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