Banco de Oro or BDO may be the largest bank in the Philippines.
With multiple branches and a large ATM network nationwide, many people consider BDO when opening a personal savings account.
If you have been thinking of opening your own savings account at BDO, here are some details you may want to know.
Guide to Opening a new BDO Savings Account
1. Make sure you have the following REQUIREMENTS.
Two (2) Valid IDs– Should be a government issued ID with photo- Examples: Philippine Passport, SSS ID, Voter’s ID, Driver’s License, Postal ID, PRC ID, etc…
Utility Bill – as proof of billing. If the bill is not under your name, you may still present it as long as you are living on the same address
2×2 Photo – 2 copies of latest photo
Initial Deposit Amount
Peso Passbook Savings (with or without ATM) Php 5,000.00
Peso ATM Debit Card (without passbook) Php 2,000.00
Application form – you can ask this from the bank teller
2) SUBMIT the form and requirements to your preferred branch.
3) WAIT for your ATM or Passbook to be released – this may take at least a week before it becomes available for you to claim it.
4) After you get your ATM or Passbook, don’t forget to ENROL to the BDO MOBILE or INTERNET BANKING so you may conveniently monitor and manage your savings account.
Answers to FAQs
BDO SAVINGS INTEREST RATES
The Gross Interest Rate Per Annum for BDO Passbook or ATM accounts is 0.25%. To earn interest, your account must maintain the following Minimum Balance:
Peso Passbook Savings – Php 10,000.00
Peso ATM Debit Card – Php 5,000.00
BDO MAINTAINING BALANCE
Note that there is also a MINIMUM Balance you need to maintain on your BDO Savings Account monthly to not be charged an extra fee. Here are the BDO Monthly Average Daily Balance:
Peso Passbook Savings – Php 10,000.00
Peso ATM Debit Card – Php 2,000.00
If your account falls below the stated amounts for two (2) consecutive months, a Falling Below Minimum Balance Fee will be collected which is Php 300.00.
BDO BANKING HOURS
Mondays to Fridays 9:00 AM to 5:30 PM. Branches inside the malls may operate up to 7:00 PM and may also be open even on weekends.
Note that BDO’s terms and policies may change at any time.
For general inquiries, you may call the BDO Customer Contact Center at 631-8000 or visit your preferred BDO Branch.
If you are looking for the info on how to open a BPI Savings Account instead, check this PAGE.
Hi,I’m jerom CAYLAN,,I want to open bank account in BDO,,its my first time to open BDO account,.what is your requirements to open bank account,??how much for a payment to open bank account??.Is this BDO bank account for international or local only….??.can you give me a steps on how to open bank account??.thank you?.
Hi, Jerom. The requirements, initial deposit required and steps on how to open a new BDO account are all detailed on the post above. Kindly read through the article.
Pwede ba ang voters certificate ?? Kc wala pa yung voters id ko
haii po i want tu apply an savings acc but my ids is only TIN ID , PHILHEALTH . AND SCTY LISCENSE
im asking this is valid for applying ang savibgs acc
Hi asked ko lang but yung sakin passbook with atm wala bang interest yun? Tuwing nagbabalance kasi ako wala. 25% n sinabi sakin
Hi how i want to open Bdo acct but im here in Singapore any recomendation to do it online thanks
Can accept student ID to register
Paano mag open acc. Sa passbook anu po mga kakailanganin at magkanu po ang pwede ideposit sa passbook