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RA 6426 Section 5

RA 6426 Section 5

Withdrawability ability and transfer ability of deposits.

Section 5

SEC. 5. Withdrawability ability and transfer ability of deposits. —There shall be no restriction on the withdrawal by the depositor of his deposit or on the transferability of the same abroad except those arising from the contract between the depositor and the bank.

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Other provisions in RA 6426

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 6426 Section 5 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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