Bank account opening

Last activity 06 August 2020 by AaronAardvark

259 Views

3 replies

Post new topic

Sumomaster2004Active member05 August 2020 04:24:40

Can anyone suggest a bank in Bulacan that doesnt have a lot of red tape to go thru to open a dollar account.

AaronAardvarkSerial expat05 August 2020 15:17:35

289

BDO is one of the easiest. Two forms of ID and 180 days in country.

pej1111Serial expat06 August 2020 00:18:31

562

AaronAardvark wrote:
BDO is one of the easiest. Two forms of ID and 180 days in country.

And an ACR card?

AaronAardvarkSerial expat06 August 2020 00:55:57

289

Since you need a government ID card, an ACR card or SRRV would probably be one of the IDs. Almost anyone who meets the 180 day requirement should have one of them.
I have always found that published requirements are added or removed when speaking in person to officials.
I was able to get bank accounts with just proof of an SRRV application and no ACR at Bank of Commerce.

Articles to help you in your expat project in the Philippines

Opening a bank account in the Philippines
To answer the most common question, yes, expats can open a bank account as long as they have a valid resident visa ...
Bank account in the Philippines
If you are a intending to become a permament resident here in the Philippines you will certainly need a local ...
Money transfer options in the Philippines
The old system of transferring money from your bank in your home country to the Philippines and hoping for the ...
Lifestyle in the Philippines
About to move to the Philippines? Wondering how you're going to adapt to your new environment and lifestyle? ...
Getting married in the Philippines
Getting married in the Philippines provides a backdrop of immense beauty through stunning beaches, tropical ...
Dating in the Philippines
The beauty of the Philippines, with its dramatic modern and old Spanish architecture, plus the golden sands and ...
Obtaining a Philippines driving licence
Whether you are converting your existing foreign driving license or applying as a first-timer for a Philippines ...
Leisure activities in the Philippines
Consisting of more than 7,000 islands, the Philippines is a real treasure that you can explore during your stay ...