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