Tonik Bank is Southeast Asia’s first digital-only bank headquartered in Singapore, with a mission to revolutionize the way money works in Southeast Asia. About Tonik Bank Founded in 2018, Tonik Bank is a subsidiary of Tonik Financial Pte Ltd, a Singapore-based entity in the Philippines. It offers retail financial products including deposits, loans, current accounts, payments and cards on what the company considers to be a highly secure digital banking platform. Tonik is the first neobank in the Philippines to receive a digital banking license from the Bangko Sentral ng Pilipinas (BSP). Deposits are insured by the Philippine Deposit Insurance Corporation (PDIC). The bank is a subsidiary of Tonik Financial Pte Ltd, a Singapore-based entity that manages its product development and technology integration. Tonik Bank's functional services 1. Tonik Account Your Tonik account is your primary account. It will give you the satisfaction of having 5 stashes and 5 term deposit accounts in the Tonik app. You'll love how you can move, organize and personalize your cash. 2. Hiding Place Think of your stash as separate savings pockets for different things. You might set aside one amount for a dinner date. Another might be for a gift. One might be for a romantic weekend getaway. 3. Group hideouts Open a group stash with your friends, reach your financial goals, and earn 4.5% interest per year. 4. Fixed deposit Enjoy interest rates up to 6% per annum on fixed deposit accounts. 5. Debit Card Use your Tonik physical debit card to access your funds at thousands of ATMs nationwide.
|
<<: What is Agi? Agi Review, Features
>>: What is Forward Bank? Forward Bank Review, Features
There have been many major events in the cross-bo...
With its popularity overseas, a large number of e...
Founded by Kevin Chiu in 2012, Orolay is a brand t...
Connecting to over 150 SaaS products used by SMEs ...
On March 12, eBay China’s official website issued...
OMS Pavo provides Amazon sellers with a wholesale ...
Capedun Supply Chain is a company focusing on glob...
fineway-bag is a professional manufacturer of all ...
According to Indian media YourStory, Glance, the ...
On March 25, Shopee issued an announcement that s...
Onedrop provides customers with a holistic soluti...
Amazon plans to expand its operations in the Neth...
In addition to traditional small and light items,...
AS3AP is a self-service data analysis platform. AS...