Features

Initial Deposit Requirement P 5,000 (individuals)
P 10,000 (business)
Interest Rate non-interest earning
Documentation check book or ATM card (individuals)
check book (business)

Basic Requirements


FOR INDIVIDUALS

Any two (2) valid IDs issued by “Official Authority”

- Valid Passport (if Foreign passport, holder must present ACR I-Card)

- Driver’s License (with validated Official Receipt from L.T.O)

- Professional Regulation Commission (PRC) ID (New Series from 2004 to date)

- Social Security Service (SSS) ID

- Government Service Insurance System (GSIS) E- Card

- Philippine Overseas Employment Agency (POEA) Card (with picture)

- Overses Workers Welfare Administration (OWWA ID)

- Latest NBI Clearance

- Company IDs issued by Private Entities or Institutions registered with or supervised or regulated either by the BSP, SEC or IC

- Latest Voter’s ID Card with VIN (Voter’s Identification Number) and picture

- Senior Citizen’s ID

- Alien Certificate of Registration (ACR) for Foreign Nationals

- Home Development Mutual Fund-Pag-ibig ID

- Philippines Postal ID Card

- Tax Identification Number (TIN) ID

- Police Clearance (with picture and dry seal)

- Seaman’s ID/Record Book

- Barangay Certification

- Department of Social Welfare & Development (DSWD) Certification

- Certification from National Council for the Welfare of Disabled Persons (NCWDP)

- Government Office and Government Owned and Controlled Corporation (GOCC ID) e.g. Armed Forces of the Philippines (AFP) ID

- Integrated Bar of the Philippines ID

 

FOR SOLE-PROPRIETORSHIPS

Two (2) valid IDs of the registered owner plus:

– Certificate of Business Name Registration

– Mayor’s Permit

 

FOR PARTNERSHIPS

- SEC Registration

- Articles of Partnership

- Partner’s Resolution to Open Account (Notarized)

 

FOR CORPORATIONS

- SEC Registration (Certified thru copy)

- Articles of Incorporation and By-Laws

- Board of Resolution to Open Account at Allied Savings Bank (Notarized)

- List of Current Elected Officers/Directors certified by Corporate Secretary

About Regular Checking


A non-interest earning peso deposit account also known as Checking or Demand Deposit.

Deposit Rate

ACCOUNT INTEREST
Regular Savings 0.5%
Power Saver 0.5%
Dollar Savings 0.25%
NOW Checking 0.5%
Checkplus 0.5%
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