Details about the BDO Passbook Savings Account Features & Application
BDO PASSBOOK SAVINGS ACCOUNT – Here are the features of this BDO Savings account offer and a guide on how to open it online.
Are you looking for a savings account that comes with a passbook? One of those that you may turn to is the offer of BDO Unibank. You can check its details below.
BDO Passbook Savings Account
BDO boasts its savings account offer with easy monitoring and an interest-garnering account that provide easy access to funds. The following are the other details in figures:
- Minimum Initial Deposit – ₱5,000.00
- Minimum MADB Requirement – ₱10,000.00
- Minimum Balance to Earn Interest – ₱10,000.00
- Gross Interest Rate Per Annum – 0.0625%
Fees & Charges:
- Account Closure – ₱300.00
- Falling Below Minimum Balance – ₱300.00
- Account Dormancy – ₱30
- Withholding Tax for Interest Earned – 20%
How to Open BDO Passbook Savings Account?
Step 1 – Fill out the online forms. Visit the website of BDO Unibank and fill out the online forms to start your application to open this type of account.
Step 2 – Upload a photo of your two (2) valid IDs, signature, and yourself holding a valid ID. You may choose from the following:
- Passport
- Unified Multi-purpose ID (UMID)
- LTO Driver’s License
- Government Service and Insurance System (GSIS) e-Card
- Tax Identification Number (TIN)
- Philippine Identification System (PhilSys) ID
- New Social Security System (SSS) ID
- Senior Citizen ID
- PhilHealth Card
- Philippine Postal ID
- Voter’s ID
- Professional Regulations Commission (PRC) ID
Step 3 – Meet a BDO representative via Zoom video call for account opening evaluation.
Step 4 – Make your initial deposit online or at the branch.
The opening of BDO account may take just ten (10) to twenty (20) minutes. The bank will inform you when to claim your passbook.
You may also visit – BDO LOANS – How To Inquire For These Loan Offers Through Text Messaging