Union Bank allows eligible individuals to open a personal savings account online or in-branch with a valid government ID and minimum deposit. The process typically takes 15–30 minutes once documents are ready.
How to Open a Personal Savings Account in UnionBank
Gather two valid IDs (passport, driver’s license, or PhilID), proof of address, and an initial deposit that meets the account tier. Complete the application form online through the UnionBank website or app, or visit any branch. Submit documents for verification, then fund the account to activate it.
Comparison of account opening requirements and digital onboarding options among major Philippine banks.
How to Open a Personal Savings Account in Landbank
Prepare the same core documents plus a barangay certificate if requested. Visit a Landbank branch, fill out the savings account application, and deposit the required minimum. Online pre-registration is available through the Landbank iAccess portal before branch confirmation.
How to Open a Personal Savings Account in BPI
BPI offers both branch and digital onboarding via the BPI Mobile app. Submit one primary ID and one secondary ID, complete the e-KYC process if applying online, and deposit the minimum opening amount. Accounts are usually activated within one business day.
How to Open a Personal Savings Account in BDO
BDO requires two government-issued IDs and a minimum initial deposit. You can start the application at a branch or through BDO’s online banking enrollment after visiting once for verification. Some accounts allow video KYC for faster setup.
Why It Matters
Choosing the right savings account affects fees, interest earnings, and access to digital tools. Matching the bank to your expected balance and transaction habits helps avoid unnecessary charges and keeps funds accessible for everyday or emergency use.
How to Choose and Open the Right Account
- Compare minimum deposits and monthly fees across UnionBank, Landbank, BPI, and BDO.
- Decide whether you prefer fully digital onboarding or in-branch support.
- Prepare the required IDs and proof of address in advance.
- Apply through the preferred channel and confirm activation by checking the account balance or receiving a welcome message.
| Bank | Minimum Opening Deposit | Digital Onboarding | Key Strength |
|---|---|---|---|
| UnionBank | Varies by tier | Yes (app/web) | Strong mobile features |
| Landbank | Low | Limited | Government-backed stability |
| BPI | Moderate | Yes (app) | Wide branch network |
| BDO | Moderate | Partial | Extensive ATM coverage |
FAQ
Can I open a Union Bank savings account without visiting a branch?
Yes, UnionBank supports online and app-based applications for eligible customers who can complete digital verification with valid IDs.
What documents are needed to open a savings account at any of these banks?
All four banks require at least one or two government-issued photo IDs; some may also ask for proof of address or a barangay certificate depending on the account type and applicant profile.
Is there a minimum balance I must maintain after opening the account?
Each bank sets its own maintaining balance; falling below it usually triggers a monthly fee, so review the specific account terms before applying.
Last updated: September 14, 2026