RCBC Savings Bank

RCBC Savings Bank New Product

Checking and savings account depositors of RCBC Savings Bank (RSB) can now take advantage of a more thorough and efficient way to keep track of all their banking transactions.

An innovative new product dubbed as the e.Passbook Savings Account, promises to provide the simple recording or book keeping functions of the regular passbook while easily keeping track of expenses, bill payments, multiple account movements, and many other financial details.

This value-added product is ideal for business owners who usually do not have an accountant yet but need to monitor their cashflow; busy executives who need to keep track of several expenses and bill payments; and even homemakers who want detailed bookkeeping records of the family’s income flow.

Unlike a regular passbook, the RCBC Savings Bank e.Passbook has an expanded, more dynamic design to accommodate more transaction details, such as deposit/withdrawal details with account number, fund transfer and bills payment details, specific branch details, and other entries.

Donna Kristine Marcelo, Vice President for Marketing of RCBC Savings Bank says that the e.Passbook savings account was created to service the bookkeeping requirements of clients who have a greater volume of transaction than ordinary depositors.

ldquo;We have SME owners, for instance, who keep tabs of their cash flow, like disbursals to creditors and employees, and reconcile these with the entries in their ordinary passbook. Having the RSB e.Passbook eliminates this procedure as it gives the details that you need as soon as the transaction is made. It’s all recorded in one convenient form,” she said.

The RSB e.Passbook is available to savings account clients for an initial deposit and maintaining balance of P30,000. It also comes with an ATM card for Personal accounts and can be linked to a Checking Account to facilitate recording of more transactions.

To inquire about the new e.Passbook Savings Account, visit the nearest RCBC Savings bank.