Red Account
Other
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10 questions
[Deleted Account]
•over 6 years agoQuestion 1
Multiple Choice
2 points
Red Account is also known as?
A.Bayaning Bayanihan Account
B.Loan Related Account
C.Basic Deposit Account
Question 2
Multiple Choice
2 points
The Red Account is considered dormant if?
A.No client initiated transaction within 2 years
B.No client initiated transaction within 1 year
C.No dormancy
Question 3
True/False
2 points
Dormancy fee for this savings account is waived.
A.True
B.False
Question 4
Multiple Choice
2 points
The interest per annum is?
A..75%
B..50%
C..25%
Question 5
True/False
2 points
Basic Deposit Account has NO Maintaining Balance.
A.True
B.False
Question 6
True/False
2 points
Free passbook for initial release.
A.True
B.False
Question 7
Multiple Choice
2 points
The maximum withdrawal amount is?
A.Php 150,000.00
B.Php 100,000.00
C.Php 50,000.00
Question 8
True/False
2 points
The Maximum Account Balance is Php 50,000.00 and to be converted to be regular savings if exceed to Php 50,000.00 per BSP Cir.No.992.
A.True
B.False
Question 9
Multiple Choice
2 points
Inter-Branch Transactions fee is?
A.Free
B.Php 10.00
C.Php 20.00
Question 10
True/False
2 points
To apply for Red Account you must: 1.) Fill-out account opening forms 2.) Submit any one (1) valid ID and Initial Deposit of Php 50.00
A.True
B.False