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Requirements to Open an Account


Please present the following to open an account at your preferred China Bank branch:

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
    • SEC License to do business/to operate in the Philippines
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