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PNB Superteller ATM

The PNB SUPERTELLER ATM is a Savings Account which has a PIN-based ATM Card. The card can be used for various transactions within the Philippines.

Product Features:

Interest-earning account* Can be used to :

o Check your balanceo Withdraw cash at ATMso Make cash deposits (at selected PNB ATMs)o Transfer fundso Pay bills onlineo Pay bills thru local ATM networkso Purchase goods and services thru BancNet accredited merchants nationwide

*ADB must be Php 10,000.00 to earn interest

The PNB SUPERTELLER ATM could be used at:

Local ATMs (BancNet, MegaLink, and ExpessNet) BancNet merchants nationwide BancNet online transactions PNB’s Internet, Phone and Mobile Banking

Transaction Limits:

Php 10,000.00 maximum withdrawal limit per transaction Php 50,000.00 maximum withdrawal limit per day Php 50,000.00 maximum POS usage per day**

**Limits are shared between ATM Withdrawal and POS

Requirements for Account Opening:

2 photo-bearing government issued IDs (e.g., driver’s license, SSS/ GSIS ID, voter’s ID, PRC license, passport)

2 ID pictures (1x1 or 2x2) Accomplished Client Information Form, Account Information Form, Signature Card and

Conditions Form

PNB SUPERTELLER ATM is available at all PNB branches nationwide.

Superteller Fees and Charges

Balance RequirementInitial Deposit Php 5,000.00Minimum Maintaining Balance Php 5,000.00Minimum ADB to Earn Interest Php 10,000.00Interest Rate 0.125% p.aDormancy 2 yearsDormancy Fee Php 250.00Non-usage Charge n.a.Record of Transactions Upon request

Local Transaction ChargesWithdrawal on PNB Machine NoneInquiry on PNB Machine NoneWithdrawal on Other Bank's Machine Php 11.00Inquiry on Other Bank's Machine Php 2.00BancNet POS NoneFund Transfer to Other Banks through BancNet (IBFT) Php 25.00

Other ChargesCard Replacement Php 100.00Closure within 30 days upon opening Php 500.00Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months.

Php 200.00

Requests for issuance of certification of deposit account balances. Php 100.00Interbranch/interoffice deposit/withdrawal transaction, except transactions made between and among --

Metro Manila Branches Non-Metro Manila branches or provincial branches located

within the same city, municipality or province.

Php 100.00/Php 200.00

Passbook Savings Account

A regular savings account evidenced by a Passbook. Transactions can be tracked by a Passbook.

How to open a passbook account?

Simply go to any PNB Branch and fill-up an application form to open an account. Please bring any two (2) valid identification documents.

SSS Pension Account

A regular savings account with zero maintaining balance and service charges for SSS pensioners

Prime Savings Account

Maximize your savings with a high interest-earning savings account. With two (2) withdrawals per month, you get to enjoy tiered interest rates without incurring service fees.

Checking Accounts

Enjoy maximum convenience and payment flexibility with any of our checking accounts.

PNBig Check

Prestige, earning power and checking-account convenience rolled into one!

PNBigCheck is an interest-bearing checking account. You need not maintain separate savings and checking accounts to manage efficiently your funds. A single PNBigCheck account gives you the benefits of both. Your deposit earns interest and allows you to issue checks at the same time.

And because it comes from one of the country’s biggest and most stable banks, you can command the respect of your business partners and peers just by using it.

The PNBigCheck requires an initial deposit of P20,000.

To open an account:

INDIVIDUAL: You must have existing savings account with average daily balance of P5,000 for six months and bring two valid IDs.

Initial Deposit: P20,000 Minimum Maintaining Balance (MMB): P20,000 Balance to earn interest: P25,000 Interest Rate: 1.00% Penalty for falling below MMB: P220/month Dormancy Period: 1year Dormancy Fee: P250/month

CORPORATE: SEC registration, Articles of Incorporation, and other corporate documents.

Initial Deposit: P20,000 Minimum Maintaining Balance (MMB): P20,000 Balance to earn interest: P50,000

Interest Rate: 1.00% Penalty for falling below MMB: P330/month Dormancy Period: 1year Dormancy Fee: P250/month

Budget Checking Account

A Checking account that requires a low maintaining balance. Clients are allowed to negotiate 3 checks in a month free of charge. Non-interest bearing.

Use this checking account for limited check issuances to maximize your money’s potential. Take advantage of the low maintaining balance so you can free up your funds for other interest-earning or high yield investments.

PNB PRIORITY ONE CHECKING ACCOUNT

Experience a checking account that truly complements your career and lifestyle. Open a PNB PRIORITY ONE checking account.

Priority One checking account is designed to fit your specific financial needs. It is guaranteed to give the best value for your money. And it comes with power-packed convenience of Personalized Checkbook, ATM card and Phone Banking access.

More importantly, Priority One checking account is tailored to boost your professional prestige, and offers exciting value-added perks provided on the house.

See us at any of our banking centers and check which package of account privileges can make your life easier.

Basic Product Features Interest-bearing checking account with special privileges and perks:

P25,000.00 initial deposit/minimum balance P100,000.00 maximum daily withdrawal thru the ATM 1.25% interest rate per annum

Enjoy unlimited privileges!

Free domestic and overseas trips via PAL and Air Philippines. Dinner Gift Certificate at five-star hotels and restaurants. Personal Accident Insurance coverage renewable yearly.

Travel perks with PAL / Air PhilippinesFor every P1,000.00 year-to-date average daily balance, you earn accumulative point convertible to air miles. Your growing travel points will eventually entitle you to free one-way or round-trip tickets via PAL

or Air Philippines. You cannot convert your ticket to cash but you may transfer travel points to another person.

Sample travel points that a customer may earn based on your earn based on year-to-date / average daily balance (YTD/ADB) are as follows:

Qtr YTD Travel Points EarnedQtr ADB ADB Qtrly Total1 P 25,000 P 6,250 6 62 100,000 25,000 25 313 400,000 100,000 100 1314 500,000 125,000 125 256

Travel points earned will be reflected on the customer's Statement of Account every quarter.

Free Dinner CertificateOn top of the PAL/Air Philippines travel points, the depositor also earns dinner gift certificate, based on the ADB schedule, as follows:

YTD/ADB range Gift Certificate TravelP300T to P500T P 750.00 One-wayP500T & up P 1,500.00 Round-trip

Free Personal Accident InsuranceP50,000 personal accident insurance upon opening a Priority One Checking Account.

The insurance coverage will be adjusted corresponding to double the year-to-date ADB for the past six months.

The insurance coverage will be renewable yearly based on the year-to-date ADB for the last 12 months.

PNB Direct Deposit Program

Good news to all USVA/USSSA pensioners/beneficiaries!

The fastest link from the U.S. Treasury to you is now available through the PNB Direct Deposit account. Under the PNB Direct Deposit Program, pension payments of U.S. agencies to pensioners/beneficiaries based in the Philippines will be credited directly to their accounts with PNB.

Now, you don’t have to go through a tiresome and complicated process of claiming your monthly checks at the post office and bringing it to a bank for verification and approval. All you need is a PNB Direct Deposit account to enjoy safe, reliable, convenient and economical way of receiving your monthly benefits.

Open an account now! For particulars, get in touch with any of our branches near you.

Initial Deposit: US$200 Minimum Maintaining Balance (MMB): US$200 Balance to earn interest: US$1,000 Interest Rate: 0.75% Penalty for falling below MMB: US$10/month Dormancy Period: 2 years Dormancy Fee: US$10/month Available at all PNB domestic branches.

To open an account:

You must be a US pensioner and receiving a pension/benefit on a monthly basis and bring your latest USTW check or any letter from your agency and two valid IDs.

PNB Debit MasterCard

PNB Debit MasterCard is a PIN-based ATM Card which provides 24/7 banking convenience using various channels. The card can be used across the globe wherever Mastercard and Maestro is accepted. It can be used for cashless purchases at over 32 million shops worldwide. It can also be used at over 2 million ATMs across the globe.

The PNB Debit MasterCard is available at all PNB branches nationwide.

Product Features:

Interest-earning account* International ATM Card Online copy of statement Accepted at any Bancnet, Megalink, or Expressnet ATM in the Philippines Accepted internationally at Mastercard and Maestro affiliated shops and ATMs Can be used to :

o Check your balanceo Withdraw cash at ATMso Make cash deposits (at selected PNB ATMs)o Transfer fundso Pay bills onlineo Pay bills thru local ATM networkso Purchase goods and services thru BancNet accredited merchants nationwide


PNB Debit MasterCard could be used at:

1. Local Transactions: o Local ATMs (BancNet, MegaLink, and ExpessNet)o BancNet merchants nationwideo BancNet online transactions

o PNB’s Internet, Phone and Mobile Bankingo Local MasterCard and Maestro Merchants

2. International transactions: o International ATM Networks ( MasterCard and Maestro )o International MasterCard and Maestro Merchants

Transaction Limits:

Php 10,000.00 maximum withdrawal limit per transaction Php 50,000.00 maximum withdrawal limit per day Php 50,000.00 maximum POS usage per day**

**Limits are shared between ATM Withdrawal and POS




Conditions Form

The PNB Debit MasterCard is available at all PNB branches nationwide.

Debit MasterCard Fees and Charges

Balance RequirementInitial Deposit Php 5,000.00Minimum Maintaining Balance Php 5,000.00Minimum ADB to Earn Interest Php 10,000.00Interest Rate 0.125% p.a.Dormancy Fee Php 250.00 Non-usage Charge n.a.Debit MasterCard Expiry Date 5 yearsRecord of Transactions Electronic SOA

Local Transaction ChargesWithdrawal on PNB Machine NoneInquiry on PNB Machine NoneWithdrawal on Other Bank’s Machine Php 11.00Inquiry on Other Bank’s Machine Php 2.00BancNet POS NoneATM Fund Transfer to Other BancNet Member Banks Php 25.00

International Transaction Charges Withdrawal Php 150.00Inquiry Php 75.00

MasterCard POS NoneOther Charges

Card Replacement Php 100.00Closure within 30 days upon opening Php 500.00Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months.

Php 200.00

Requests for issuance of certification of deposit account balances. P100.00Interbranch/interoffice deposit/withdrawal transaction, except transactions made between and among –

Metro Manila branches; Non-Metro Manila branches or provincial branches located within the same

city, municipality or province.

P100.00/P200.00

PNB Tap MasterCard

PNB TAP MasterCard is an innovative, secure and convenient method of purchasing items by simply tapping the ATM card at any PayPass enabled machine. Now, you can speed past cashier lines without the hassle of counting coins and bills, entering PINs or signing sales slips.

You can still use your card to withdraw cash, check your balance and purchase goods and services wherever Mastercard and Maestro are accepted all over the globe, or with all your local transactions nationwide, 24/7.

The PNB TAP MasterCard is available at all PNB branches nationwide.

Product Features:

Interest-earning account* PIN-based ATM Card Online copy of Statement International ATM Card No initial deposit No maintaining balance Can be used to :

o Purchase goods and services by tapping or swiping your card**o (Even if tapped more than once, client will only get billed once for the purchase)o Check your balanceo Withdraw cash at ATMso Make cash deposits (at selected PNB ATMs)o Transfer fundso Pay bills onlineo Pay bills thru local ATM networks

o Purchase goods and services thru BancNet accredited merchants nationwide


** TAP-only feature applicable only for transactions below Php500.00

PNB Tap MasterCard could be used at:

1. Local Transactions: o Local ATMs (BancNet, MegaLink, and ExpessNet)o BancNet merchants nationwideo BancNet online transactionso PNB’s Internet, Phone and Mobile Bankingo Local MasterCard and Maestro Merchantso Local PayPass Merchants

2. International transactions: o International ATM Networks ( MasterCard and Maestro )o International MasterCard and Maestro Merchantso International PayPass Merchants ( MasterCard )

3. Stores/Boutiques which have a PayPass (PNB Tap MasterCard) enabled machines*** o Starbuckso BO’s Coffeeo CAFÉ Franceo Café Ti Amoo Big Daddy’s Burgero Red Ribbono Goldilockso Greenwicho Tapa Kingo Fully Bookedo National Bookstoreo Caltexo Petrono Shello Robinson’s Movie Worldo Astropluso Odysseyo Nissan Car Lease

***Selected branches/outlets

Transaction Limits:

Php 10,000.00 maximum withdrawal limit per transaction Php 50,000.00 maximum withdrawal limit per day Php 50,000.00 maximum POS usage per day****

****Limits are shared between ATM Withdrawal and POS




Conditions Form

TAP MasterCard Fees and Charges

Balance RequirementInitial Deposit NoneMinimum Maintaining Balance NoneMinimum ADB to Earn Interest Php 10,000.00Interest Rate 0.125%

TAP Account Fee Php 180.00 per year or Php 15.00 per month

Non-usage Charge Php 250.00 per month on the end of the 24th month of inactivity

TAP MasterCard Expiry Date 5 yearsRecord of Transactions Electronic SOA

Local Transaction ChargesWithdrawal on PNB Machine NoneInquiry on PNB Machine NoneWithdrawal on Other Bank’s Machine Php 11.00Inquiry on Other Bank’s Machine Php 2.00

International Transaction Charges Withdrawal Php 150.00Inquiry Php 75.00

Other Charges OTC (over-the-counter) withdrawal Php 300.00Card Replacement Php 250.00Closure within 30 days upon opening Php 500.00Requests for issuance of certification of deposit account balances.

P100.00

Interbranch/interoffice deposit/withdrawal transaction, except transactions made between and among –

Metro Manila branches; Non-Metro Manila branches or provincial branches

located within the same city, municipality or province.

P100.00/P200.00

REGULAR CHECKING ACCOUNT

A non-earning demand deposit account

INDIVIDUAL

Initial Deposit: P10,000 Minimum Maintaining Balance (MMB): P10,000 Penalty for falling below MMB: P220/month Dormancy Period: 1year Dormancy Fee: P250/month

CORPORATE

Initial Deposit: P10,000 Minimum Maintaining Balance (MMB): P10,000 Penalty for falling below MMB: P330/month Dormancy Period: 1year Dormancy Fee: P220/month Monthly statement of account is given to clients

To open an account:Bring two valid IDs.

History

he Early Years

The Philippine National Bank was established as a government-owned banking institution on July 22, 1916 with headquarters in the old Masonic Temple along Escolta, Manila. Its primary mandate was to provide financial services to Philippine industry and agriculture and support the government's economic development effort. World War I, then raging in Europe, generated huge demand for the country's major exports namely: sugar, copra, coconut oil, Manila hemp and tobacco. However, not much was being done to develop the industries that produced these sought-after crops since access to credit facilities was limited then. To solve this problem, Henderson Martin, Vice

Governor of the Philippines, together with Mr. Miguel Cuaderno (who later became Central Bank governor) drafted the charter for a national bank.

In February 4, 1916, Public Act 2612 was passed by the Philippine legislature providing for the establishment of the PNB to replace the small P1 million government-owned Agricultural Bank. PNB's first head office was the Masonic Temple along Escolta, the then "Wall Street of the Philippines" in the bustling district of Sta. Cruz in Manila. An American, H. Parker Willis, was its first president.

"The First Universal Bank in the country"With PNB's establishment, Filipinos found a bank of their own. PNB was authorized to grant short and long-term loans to agriculture and industry. The Filipino farmers then could avail of loans with interest between 8% to 10% per annum. PNB was also authorized to receive deposits, open foreign credits and rediscount bills. It was also given the special power to issue circulating notes. As such, PNB functioned as the de facto Central Bank of the country until 1949.

On July 24, 1916, PNB established its first branch in Iloilo.

In 1917, PNB marked its entry in the field of international banking when it opened its New York Branch. The following year, it established five more domestic branches and another overseas branch in Shanghai, China.

PNB briefly ceased operations in January 1942 but reopened the next month under the supervision of Japanese authorities. After the Second World War, PNB reopened immediately and acquired the assets and assumed the liabilities of the banking division of the National Treasury.

With the establishment of the Central Bank in 1949, PNB's role as issuer of currency notes, custodianship of bank reserves, sole depository of government funds and clearing house of the banking system ceased."PNB launched the first on-line Electronic Data Processing System in the entire Far East"

In 1955, it was authorized to operate as an investment bank with powers to own shares and to issue debentures. In 1963, it established the National Investment and Development Corporation to engage primarily in long-term and equity financing of business ventures.

PNB transferred to its new Head Office along Escolta in 1966 and launched the first on-line Electronic Data Processing System in the entire Far East.

Between 1967 and 1979, PNB continued to expand its operations by opening offices in London, Singapore, Djakarta, Honolulu and Amsterdam. In the domestic field, it opened 14 provincial branches. It was also during this period that the Bank started the Dollar Remittance Program.

In 1980, PNB became the first universal bank in the country. However, it encountered operational difficulties in the mid-80s as a result of the economic downturn triggered by the assassination of Senator Benigno S. Aquino, Jr and had to be assisted by the government in 1986.

Privatization of PNB

The privatization of the Bank started when 30 per cent of its outstanding stocks was offered to the public and its stocks were listed in the stock exchange in 1989.

In 1992, PNB became the first Philippine bank to reach the P100 billion mark in assets.

Also in 1992, a second public offering of its shares was issued to continue its privatization.

In 1995, the Bank moved to its new headquarters at the PNB Financial Center in Roxas Boulevard, Pasay City.

In 1996, the Securities and Exchange Commission approved the Bank's new Articles of Incorporation and by-laws and the change in the status of PNB from a government-based to a private corporation with the control of the government reduced to 46 per cent. At the turnover rites on July 23, 1996, President Fidel V. Ramos declared:

PNB is the bank for the Filipino wherever he or she may be-- in the country's centers of commerce and industry, in the far reaches of the countryside, and even in many places across the globe."

A New Beginning

In 1999, a group of new private stockholders led by Dr. Lucio C. Tan acquired approximately 35% of the total outstanding capital stock of PNB. In early 2000, the group increased its share in the Bank to 69.32% and pumped in nearly P20 billion fresh capital in less than one year. This was done to emphasize the commitment of the new stockholders to the improvement of the Bank's financial condition, which had been incurring losses in operations due to poor asset quality.

In late 2000, the Bank suffered a liquidity crisis and the National Government stepped in to support the Bank by implementing a capital restructuring and injecting P25 billion in liquidity assistance.

In May 2002, the Government and the Lucio Tan Group, representing the group of private stockholders, sealed the Memorandum of Agreement (MOA) that embodied the provisions that would help turn the Bank around. It included, among others, the settlement of Government's liquidity assistance by way of increasing the Government's stake in the Bank from 16.58% to 44.98%, in effect reducing the group’s share from 68% to 44.98%. At the same time, the Bank started operating under a 5-year rehabilitation program.

In August 2005, the Government, as part of its privatization program, sold down its 32.45% stake in the Bank via an auction. The private stockholders represented by the Lucio Tan Group exercised their right of first refusal, reducing the Government’s share to 12.5% and raising the group’s to a total of 77.43%.

In June 2007, PNB settled its P6.1 billion loan to Philippine Deposit Insurance Corporation (PDIC), more than four years ahead of the loan’s due date. The loan repayment was a clear indication of the Bank’s renewed financial health.

In August 2007, the Bank completed its Tier 1 follow-on equity offering where it raised about P5.0 billion in Tier 1 capital. Together with the sale of 89 million primary shares, 71.8 million secondary shares owned by the National Government through PDIC and DOF were sold to the public, thus bringing about a complete exit of the Government from PNB.

Since the inception of the rehabilitation program, PNB exceeded the targets of the program. While the program called for profits starting 2005, the Bank became profitable as early as 2003. Within four years, PNB increased its net income sixteen times from P52 million in 2003 to P820 million in 2006.

With its successful exit from the Government’s Rehab program and the strong income performance, PNB has demonstrated its ability to sustain its heightened competitiveness based on the three tenets of reducing non-performing assets, strengthening core businesses and increasing profitability.

The Bank remains as one of the largest banks in the country with a wide array of competitive banking products to answer for the diverse needs of its huge clientele including more than 2 million depositors.

PNB maintains its leadership in the overseas remittance business with remittance centers in the United States, Canada, London, France, Italy, Hong Kong, Japan, Singapore and the Middle East countries.

Through its subsidiaries, the Bank also engages in a number of diversified financial and related businesses such as remittance servicing, investment banking, non-life insurance, stock brokerage, leasing and financing and foreign exchange trading. The Bank, through its affiliate, is also engaged in other services such as life insurance.

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