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Just like our peso savings account, you can open a dollar savings account with much ease. Here's the deal—we'll count your pennies, you'll count the blessings!

loan amount
Opening Balance Requirement

$100.00

minimum adb requirement
Minimum ADB Requirement

$200.00

interest earning balance
Interest Earning Balance

$500.00

interest crediting
Interest Crediting

Monthly

interest rate
Interest Rate

0.125% P.A.

account access
Account Access

Over-the-counter, BancNet Online, Sterling Bank Online

exchange risk free
Exchange Risk-Free
Save on FX conversion and avoid exchange risk for both inflows and outflows of USD.
Accessible
Your US dollar notes are immediately available upon request.
exchange risk free
Minimum Eligibility Registered Sole Proprietorship, Partnership, Corporations, Foreign Corporations

 

General Documentary Requirements*

For Domestic Entities:

1. One (1) valid photo-bearing government-issued identification card of the following:

  1. Authorized Signatories
  2. Ultimate Beneficial Owners (UBOs)
  3. Corporate Secretary
  4. Nominee and Alternate Nominee (for one person corporation)

2. Valid and latest Certificate of Registration issued by DTI, SEC, BSP, or Appropriate Government Agency, as applicable.

3. Articles of Incorporation/Partnership or Association and By-Laws.

4. Notarized Board or Partnership Resolution duly certified by the Corporate/Partner's Secretary authorizing to sign on behalf of the entity.

5. Latest General Information Sheet or Notarized Appointment of Officers (for one person corporation).

For Foreign Corporations:

Similar documents issued by a foreign country where the entity is registered and duly authenticated by the Philippine Consulate or Philippine Embassy where the entity is domiciled or bearing an apostille from a Competent Authority where the public documents were issued.

*Note: The Bank may require additional documents.

Deposit Rates Comparison

As of November 29, 2019
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Open a Solo Dollar Savings Account