the.first time.blogger

there's a first time for everything.

First Time No.3: Open a BPI Savings Bank Account

180 Comments

Having a Bank Account nowadays has been a necessity in itself. Banks offer so much services now apart from savings and investments, providing loans, and a whole lot more – you name it! For me, I use it for several reasons: one is to keep me and my money safe – I feel more secured just bringing enough cash whenever I go out; two is for me to gain easy access to money – it’s just a swipe away from an ATM; and lastly as a payment method for my small businesses one of which is my online perfume giveways webstore.

I wasn’t really thinking of opening a new bank account simply because I’m currently contented with my existing account with another bank. I thought that it’s not practical to have two or several other bank accounts. Plus, I’m not really one of those who like to keep so many cards in their wallet – I like to keep my wallet as thin as possible (paper bills are exclusions :D ). Until yesterday, I had a client from Boracay who would only prefer depositing his payment over Bank of the Philippine Islands (BPI) since according to him is the only bank in their vicinity. Our deals will go a long way and we’ll be having a “long-term business partnership”. And so to accommodate my client, I’ve decided that it’s about time to open a new account with BPI and also for us to transact better and faster (sidenotes: I also accept other payment methods for my business but I prefer bank transactions and deposits. I feel somewhat more secured with this process or I’m just being traditional.). Moreover, I realized that it would also be a good idea to keep and maintain two or a number of bank accounts for me to have an option specially when my current bank’s ATMs are not in the vicinity, aren’t online, under maintenance or just plainly being not helpful.

The Bank of the Philippine Islands (BPI) is one of the largest banks in the country.

The Bank of the Philippine Islands (BPI) is one of the largest banks in the country.

So, so much for the inside story, in short, I opened a BPI ATM Saving Account or BPI Express Teller International Account at SM Southmall Branch.

You may open an ATM-only account (opening is Php500.00 and maintaining balance is Php3,000.00) or an ATM with Passbook account (maintaining balance is Php10,000.00) with BPI.

Here are the requirements and a step-by-step process in applying for a BPI Savings Account (same for both ATM-only or with Passbook Accounts):

1. Make personal appearance to the bank and bring the following requirements.
Two (2) Valid IDs and photocopy of them:
Sidenote: If you could provide more than two IDs, the better.
Passport
Driver’s license
Professional Regulations Commission (PRC) ID
National Bureau of Investigation (NBI) clearance
Police clearance
Postal ID
Voter’s ID
Barangay certification
Government Service and Insurance System (GSIS) e-Card
Social Security System (SSS) Card
Philhealth Card
Senior Citizen Card
Overseas Workers Welfare
Administration (OWWA) ID
Overseas Filipino Worker ID
Seaman’s Book
Alien Certification of Registration/Immigrant Certificate of Registration
Government office ID:
(e.g. Armed Forces of the Philippines (AFP), Home Development Mutual Fund (HDMF) IDs)
Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
Department of Social Welfare and Development (DSWD) Certification
Other valid IDs issued by the Government and its instrumentalities

Billing Statement:
Sidenote: This is just to verify your billing address. You may use billing statements even if it’s not under your name as long as it’s from your family members.
Electric Bill
Telephone Bill
Water Bill
Credit Card Bill,  etc.

Two (2) copies of 1×1 latest photo

2. Fill out the application form they will provide by supplying the required information. You are required to provide three (3) identical signature specimens.

3. At least Php500.00 initial or opening balance. Please take note that your account will only be allowed one month before the rule on “maintaining balance” will be applied.

4. Allow a day to have your account activated. Some say, you need two (2) to three (3) days before you could claim your ATM Kit but in my case, I received the ATM kit right-away.

I got the blue one. But I think it comes in two (2) other colors: gold and red.

Aside from being an ATM Card, you could also use it as a Debit Card or BPI Cardholders can shop the cashless way through Express Payment System (E.P.S.)

Aside from being an ATM Card, you could also use it as a Debit Card or BPI Cardholders can shop the cashless way through Express Payment System (E.P.S.)

5. They will ask you if you want to enroll it to their online and phone banking which I did. I’ll post another entry on how it went later.

Actually, I’m really impressed with how the whole process went. It just took me approximately twenty (20) minutes to have my application processed and approved – well, add another fifteen (15) minutes when I fall in line and waited for my turn. The one who assisted me was very approachable and accommodating. I asked a lot of questions, I thought that she would be irritated but she explained it to me in detail and in a very customer-friendly way – 5-stars for her! :)

And that’s it! I’m now a BPI Cardholder! I’m now excited to enjoy their products and services! Let the “payments” come! :D

I hope their aftersales and online and telephone customer service representatives are as efficient as the one who assisted me.

For more information on their rates and requirements, I highly encourage you to visit their website at www.bpiexpressonline.com as I only have a limited knowledge on their operations.

About these ads

Author: thefirsttimeblogger

Online Seller. SME Business Owner. Wedding Supplier. Freelance Percussionist. Travel Buddy. Food Tripper. SEO Specialist Brother. Son. Friend. First-Timer on mostly everything.

180 thoughts on “First Time No.3: Open a BPI Savings Bank Account

  1. kuya pwd lang ba na gamitin yung I.D. from my province na nirepresent ko sa isang regional tournament sa DEP-ED and im 15. makakaopen pa rin ba ako malaki naman po ilalagay ko

  2. hi there
    ATM EXPRESS TELLER INTERNATIONAL. PWEDE PO BA YAN recieve ng pera sa ibang bansa …and how will i have un swiftcode
    OR HOW CAN I HAVE EXPRESS TELLER INTERNATIONAL SWIFT CODE?

  3. my saving account na po ako sa One net work bank.it is posible to use un passbook ko para makaopen ng account sa BPI ..
    for faster processing .. of open acount sa BPI.

  4. kasi galing po ako last time BPI nag inquire ako then i comply all the requirement which the two id
    tin number and the philhealth.pro they ask me another id… parang na feeling ko tuloy suspecious or criminal..hahhaha
    it feels me PBI refusing customer to open account kahit meron na complete document..or kailangan ba magbihis mayaman para really feels so upset sa BPI zamboanga branch

  5. Hi! got a problem here , I mistakenly withdrew the 3000 remaining balance from my BPI savings account yesterday at 3 pm, the company I’m working with will deposit the salary on that day.. I want to know if it will be automatically closed? :(

  6. Hi bpi…magkanu po mgopen ng regular savings account ung may atm at passbook na po at anu ung requirements…my tin id,philhealth at nbi po aq ok na po ba un??

  7. Gudeve.,balak ko po magopen ng account ung may passbook at atm,magkanu po ang pa open at anu po requirements..ok na po ba ang tin,philhealth at nbi?

  8. pano ako mka open account dto sa dubai gusto ko po ung maxi saver mg kano po mg open gusto ko po ung tumutubo ung pera ko habang nsa bpi

  9. well it would be my first time to open an account in BPI but when my cousin told to withdraw her money on that said bank i thought there approachable but then when it is my turn i was in counter 3 it is a boy in the counter his so irritated and his not nice to the costumers his so masungit talagah i dont have to name him just lesson to learn sana wag nman kaung masungit mga nasa counter trabaho nio yun eh ang oagsilbihan kami…….OK!!!!!!!!!!!!!!!!!!!! sa may c5 novaliches ung bank na un.

  10. Hello gusto ko po mag apply bgo lang po panu po b mag apply?at mag save true online out side in Philippines

  11. Pg mg open ng account sa bpi nung kailngn at mgknu open account

  12. Ung atm card lng walng passbook ok nba ung postal id ko at philhealth ok nba p.b un

  13. Hi!good afternoon. Gusto ko po sanang mag open ng bank account kaso isa lang po young valid id ko. Pwede lang po ba yung brgy clearance
    Salamat?

  14. Gd afternoon po bpi.. gsto po sanang mag open bank account w/ passbook po. Magkano po ba? Tska ano po ang requirments.my nso birth certificate po ako.my postal id. ok na po ba iyon?

  15. the lists of requirements above is still updated until now ?
    want to make it sure so that hassle free when im opening my account.

  16. Hello ask q lnq po matagal na kc ung BPI ATM EXPRESS TELLER q hnd q na iactivate ang atm pde ko pa po ba magamit un thanks

  17. hellow good morning gusto ko po mag open acct its my first time.. pwede na po ba ung postal id then nbi cert police clearance and brgy cert? thanks.. :)

  18. Thanks for this. It was helpful. :)

  19. how much interest in dollar account?

  20. Salamat po,lahat ng gusto ko malaman naibigay nyo po…

  21. Hi. Just want to confirm na meron sa BPI na passbook with atm? Kasi nag open ako ng savings account sa BPI last august 18 and tinanong ko yun customer service sa bank kung pede passbook with atm kasi hassle naman kung pupunta pa ako sa bank para lang mag withdraw. Sabi saken ng agent sa BPI wala daw ganun service sa kanila it’s either pumili ka ng atm or passbook only. So passbook na lang pinili ko, which hindi pala pede i enroll online yun passbook for online banking. Ang kelangan is atm para makapag enroll ka . Gusto ko kasi talaga may atm para d ako mahirapan mag withdraw.

  22. Hi gudafernun,,ask ko lng po kng pwde ko makapagopen ng savings account kht ndi aq yung mgpaprocess pero sakin ipapangalan,outside phil.po kc aq so yung pagaayucn ko sana eh yung sister ko n nsa phil…puede po ba yun?thankyou

  23. Hello po gusto ko lng po malaman kung paano po ang proseso ng time deposit at saving.at kung magkano po ang interes ng pera.salamat po

  24. 620 BPI sikat npakabait ng mga staff llapit p cla f what concern m pti mga guard mbbait unlike s bdo s tbi ng BDO CLub mwuah b un ala ktulad d mrunong mgentertain mangiyak iyak ung girl kc d tlga xa pnansin kht nkkogusap!!

  25. hi po ..pag katapos pong maibigay yung ATM card sa iyo pwdi mo na ba agad gamitin ito ? first time ko pa po kasi -.-

  26. gusto ko po sanang mg open ng account sa BPI pero ndi kupa nku2ha ung Voter’s ID ko…pde po bng police cert. ska brgy. cert po ung gamitin?

  27. hello poh,pwd poh ba aq mgopen ng acount khit d2 aq sa ksa???anu2 poh ung step na dapat kung gawin…tnx poh

  28. Tanong ko lng po kung my ngpapadala ng sa account ng money ko posible b mlaman nya ilang pera sa account ko?pls reply po

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.