Chinese Yuan Savings Account

Get the most out of your yuan with our interest-bearing CNY Savings Account! Available in select branches only.

What is Chinese Yuan Savings Account?

A Chinese Yuan Savings Account is Security Bank’s account designed for those who want to maximize their earning potential using CNY.

At a Glance

Looking for a convenient yuan savings account? This is for you.

Opening Balance CNY 3,500
Maintaining Balance CNY 3,500
Balance to Earn Interest CNY 3,500
Interest Rate (p.a.) 0.10% per annum

*Available in select branches only.

Requirements

 

ID/Documentary Requirements

For Resident Citizen, Non-resident Citizen and Resident Alien 1 primary valid ID or 2 secondary valid IDs
Click here for the list of valid IDs
For Non-resident Alien Passport or Alien Certification of Registration (ACR) I – Card

How to open an Account

easy savings account online account opening apply now philippines
  1. Go to the Account Opening Online or Human Switch Kit.
  2. Accomplish the form by filling out all the required fields.
  3. Wait for confirmation text message.
  4. Go to the indicated branch and submit the required item.

Make CNY work for you

Withdraw PHP/CNY

Get to choose how you’re going withdraw—either in PHP/CNY.

Comes with passbook

Keep track of your yuan transactions using your Security Bank passbook.

Fixed Interest

Start earning 0.10 % interest the moment you open it.

Easy account opening

Open a CNY savings account in any of our Metro Manila branches!

Apply for an account today! Choose how you want to apply:

Make banking transactions more convenient with Online Banking

Easy-to-use and seamless, our online banking facilities are designed to provide the best possible online banking experience.

Frequently Asked Questions

Who can open a Chinese Yuan savings account?

Anyone can open a CNY savings account! Do take note though of the required starting and maintaining balance to avoid extra charges.

What happens if I lose my passbook?

You will have to present a notarized affidavit of loss to your branch to get your lost passbook replaced. A passbook replacement fee of P200 will be charged.

Would I be able to withdraw my yuan anytime?

It would depend on the availability of CNY in your branch. Inform the branch at least one week before your withdrawal, and they will coordinate with you.

Fees and Charges

Dormancy (starts on the 61st month) – per month PHP 30 based on prevailing exchange rate
Minimum balance charge CNY 35
Lost Passbook Fee PHP 200
Early Closure Fee (within 90 days) CNY 15
List of Valid IDs
PRIMARY ID
Passport
Driver's License
PRC ID
Digitized Voter's ID
GSIS e-Card
SSS Card
Senior Citizen Card
Unified Multi-purpose ID
ACR / ICR
Integrated Bar of the Philippines
School ID
NCDA ID
Postal ID (PVC Plastic Card)

Deposits are insured by PDIC up to P500,000 per depositor

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