≡ Menu

BPI Remittance Account Requirements: What To Prepare In Opening “BPI Padala Moneyger”

List of BPI Remittance Account Requirements Applicants Must Prepare in Opening “BPI Padala Moneyger”

BPI REMITTANCE ACCOUNT REQUIREMENTS – Here is a list of the requirements that you have to prepare in opening a “BPI Padala Moneyger” account.

One of the accounts offers by the Bank of the Philippine Islands or BPI which is among the trusted banks in the Philippines and as well as internationally is a remittance account.

The said account benefits the overseas Filipino workers and as well as their loved ones in the Philippines who are receiving money from them. It makes the transfer of money more convenient and safer.

Bank of the Philippine Islands (BPI)
Photo Courtesy of Green Energy Investors

The remittance account of the Bank of the Philippine Islands is called “BPI Padala Moneyger”. There is only a short list of BPI remittance account requirements for the opening.

BPI REMITTANCE ACCOUNT Requirements

Based on the official website of the Bank of the Philippine Islands, there are only two(2) main BPI remittance account requirements that applicants should comply in opening a BPI Padala Moneyger account.

Here are the short list of what you need to prepare:

  • Valid identification card (ID) with photo and signature
  • Initial deposit

According to BPI, the valid ID that applicants will present should be unexpired. With regards to the initial deposit, the bank has not set a required initial deposit in opening a BPI Padala Moneyger account.

The required daily balance to earn an interest is Php 5,000.00 at the interest rate of 0.25% per annum. The required minimum monthly ADB is also waived as long as there are at least four(4) remittances in a year.

Should you wish to start your application for a BPI Remittance Account, just bring the requirements to the bank branch where you want to open an account and you will be assisted by a bank staff or officer.

Thank you for visiting our website. We hope we have helped you with regards to the requirements in opening a remittance account in Bank of the Philippine Islands. You may keep coming back for more informative guides.

READ ALSO: BPI SAVINGS ACCOUNT OPEN: How To Open Savings Account In BPI

{ 0 comments… add one }

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.