Requirements for Account Opening

Requirements for Account Opening

  1. Basic Requirements for Golden Savings Deposit, Current Account & Regular Deposita. Individual Client
    -2 Valid IDs
    -3 ID Picture preferably 2×2

    b. Juridical Entity
    – Duly Notarized Board Resolution
    – Certificate of Registration
    – General Information Sheet
    -2 Valid IDs of Signatories
    -3 ID Picture preferably 2×2 of signatories

Basic Deposit Account
*In the absence of Valid IDs, a document reduced in writing may be accepted but subject to further verification.
*One ID may suffice on certain circumstances

PhylSis ID may suffice when presented.

 

 


Regular Savings Deposit
An Initial Deposit of P100.00 shall be required from the depositor and shall be the minimum maintaining balance. Deposits shall earn interest at such rate determined by the Bank with a minimum of P500.00 and shall be subject to 20% with holding tax computed based on actual daily cleared balance compounded quarterly. All deposits are insured up to P500.000.00 per depositor as per PDIC Rules and Regulation


Basic Deposit Account
An initial deposit of P100 or less shall be required from the depositor with no maintaining balance. An average daily balance of P500 shall earn an interest at such rate determined by the Bank. No dormancy charges and deposit balance must not exceed P50,000.00.


Golden Savings Deposit
An initial Deposit of P15,000.00 shall be required from the depositor and shall be the minimum maintaining balance. These type of deposit has a variety of term from which the client can choose. Minimum term is 90 days up to 360 days but not more than 5 years. Interest of which will be computed based on the number of days used times the stipulated rate and subject to 20% passbook shall get an interest rate which is ¼ or 25% of the rate stipulated and those who withdraw after the ½ period but before the maturity date shall get half or 50% of the interest stipulated. All deposits are insured up to P500,000.00 per depositor as per PDIC Rules and Regulation