Procedures On Opening A PSBank Savings Account
Philippine Savings Bank, commonly known as PSBank, is a savings bank based in the Philippines. PSBank is a part of BancNet, a Philippine-based interbank network joining the ATM networks of more than forty local banks. It is also a subordinate of Metrobank that caters basic services like Internet, phone and mobile banking.
When applying for a PSBank savings account, it is more fitting to prepare all necessary requirements before coming to the bank. In carrying out this so, you can apply a bank account without difficulty and no hassles.
When applying for a new PSBank savings account, you can adhere to the following directions to experience an effortless transaction on handling of your new account.
1. Select first which branch will you open a new savings account. It needs to be near your apartment or place of work.
2. Prepare all requirements when applying PSBank savings account to have hassle-free processing of your application. You should bring the requirements such as statement of billing, two 1×1 photo ID and two valid ID.
3. Prepare your cash for the first deposit of your new savings account. The normal primary deposit for passbook and ATM savings account is P5,000 and P2,000, respectively. For peso checking account, the initial deposit for new bank account would be P5,000.
4. When you arrived at the bank and you are indoor, go directly to the new account desk where you should inform the bank attendant that you are going to apply a new bank account. He or she will give you an application forms and signature cards. You must fill it up completely with the required details.
5. Give the initial deposit together with the application forms and requirements to the bank employee for checking and processing.
6. Claim your ATM or passbook after 3-5 banking days had passed or you can ask to the bank attendant when it will be available to be sure. You can also give authority to other person to claim your ATM or passbook, just make authorization letter and duplicate of your IDs.
PSBank has many branches all over the Philippines so it will not be difficult to come there and apply for a new bank account. You should bring all requirements when you like to apply a new savings account at PSBank. Ensure you will not neglect to bring it.
Gil Tenorio is a personal finance blogger who likes writing on financial literacy, saving, investment, stocks, mutual funds and make money online. To get helpful information on how to open a bank account at PSBank, you can go Financial Management blog for more knowledge on saving, investing and make money online.
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