subject: Guide On Applying A Bank Account At BPI Philippines [print this page] Guide On Applying A Bank Account At BPI Philippines
On June 2010, Bank of the Philippine Islands (BPI) was cited as the best cash management and trade finance bank by Finance Asia, a famous finance publication and magazine in Asia and the Pacific. BPI is an old and stable bank in the Philippines.
BPI has two subsidiary banks, BPI Family Savings Bank and BPI Direct Bank. BPI Family Savings Bank caters on individual persons, BPI Direct Bank focuses on mobile an online banking, and BPI caters on employee and corporate accounts.
In opening a BPI bank account, you can stick to procedures given below and prepare all requirements before visiting to the bank. It will be fast and easy to open a new savings account when you bring all the needed requirements so remember to bring it all.
1. Ready all the requirements like ID, two 1x1 photo ID, billing statement and money for first deposit. Remember to bring it when you decided to visit to the bank. It will be very necessary.
2. Select the BPI branch of your option. It is nice to choose a branch near your area so that if time come when there is a problem with your account, you can easily visit your bank.
3. When you arrived at the bank, proceed immediately to new account desk. Inform the bank employee you want to open a new bank account and complete all application forms you will receive.
4. Handle the initial deposit for your savings account together with the necessary requirements and application forms. For BPI ATM savings account the first deposit is P3,000 and BPI ATM Family savings account, P1,000. For BPI savings account with passbook, P10,000 is minimum initial deposit.
5. Obtain your ATM card or passbook in the branch where you open an account which is normally available after 5 days. Before you can use your ATM, you should activate it first at ATM.
When applying a new bank account, prepare first all requirements and ready the money for first deposit for your new bank account. BPI is one of the best choice in opening for a new savings account. It has numerous branches across the country so it will not be a problem which branch to select.
