Fees and charges
Personal
Accounts Summary Details
Our Latest Account Summary Details
We are updating our account balance requirements and interest rates so you can get more out of banking with us. Effective 01 January 2024, the table below will apply.
| Opening Balance | Maintaining Balance | Interest Rate (% p.a) |
Debit Card | Passbook | Checkbook | |
|---|---|---|---|---|---|---|
| All Access | No opening balance (PHP5,000 before January 1, 2024) |
PHP25,000 | 0.0675%* |
✓**
|
✓***
|
✓***
|
| Easy Savings | No opening balance (PHP5,000 before January 1, 2024) |
No maintaining balance (PHP10,000 before January 1, 2024) |
0.0675%* |
✓**
|
x
|
x
|
| eSecure Savings | PHP500 | PHP5,000 | 0.5000% to 3.0000%**** |
x
|
x
|
x
|
*earn this rate for an Average Daily Balance of PHP25,000 and above
** get for FREE when you open an All Access or Easy Savings Account
***get for FREE when you open an All Access Account and maintain PHP25,000
****depends on maintaining balance. See the eSecure Savings Interest Rate table.
ATM Transactions
| PROCESS/TRANSACTION | FEES/CHARGES |
|---|---|
| Interbank ATM Withdrawal Fee | PHP10 (PHP15; effectivity date April 07, 2021); PHP300 for Cirrus/Maestro |
| Interbank ATM Balance Inquiry Fee | PHP1 (PHP2; effectivity date April 07, 2021) |
| Declined Transaction for Cirrus Maestro | PHP60 |
| Interbank Funds Transfer (IBFT): |
|
Note: Acquirer-based fee model will be implemented beginning April 7, 2021.
Effective September 15, 2021, ALL deposit products will be charged a transfer fee of PHP25.00 for each InstaPay transaction via the Security Bank Online app within 1-2 banking days. Charges for Easy Account remain applicable.
No charges will be applied for Gold Circle and Wealth Management Clients.
Checking and Savings Accounts
| FEES AND CHARGES | PESO SAVINGS ACCOUNT | PESO CHECKING ACCOUNT | DOLLAR SAVINGS ACCOUNT | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Notarial Fee (notarization of affidavit of loss) for Lost Passbook | PHP200 | ||||||||
| Replacement of Lost Passbook or Trackbook/Recordbook (for Peso Checking Account) | PHP200 PHP200 | ||||||||
| Bank Certification |
PHP200 (including Bank Certification for the British Embassy) |
||||||||
| InstaPay (No InstaPay charges to be applied for Gold Circle and Wealth clients) | PHP25 | PHP25 | |||||||
| Statement of Account (SOA) |
PHP100 per page (for Easy Account) PHP50 per page (for all other savings accounts) |
PHP50 per page | PHP50 per page (SOA for previous year/s) | ||||||
| Electronic Statement of Account (eSOA) | — | Free-of-charge | — | ||||||
|
Dormancy Charges starting on the 61st month Reminders: 1. You may visit any branch to reactivate your account and avoid dormancy charges. a. For corporate accounts:
b. For Individual accounts:
|
PHP30 per month | PHP30 per month | PHP30 per month (based on the prevailing exchange rate) | ||||||
|
Minimum Balance Charges are to be collected only if the account falls below the minimum balance for two (2) consecutive months Note: 1. Applicable to Active and Dormant accounts |
PHP300 per month |
|
USD10 per month | ||||||
| Early Closure Charges (within 30 days) |
PHP300 within 30 days (PHP500 starting September 15, 2021) |
USD5 within 30 days (USD 15 starting September 15, 2021) |
|||||||
| Over-the-Counter (OTC) Deposit Fee, for eSecure Savings Account only | PHP100 | — | — | ||||||
| Over-the-counter (OTC) Withdrawal Fee | (PHP200 starting May 5, 2021) | PHP30 (free-of-charge, for All-Access and All-In-One Checking Account) | |||||||
| Stop Payment Order (SPO) Request | — | PHP300 per check; For more than 5 checks, a maximum amount of PHP1,500 per SPO request | — | ||||||
| Cost of Checkbook | — |
|
— | ||||||
| Cost of Debit MasterCard Replacement |
PHP300 (for Easy Account)
PHP150 (for all other savings accounts) |
PHP150 | — | ||||||
| Cost of PIN Mailer Replacement | PHP100 | PHP100 | — | ||||||
| Any Debit Card PIN-related request via branch (i.e. PIN reset or PIN replacement) | PHP100 (for Easy Account) | — | — | ||||||
| RCOCI Charges | — | PHP1,000 per check + PHP200 per day for every PHP40,000 amount of check or a fraction thereof | — | ||||||
| Presenting Bank’s Charges on Returned Checks | — | PHP1,000 per check | USD38.00 per check | ||||||
| Lifting of the 3 days hold on dollar notes deposit (For Cash Withdrawal) | — | — | None | ||||||
|
— | — |
|
||||||
| 3rd Currency Check Deposit | — | — |
|
||||||
| Foreign currency checks received over-the-counter | — | — |
Note: Not applicable for SB MasterCard Dollar billings.
|
||||||
Time Deposits
| PROCESS/TRANSACTION | FEES/CHARGES |
|---|---|
| Documentary Stamp Tax (DST) on pre-terminated TD | PHP1.50 per PHP200 or a fraction thereof for the remaining term of TD |
| Pre-termination penalty for an interest rate of TD (different penalty rate to be applied on pre-termination date) | Please refer to BBG Bulletin #2017-009 |
| Bank Certification |
PHP100 + PHP50 for visa application for British Embassy PHP200 (including Bank Certification for British Embassy) (Effective March 18, 2019) |
Loan Products
Cash Card
| PROCESS/TRANSACTION | FEES/CHARGES |
|---|---|
| Replacement of Cash Card | PHP150 (Local); PHP250 (International) |
| Replacement of PIN Mailer | PHP100 |
| Loading / Deposit (OTC) | PHP100 per transaction Notes:
|
| Withdrawal (OTC) | PHP100 per transaction |
| Funds Transfer (OTC)
|
PHP100 Notes:
|
| Inactivity Fee | PHP350 per month starting on the 14th month |
| Copy of Transaction Record (OTC) | PHP50 per page |
Manager's Check
| PROCESS/TRANSACTION | FEES/CHARGES |
|---|---|
| Manager’s Check |
PHP75 |
| Gift Check | PHP50 |
Worldlink Demand Draft
| PROCESS/TRANSACTION | FEES/CHARGES |
|---|---|
| Issuance Fee | USD5 |
| Handling Fee | USD4 |
| Cancellation Fee | USD10 |
| Photocopy Request Fee | USD10 |
| Documentary Stamp Tax (DST) ,if payment is made in Peso | PHP0.60 per PHP200 peso equivalent or a fraction thereof |
| Commission | 1/8 of 1% of total amount or minimum of PHP100 |
Safety Deposit Boxes (SDB)
| PROCESS / TRANSACTION | FEES / CHARGES |
|---|---|
| Rental | |
| 3 x 5 x 24 | PHP800 |
| 4 x 5 x 24 | PHP900 |
| 5 x 5 x 24 | PHP1,000 |
| 3 x 10 x 24 | PHP1,200 |
| 4 x 10 x 24 | PHP1,400 |
| 5 x 10 x 24 | PHP1,700 |
| 10 x 10 x 24 | PHP2,700 |
| 15 x 10 x 24 | PHP2,900 |
| 16 x 16 1/2 x 19 1/2 | PHP3,200 |
| Other Fees and Charges | |
| Deposit for SDB keys | PHP2,000 |
| Replacement of Lost SDB keys | PHP2,000 |
| Payment for non-bank witnesses for forced opening | PHP2,000 |
Inward Remittances
| SOURCE OF REMITTANCE | DESCRIPTION OF CHARGES | RATES/FEES |
|---|---|---|
| 1. Foreign Telegraphic Transfer | ||
|
Credit to USD CASA |
Commission | USD5.50 |
|
Credit to Other FX Ccy (JPY, EUR, AUD, GBP, HKD, SGD, CAD) |
Commission | Equivalent of USD5.50 Computed as follows: e.g. Yen Credit USD5.50 X Selling Rate (SR) (Dollar to Peso) / Buying Rate (Yen to Peso) |
|
Credit to PHP CASA |
Commission | USD5.50@ Selling Rate |
| DST | PHP0.60 per PHP200 and a fraction thereof | |
|
Credit USD CASA with other local banks thru PDDTS (USD) |
Commission | USD5.50 |
|
Credit PHP CASA with other local banks thru EPCS (PHP) |
Commission | USD5.50 @ Selling Rate |
| DST | PHP0.60 per PHP200 and a fraction thereof | |
| 2. Local Telegraphic Transfer (PDDTS) | ||
|
Credit to USD CASA |
Commission | USD5.50 |
|
Credit to PHP CASA |
Commission | USD5.50@ Selling Rate |
| DST | PHP0.60 per PHP200 and a fraction thereof | |
|
Return to Sender USD |
Commission | USD7.50 |
| 3. Local Telegraphic Transfer (RTGS) | ||
|
Credit to PHP CASA |
Commission | PHP100 |
| RTGS Charges Computed as: Principal amount X .00001 | ||
| For Principal Amount of up to PHP10,000,500 | Minimum of PHP100 | |
| For Principal Amount above PHP10,000,500 | Principal Amount X .00001 rounded off to the nearest Peso | |
| For Principal Amount of PHP40MM and above | Maximum of PHP400 | |
| 4. Local Telegraphic Transfer (PesoNet) | ||
|
Credit to PHP CASA |
Service Charge | PHP0 |
Outward Remittances
| DESCRIPTION OF CHARGES | RATES/FEES |
|---|---|
| 1. Foreign Telegraphic Transfer | |
|
Commission |
1/8 of 1% of Principal Amount; minimum of PHP100 |
|
Cable Cost |
USD20 or its peso equivalent @ SR |
|
DST (if principal is funded in pesos) |
PHP0.60 per PHP200 and a fraction thereof |
|
If correspondent bank charges is “OUR”* |
|
|
a. For USD and other 3rd Ccy** |
USD15 or its peso equivalent @ SR |
|
b. For YEN Ccy** |
YEN5,000 or its USD/peso equivalent @ SR |
|
c. For EUR Ccy** |
EUR40 or its USD/peso equivalent @ SR |
|
d. For HKD Ccy** |
HKD300 or its USD/peso equivalent @ SR |
|
e. For AUD Ccy** |
AUD20 or its USD/peso equivalent @ SR |
|
f. For SGD Ccy** |
SGD20 or its USD/peso equivalent @ SR |
|
g. For NZD Ccy** |
NZD60 or its USD/peso equivalent @ SR |
|
h. For GBP Ccy** |
GBP20 or its USD/peso equivalent @ SR |
|
i. For CNY Ccy** |
USD15 or its peso equivalent @ SR |
| 2. Local Telegraphic Transfer (PDDTS) | |
|
Commission |
1/8 of 1% of Principal Amount; minimum of PHP100 |
|
Cable Cost |
USD20 or its peso equivalent @ SR |
| 3. Local Telegraphic Transfer (RTGS) | |
|
Commission |
PHP100 |
|
Cable Cost |
PHP300 |
|
RTGS Charges Computed as: Principal amount X .00001 |
|
|
|
|
|
|
If correspondent bank charges is “OUR”* |
To be collected upon receipt of billing from the beneficiary bank |
| 4. Local Telegraphic Transfer (PesoNet) | |
|
Service Charge (Over the Counter) |
PHP50 |
* SBC Client is the Remitter and all charges will be debited from his account.
** Subject to change, and billing received from the Beneficiary Bank.
Updated as of October 2017
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