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Joint account ownership
Joint account is an account held jointly by two or more natural persons, or by two or more juridical persons or entities. Joint accounts shall be insured separately from any single or singly-owned deposit account.
The aggregate of the interests of each co-owner over several joint accounts, whether owned by the same or different combinations of individuals, juridical persons or entities, shall likewise be subject to the Maximum Deposit Insurance Coverage of Php1,000,000.
For more information, you may visit https://www.pdic.gov.ph/di_howtofileclaims_dot.
Corporate Accounts