Carousel

Sponsored Links
SEARCH THIS SITE
JBSOLIS is a site for overseas Filipino workers, health and insurances, OWWA, PAG-IBIG, bank and cash loans, foreclosed properties, small house designs, local and overseas job listings.
Advertisement

Saturday, May 19, 2018

Make Your Money Grow With Chinabank Overseas Kabayan Savings!


Advertisement


One of the best banks in the Philippines that offers a good option to Overseas Filipino Workers (OFW) is the Chinabank through its Overseas Kabayan Savings. By opening this savings account, you can start saving money for your future or retirement as OFW at the same time, send money to your family in the Philippines. Having a savings account for OFWs is very important because working abroad is not permanent.  So, what are the features of Chinabank Kabayan Savings?  No initial deposit No maintaining balance ADB to earn interest P1,000 Interest rate 0.25% p.a ATM card  What are the basic requirements when opening the account?  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.  Aside from the above-mentioned benefits of opening a Chinabank Kabayan Savings, you can also ask the bank to send you your monthly statement of account. This is optional but you can request so that you can track your transactions. You can also access your account through branch ATMs, TellerPhone, China Bank Online or BancNet POS.
One of the best banks in the Philippines that offers a good option to Overseas Filipino Workers (OFW) is the Chinabank through its Overseas Kabayan Savings. By opening this savings account, you can start saving money for your future or retirement as OFW at the same time, send money to your family in the Philippines. Having a savings account for OFWs is very important because working abroad is not permanent.

Sponsored Links

So, what are the features of Chinabank Kabayan Savings?
  • No initial deposit
  • No maintaining balance
  • ADB to earn interest P1,000
  • Interest rate 0.25% p.a
  • ATM card
What are the basic requirements when opening the account?
  • 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.


Aside from the above-mentioned benefits of opening a Chinabank Kabayan Savings, you can also ask the bank to send you your monthly statement of account. This is optional but you can request so that you can track your transactions.

You can also access your account through branch ATMs, TellerPhone, China Bank Online or BancNet POS.


For more information, you may visit the nearest China Bank in your area!

SEE MORE:

Overseas Filipino Workers (OFWs) need to save while earning big from working abroad. As OFWs, saving money for an emergency, for our family's future or for our retirement is important. Opening a savings account in a bank that you trust and gives value to your money will inspire you to save more. Bayani OFW Savings from Sterling Bank of Asia is a savings account that comes with no maintaining balance and for as low as P2,000 pesos in your account, your money with grow with interest.

For minimum wage earners, there are times that it is hard to apply for a loan even in government financial institution, how much more in private. If you are receiving around P10,000 a month salary, it is really hard to apply for a loan, since your payslip is number one requirements to know your capacity to pay.
Will you apply for this work just in case the Philippines will lift the ban on Filipino domestic workers in the United Arab Emirates? According to Philippine Overseas Employment Administration (POEA), Administrator Bernard Olalia there is a possibility that the imposed ban will be lifted soon.
©2018 THOUGHTSKOTO