One of the requirements in getting a housing loan is a checking account.
Here are some banks in Davao we recommend for easy opening:
AUB – Bajada (221-9757)
Regular checking account
Opening/Maintaining Balance: ₱10,000
Booklet: ₱165 per booklet with 50 checks
Requirements: 3 government-issued IDs and proof of billing
Processing: Within the day
PBB – Sales (222-4281)
Checking account
Opening/Maintaining Balance: ₱2,000
Booklet: ₱185 per booklet with 50 checks
Requirements: Referral letter (if no referral, for CI and approval within the day), 2 government-issued IDs, 2×2 picture (2 pcs.), TIN card, proof of billing (barangay cert. if no proof of billing)
Processing: Within the day
Eastwest – Sales (221-0436)
Opening/Maintaining Balance: ₱5,000 regular checking account / ₱1,000 basic checking account (25 pcs. checks)
Booklet: ₱185 per booklet
Requirements: Referral letter (if no referral, for CI and approval within the day), 2 government-issued IDs, 1×1 picture (3 pcs.)
Processing: 2-3 banking days
Chinabank – Bajada (221-0319)
Checking account
Opening/Maintaining Balance: ₱5,000
Booklet: ₱165 per booklet with 50 checks
Requirements: 2 government-issued IDs, 2×2 or 1×1 picture (2 pcs.)
NO REFERRAL LETTER NEEDED BY DEFAULT
Processing: Within the day
Enterprise Bank – Buhangin (225-8892)
Checking account
Opening/Maintaining Balance: ₱3,500
Booklet: ₱250 per booklet with 50 checks
Requirements: 2 government-issued IDs, 2×2 picture (3 pcs.), proof of billing
Processing: 2-3 banking days
PS Bank – Madrazo/Quirino (222-4280)
Regular checking account
Opening/Maintaining Balance: ₱10,000
Booklet: ₱165 per booklet with 50 checks
Requirements: 1 primary ID, 1 additional ID, 2×2 picture (3 pcs.), proof of billing
Processing: Within the day