How To Open A Bank Account
In The Philippines While Abroad?
Can you open a bank account in the Philippines while abroad?
Yes, you can open an OFW savings account with the following bank
You can do this through their oversees branches, desk offices in
tie-up banks and remit offices in your country of work.
It seems that if a Philippine bank has no branch abroad, then
you can not open a savings account while abroad.
For example in Egypt, there is no branch of any Philippine bank so
one can not open a Philippine bank account there.
What Philippine bank can you open a bank account while abroad?
BPI Direct Savings Bank
BPI Direct Savings Bank is a wholly-owned subsidiary of Bank of
the Philippine Islands.
1. Only BPI Direct deposit accounts can be opened online.
2. You need to complete the new account opening application
process at the most convenient BPI branch which you will
nominate. That branch is where you will also get your ATM
3. At the branch which you nominate, you will be asked to sign
your signature card with deposit terms and agreements and
make your initial deposit.
4. BPI Direct Savings Bank in its website said that it is
devising ways to allow clients abroad like OFW to open bank
account through the Internet and making it paperless as