UCPB Bank Account Interest Rates

United Coconut Planters Bank, more commonly known by its initials as UCPB is one of the biggest banks in the Philippines. It ranks within the top twenty banks in the country in terms of assets and has many branches all over the country.

The primary clients of UCPB are the coconut farmers in the Philippines who are engage in farming of coconuts and production of coconut-related by-products. The bank has various products and services that caters for its clients needs such as saving accounts, business loans, current account, housing loan, foreign exchange, bills payment, credit cards, telebanking, mobile banking, OFW remittances, UITF, Trust product and services and leasing.

UCPB Bank Account Interest Rates

It is very important to know the interest rates offer by banks before you open an account in them to give you an idea how much you can get from the interest. Most banks in the Philippines these days are just giving 0.25 to 0.50% interest rate for deposit accounts.

In the table below, you can see the interest rates for different types of UCPB account, the initial deposit and the minimum monthly balance to earn interest as of October 26, 2011. If in case you would like to know the latest update on their rates, you should visit their website at www.ucpb.com/UCPB_Rates.php.

 

Deposit Balances and Interest Rates

Personal Accounts

Type of Account

Initial Deposit

Minimum Monthly Balance to Earn Interest

Interest Rate

Multi-One

P20,000.00

P20,000.00

0.25%

Regular Saving Account (ATM)

P2,000.00

P10,000.00

0.25%

Regular Savings Account

P10,000.00

P10,000.00

0.25%

Regular Current Account

P5,000.00

0%

Automatic Transfer Arrangement (ATA)

P20,000.00 (Combined Balance)

Kiddie Max

P500.00

P10,000.00

0.25%

U-remit ATM Savings Account

None

P500.00

0.25%

U-remit Passbook Savings Account

P100.00

P500.00

0.25%

U-remit Peso Checking Account

P2,500.00

P5,000.00

0.25%

Foreign Currency Accounts

US Dollar

US$ 500.00

US$ 1,000.00

0.25%

Euro

500

500

0.25%

Great BritainPounds Sterling

£ 500.00

£ 500.00

0.25%

Japanese Yen

¥ 50,000.00

U-remitUSDollar Savings Account

US$ 100.00

US$ 500.00

0.25%

Deposit Balances and Interest Rates

Corporate Accounts

Type of Account

Initial Deposit

Minimum Monthly Balance to Earn Interest

Interest Rate

Multi-One

P40,000.00

P40,000.00

0.25%

Regular Saving Account (ATM)

P10,000.00

P10,000.00

0.25%

Regular Savings Account

P20,000.00

P20,000.00

0.25%

Regular Current Account

P20,000.00

0%

Automatic Transfer Arrangement (ATA)

P50,000.00 (Combined Balance)

Foreign Currency Accounts

US Dollar

US$ 500.00

US$ 1,000.00

0.25%

Euro

500

500

0.25%

Great BritainPounds Sterling

£ 500.00

£ 500.00

0.25%

Japanese Yen

¥ 50,000.00

 

As a bank customer, it is your right to know the interest rate for banking products like savings account or housing loans. It is your responsibility to choose which account would be beneficial for you in terms of the interest that you can receive.

 

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