Home » Articles » Banking

Dormant or Inactive Chinabank Foreign Currency Savings Account

Like any other banks in the Philippines, ChinaBank also considers foreign currency savings account dormant or inactive if it has no deposit or withdrawal within a certain period of time.
As stated on ChinaBank's Terms and Conditions on Deposit Products and Alternative Channels:

"A Foreign Currency Savings Account which remains inactive (no deposit or withdrawal) for a period of two (2) years will be considered dormant..."

ChinaBank will charge fees for dormant Foreign Currency Savings accounts. So to avoid dormancy fee, you should keep your account active by depositing or withdrawing money on it within a year.

Share This Post

If you like this article, we would really appreciate if you share this on Facebook, Twitter, or on any social media channels. Every share makes a huge difference and helps us write more articles like these. Thank You!

"Dormant or Inactive Chinabank Foreign Currency Savings Account" was written by under the Banking category. It has been read 1237 times and generated 0 comments. The article was created on and updated on 06 June 2013.
Warning! When posting comments, strictly observe correct spelling. Avoid incomplete words such as TY (as Thank You), Pls as Please, gud as good, dpt as dapat, etc. You can comment in English or Tagalog. If you will not follow this simple instruction, your comment(s) will not be accepted or published.
Enter captcha*:
Total comments : 0