Philippine National Bank Account Types

Philippine National Bank (PNB) offers various brokerage account types tailored to meet the diverse needs of investors. These accounts include:

• Full-Service Brokerage Account:
• Provides dedicated relationship managers.
• Offers personalized services and educational webinars.
• Charges brokerage fees ranging from 0.015% to 0.04% for intraday trades and 0.15% to 0.40% for delivery trades.
• Discount Brokerage Account:
• Focuses on lower costs with no dedicated relationship managers.
• Charges flat fees of ₹15 per order for call and trade services.
• No annual maintenance charge (AMC) for the first year, with subsequent charges of ₹199 + GST.
• 3-in-1 Account:
• Combines a PNB savings account, demat account, and trading account with selected brokers for seamless trading.
• Allows real-time online funds and demat allocation without extra blockage of funds during trades.

Philippine National Bank Broker Account Opening Process

To open a brokerage account with Philippine National Bank, follow these steps:

• Eligibility Requirements:
• Must be a resident of the Philippines.
• Must have a valid identification and proof of address.
• Must be at least 18 years old (or have a guardian if a minor).
• Documents Required:
• A valid ID (e.g., Passport, Driver's License, Voter ID).
• Proof of address (e.g., Utility Bills, Bank Statements).
• PAN Card (if applicable).
• Recent passport-sized photographs.
• Account Opening Steps:
• Online Method:
• Visit the PNB online portal or the PNB One app.
• Select the option to open a new brokerage account.
• Fill in the required details and upload the necessary documents.
• Submit the application and wait for verification.
• Upon approval, your account will be activated, allowing you to start trading.
• Offline Method:
• Visit the nearest PNB branch with the required documents.
• Fill out the account opening form.
• Submit the form along with the documents to the bank executive.
• After verification, your account will be opened within 3-5 working days.

For further information and assistance, you can contact PNB customer service or visit their official website.