USD Savings Account

Maximize your dollar’s earning potential with our interest-bearing USD Savings Account.

USD to PHP Forex

Buying

PHP 52.00

Selling

PHP 52.40

As of February 21, 2018

What is USD Savings?

Our US Dollar Savings Account keeps your USD safe and protected while offering you one of the highest interest rates in the industry. This account is for those who:

  • Travel frequently,
  • Make or receive dollar payments,
  • Transact internationally for business or leisure, or
  • Want to maximize the strength of the dollar exchange rate.

Whatever it may be, take advantage of Security Bank’s USD account today.

At a Glance

Make dollars work for you with a low opening and maintaining balance:

Opening Balance USD 500
Maintaining Balance USD 500
Interest Rate 0.25%

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 and Alien Certification of Registration (ACR) I – Card or Alien Employment Permit (AEP)

How to open an Account

online account opening US dollar account apply now philippines
  1. Go to 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 items.

Get the most out of your USD

Withdraw PHP/USD

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

Comes with passbook

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

Fixed Interest

Start earning interest (0.25% per annum) the moment you open it.

Easy account opening

Open a USD savings account in any of our 200+ branches!

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

Experience BetterBanking on the Go

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

Hear from our clients

“Security Bank’s USD account comes in handy every time I go back to the Philippines. Plus I can even get some interest earnings!”

Josephine C.

OFW, Bulacan

“Opening an account with SB is fast and easy. No need to fill up forms when you go the branch and it takes only 15 minutes.”

Pia B.

Sales agent, QC.

Frequently Asked Questions

Who can open a US Dollar savings account?

Anyone individual can open a USD 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 dollars anytime?

It would depend on the availability of USDs 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
Charge for Fall Below Min. Bal – per month after 2 consecutive months USD 10
Lost Passbook Fee PHP 200
Early Closure Fee (within 90 days) USD 5
List of Valid IDs
PRIMARY ID SECONDARY ID
Passport Company ID
Driver's License NBI Clearance
PRC ID Police Clearance
Digitized Voter's ID Postal ID (Paper-based card)
GSIS e-Card Barangay Certification
SSS Card OWWA ID
Senior Citizen Card OFW ID
Unified Multi-purpose ID Seaman's Book
ACR / ICR GOCC ID [e.g. Armed Forces of the Philippines (AFP ID), Home Development Mutual Fund (HDMF ID)]
Integrated Bar of the Philippines DSWD Certification
School ID PhilHealth Insurance Card ng Bayan (PHICB)
NCDA ID City Health Card / Health Certificate Card
Postal ID (PVC Plastic Card) Tax Identification Number (TIN)

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