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!
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.
- European Dollar (EUR)
- Hong Kong Dollar (HKD)
- Singapore Dollar (SGD)
- Australian Dollar (AUD)
- Canadian Dollar (CAD)
- Chinese Yuan (CNY/RMB)
- Japanese Yen (JPY)
- British Pound (GBP)
At a glance
| Opening Balance | CNY3,500 |
| Maintaining Balance | CNY3,500 |
| Balance to Earn Interest | CNY3,500 |
| Interest Rate (p.a.)** | 0,00% |
*Available in select branches only.
** Effective February 1, 2021
Requirements for Opening a Bank Account
- 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
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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.
We've made it easier for you to open an account. Only 1 primary ID needed.
Apply online now3 Steps to Open an Online Bank AccountÂ
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.
Fine print
Fees and Charges
| Dormancy (starts on the 61st month) – per month | PHP30 based on the prevailing exchange rate |
| Minimum balance charge | CNY35 |
| Lost Passbook Fee | PHP200 |
| Early Closure Fee (within 30 days) | CNY15 |
List of Valid IDs
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