Checking Account

Basic Features:

PERSONAL COMMERCIAL
Initial Deposit P2,500.00 P5,000.00
ADB to Maintain P2,500.00 P5,000.00
Evidence of Deposit SOA & CHECKBOOK SOA & CHECKBOOK
Checkbook Cost P195.00 P195.00
Checkbook Re-order Fee P195.00 P195.00
Interest Rate NONE NONE
Below ADB Service Fee P300.00 P300.00
Dormancy Charge P30.00 P30.00

 

Basic Requirements:

INDIVIDUALS 1. At least one (1) valid ID’s such are:
New SSS/GSIS ID
Driver’s License
Company ID
School ID
Passport
PRC ID
Postal ID
Marriage contract (original copy)
Credit Card of a Reputable Company
License to Carry Firearms
Senior Citizen’s ID
OFW ID
Seaman’s Handbook
Barangay Certification
2. Two (2)copies of most recent 1 x 1 or 2X2 ID Picture.
3. Additional requirements for Foreign Nationals:
Alien Certificate of Registration
Immigrant Card / Certificate of Registration
Passport Issued by the country of origin
4. Proof of Billing

 

SINGLE PROPRIETORSHIP 1. Registration of Business Name with the Department of Trade (DTI)
2.Original Application for Registration.
3. Mayor’s Permit
4. Current & notarized special power of attorney if another person authorized to transact
5. Two (2) valid identification card of signatory/s
6. TIN of the company & signatory/s
PARTNERSHIP 1. Articles of Partnership
2. Certificate of Registration with the Securities and Exchange Commission (SEC)
3. Partnership resolution of authorized signatories
4. Two (2) valid identification card of all partners
5. Latest 1×1 picture of signatory/s
6. TIN of the company & signatory/s
7. Mayor’s Permit
CORPORATION 1. Articles of Incorporation
2. Certificate of Registration with the Securities and Exchange Commission
3. Corporate By-Laws
4. Latest general information sheet  (GIS)
5. Board Resolution duly notarized incorporating the following:
ü  Authority to open a bank account with SUN SAVINGS BANK
ü  List of officers authorized to sign and the nature and extent of such authority
ü  Election of Officers of the Current Year
6. Mayor’s Permit
7. TIN of each signatory
ASSOCIATIONS/COOPERATIVES 1. Certificate of Registration with the Cooperative Development Authority
2. Articles of Association/Cooperative
3. Constitution and/or by-laws
4. Duly notarized Board resolution incorporating the following:
ü  Authority to open a bank account with SUN SAVINGS BANK
ü  Designated Officers authorized to sign and the nature and extent of such authority
ü   Endorse or deposit cash/check items of the associations/cooperatives and withdraw funds
5. Mayor’s permit
6. TIN of each signatory