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Non-Acceptance of Checks with Erasures, Alterations, or Deficiencies
Starting January 4, 2016. all clearing banks and institutions shall no longer accept checks with erasures, alterations, or deficiencies. whether or not these checks are countersigned by the authorized signatory/ies.
This is in compliance with the Clearing House Operating Memo (CHOM) No. 15-460 (as amended by 15-460A) of the Philippine Clearing House Corporation. PCHC issued this memorandum to all clearing banks and institutions in order to further improve security measures in the handling and clearing of checks.
BSP Demonetization Schedule of Old Banknotes
Please be advised that the old banknotes (New Design Series) may be used in paying and buying of goods and services and other transactions requiring the use of cash until December 31, 2015. Furthermore, the old banknotes may be exchanged until December 31, 2016 in any of PNB’s domestic branches, PNB Savings Bank’s branches, and BSP (Bangko Sentral ng Pilipinas) offices.
Effective January 1, 2017. the old banknotes that have not been exchanged shall no longer have any monetary value. For more information on the old banknotes, please click here .
Deposit Board Rates
Please be advised of the changes in deposit board rates of Dollar Time Deposit and Prime Savings account. The changes shall take effect on January 1, 2014.
Fees and Charges
Please be advised of changes in our fees/charges & maintaining balance requirements given the need to align the same following the merger of PNB and Allied Bank last February 2013. The changes as applicable shall take effect on January 1, 2014.
Effective May 8, 2014, we are implementing a new added security feature for your Funds Transfer transaction to a 3rd party account. A One-Time Password (OTP) which consists of 6 alpha numeric characters will be sent via SMS to your registered mobile number to complete your transaction. Kindly ensure that your mobile number is updated with us for you to be able to perform funds transfer transaction to a 3rd party account.
To update your mobile number:
- Clients based in the Philippines may download the maintenance form * and personally submit it to your branch of account together with one (1) valid ID.
- Overseas clients may download the maintenance form * and submit it together with a photocopy of any valid ID directly to your branch of account through regular mail.
Thank you for using PNB Internet Banking.
As PNB and Allied Bank continue to align their services. We are pleased to announce that PNB branches that display the interbranch transaction advisory are now capable of processing selected transactions for former Allied Bank clients. Please proceed directly to the special lanes designated for Allied Bank transactions.