Banco de Oro Unibank Inc. (BDO) was named best domestic bank in the Philippines by Finance Asia, a prestigious finance publication in Asia, for survey period from June 2009 to May 2010. In every SM malls, there's a BDO branch, that's why it is very accessible and even after your work you can visit a BDO branch which has a longer banking hours than other Philippine banks.
When opening a savings or checking account in BDO, just follow the procedures below and bring the complete requirements in opening an account.
1. Select the BDO branch of your choice near your place. Its better to open a BDO bank account in a SM mall, for sure there is one inside.
2.) Proceed to New Account Desk upon entering the bank. Request to the bank officer you want to open a savings account and then fill-up all forms that will be given to you.
3.)Give the initial deposit for your savings account together with the complete requirements for checking and processing. You can see below the minimum initial deposit for opening BDO bank account.
Peso Passbook Savings Account (with or without ATM) - Php 5,000.00
Peso ATM (without passbook) -Php 2,000.000
Kabayan Peso Savings Account - Php 50.00
Peso Savings Account Payroll -Php 100.00
Junior Savers Club- Php 500.00
Power Teens Club- Php 2,000.00
Club 60 Peso- Php 5,000.00
Direct Deposit Peso Savings Account- Php 0.00
Smart Guarantor- Php 60,000.00
Optimum Savings Account - Personal- Php 30,000.00
Optimum Savings Account-Commercial- Php 50,000.00
Super Savings- Php 100,000.00
Super Savings - ATF Php 100,000.00
4. Claim your ATM card or passbook which is normally available for pick-up after 3-5 banking days.
In opening a BDO bank account, remember to bring all requirements for hassle-free transaction and smooth processing.
