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Peso Checking Account

Brief Description

This is a regular interest-earning checking account.

Features

This checking account comes with a CTBC Bank Visa Debit & ATM Card, checkbook, record book, and access in Internet banking via NetBanking Facility and BancNet Online.

A depositor only needs PhP15,000. (for individuals) and PhP25,000. (for corporate) as an initial deposit. The account will earn a 0.125% interest p.a. when the deposit is brought up to PhP50,000. for individuals and PhP100,000. For corporate accounts.

Requirements

  • Two (2) Valid Identification Cards
  • Signature Cards
  • Account Opening Form (AOF)
  • Terms and Conditions for Debit Card
  • 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)
  • Latest 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

Deposit Pricing and ATM Fees