Guide On Applying For A MetroBank Account

Posted September 3, 2010 – 7:04 am in: Loans
     

Metrobank is a popular bank in the Philippines because of its numerous branches across the country. It has been chosen as one of the best remittance banks where Filipinos abroad send in their money to the Philippines

One advantage of Metrobank to other Philippine banks is that it has branches in other countries such as in Europe, Middle East, USA, Canad and Korea. In the Philippines, it has also numerous branches spread all over the country. Metrobank offers different means of banking like online banking, banking directly to your bank, mobile and ATM banking.

When applying for a savings or checking account in Metrobank, it is better to bring complete requirements for faster approval and to avoid hassles. It is also advisable to apply online/Internet banking at the same time when you apply for account.

Online banking is a good feature offered by many banks since it will give you access to your account anytime, anywhere as long as there is an Internet connection. Another benefit is that you can pay your bills online if you have online banking account.

In opening a savings or checking account in Metrobank, you need to follow the following tips for quick processing.

1. Decide first what branch will you going to open an account. This step is very important because when the time comes you need to go to your bank, it will be easier for you to visit your branch if it is near your residence or place of work.

2. Ready all the needed requirements before going to the bank. Make sure you have the complete requirements.

3. Bring money for the initial deposit usually ranging from P500 to P10, 000. It is advisable to have an initial deposit equal to the maintaining balance of your account.

4. Upon entering the bank, go directly to the new account desk. Inform the bank officer you wish to open a new bank account. Several forms will be given to you, fill it up with the required data. Always ask when you don’t know what to do.

5. When you are finished filling up all forms, handle your initial deposit together with the application forms and signature cards to the bank employee for checking and processing.

6. Claim your ATM card or passbook after 5 banking days which you can get at banking hours from 9am to 3pm.

Metrobank has many products and services that cater to all people, locals or foreigners. It has a wide range of services including loans, remittances, savings and checking account and other more. When considering to apply for a bank account, you need to bring all requirements.

Gily Tenorio loves blogging on personal investment and financial literacy. His posts include stocks, mutual funds, investing, saving and financial literacy. For more information on requirements on how to open a Metrobank Philippines account, please visit Financial Literacy blog for more posts on saving and investing money.