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.) 0.00% p.a. (effective February 1, 2021)

*Available in select branches only.

Requirements for Opening a Bank Account

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

3 Steps to Open an Online Bank Account

  1. Complete the online account opening form.
  2. Wait for the confirmation for an online video call appointment.
  3. Accomplish online video call to finalize the application.

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.

Easy account opening

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

We've made it easier for you to open an account. Only 1 primary ID needed.

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 30 days) CNY 15
List of Valid IDs
PRIMARY ID SECONDARY ID
ACR / ICR Barangay Certification
Digitized Persons with Disabilities (PWD) ID City Health Card / Health Certificate Card
Driver's License Company ID - Shall be classified as Primary ID for Security Bank employees and subsidiaries
GSIS e-Card DSWD Certification
Integrated Bar of the Philippines GOCC ID [e.g. Armed Forces of the Philippines (AFP ID), Home Development Mutual Fund (HDMF ID)]
Maritime Industry Authority (MARINA) ID NBI Clearance
NCDA ID OFW ID
Passport OWWA ID
Philippine Identification (PhilID) Card Pag-IBIG Loyalty Card
Postal ID (PVC Plastic Card) Digitized/PVC PhilHealth Insurance Card ng Bayan (PHICB)
PRC ID Police Clearance
School ID Postal ID (Paper-based card)
Senior Citizen Card Seaman's Book
Special Resident Retiree's Visa (SRRV) ID  Solo Parent ID
SSS Card Tax Identification Number (TIN)
Unified Multi-Purpose ID  
Voter's ID  

Additional identifications (IDs) or documents may be required by our branch based on the interview and the type of account to be opened. The Bank reserves the right to decline account opening request based on its evaluations.

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

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