Last week, my daughter and I went to Banco de Oro (BDO) near our place to open a savings account. It’s been awhile since I have been meaning to open one but because I Iack the necessary requirements it took me time. Anyway, I got my ATM last Thursday and registered it for online banking. Then just this afternoon, I was able to activate it. Now, I can do online backing – pay bills without hassle!
Online banking has many advantages and most of them are categorized under the word convenience. Aside from paying bills online, you can also check your balance, reload your mobile phone, send money to others and pay purchases from online shops.
I already have a bank where I can do online banking like Unionbank EON Savings Account which provides a great convenience for bloggers because we are Paypal users. But I still decided to open one with BDO because there are some online sites like Multiply that prefers BPI and BDO as one of their mode of payments. And of course, I own a BDO Shop More Credit Card. Monitoring and paying it proves to be easy if they belong to the same financial company.
And to top of all reasons why I choose BDO, some of us blogging moms that belong to one group are talking about future investments for our children. Thus, BDO has investment products that are very affordable for work at home moms like us. We can save and invest easily.
This is my second savings account with BDO. The first one was opened in Bacolod City and is now already closed. This time, I am hoping for a longer and fruitful relationship with them. I hope and pray that they will become one of my efficient tools that can help me achieve my financial goals in life.
Are you interested in opening a BDO Savings Account? Here are some requirements in opening BDO savings account that you might want to prepare before going there:
- Php 5,000.00 initial deposit for Peso Passbook Savings Account (with or without ATM) or Php 2,000.00 initial deposit for Peso ATM (without passbook)
- Two (2) valid and recent IDs with your name and picture
- Two (2) photocopies of your ID (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)
- Billing Statement and two (2) photocopies in order to verify your address (Electric bill, Telephone bill, Water bill, Credit Card bill, Cellphone bill etc.) For my case, I didn’t presented this one because I already used my Postal ID that proves my residence.
- Two (2) copies 1×1 latest ID picture
These requirements are basic in most banks especially when opening a Peso Savings Account. BDO is an ideal bank for those who are busy with work or during weekdays because they are open on Saturdays and even Sundays for mall-based banks. I opened mine on a Saturday in a stand-alone bank in our area.
Have about you guys? Do you have a BDO Savings Account? Do you like the convenience of online banking too?
