Requirements For Opening A Checking Account In Bdo

If you re planning to open a savings account in bdo an atm or probably a passbook account we re.

Requirements for opening a checking account in bdo.

4 account dormancy fee will be collected if account is dormant and falls below the minimum madb. Settling your financial obligations can be simple and effortless with bdo. Complete the bdo savings account requirements. 1 an existing bdo savings account.

Bdo has a range of peso checking accounts to suit your needs. Bdo peso savings accounts helps you prepare for life s ups and downs. 2 account closure fee will be collected if account is closed within 30 days from account opening. The initial deposit will depend on the type of savings account you want to open.

Here are the requirements. If you are just opening a checking account note that you will need to have an existing savings account for at least 6 months before you can apply for any type of checking account. Alright here are the things you need to know. Based on experience you cannot open a checking account by referring to bdo s personal banking page alone.

Open a savings account today. The steps and requirements below were based on our own experience when we open our own bdo savings account. Before going to the bdo branch make sure you already have all the following requirements. According to bdo the following ids are considered valid and can be presented by applicants who are opening a new bdo savings account.

In adherence to the requirements of the anti money laundering council bdo reserves the right to require the submission of additional document s it may deem necessary. Open a new checking account and have the bank automatically get the funds from the savings account. At least 2 valid ids original and photocopy. We offer accounts with or without an atm or passbook with features to suit varying needs.

Checking accounts are supposed to be used for daily transactions not for savings opening a basic checking account will not cost you php 5 000. In every street and of course every sm malls you can easily find bdo atm machines. A checking account is dormant if it has no client initiated. A regular bdo savings account atm account has an initial deposit of 2 000.

If you are an existing depositor at bdo you should have no problems at all. In essence it s like having a checking and savings account in one. Deposits are insured by pdic up to p500 000 per depositor. With this account you can manage your money and achieve.

2 pieces 1 x 1 picture or 2 x 2 picture colored. Click here to know about terms and conditions governing deposit accounts. You can now go to a bdo branch and open a savings account. These are all the requirements.

This has a higher maintaining balance of p25 000 but you won t have to do it yourself manually.