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.
Requirements for opening a checking account in bdo.
According to bdo the following ids are considered valid and can be presented by applicants who are opening a new bdo savings account.
Open a savings account today.
Open a new checking account and have the bank automatically get the funds from the savings account.
Click here to know about terms and conditions governing deposit accounts.
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.
Our checking account gives you the convenience of disbursing funds through issuance of checks while easily monitoring your transactions through electronic statement of account esoa or a passbook.
A regular bdo savings account atm account has an initial deposit of 2 000.
3 falling below minimum balance fee will be collected if account falls below the required minimum madb for two consecutive months.
The steps and requirements below were based on our own experience when we open our own bdo savings account.
These are all the requirements.
Alright here are the things you need to know.
We offer accounts with or without an atm or passbook with features to suit varying needs.
2 pieces 1 x 1 picture or 2 x 2 picture colored.
Deposits are insured by pdic up to p500 000 per depositor.
Before going to the bdo branch make sure you already have all the following requirements.
Settling your financial obligations can be simple and effortless with bdo.
This has a higher maintaining balance of p25 000 but you won t have to do it yourself manually.
4 account dormancy fee will be collected if account is dormant and falls below the minimum madb.
Bdo peso savings accounts helps you prepare for life s ups and downs.
Bdo has a range of peso checking accounts to suit your needs.
Bdo basic checking account minimum required balances and fees as of march 6 2020.
Complete the bdo savings account requirements.
With this account you can manage your money and achieve.
Based on experience you cannot open a checking account by referring to bdo s personal banking page alone.
A checking account is dormant if it has no client initiated.
If you are an existing depositor at bdo you should have no problems at all.
The initial deposit will depend on the type of savings account you want to open.
At least 2 valid ids original and photocopy.
In essence it s like having a checking and savings account in one.
In every street and of course every sm malls you can easily find bdo atm machines.
You can now go to a bdo branch and open a savings account.
If you re planning to open a savings account in bdo an atm or probably a passbook account we re.
2 account closure fee will be collected if account is closed within 30 days from account opening.
