subject: How To Apply For A Bank Account At Union Bank [print this page] In the Philippines, Union Bank is a partnership among Insular Life, Aboitiz Group and Social Security System of the Philippines.
In 2002 & 2003, the bank was recognized as among Asia's best companies by Euromoney and Finance Asia. UnionBank is also the country's only bank to make it to the list of the world's 25 soundest banks for four consecutive years by The Banker of London.
There will be no problem on banking with Union Bank because there are different ways you can do. Several ways to do banking wit them are online banking, mobile and telephone banking, ATM banking and banking directly to the bank.
Union Bank has various services and products that can be used by an individual, business firm or a corporation. The bank has remittance services, loans application, investment funds, savings and checking account, time deposit account and more.
Here are some tips on opening a new bank account at Union Bank. You can consider these tips before going to the bank.
1. Prepare all the necessary requirements such as two ID, two 1x1 photo, billing statement and money for initial deposit.
2. Open a new bank account to the branch near your residence so that it will be accessible to you. Select a branch that will be convenient to you.
3. After entering the bank, you can proceed immediately to the new account desk. Tell the bank officer that you want to open a new account.
4. Fill up all application forms and signature cards that will be handled to you.
5. Give to the bank employee all application forms, signature cards, requirements and the initial deposit for your new bank account. Usually, the initial deposit can range from P500- P10,000 depending on the type of your savings account.
6. When application is finished, get your passbook or ATM card to your branch after one week had passed.
Basically, opening a new bank account is not hard once you are prepared and you know the requirements and procedures. Union Bank can be one good choice to open a new bank account since it has may services you can't found in other Philippine banks.
by: Gily Tenorio
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