I am about to open a checking account in Banco de Oro this week and had a hard time looking for the requirements in their site. Good thing that as a search marketing person, I know well how to look for it in search engines such as Google.
After several queries, I came up with a lot of details that relates to opening an account in BDO so I thought of posting them here as reference to other people planning to open an account with them.
BDO Deposit Account Requirements:
- Two (2) valid ID’s with your name, picture and signature.
- Valid IDs: Passport, Driver’s license, PRC ID, NBI clearance, Police clearance, Postal ID, Voter’s ID, Barangay certification, GSIS e-Card, SSS ID, Philhealth card, Senior Citizen Card, OWWA ID, OFW ID, Seaman’s Book, Alien Certification of Registration/Immigrant Certificate of Registration, and other Government office IDs
- Two (2) photocopies of your valid IDs
- One (1) ID picture with a size of 1×1
- Billing statement for address verification
Steps in Opening a BDO Deposit Account
- Choose a Banco De Oro branch nearest you. You can check out the branch / atm locator that can be found in their website.
- Go to the New Account desk and tell the officer in charge that you intent to open a bank account.
- Fill up the forms that will be given to you.
- Submit the required documents listed above.
- Give the initial deposit required.
- You will be asked to return in 3-5 days to claim your BDO atm card or passbook.
BDO Deposit Products
Peso Savings Account
- Peso Passbook Savings Account (with or without ATM)
- Peso ATM (without passbook)
- Optimum Peso Savings Account — Personal
- Optimum Peso Savings Account — Corporate
- Junior Savers Club
- Power Teens Club
- Club 60 Peso
- Direct Deposit Peso Savings Account
Checking Account
- PesoChecking Account
- Smart Checking Account — Personal
- Smart Checking Account — Commercial
Automatic Transfer Facility
- Automatic Transfer Facility – Saving Account
- Automatic Transfer Facility – Checking Account
US Dollar Savings Account
- Dollar Savings Account
- Club 60 Dollar
- Direct Deposit Dollar Savings Account
Third Currency Savings Account
- Direct Deposit Dollar Savings Account
- Canadian Dollar Savings Account
- Chinese Yuan Savings Account
- Euro Savings Account
- GBP Savings Acccount
- Hongkong Dollar Savings Account
- Singapore Dollar Savings Account
- Yen Savings Account
Time Deposit
- Peso Time Deposit
- Peso Time Deposit
- Premium Flexi Earner
- Dollar Time Deposit
- Dollar Time Deposit
- Dollar PRA (Philippines Retirement Authority) Time Deposit
- Two Year Dollar Time Deposit
- Three Year Dollar Time Deposit
- Five Year Dollar Time Deposit
For details on initial amount of deposit and monthly balance requirements, please refer to the official website - www.bdo.com.ph
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