Foreign Currency Deposits | CTBC BANK (PHILIPPINES) CORP.

Dollar Savings Account

This is a dollar-denominated regular savings account for individuals or for corporate payroll accounts.

For a minimum of only US$500., the account earns 0.10% gross p.a. It also comes with a record book for easy monitoring.

Two (2) Valid Identification Cards of Proprietor or authorized signatory
Signature Cards
Account Opening Form (AOF)
Certificate of Registration of business name with the Department of Trade and Industry
Application for registration of business name with the Department of Trade and Industry (if Certificate of Registration is not yet available)
Mayor's Permit
Current and notarized Special Power of Attorney, if another person (i.e. other than the proprietor) is authorized to transact business or sign in behalf of entity

Two (2) Valid Identification Cards of all Partners
Signature Cards
Account Opening Form (AOF)
Articles of Co-Partnership
Certificate of Registration of the Articles of Partnership with the Securities and Exchange Commission (SEC)
Partnership’s Resolution of authorized signatories

Two (2) Valid Identification Cards of all authorized signatories
Signature Cards
Account Opening Form (AOF)
Certificate of Registration from Securities and Exchange Commission (SEC)
General Information Sheet (GIS)
Articles of Incorporation
By-Laws
Notarized Secretary’s Certification of the Board Resolution(s) stating the following:
- Authority to open an account or transact any business with a specific or any bank
- Election of officers for the current year
- Officers authorized to sign checks and other instruments, their limits and combinations