With the convenience that technology offers us and the restrictions from the Covid-19 pandemic still on the rise in the country, more and more local banks are inviting previous and future customers to open accounts online. This allows you to take advantage of the many benefits you can get from opening an account through a physical office and online.
How Fast Can You Open An Account Online?
In less than 5 minutes, if all the needed information is ready. You’ll even be surprised how fast it can be. So now, if you’re prepared to open your digital banking system, here’s what you’ll expect.
Security
BPI is one of the trusted local banks in the country. It has tough security features to ensure all your transactions are protected through its verification process. With the OTP (one-time pin), transactions will only push through if you allow it.
It also comes with multiple notification features, both sending through your registered number and email.
Convenience
Need we say you can do almost everything without moving out of the house? From paying bills, sending or receiving money, and even investing! It also comes with a mobile application for an extra layer of comfort on your end.
Contactless process
Submit all the needed requirements, and you’ll get verified quickly. Imagine opening your online account while in your pajamas, gardening, or binge-watching?
Quick
It will take only a few minutes before your account is all set and working.
Here’s your quick guide:
Getting started with a new online bank account
Tap “Open an account” in the BPI Mobile app.
BPI Online is available to all existing clients
1. If you are ready to open an account now, click “I’m ready to log in to BPI Online.”.
2. Enter the username and password that you use for BPI Online.
3. Pick the currency in which you would like to open the account.
4. Tap “Next” after selecting the product.
5. Ensure that you understand and agree with all the terms and conditions.
6. Tap “Confirm” when you are finished verifying the transaction details.
7. Tap “Submit” after entering the One-Time PIN (OTP).
8. Funds need to be deposited via funds transfer before 10:00 PM the same day as opening the account (for a peso account).
Existing BPI Online clients who haven’t yet signed up for the service
1. To proceed, click on “I would like to register to BPI Online and create an account right away.”.
2. Register at BPI Online by following the instructions provided on the mobile app or browser login instructions.
3. Ensure that your desired balance will be deposited by funding the account through an online funds transfer by 10 pm on the same day you opened it (for peso accounts).
Who can open a BPI online account?
- This feature is open for active BPI clients with deposit accounts and plans to enroll in digital banking solutions.
Where should you open your online account?
- You can enroll via the mobile application or through your PC’s browser. Just go to the website and open an account.
Keep in mind that there is always a maintaining balance to keep your account working. You can create a regular savings account and the US dollar savings account.
If you already have an existing BPI account, you’ll need to register to use it online. The steps are pretty straightforward and just follow them correctly.
To identify your account number, you can find it in the “my Accounts” section, and you’ll see your account number there after a successful process of opening your online account.
To keep your account safe, remember the following:
- Never share sensitive information with anyone, especially your account username and security password.
- Take extra precautions when you open or access your account in public.
- Keep in mind that bank staff will never ask for your information, especially your password or username.
- Avoid frauds and phishing emails that pretend to be from BPI or other banks checking for your sensitive details and credentials. Inform the bank immediately.
Thoughts
There are plenty of benefits you can get when you enroll online and use this feature. From paying bills to sending or receiving money, the possibilities are endless without the need to leave the house. If you’re not enrolled yet, follow the quick instructions above!
