If you are interested in knowing China Bank Savings account requirements, then here is a guide.
Kindly exercise and read through as it contains what you exactly need.
China Bank in the Philippines has become one of the choicest banks for many Philippine nationals due to the unending banking and retail services they provide customers.
China Bank has many savings accounts to satisfy everyone who wishes to bank with them.
However, you cannot open a savings account at their brick or online if you don’t know the account requirements.
China Bank Savings Account Requirements
The following are the basic requirements to open a Savings account at China Bank:
- Present a copy of a valid national ID bearing your photograph
- Two passport size photographs
- Residential address
- Minimum initial deposit
- Completed account opening form
Kindly visit this link to find out the additional requirements https://www.chinabank.ph/personal.aspx?title=Requirements+to+Open+an+Account.
How To Submit The China Bank Account Requirements
Depending on the avenue you are using to open the savings account with China Bank, whether online or at the banking hall, you are still required to submit some documents at the bank hall.
If you need to visit the bank to complete the account opening process, your requirements will be requested at the bank.
Difference Between Savings And Joint Account
Though China Bank joint account works exactly like the Savings account, there is a slight contrast.
At China Bank in the Philippines, a Savings account is owned by one individual, whereas Joint account ownership is shared between two individuals. This difference lies in the number of signatories.
This means that Joint account transactions and decision-making governing the account always depend on the two individuals operating the account.
For more information on China Bank account requirements, kindly visit https://www.chinabank.ph/personal.aspx?title=Requirements+to+Open+an+Account.
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