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 considering to open a Metrobank account, you should prepare first all the requirements so when you go to the bank the processing of application will be fast. You can also consider enrolling your account to Internet banking, a good alternative for direct banking.
One good service offered by Metrobank is online banking. You need to enroll your bank account to this feature to be able to use this service. With online banking, you can pay bills online such as electricity and water bill, transfer money to other accounts free of charge and view statement of account easily.
The following guides outline the step-by-step procedures when opening a Metrobank account. You can stick to it for faster processing of your application.
1. Choose what branch will you going to open an account. Be reminded that you must select a branch near your house or work so it would be easily accessible in times you need to visit the bank.
2. Prepare all the requirements needed in opening a bank account.
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. Obtain your passbook or ATM card where you open a bank account after 5 banking days had passed. Remember to go to the bank during 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 likes blogging on investment and financial literacy. His articles include stocks, mutual funds, investing, saving and financial literacy. For more details on requirements on how to open a Metrobank Philippines account, please visit Financial Literacy site for more articles on saving and investing money.