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Fees and Charges

PESO SAVINGS ACCOUNTS
1. Minimum - Initial Deposit Php 2,000.00
2. Monthly Maintenance Charge
        Active Accounts

No interest shall be paid if balance falls below the minimum
monthly average daily balance of Php5,000.00

Php300.00 per month if balance falls below the minimum
monthly average daily balance of Php2,000.00 for two (2)
consecutive months.

        Dormant Accounts

Php30.00 per month on dormant deposit accounts if balance
falls below the minimum monthly average daily balance if
inactive for five (5) years and upon prior notice.

Php300.00 per month if balance falls below the minimum
monthly average daily balance of Php2,000.00

3. Closing of Accounts Php200.00 if account is closed within 30 days from the date
of account opening.
4. Accounts with Automatic Transfer Arrangement Php300.00 per month on regular Peso Savings Account with
Automatic Transfer Arrangement (ATA) if balance falls below
the minimum monthly average daily balance of Php10,000 for
individual account and Php20,000 for corporate account.
5. Lost Passbook Php200.00 charge for the replacement of lost passbook.
PESO SAVINGS ATM ACCOUNTS
1. Minimum - Initial Deposit Php 2,000.00
2. Monthly Maintenance Charge
     a.  Active Accounts

No interest shall be paid if balance falls below the
minimum monthly average daily balance of Php5,000.00

Php300.00 per month if balance falls below the minimum
monthly average daily balance of Php2,000.00 for two (2)
consecutive months.

     b.  Dormant Accounts

Php30.00 per month on dormant deposit accounts if
balance falls below the minimum monthly average daily
balance if inactive for five (5) years and upon prior notice.

Php300.00 per month if balance falls below the minimum
monthly average daily balance of Php2,000.00

3. Closing of Accounts Php200.00 if account is closed within 30 days from the date
of account opening.
4. Replacement of Damaged/Lost/Stolen ATM Card Php150.00
5. Change of PIN(forgotten) Php150.00
6. Replacement of a misprinted card
(If already received by the cardholder)
Php150.00
7. Replacement of a misprinted card
(Due to erroneous data/info input by branch personnel)
Branch expense or charge to new accounts.
Php150.00
8. Other Charges  
     a. Inter-Bank Fund Transfer Fee (IBFT)

Php25.00

     b. Balance Inquiry fee (Other Bank's ATM) Php1.00
     c. Transaction fee (Other Bank's ATM) Php10.00
     d. Maximum withdrawal amount per day Php20,000.00
     e. Maximum withdrawal frequency per day none

     f. Maximum withdrawal amount per transaction (PTC's ATM)

Php10,000.00
     g. Minimum withdrawal amount per transaction (PTC's ATM) Php100.00
     h. ATM card jacket Php10.00
     i. ATM Account Over the Counter withdrawal (less than the standard withdrawal limit) Php100.00
     j. CCTV Viewing - For Metro Manila Branches Php1,000.00
     k. CCTV Viewing - For Provincial Branches Php1,500.00
PESO CHECKING ACCOUNTS
1. Minimum - Initial Deposit
     a. Individual, Partnership, and Sole Proprietorship Accounts Php 10,000.00 
     b. Corporate Accounts Php 15,000.00
2. Monthly Maintenance Charges for Checking Accounts  
     a. Individual, Partnership, and Sole Proprietorship Accounts Php300.00 per month if balance falls below the minimum
monthly average daily balance of Php10,000.00
     b. For Corporate Accounts  Php300.00 per month if balance falls below the minimum
monthly average daily balance of Php15,000.00
     c. For Dormant Accounts  Php30.00 per month on dormant deposit accounts if
balance falls below the minimum monthly average daily
balance if inactive for five (5) years and upon prior notice.
3. Rejected Checks Issued
     a. Rejected due to uncollected or insufficient funds (CICSRR Sec.24.1 & 24.5) Php2,000.00 service charge plus penalty charge of
Php200.00 per day for every Php40,000.00 or a fraction
thereof based on amount of check, to be charged on
both working and non-working days.
     b. Rejected due to exceeds authority limit
         (CICSRR Sec.24.1 & 24.5)
Service charge of Php2,000.00
     c. Returned checks for reason "Payment Stopped"
        (Funded or Unfunded) (CICSRR Sec.24.1 & 24.5)

Php2,000.00 service charge plus penalty charge of Php200.00 per day for every Php40,000.00 or a fraction
thereof based on amount of check, to be charged on both working and non-working days.

4. Checkbook requisition At prevailing rate set by the Printing Company Presently.
Php250.00 - Personal Checks
Php500.00 - Commercial Checks
 
PESO TIME DEPOSIT
1. Minimum - Initial Deposit Php5,000.00
2. Doc. Stamps Tax Php 1.50 for every Php 200.00 of fraction thereof
3. Pretermination - TCD
     a. Within the first half of the agreed term

25% of agreed interest rate

No interest will be paid if preterminated within 7 days from
the date of deposit/renewal (Memo dated April 21, 1993)

     b. Within the second half of the agreed term

50% of agreed interest rate

Cost of documentary stamps php1.50 for every Php200.00
or fraction thereof

Time deposit with term of less than 1 year the Doc. Stamp
shall be of a proportional amount in accordance with the ratio
of its term in number of days to 365 days (R.A 9243 Sec.179)

If preterminated will be charged to the proceeds
of the placement.

No interest will be paid if preterminated within
7 days (Memo dated April 21, 1993)

     c. The cost of Documentary Stamps will be deducted from the proceeds of the preterminated time deposit or can be paid
         in cash by the account holder.
 
4. Pretermination - TCD Long Term  

     a. The deposit shall be subject to income tax as provided under Section 24 (B) (1) of the Tax Reform Act of 1997 which
         states "xxx a final tax shall be imposed on the entire income and shall be deducted and withheld by the depository
         bank from the proceeds of the long - term deposit or investment certificate based on the remaining maturity thereof:

If the pretermination occurs after                                                                     Final Tax
Four (4) years to less than five (5) years                                                                 5%

Three (3) years to less than four (4) years                                                              12%

Less than three (3) years                                                                                        10%

 

b. The interest to be paid shall be adjusted as follows:

If the pretermination occurs after:                                                                  Interest to be paid
Four (4) years to less than five (5) years                                                  Agreed Rate x 95% less Tax

Three (3) years to less than four (4) years                                              Agreed Rate x 80% less Tax

Two (2) years to less than three (3) years                                               Agreed Rate x 70% less Tax

One (1) year to less than two (2) years                                                    Agreed Rate x 60% less Tax

Six months to less than one (1) year                                                       Agreed Rate x 50% less Tax

Three months to less than six months                                                   Agreed Rate x 25% less Tax

Below three months                                                                                                    0%

c. The cost of Documentary Stamps will be deducted
    from the proceeds of the preterminated time deposit.                      Php1.50 for every Php200.00
 
   
   
   
   
U.S. DOLLAR TIME DEPOSIT
1. Minimum - Initial Deposit USD1,000.00
2. Pretermination for Short Term TCD
     a. No interest will be paid when preterminated within 7 days
     b. Within the first half of the agreed term (at least more than 7 days)   25% of agreed interest rate
     c. Within the second half of the agreed term   50% of agreed interest rate
3. Pretermination for Long Term TCD
     a. No interest will be paid when preterminated within 30 days
     b. An interest rate of 1% will be given based on the TCD's no. of days
Outward Bills for Collection - Domestic
1. Commission
     a. Minimum Php 100.00
     b. Below Php 10,000.00 1/4 of 1% or (.0025) plus Php50.00 for postage
     c. Php10,001.00 & above 1/8 of 1% or (.00125) plus Php50.00 for postage
Rental of Safe Deposit Box
1. 2 x 5 x 24 Php 900.00
2. 3 x 5 x 21 Php 900.00
3. 3 x 10 x 24 Php 1,100.00
4. 5 x 5 x 21 Php 1,000.00
5. 5 x 10 x 24 Php 1,300.00
6. 5 x 10 x 21 Php 1,300.00
7. 10 x 10 x 21 Php 1,800.00
8. 10 x 10 x 24 Php 1,800.00
9. Key Deposit Php 2,000.00
Loans
1. Appraisal Fee
    1.1 Real Estate  
          a. Areas within Metro Manila

Php2,500.00

Additional Php500.00 for each title submitted for appraisal.

Additional Php1,000.00 for each collateral located within
the same subdivision or location.

Additional Php2,000.00 for each collateral located far from
the first location and within the same city/province.

         b. Areas outside Metro Manila
             (with one day/office hours fieldwork)

Php5,000.00

Additional Php500.00 for each collateral submitted for
appraisal.

Additional Php1,000.00 for each collateral located within
the same subdivision or location.

Additional Php2,000.00 for each collateral located far from
the first location and within the same city/province.

         c. Areas Outside Metro Manila (with overnight or more than one day fieldwork)

Php5,000.00

Additional Php500.00 for each title submitted for appraisal.

Additional Php1,500.00 for each collateral located within
the same subdivision or location.

Additional Php2,500.00 for each collateral located far
from the first location and within the same city/province.

Note: Plus airfare, hotel accommodation, gasoline
expenses and actual receipted incidental expenses.
Collecta

       d. Large parcels of land (several subdivision lots) Apply the above basic rates and additional charges
(on case-to-case basis)
            1.2 Chattel Mortgage  
                    A. Machinery and Equipment  
                          a.1 Areas within Metro Manila Php1,500.00
                          a.2 Areas outside Metro Manila Php2,000+ Actual receipted expenses
                    B. Used car  
                          b.1 Areas within Metro Manila Php1,500.00
                          b.2 Areas outside Metro Manila
 
Php2,000+Actual receipted expenses
2. Documentary Stamp  
        a. On mortgage document

When the amount secured does not exceed

Php5,000.00 - Php40.00. On each Php5,000.00 or fractional
part thereof in excess of Php5,000.00 an additional tax
of Php20.00

        b. On debt instrument or promissory note Php1.50 on each Php200.00, or fraction part thereof on every
original issue of debt instruments of 1 year. For less than
1 year, a proportional amount in accordance with the ratio of
its term in number of days to 365 days. (R.A.10963)
3. Registration Fee Based on amount of mortgage per schedule of fees.
4. Service Fee 2% per annum on principal outstanding in addition to
contracted loan interest rate.
5. Penalty Charge In case any note/amortization and/or interest becomes past
due, a penalty charge of 2% per month shall be collected on
the outstanding principal from date of default until full payment
of the obligation.
6. Certification Fee Php500.00 per Certification of Loan Credit Line and
Certification of payment
7. Commitment Fee 1/4 of 1% of the Committed amount or Php2,500.00
whichever is higher.
8. Cancellation of Mortgage Php500.00 for reissuance of Cancellation of Mortgage.
INWARD REMITTANCES
1. Credit to Peso Savings Account (S/A) or Current Account (C/A)
     a. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
     b. Commission Php250.00
2. Credit to U.S. Dollar Account
USD500 - & BELOW USD7.50
USD501 - USD1,000 USD15.00
USD1,001 - USD1,500 USD20.00
USD1,501 - USD2,500 USD22.50
USD2,501 - USD5,000 USD27.50
USD5,001 - USD10,000 USD30.00
USD10,001 - USD20,000 USD32.50
USD20,001 - USD40,000 USD35.00
USD40,001 - USD50,000 USD37.50
USD50,001 - USD100,000 USD40.00
USD100,001 - USD250,000 USD50.00
USD250,001 - USD500,000 USD55.00
USD500,001 - USD750,000 USD65.00
USD750,001 - USD1,000,000 USD75.00
USD1,000,001 - USD1,250,000 USD85.00
USD1,250,001 - USD1,500,000 USD95.00
USD1,500,001 - & ABOVE 0.00007
3. Via PDDTS payable to an account with another bank the same as above
4. Proceeds in Peso Manager's Check (MC)
     a. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
     b. Processing Fee Php100.00
Outward Remittances (withdrawal from U.S. Dollar Accounts)
1. SWIFT Transfer Charges USD 35.00
 
   
   
 
Application for SWIFT Transfer
     a. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
     b. Cable Charge USD35.00
     c. Commission 1/2 of 1% of the Peso Equivalent at selling rate
Philippine Domestic Dollar Transfer Systems (PDDTS)
1. Inward  
     a. In U.S. DOLLARS USD 4.00
     b. Converted to PESO (end-of-day netting)  
     b.1. Commission               Php 250.00 
   b.2. Documentary Stamps Php 0.60 for every Php 200.00 or fraction thereof
 2. Outward
      a. In U.S. DOLLARS USD 12.50
Domestic Remittance
1. SWIFT - Real Time Gross Settlement (RTGS)
     a. Inward  
            a.1. Commission Php200.00
     b. Outward  
            b.1. Commission Php150.00
            b.2. Cable Charge Php100.00
2. PESONET  
     a. Inward No Charges
     b. Outward  
           a.1. Commission Php100.00
           a.2. Cable Charge Php100.00
Import Letters of Credit (LC)
1. Documentary Stamps (Domestic and Foreign LC) Php0.60 for every Php200.00 or fraction thereof
2. Import LC Openings
     a. Commission
          a.1. Sight, Usance Credit

1/4 of 1% first 60 days,

1/8 of 1% every 30 days

thereafter minimum of Php1,000.00

          a.2. Domestic LCs the same as above
          a.3. Cable Charges Php2,000.00
3. Import LC Amendments
     a.Commission
          a.1. Increase in Amount of Credit 1/4 of 1% of increase in LC value amount minimum of Php1,000.00
          a.2. Extension of Credit Based on the outstanding balance, 1/8 of 1% per month minimum of Php 1,000.00
          a.3. Other Amendments Php 1,000.00
          a.4. Cable Charges Php 1,000.00
4. Import LC Negotiations Php 1,000.00 if account is closed within 60 days from date of opening
I. Imports - LC
     a. Sight Bills
          a.1. Commission drawings against expired LC 1/8 of 1% of Principal/Value minimum of Php1,000.00
          a.2. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
          a.3. Excess Drawings 1/4 of 1% of amount over and above LC value minimum of Php1,000.00
      b. Usance Bills
          b.1. Commitment Fee (Draft Drawn on Accountee) 1/4 of 1% every month, minimum of Php1,000.00
          b.2. Domestic Bills  1/4 of 1% every month, minimum of Php1000.00
          b.3. Handling Fee for Self-Funded Import Bill 1/4 of 1% of face value
          b.4. Cable Charge Php1,000.00
II. Inward Bills
     a. Booking/Acceptance (DA,OA)
         a.1. Handling Charge Php1,000.00
         b.2. Cable Charge Php,1000.00
     b. Negotiation/Remittance (DA,OA,DR,DP,AP)
         b.1. Commission 1/4 of 1% of Principal/Value minimum of Php1,000.00
         b.2. Cable Charge Php1,000.00
         b.3. Doc. Stamps Php0.60 for every Php200.00 or Fraction thereof
III. Domestic Bills
     a. Negotiation/Payment  
         Handling Charge Php1,000.00

5. Trust Receipts

Interest at prevailing standard/current/approved/contracted/negotiated rate. Penalty for past due accounts at prevailing standard current rate of 2% per month or the approved/contracted/negotiated rate

         Documentary Stamps Php1.50 for every Php200.00 or fraction thereof of the
principal amount of TR on original issue of 1 year. For less
than 1 year, a proportional amount in accordance with the
ratio of its term in number of days over 365 days.
6. Others
     a. Shipside Bonds (SSB)
         a.1. Commission Php 500.00
         a.2. Penalty Php 500.00 per month after 30 days
         a.3. Doc. Stamps Php 3.00 per cancelled guaranty
     b. Service of Customs Duties
         b.1. For each entry (Final Duties) Php 500.00
         b.2. For Import Entry Declaration (IED) Php 500.00
         b.3. E2M PAS5 Enrollment Php 100.00
Export Letters of Credit (LC)
1. Export LC Advising
     a. Advising Fee
       a.1. For CLIENT No Charge
       a.2. For NON - CLIENT Php 1,200.00
2. Export LC Amendment
     a. Amendment Fee
        a.1. For CLIENT No Charge
        a.2. For NON - CLIENT Php 900.00
3. Export LC Negotiations
     a. Commission
                 a.1. Drafts Purchased in Transit (if paid in Pesos) No Charge
     b. Postage Courier Service per Document, Php 1,000.00 minimum
     c. Doc. Stamps Php 0.60 for every Php 200.00 or fraction thereof
     d. Cable Charge Php 1000.00
4. Documentary Collections
     a. Outgoing Bills (if paid in foreign currency)
        a.1. Handling Fee in lieu of exchange 1/4 of 1% of draft amount
        a.2. Courier Service  Php 1,000.00 minimum per document
        a.3. Documentary Stamps Php 0.60 for every Php 200.00 or fraction thereof
        a.4. Cable Charge (if applicable) Php 1000.00
Documentary Collections
1. Incoming Bills
     a. Non-Trade
          In U.S. Dollar Payment - Commission (Foreign and Domestic), Loans and Collection 1/4 of 1% of face amount minimum of Php 1,000.00
     b. Trade
          Documentary Bills and Open Accounts, DA, Offshore  - Cable Charge - Php 650.00
 - Handling Charge - Php 1000.00
Other Services
1. Application for Manager's Check (MC) and Gift Check (GC) Php 50.00
2. Bank Certification Fee Php 100.00
3. Microfilm Reproduction of Check Php 100.00 per document/copy
4. Request for Photo Copy Php 5.00 per document/copy
5. Inter-branch Transactions (Intended for Philtrust Bank Provincial Branches) Php 100.00
6. Interim Statement - Printout Php20.00 per page
7. Printout of Historical statements                less than 5 years First Three (3) pages Php100
succeeding pages Php20/page
8. Printout of Historical statements      more than 5 years up to
10 years
First Three (3) pages Php100
succeeding pages Php50/page

9. Current Account Printout 
of Historical statements with check images

less than 5 years

First Three (3) pages Php100
succeeding pages Php50/page

10. Current Account  Printout 
of Historical statements with check images
more than 5 years up to
10 years
First Three (3) pages Php150
succeeding pages Php50/page
U.S. Dollar Savings Accounts
1. Minimum - Initial Deposit
     a. Cash USD 500.00
2. Monthly Maintenance Charge
       a.  Active Accounts

No interest shall be paid if balance falls below the minimum
monthly average daily balance of USD500.00

USD1.00 per month if balance falls below the minimum
monthly average daily balance of USD500.00 for two (2)
consecutive months.

       b.   Dormant Accounts

USD1.00 per month on dormant deposit accounts if
balance falls below the minimum monthly average daily
balance if inactive for five (5) years and upon prior notice.

USD1.00 per month if balance falls below the minimum
monthly average daily balance of USD500.00

No interest shall be paid for Dormant accounts

3. Charge on interbranch transactions for
    provincial branches
USD2.00
4. Replacement for lost passbook USD5.00
5. U.S. Dollar notes deposited & withdrawn
    outright as cash (within 7 days from date of deposit)
No Charges

     U.S. Dollar notes deposited & withdrawn outright as telegraphic transfer

1/2 of 1%
     5.1 for crossborder - cable USD35.00
     5.2 for Gross settlement Real Time (GSRT) USD12.50
     5.3 In the form of other Foreign Currency In the range of USD30.00 - USD40.00 depending on the
Foreign Currency.
6. Closing of Account USD5.00 if account is closed within 30 working days from
date of opening.