crc@ucpb.com.

    UCPB Savings Account FAQs

    1. What is the highest rate of interest offered by UCPB?

      UCPB offers up to 0.25% p.a. interest on the savings account.

    2. Is there any account meant for children?

      Yes, children up to the age of 17 can open a Start2Save Junior Savings Account.

    3. Are there any Savings account meant for the Overseas Filipino Workers?

      UCPB offers U-Remit accounts which are specially designed for Overseas Filipino Workers.

    4. What are the different currencies with which I can open a UCPB Foreign Currency Savings Account?

      You can open a UCPB Foreign Currency Savings Account with US Dollar, Euro, GB Pounds Sterling, Japanese Yen, Australian Dollar, Canadian Dollar, Chinese Yuan, and Singapore Dollar.

    5. Are my deposits protected?

      Yes, your deposits are protected by PDIC. 

  • Contact Us on Mail
    Facebook
    reTH65gcmBgCJ7k - pingdom check string.
    This Page is BLOCKED as it is using Iframes.