Checking account initial deposit and maintaining balance requirements.
Requirements for opening a checking account in metrobank.
The requirements for the startup account are that.
To open an account visit the nearest metrobank branch and bring one photo bearing id with your signature a well as your initial deposit.
Maximum deposit insurance for each depositor php 500 000.
At least two 2 valid id s one 1 valid id should bear a photo with your personal picture in the id such as school student s id company office id or government issued id s such as postal id voter s id driver s license id unified multipurpose id umid philhealth id senior citizen id etc.
Any deposits you hold above the limit are unlikely to be covered.
The business has an annual turnover of up to 2 million.
See our complete list of valid ids deposit and interest rates and fees.
This way you ll know if you lack some passbook requirements or can already open a new savings account.
What are the requirements to open a business bank account with metrobank.
Classic checking a special account for customers 60 and older.
No charge for online banking access.
No charge for telephone banking.
No charge for bill pay services.
The requirements for opening an account vary depending on which of the two business bank accounts you choose.
What are the requirements.
We re excited to be part of your financial journey.
Minimum deposit to open is 100 00.
Four free official checks or money orders each month after that 1 00.
How to get started.
How to get started.
Philippine deposit insurance corporation.
Once the requirements are complete visit the nearest metrobank branch where you live submit the required ids and docs accomplish the required account opening forms including the signature cards give the initial deposit.
See the list of rates for peso accounts and foreign denominated accounts below.
No charge for debit card.
We re excited to be part of your financial journey.
Your eligible deposits with metro bank plc are protected up to a total of 85 000 by the financial services compensation scheme the uk s deposit guarantee scheme.
The applicant is 18 or over.
Consider only checking accounts that you can afford to open and maintain.
Otherwise you might end up always falling below the required minimum balance and pay the corresponding penalty fee which can deplete the funds in your checking account.
Various rates and fees apply depending on the kind of account that you open.
1 box of standard wallet checks free each year.
See the complete list of valid ids deposit and interest rates and fees.
Requirements for opening a metrobank savings account.