How To Open A Bank Account in Banco de Oro (BDO)
August 11, 2012If you want to open a bank account, I am very sure that Banco De Oro (BDO) is one of your bank listed in your choices. In order to open a new account in BDO or Banco De Oro, you must provide some information to the bank. Today we’ll learn about how to open a bank account in Banco De Oro. You’ll have a newly opened BDO bank account in no time.
Choose the nearest BDO Branch which is very convenient for you. You can view the list of BDO Branches at the official website of Banco de Oro (BDO) Branch Directory.
When you have decided on which BDO Branch you want to open your Banco de Oro (BDO) account, bring the following documents/requirements:
- Two (2) valid IDs (with your picture on it and signature)
- Two photocopies of your Valid IDs
- Any proof of billing under your name.
- and 1 piece 1 x 1 ID picture
Fill out the BDO NEW Accounts Application form. Write legibly and avoid any erasures. Remember, right minus wrong. (lol)
List of BDO Deposit Products & BDO Accounts Initial Deposit Requirements
| Account Type | Minimum Initial Deposit | |
| Peso Checking Account | ||
| Regular Checking Account | PHP 5,000.00 | |
| Smart Checking – Personal | PHP 15,000.00 | |
| Smart Checking – Commercial | PHP 25,000.00 | |
| Super Checking | PHP 100,000.00 | |
| Peso Checking Account Payroll | PHP 100.00 | |
| Automatic Transfer – Savings Account ATF Personal | PHP 25,000.00 | |
| Checking Account ATF Personal | PHP 0.00 | |
| Automatic Transfer – Savings Account ATF Commercial | PHP 50,000.00 | |
| Checking Account ATF Commercial | PHP 0.00 | |
| Peso Savings Account | ||
| Peso Passbook Savings Account (with or without ATM) | PHP 5,000.00 | |
| Peso ATM (without passbook) | PHP 2,000.00 | |
| Kabayan Peso Savings Account | PHP 50.00 | |
| Peso Savings Account Payroll | PHP 100.00 | |
| Junior Savers Club | PHP 500.00 | |
| Power Teens Club | PHP 2,000.00 | |
| Club 60 Peso | PHP 5,000.00 | |
| Direct Deposit Peso Savings Account | PHP 0.00 | |
| Smart Guarantor | PHP 60,000.00 | |
| Optimum Savings Account – Personal | PHP 30,000.00 | |
| Optimum Savings Account-Commercial | PHP 50,000.00 | |
| Super Savings | PHP 100,000.00 | |
| Super Savings – ATF | PHP 100,000.00 | |
| Dollar Savings Account | ||
| Dollar Savings Account | USD 200.00 | |
| Kabayan Dollar Savings Account | USD 100.00 | |
| Club 60 Dollar | USD 200.00 | |
| Direct Deposit Dollar Savings Account | USD 0.00 | |
| Dollar Super Saver | USD 10,000.00 | |
| Third Currency Savings Account | ||
| Euro Savings Account | EUR 500.00 | |
| Yen Savings Account | JPY 50,000.00 | |
| GBP Savings Acccount | GBP 200.00 | |
| Canadian Dollar Savings Account | CAD 1,000.00 | |
| Hongkong Dollar Savings Account | HKD 500.00 | |
| Australian Dollar Savings Account | AUD 200.00 | |
| Singapore Dollar Savings Account | SGD 200.00 | |
| Chinese Yuan Savings Account | CNY 2, 500.00 | |
| Term Account | ||
| Peso Time Deposit | PHP 1,000.00 | |
| Kabayan Peso Time Deposit | PHP 1,000.00 | |
| Premium Flexi Earner | PHP 10,000.00 | |
| Dollar Time Deposit | USD 1,000.00 | |
| Kabayan Dollar Time Deposit | USD 1,000.00 | |
| Mega Savings Dollar | USD 500,000.00 | |
| Three Year Dollar Time Deposit | USD 50,000.00 | |
| Five Year Dollar Time Deposit | USD 50,000.00 |
You can also refer to BDO Initial Deposit / Balance Requirement at their website here.
Once finished, you will be instructed to give your initial deposit for your newly opened BDO Account. Refer to the list below for the BDO Deposit Products and BDO Accounts Initial Deposit Requirement.
Your BDO Account is now in process and your BDO ATM card will be available for pick up after three (3) to five (5) working days at the same BDO Branch.
Opening a new bank account in BDO is easy right? Would you open a new bank account with them? Tell us in the comments.
I would like to inquire for opening a usd savings account here in UAE.
I cannot see any option to down load a form to fill up and send to philippine branch for opening. What we have in remittance services here is not the same form in opening a dollar account, and the agents were telling us what forms they had are only for peso account?
how and what site I could possibly use to down load the form for usd dollar account?