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How to Open a Metrobank Passbook Savings Account?

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".
 
Metrobank Awards and Recognition
(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

Step 1

Prepare the needed requirements/documents: 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)

Step 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.)

Step 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.

Step 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.

 
Metrobank Passbook Savings Account
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.

If you want to know more about the Rules and Regulations governing Metrobank's Passbook Savings account, you can read it here. - https://www.affordablecebu.com/
 

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"How to Open a Metrobank Passbook Savings Account?" was written by Mary under the Banking category. It has been read 113363 times and generated 103 comments. The article was created on and updated on 18 June 2014.
Total comments : 103
Elaine Robles [Entry]

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.
Guest [Entry]

Elaine Robles, Opening a Metrobank ATM card requires P2,000 only as initial deposit. This might help you... "How to Apply for Metrobank ATM Card Bank Account"
95476 [Entry]

mam/sir after opening an account, can I ask a copy of bank certificate?
ramie [Entry]

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
El Niña P. Callosa [Entry]

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! :)
Guest [Entry]

El Niña, for Metrobank Passbook, initial deposit is P10,000. While for Metrobank ATM Card, initial deposit is P2,000. Choose which is more convenient and easy for you.

Aside from your school id, you should also bring another one id such as your NSO birth certificate or a barangay clearance or any valid id you have.
Anne [Entry]

is it possible to reopen an account which has been deleted? im trying to login using my credential but it says account deleted.

And also i am in USA is it possible to open an account from here?
Guest [Entry]

Anne, it's not possible to reopen a deleted or closed account. You should open a new account.

You can open an account there in the USA through Metrobank's subsidiares or foreign branches. To search for a foreign branch in the USA, go to Metrobank USA Branches.
gerlie castro [Entry]

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.
gerlie castro [Entry]

sir how about the TIN number? I have no TIN number and SSS number. Is it allowed to open an account without TIN or SSS number?
Guest [Entry]

gerlie castro, if you have an SSS ID (photo-bearing) and another 1 valid id, you can open an account.
gerlie castro [Entry]

Is the initial deposit on any Metrobank amounts Php 10,000? Can it be used internationally? thank you.
Guest [Entry]

Gerlie Castro, yes, the initial deposit for Metrobank is P10,000 to all branches. Yes, you can transact using this Passbook to any Metrobank overseas/foreign branches or Metrobank subsidiaries.
gerlie castro [Entry]

How much is the lowest amount of initial deposit? Is there any lesser than 10k?
Guest [Entry]

Gerlie Castro, I've already answered your question above.
nadjera anggulo [Entry]

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.
Guest [Entry]

nadjera anggulo, only your postal id is the problem. It might help you to get a Barangay Clearance/Certificate. Present this document together with your school id in applying a Passbook in Metrobank.
im nicol [Entry]

How to apply for ATM card? I already have a Passbook account in Metrobank. I want to have an ATM. What are the requirements?
Guest [Entry]

im nicol, you can follow the steps presented in "How to Apply for Metrobank ATM Card Bank Account".
Carolyn Ferrer [Entry]

i have 2 kids, i want to open them a new account for atm account, what are the requirements? One is studying and the other one is only 2 years old.
bhe [Entry]

do i still need to get barangay clearance even if i have 2 valid ID?
Guest [Entry]

bhe, not anymore.
juvita v nazam [Entry]

dear metro bank ano po ba kailangan na id para makapagaply ng atm card
Guest [Entry]

juvita v. nazam, valid id po ang kailangan. Read the "Top 28 Valid ID's Required in the Philippines".
melchor flores [Entry]

I want to change my saving account from atm card to passbook w/ atm.Is this possible?5
Guest [Entry]

Melchor Flores, no. You should open a new account (Passbook with ATM card). Or open a new account (Passbook only). You have many choices.
Joel [Entry]

Hi Ken, I have an ATM account with Metrobank. But I now want a passbook without ATM. Can the bank do this for me? Thanks
Guest [Entry]

Yes Joel, you can choose to open a passbook without an ATM.
cynde [Entry]

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.?
Guest [Entry]

Yes cynde. They are both valid id's. So they can both be accepted.
Joey [Entry]

thanks Khen! You are quite the reliable one..
Joey [Entry]

Hi Khen,

Can I withdraw from a Passbook savings at a Metrobank branch other than the one in which I opened it?

thanks..
Guest [Entry]

yes you can Joey.
elizellar [Entry]

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?
Guest [Entry]

elizellar, you can email customercare@metrobank.com.ph and ask metrobank to send you your password or account details.

Tip: If you accidentally deleted your password details in your email, you can go to the Trash folder of your email and find it.
andrew [Entry]

sir. I want to open a Passbook account. Is it allowed to have 1 ID (postal ID) and birth certificate. Is it OK. Can I apply for an account?
Guest [Entry]

yes, andrew.
Lolita C. Hersamio [Entry]

how to open joint account?
eigna [Entry]

What are the requirements for opening OFW savings account
Guest [Entry]

mars [Entry]

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.

Thanks,
Mars
Guest [Entry]

mars, you need to enroll first in Metrobank's online banking (Metrobankdirect).

Go to your bank and apply for metrobank online banking.
celeste ardiza [Entry]

in opening account with passbook, can i just present an authenticated birth cert and a barangay clearance?
Guest [Entry]

yes, celeste
sarah joy rabimbe [Entry]

For students, does it need Php 10,000 for initial deposit?
Guest [Entry]

yes Sarah.
conrado [Entry]

hello metrobank, I want to ask how to open a joint account in Metrobank?
eloisa joy [Entry]

im a college student , transferee. Can I use the ID of my former school and the ID of my present school. thanks.
Guest [Entry]

yes eloisa.
myline reyes [Entry]

Sir ask ulit ako...hal.my passbook ka tapos gusto pagawa.atm card para madali mg withdraw lng po ba un...no dapat gawin?
Guest [Entry]

To apply for an ATM card, here's the procedure:

How to Apply for Metrobank ATM Card Bank Account

Read more: http://www.affordablecebu.com/load....2zX6LCe
xdien23 [Entry]

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?
Guest [Entry]

xdien, you cannot open a passbook account if your initial deposit is below PhP10,000. Metrobank requires PhP10,000 initial deposit.

You can ask your HR department whether they can set aside a part your salary to a different savings account.
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