The Average Daily Maintaining Balance

There is NO required average daily maintaining balance; however, you are encouraged to have certain amount left in your account, even below one hundred pesos to keep it an active account.

If your account has zero balance for more than 90 days or 3 months, the system will automatically close your account.

If you renew a closed account, you shall pay the fee to be charged based on the prevailing price at the time of your request.

REMEMBER

• Your e-card is a "SAVINGS ACCOUNT" type.
• When withdrawing, get your money within 5 seconds because the machine will get back the dispensed money.
• Your card has no expiration date, however, DOST-SEI will close your account once your scholarship is terminated.
• Promptly inform DOST-SEI in writing on any change/s relating to your personal information that will affect the data indicated in the enrollment form submitted to LBP through DOST-SEI.
• After graduation, you may continue to maintain your e-card account with LBP provided the required ATM balances are still maintained and subject to the existing terms and conditions of the regular LBP ATM account.
• You are charged a transaction fee (prevailing rate) for every transaction you make with other bank's ATMs. There is NO transaction fee with LBP branches ATMs.
• Over the counter withdrawal is allowed provided you present a valid ID.
• All LBP existing rules and regulations, banking policies, and circulars not indicated in this Handbook shall apply.