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Banking Safe Deposit Clerk salary in Philippines

Average Yearly Salary of Banking Safe Deposit Clerk in Philippines is approximately 107,272 PHP (1,779 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Banking Safe Deposit Clerk do?

occupation personasA banking safe deposit clerk is responsible for assisting customers in accessing and managing their safe deposit boxes. They ensure the security and confidentiality of the boxes, maintain accurate records, and handle customer inquiries and transactions. These clerks provide guidance to customers on the proper use of the safe deposit boxes and ensure compliance with bank policies and procedures. They may also assist with opening and closing accounts, accepting deposits, and processing other banking transactions. Excellent organizational skills, attention to detail, and strong customer service abilities are crucial for this role. Banking safe deposit clerks work in a fast-paced environment, often requiring multitasking and the ability to handle sensitive information with discretion.

Skills: Banking, Safe Deposit, Customer Service, Security, Record Keeping, Financial Transactions
Job industry: Banking


How much does Banking Safe Deposit Clerk make?

Salary details
How much does Banking Safe Deposit Clerk make?
Estimated Yearly Salary: 107,272 PHP
Estimated Monthly Salary: 8,939 PHP
Estimated Weekly Salary: 2,063 PHP per week
Estimated Hourly Salary: 52 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 103,320 PHP
Estimated Monthly Salary: 8,610 PHP
Estimated Weekly Salary: 1,987 PHP per week
Estimated Hourly Salary: 50 PHP per hour
Last revision of data: 2024-01-02



Banking Safe Deposit Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,779 USD
Estimated Monthly Salary: 148 USD
Estimated Weekly Salary: 34 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.

Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Banking Safe Deposit Clerk job salary compared to average salary in Philippines.
Comparison shows that a person working as Banking Safe Deposit Clerk in Philippines earns on average:
0.49 times the average salary (or 49% of average salary).

Is Banking Safe Deposit Clerk a well paid job?

No, our data shows that Banking Safe Deposit Clerk is quite an underpaid paid job. The salary varies based on experience. Meaning that even though Banking Safe Deposit Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Banking Safe Deposit Clerk?

High salary for Banking Safe Deposit Clerk would be somewhere between 117,999 PHP and 155,544 PHP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Safe Deposit Clerk in Philippines?

Living in Philippines the approximate monthly expenses are: 158 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 107,272 PHP
Estimated Monthly Salary: 8,939 PHP
Estimated Weekly Salary: 2,063 PHP per week
Estimated Hourly Salary: 52 PHP per hour
Our data indicates that by working as Banking Safe Deposit Clerk you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Philippines, see costs of living in Philippines.

Salary comparison to region and neighbouring coutries

Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Safe Deposit Clerk

China is 5,783 USDup arrow 225%
Details on Banking Safe Deposit Clerk salary in China
Vietnam is 1,811 USDup arrow 2%
Details on Banking Safe Deposit Clerk salary in Vietnam
Malaysia is 8,015 USDup arrow 351%
Details on Banking Safe Deposit Clerk salary in Malaysia
Indonesia is 4,760 USDup arrow 168%
Details on Banking Safe Deposit Clerk salary in Indonesia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Philippines

(2,481,728 PHP per year, pre-tax.)
(2,051,118 PHP per year, pre-tax.)
(1,992,718 PHP per year, pre-tax.)
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)

Data as of 2025

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