BDO Savings Account 2018 Update: How to open savings account, ATM or Passbook? - PH Trending

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Tuesday, 9 January 2018

BDO Savings Account 2018 Update: How to open savings account, ATM or Passbook?

BDO we find ways.
Claim your BDO EMV  Debit Card - All BDO Debit Cards without EMV can no longer be used after January 31, 2018. Go to your branch of account now.

Steps to open a Personal Account:

  1. Visit BDO branch near you.
  2. Present the original copy of at-least two (2) valid ID's - Advise the officer in charge that you want to open a savings account. Fill out the application form. Make sure you double check all the information before you submit. You will also provide three (3) identical signature specimens.
  3. Prepare the minimum initial deposit. 
    1.  BDO ATM Savings account
      • Maintaining balance – Php2,000/month
      • Balance before earning interest – Php5,000
      • Interest rate per annum – 0.25%
      • Account closure within 30days – Php300
      • Below minimum balance – Php300
      • Withholding tax for interest earned – 20%
    2. BDO Passbook Savings account
      • Maintaining balance – Php10,000/month
      • Balance before earning interest – Php10,000
      • Interest rate per annum – 0.25%
      • Account closure within 30days – Php300
      • Below minimum balance – Php300
      • Withholding tax for interest earned – 20%
  4.  Wait at least a day or 2 to have your account activated. You may claim you ATM or Passbook kit after 5-7 banking days. You may also ask the teller.
  5. That’s it! You now have the information on how you can open your BDO savings account. Once you have it, you can enroll your account in BDO online banking

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