How to Open or Apply a Passbook Savings Account in Metrobank Philippines
I guess you already know the importance of having a savings account (it might be a passbook, atm or time deposit) in a bank. Aside from securing your money, you also hold the faith to further grow your money in different investment instruments in the bank. But to start your discipline to save your hard-earned money, you should know how to open or apply a passbook account in a bank. What I'll be going to show you here are the steps in opening a passbook savings account in Metrobank.
Metrobank is one of the largest and most trusted bank here in the Philippines. It has numerous recognitions and awards such as "2010 Bank of the Year" by The Banker, "2010 Best Bank in the Philippines" by the EUROMONEY, and "2010 Best Domestic Bank" in the Philippines by the AsiaMoney Awards. Recently this year, Metrobank received an Anvil Award of Merit for Public Relations Tools and Grand Anvil Award from the Public Relations Society of the Philippines. That's why, cast your doubts and you shouldn't worry for entrusting your money with Metrobank. "You're in Good Hands with Metrobank".
(Picture) Metrobank's Awards and Recognitions
To open or apply a passbook savings account in Metrobank here in the Philippines is easy as long as you have the needed requirements.
How to Open or Apply a Passbook Savings Account in Metrobank Philippines
2 pieces of your 1x1 picture and 2 pieces 2x2 picture
10,000 pesos initial deposit
10 to 20 pesos paper costs (scan, photocopy and etc.)
If you're a student, you don't need a SSS number or TIN number. Most of the time, if you have two valid id's and a barangay certificate or a birth certificate, and 2 pieces 1x1 picture, you will be easily accepted by the bank. Each branch of the bank (Metrobank or any other banks) differs in their strictness of acceptance of depositors/clients. If you're an unemployed college graduate and have some cash in hand and you want to open a savings account in a bank, some banks require you to submit a TIN number. I repeat, some banks require you a TIN number. If you don't have a TIN number, I guess my best option for you is to choose another branch or another bank. Don't worry, there are thousands of banks in the Philippines including the rural banks and the cooperative banks ;o)
2. If all needed requirements are prepared, go to a Metrobank branch where you like to open a passbook savings account. (Be sure to wear your smile always.)
3. Inside the bank, ask a bank officer/employee that you want to apply for passbook savings account. The bank officer will give you an Application form to fill-up. Provide whatever requirements needed by the bank.
Metrobank gives you the option whether you want have an ATM card together with your Passbook. For me, better to have an ATM card. ATM card gives you more mobility in withdrawing your money anywhere. (There's no cost to ask for an ATM card). Your Passbook and ATM card has the same account number.
4. Then after filling-up the form, giving the 10,000 pesos initital deposit, and some verification, a bank officer/employee will give you your newly opened passbook with the amount of your initial deposit indicated inside. (Be sure to check or review your Passbook regarding the name, account number and amount deposited). You will receive your ATM card after 1 week.
Picture of Metrobank Passbook savings account
It only takes 20 to 30 minutes for processing your application for Passbook savings account depending on the number of applicants and the number of bank officers available.
The maintaining balance and the balance to earn interest of Metrobank Passbook Savings Account is 10,000 pesos.
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Hi.ask lang po ako nag apply po kasi ako ng passbook account and nag ask po ako if may kasama din ba na atm pero ang sabi saken wla daw po i need to choose 1 either atm or passbook pero nung nagsearch ako sa internet ang nakalagay naman sa mga information nila about sa savings pwede mo naman makuha ang dalawang option ang passbook with atm panu un pwede paba ko maka request ng atm kasi nakaapply na ko ng passbook savings account
good day.i open a passbook savings account yesterday but they said that they don't have a passbook and atm both in only one account. they only give me passbook.how can I get an atm with the same account.
I already opened passbook to Metrobank. But now I am living now in UAE and I still continuing to save money. Every month I'd deposit money to my bank account. Now, I want to check my balance. How to open online on Metro bank? Hope you can help me concerning this. Awaited to your response. Thank you!
Good Day. I just want to know if I'll open a passbook savings account then I choose to have a passbook together with an atm card having with the same account number, is there any other fees/charges aside from 10,000(which is for initial deposit)? I'm looking forward for your response. Thank You!
Hello Admin or Admins... Auhm I want to know it clearly that if its okay if I don't have Barangay clearance... Just a Birth Certi...? I'm a College student I want to apply for an passbook to suprise my parent that I can save my allowance... Auhm another Question.. What if my 10,000 will fall down to 9,999 or in the other words I can't maintain the min... balance what will happen? last question sir? if its okay if I fail to deposit more money if I already have an Passbook ? Thank you sir (Sorry for bad English) [size=15][b][i][color=red]
Hi, i want to ask if i already open passbook saving account,what are the ways of depositing? Is there required amount to deposit monthly,? What if failure to deposit on the next mo.?i really dont have idea pls help me,,,
Hello, I want to ask if it is possible for my fiance to have a one account for two person? He is in Uk and im here in Philippines, the account is for us both, can i use it here in Phil? Thanks and more power!!
Hi! P10,000.00 initial deposit is a big start for me in opening a savings account. Do you have any other offers in opening a savings account that will only have P2,000.00 to P3,000.00 initial deposit? Please let me know. Thank you.
sir I have questions: 1.im here in saudi arabia and i want to open an account,.is it possible on behalf of me my mother will open my account there in the philippines? 2.what is the procedure or my requirements for opening an account? please advise me
How much would be the deposit needed if I am a student? Is it still for 10,000 php? I'm just kinda curious because I want to open an account but how I can i get such money while I'm still a student? And I do only have one Valid ID and that's my School ID. Thanks and God Bless! :)
Is it allowed to deposit or remit by bank to bank. My husband wants that part of his paycheck will be deposited to my bank account. He's outside the country right now. What type of ATM should he opened that can be used here and abroad particularly in United States.
hi sir khen. I'm just a student. I have valid ID: my school ID and postal ID. But the problem is my postal ID's name is mispelled. Instead of NADJERA, it's written as NAJERA in the ID. Will you still accept it for opening a passbook in metrobank? i was really disappointed of a bank that I've applied for in past. That's why I choose to transfer in metrobank. please help me.
hi, i would like to ask if i can present my 2 identification card with different home address,? my postal id addresses here in Quezon city but my TIN id address in Northern samar.or can i open an account here n quezon city but my identification card address in our province.?
Sir, I would like to ask about my password of my savings account, metrobank have already sent my password details on my email, unfortunately i deleted accidentally. Is it possible to provide me a password?
Hi, I just want to ask question. Can I access my transactions online in Metrobank even if I'm using just an ATM account. I want to see the balance or all the money deposited to that account and all the withdrawal transactions. But can't see it since i don't have passbook , i only have atm.
hi, i would just like to ask if i can open a passbook if my starting money is less than 10,000php? I already have an atm in which i receive my salary, i was thinking of asking our hr department if they can set aside half or part of my salary into a different savings account but with same no. of account?
I want to open a savings account on metro bank but i have some problems in the requirements. I dont have any valid ID, im just 19 years old and i stop in my school so i also dont have students ID..I only have a Original Copy of my Birth Certificate (Not NSO-issued), a 1x1 and 2x2 pictures and a P10,000..is it still possible to open an savings account?
Hello metro bank Philippines, I'm losing my passbook savings account METRO BANK LAOAG branch, 5days from now. Need to withdraw this week for my daughters B-day!! what requirements need to get new passbook & same account? pls.response immediately. JOHN
John, according to the rules and regulations of Metrobank's Passbook Savings Account: "In case it is lost or stolen, he shall promptly report it in writing and submit an affidavit (notary letter with lawyers authorization) to the Bank giving all the circumstances surrounding the loss. If it is not found within a reasonable time, the depositor may apply for a new passbook which, when issued, shall show the balance outstanding to his credit as shown in the books of the Bank. The depositor shall pay a service fee for the replacement of the lost passbook."