RBSMI savings deposit account allows you to deposit money, keep it safe, and withdraw funds, all while earning interest.
FEATURES

• Initial deposit of not lower than five hundred pesos only (P500.00).
• Maintaining balance of one hundred pesos only (P100.00)
• Only 500.00 minimum balance and above will earn interest.
• Monthly posting of interest earned at rates prescribed by the bank.

REQUIREMENTS

• 1 valid identification document (ID) (original presented and photocopy)
• 2 1×1 or 2×2 ID photos
• Account Information Form
• Specimen signature
• Joint account agreement, if applicable.

Additional requirements

Single proprietor

• Certificate of Registration of business Name from DTI
• Special Power of Attorney if sole signatory is not the registered owner

Partnership

• Articles of Partnership, if applicable
• SEC Registration for partnership, if any

Corporate Account

• SEC Certificate of Registration
• Board Resolution or Secretary’s Certificate naming the bank as depository bank and designating the authorized signatories
• Latest Corporate GIS/List of Officers
• With License to do business in the Phils., if foreign corporation TIN obtained

Unincorporated Groups/ Associations/ Group Funds

• Signed copy of constitution & By-Laws, if applicable
• Group resolution/letter on account opening naming the bank as depository bank & designating the authorized signatories.
• Latest list of officers/members of the BOD or governing body and offices

Special Savings Deposit refers to deposits with specific terms and higher interest rates. These are evidenced by Special Savings Deposit Passbook. If withdrawn before maturity, however, no interest is earned and documentary stamps will be shouldered by the depositor.

FEATURES

• Minimum deposit of ten thousand pesos only (P10,000.00)
• Computation of Interest Rate is based on Terms and Amount. Interest Rates are prescribed by the bank.
• Minimum term is 30 days and maximum of 365 days.
• No interest will be earned for accounts with transaction before maturity date, unless transaction is made at least after half of its term, where interest rate on RSA will apply Interest on these accounts after maturity date, if not transacted, will shift to the regular savings interest rate.

REQUIREMENTS

• 1 valid identification document (ID) (original presented and photocopy)
• 2 1×1 or 2×2 ID photos
• Account Information Form
• Specimen signature
• Joint account agreement, if applicable.

Additional requirements

Single proprietor

• Certificate of Registration of business Name from DTI
• Special Power of Attorney if sole signatory is not the registered owner

Partnership

• Articles of Partnership, if applicable
• SEC Registration for partnership, if any

Corporate Account

• SEC Certificate of Registration
• Board Resolution or Secretary’s Certificate naming the bank as depository bank and designating the authorized signatories
• Latest Corporate GIS/List of Officers
• With License to do business in the Phils., if foreign corporation TIN obtained

Unincorporated Groups/ Associations/ Group Funds

• Signed copy of constitution & By-Laws, if applicable
• Group resolution/letter on account opening naming the bank as depository bank & designating the authorized signatories.
• Latest list of officers/members of the BOD or governing body and offices

RBSMI JR SAVERS CLUB is specially designed for children aged 5-16 years old to help them develop the habit of saving at an early age.
FEATURES

The Basic Account has the following features:

• Initial deposit and maintaining balance of P50.00.
• Only more than 500.00 minimum balance will earn interest.
• Monthly posting of interest earned at rates prescribed by the bank

REQUIREMENTS

• School I.D. (original presented and photocopy)
• In absence of School ID, a certificate signed by school principal indicating that the pupil/student is currently enrolled.
• Birth Certificate (Optional)
• Account Information Form (AIF)
• Specimen Signature Card

Checking account, also called demand deposit account, is a deposit account that allows deposits, and withdrawals through the issuance of checks.
FEATURES

• Initial deposit of not lower than five thousand pesos (P5,000.00)
• Maintaining balance of five thousand pesos only (P5,000.00)
• Service charge of 200.00 every end of the month impose if falls below maintaining balance.
• Only more than P500.00 minimum balance will earn interest.
• Monthly posting of interest earned at rates prescribed by the bank

REQUIREMENTS

• 1 valid identification document (ID) (original presented and photocopy)
• 2 1×1 or 2×2 ID photos
• Account Information Form
• Specimen signature
• Joint account agreement, if applicable.

Additional requirements

Single proprietor

• Certificate of Registration of business Name from DTI
• Special Power of Attorney if sole signatory is not the registered owner

Partnership

• Articles of Partnership, if applicable
• SEC Registration for partnership, if any

Corporate Account

• SEC Certificate of Registration
• Board Resolution or Secretary’s Certificate naming the bank as depository bank and designating the authorized signatories
• Latest Corporate GIS/List of Officers
• With License to do business in the Phils., if foreign corporation TIN obtained

Unincorporated Groups/ Associations/ Group Funds

• Signed copy of constitution & By-Laws, if applicable
• Group resolution/letter on account opening naming the bank as depository bank & designating the authorized signatories.
• Latest list of officers/members of the BOD or governing body and offices

ATM Account gives the convenience and simplicity you need every day, like withdrawals and bills payment via ATM, cashless shopping and dining, and fund transfers using RBSMI ATM Card.

FEATURES

• Initial deposit of P500.00 and maintaining balance of P100.00.
• Non-interest bearing.

REQUIREMENTS

Individual Accounts

• Valid identification document (ID) (original presented and photocopy)
• 1 valid identification document (ID) (original presented and photocopy)
• 2 1×1 or 2×2 ID photos
• Account Information Form (AIF)
• Specimen Signature Card

Student Accounts

• School I.D. (original presented and photocopy)
• In absence of School ID, a certificate signed by school principal indicating that the pupil/student is currently enrolled.
• Birth Certificate (Optional)
• Account Information Form (AIF)
• Specimen Signature Card