How to Apply for Chinabank Passbook and ATM Card Savings Account?
If you're a money-wise person, you might like opening a Chinabank savings account. Because, aside from being on the top and largest banks in the Philippines, Chinabank also offers lower charges, lower initial deposit, lower maintaining balance and other banking fees. You can open as low as P1,000 pesos for a Passbook or ATM savings account. So, how to apply? Follow the steps below:
Bring the needed requirements in applying for a Chinabank Savings Account:
Php 5,000 initial deposit
2 pieces recent 1x1 ID pictures
At least 2 valid id's (original copies and photocopies):
any Government-issued ID's
Chinabank may require you to present additional or supplementary IDs to verify your identity. So, you must bring other ID's if you have.
Go to a nearest or preferred Chinabank branch. Inside the bank, go to the New Accounts section. Tell any bank officer that you want to open or apply new savings accounts. Don't forget to always wear your sweet smile.
The bank officer will require you to present the valid id's and other requirements mentioned above. He will ask you what type of account you would like to open. Chinabank offers many types of savings account. For ordinary individuals, you can open a Passbook or ATM account. Passbook account has different account number with the ATM account. So they're separate. They're not offering a Passbook and ATM with the same account number. Please take note of that.
Initial deposit of Passbook account is P5,000 and initial deposit of ATM account is also P5,000. If you want to open both Passbook and ATM, your total initial deposit would be P10,000.
And he will then give you some forms (application form, personal profile form, etc.) to fill-out.
After processing the application and the deposit, the bank officer will give you the deposit slip (for the ATM account).
Claiming Your China Bank ATM card
You can claim your ATM card after 1 week (if you're in Metro Manila) or after 2 weeks (if you're outside Metro Manila). Don't forget to present your deposit slip and bring a valid id.
Pictures of China Bank ATM Card
Back side. With BancNet logo.
Chinabank Passbook or ATM card has:
P5,000 maintaining balance
P200 monthly charge for falling below maintaining balance
0.250% interest rate to earn per year
Some Powerful Features of China Bank Passbook and ATM card account:
withdraw money fast to any Bancnet atm (machines).
transfer funds from your account to other accounts (to other banks)
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Hi, I'm a foreigner and have a filipino husband. We're currently staying in china..however i want to open a savings account in the philippines. What are the requirements and process to open a bank acct for foreigners? Thanks.
Goodevening :) Hi Im from Philippines I actually wanted to Open a New Savings Account that has a DEBIT CARD but I am only 16. Is it ok to open an savings account at this age and How much is the initial deposit please answer ASAP THANK YOU!
I had my existing passbook account. Is it okay to use it again. I used this account last 2011. Is it still active? I forgot my account number but, please check Sheryl De La Victoria. Is it safe to use it again.
hello i am an american now residing in anilao east I am retired US NAVY and would like to know if i can open a direct deposit us dollar account in your bank as i will be staying here as i travel back and forth to saudi arabia so am i able to open an account????
hi i want to ask if I can apply an ATM card for my savings in ChinaBank. I'm an OFW here in Riyadh. There are Filipinos here who brought Chinabank representatives for this. I filled-out an application but he didn't able to come back and give the atm card. Can follow it up here?
what if i had only a NBI Clearance and brgy clearance and i got that in our province but not yet expired and i want to open a savings account here in metro manila . my question is, are they valid or able to use in applying a saving account ?
what is i have only a NBI Clearance and brgy clearance and i get that in our province but it didn't yet expired and i want to open a savings account here in metro manila . my question is, are they valid or able to use in applying a saving account ?
Good day. I'm here in China. It's hard to send money here. I want to ask a question. Can I open an account one for my family as a remittance? What are your office or bank partners here in China particularly in Chengdu. How much is the charge?