| Guide On Opening A Banco De Oro Bank Account |
| Articles - Savings |
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Banco de Oro (BDO) is a bank owned and managed by SM Group and listed in the top 10 companies in the Philippines for 2009.
Banco de Oro (BDO) is a bank owned and managed by SM Group and listed in the top 10 companies in the Philippines for 2009. Finance Asia named BDO as the best domestic bank in the Philippines for year 2009 when it conducted a survey from June 2009 to May 2010. Finance Asia is a popular business and finance publication in Asia and the Pacific. BDO became so popular across the Philippines you can see it in almost every town and SM malls. It caters to all people with services and products such as remittance services, loans, savings account, checking account, investment funds and a lot more. Sometimes it is hard to open a bank especially if you do not know what you will do. In opening a bank account, complete requirements is very important and just follow the tips outline below. 1. Decide and go to the branch of your choice. Choose a branch where it will be easy for you to open an account. 2. Ready and complete all requirements listed below. 2.1 Two recent IDs with your personal information and photo and two photocopies of it Most banks accept the following IDs: Driver License, SSS ID, OWWA ID, GSIS ID, Postal ID, PRC ID, Senior Citizen Card and other government ID. 2.2 Original and 2 photocopies of billing statement in order to verify your address which can be telephone bill, water or electricity bill, credit card bill etc. 2.3 Two (2) 1x1 ID picture 3. Talk to the bank employee that your opening a bank account. Application forms will be handled to you, and then complete all forms by filling it up. 4. Make sure you complete all application forms, then give it to the bank officer together with your money for the initial deposit of your account. You can deposit as little as P50 or as high as P100, 000 depending on the kind of your account. 5. Pick up your ATM card or passbook after 5 banking days had passed. Normally, the bank will be finished processing your account after 3-5 days. BDO is one of the best choices in selecting a bank in the Philippines. It is advisable to bring all requirements when applying a bank account at BDO for quick processing and approval of your account. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Learn more about Financial Management. Stop by Gil Tenorio's site where you can find out how to open a BDO bank account. |