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FAQs

Frequently Asked Questions. Choose from categories below to assist your queries.

  • QWhat products do you offer?

    a. Welcome Time Deposit

    b. Welcome Premium Time Deposit

    c. Welcome Prepaid-Interest Time Deposit

    d. Welcome Savings

    e. Welcome Checking - Personal

    f. Welcome Checking - Corporate / Business

  • QHow to open an Account?

    a. Visit any Welcome Bank branches at Head Office Branch in Ortigas, Alabang Branch, or Cebu Branch-Lite.

    b. Bring your Philsy ID/National ID or at least (2) two valid ID's

    c. Prepare the initial minimum deposit

  • QWhat documents do I need?

    For Individual

    a. 2 valid government issued IDs

    b. Billing statement for the verification of address

    c. ID picture

    For Sole Proprietorship

    a. 2 valid governement issued IDs

    b. DTI CERTIFICATE

    c. Copy of DTI application

    d. Billing Statement

    e. ID picture

    For Partnership

    a. 2 valid government issued IDs of each partner

    b. Partnership Resolution

    c. ID picture

    For Corporation

    a. 2 valid government issued IDs of each authorized signatories

    b. SEC registration

    c. By-Laws

    d. Articles of Incorporation

    e. Board resolution assigning the authorized signatories

    f. ID picture of each authorized signatory

  • QWhat are your acceptable IDs?

    * Passport

    * Driver's License issued by Land Transportation Office

    * Professional Regulations Commission (PRC) ID

    * National Bureau of Investigation (NBI) clearance

    * Police clearance with dry seal of PNP

    * Philippine Postal ID

    * Voter's ID

    * Barangay Certification (with dry seal from the barangay where it was issued)

    * Government Service and Insurance System (GSIS) eCard

    * New Social Security System (SSS) ID

    * Overseas Workers Welfare Administration (OWWA) ID

    * Overseas Filipino Workers (OFW) ID

    * Seaman's Book

    * Alien Certificate of Registration (ACR)/Immigrant Certificate of Registration (ICR)

    * Government Office and GOCC ID (e.g. Armed Forces of the Philippines - AFP, Home Development Mutual Fund - HDMF)

    * Integrated Bar of the Philippines (IBP) ID

    * Certification from the National Council for the Welfare of Disabled Persons (NCWDP)

    * Department of Social Welfare and Development (DSWD) Certification

    * Company IDs (issued by private entities or institutions registered, supervised or regulated by BSP, SEC or IC)

    * Green Card (issued by US Immigration and Naturalization Service)

    * Foreign IDs with picture (issued by the government of the country of origin)

    * Locally issued credit cards (current with picture)

    * Firearms License with picture

    * Tax Identification Number (TIN) card - card type with picture

    * Investment ID card signed by the Department of Foreign Affairs (DFA)

    * For Students who are not yet of voting age - school ID (duly signed by the principal/head of school together with registration form)

    * Philsy ID or National ID