Requirements to Open an Account

Requirements to Open an Account

Basic Requirements

 Two (2) 1x1 ID Pictures
 Original/s and clear copy/ies of at least one (1) of the following valid IDs*:
Passport
Driver’s License
Professional Regulations Commission (PRC) ID
National Bureau of Investigation (NBI) Clearance
Police Clearance
Postal ID
Voter’s ID
Barangay Certification
Government Service and Insurance System (GSIS) e-Card
Social Security System (SSS) Card
Senior Citizen Card
Overseas Workers Welfare Administration (OWWA) ID
Overseas Filipino Worker (OFW) ID
Seaman’s Book
Government Office and GOCC ID [e.g. Armed Forces of the Philippines (AFP), Home Development Mutual Fund (HDMF) IDs]
Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
Department of Social Welfare and Development (DSWD) Certification
Integrated Bar of the Philippines ID
Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC
School ID, duly signed by the principal or head of the school (for students who are beneficiaries of remittances or fund transfers who are not yet of voting age)
*Please note that China Bank may require you to present additional IDs to establish and verify your identity.
Additional Requirements
For Aliens and Non-residents to establish residency and for positive identification
Passport
Alien Certificate of Registration / Immigrant Certificate of Registration (ACR/ICR)
Contract of employment (for citizens only)
For Business Name / Sole Proprietorship Accounts
Certificate of Registration of Business Name with DTI
Application for Registration with DTI
Special Power of Authority (SPA) if the signatory is other than the owner of the business
Certificate of Tax Exemption / Preferential Tax Treatment (if exempt from withholding tax)
For Partnership Accounts
SEC Certificate of Registration
Articles of Co-Partnership
Partnership Resolution or Agreement duly notarized, designating the following:
China Bank as its depository bank
Authorized signatories
Certificate of Tax Exemption / Preferential Tax Treatment (if exempt from withholding tax)
For Domestic Corporate Accounts
SEC Certificate of Filing Articles of Incorporation
SEC Certificate of Filing Articles of By-Laws
Articles of Incorporation and By-Laws
Board Resolution duly certified by the Corporate Secretary, designating the following:
China Bank as its depository bank
Authorized signatories
Certificate of Tax Exemption / Preferential Tax Treatment (if exempt from withholding tax)
For Foreign Corporate Accounts
The following documents authenticated by the Philippine Consul:
Articles of Incorporation
By-Laws
Board Resolution duly certified by the Corporate Secretary, designating the following:
China Bank as its depository bank
Authorized signatories