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How To Apply An Union Bank Account


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Union Bank of the Philippines is an universal bank established from the partnership of Social Security System, Aboitiz Group and Insular Life.

Euromoney and Finance Asia cited Union Bank as among Asia's best companies for the year 2002 and 2003. It is also acknowledged by The Banker of London and the Philippines' only bank to make it to the list of the world's 25 best banks for four continous years.

By applying an Union Bank account, you can transact in various means most accessible and advantageous for you. You can do banking by going to your bank directly, via ATM machine, anywhere banking or Internet banking.

Union Bank of the Philippines has various products and services catered for all people, it can be for personal, business or corporate use. Its services include the following such as bank account, remittance products, loans, investment funds, time deposit and checking account.

Here are various guidelines on opening a new bank account at Union Bank. You can bear in mind these tips prior visiting to the bank.

1. Ready all the necessary requirements like as two ID, two 1x1 photo, billing statement and money for beginning deposit.

2. Select and visit the Union Bank branch of your choice. Select the branch easily accessible and most appropriate for you to go.

3. Upon entrance at the bank, come directly to the new account counter. Notify the bank officer you want to apply a new savings account.

4. Complete all application forms and signature cards that will be handled to you.

5. Give to the bank employee your application forms, requirements, beginning deposit and signature cards for your new savings account. Normally, the initial deposit costs somewhere from P500-P10,000 depending on the kind of your account.

6. If your new savings account is accepted, return to the branch after 5 banking days to get your ATM card or passbook.

Opening for a new bank account is not that really difficult if you know what are the requirements and primary procedures. In the Philippines, Union Bank is one acceptable alternative to apply a new bank account because it has several services the other banks don't have.
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