The increase in the prices of the commodities here in the Philippines just seems unstoppable; and it looks like every single thing we buy is just getting more and more expensive. It is the reason why saving money is now more important than ever. And one of the best ways to save is by putting it in a savings account.
One of the largest and the most trusted banks today of many Filipinos is the Metropolitan Bank and Trust Company or popularly known as Metrobank. For many years, it has been of service to the Filipino people through its wide variety of financial products and services that are designed to answer and meet anyone’s need financially.
If you have a savings account with Metrobank, you will be guaranteed fast and easy transactions, and if you want to know how to open one, read the steps below.
1. The requirements for opening a Metrobank savings account are very easy. First, you just need to secure 2 valid ID’s, and they can be your school or company ID, NSO birth certificate, Postal ID or voter’s ID, Barangay or Police Clearance, Passport, Driver’s License, SSS or GSIS ID, and other IDs that is issued by the government.
These IDs should be an original copy and the photo should be clear, they should not be expired and officially issued by an authority.
As for the initial deposit, you need to prepare for 2,000 pesos for opening an ATM account and 10,000 pesos for opening a passbook account. Lastly, you will also have to prepare for 2 pieces of 1×1 or 2×2 ID pictures.
Read also: How to Open BPI Savings Account
2. The application process is just easy. You just have to go to the Metrobank branch near you, and you have to proceed to the New Accounts section. You will be required to fill out application forms and make sure that all information are true and correct. The officer will then encode your information, and you will be provided with a deposit slip or a receipt indicating your account number.
3. Your ATM card will be ready in 5 business days. If you have applied for a passbook account, it should be ready right away after submitting your requirements and after your account has been created.