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Abner maintains a savings account for P300T in BPI Ayala Branch and a joint savings account with Brando for P800T in BPI Family Bank Guadalupe

Abner maintains a savings account for P300T in BPI Ayala Branch and a joint savings account with Brando for P800T in BPI Family Bank Guadalupe Branch. If the bank closed down, how much is Abner entitled to as maximum insurance benefit under the PDIC Law?

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P550,000.00

P700,000.00

P300,000.00

P500,000.00

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