Requirements for Opening a Basic ATM Savings Account in EastWest Bank

I’ve been planning to open a new savings account, last month. But I got so busy and totally forgot about it. Luckily, I got a little extra time today to go out and decided to inquire at EastWest Bank for the requirements. I intended to open a basic ATM savings account only since I already have a passbook savings account from another bank, which I am very happy with.

Why EastWest and not open the same savings account with ATM in One Network Bank, you ask? Well, EastWest has an online banking facility where I can track my finances while ONB don’t. I guess you get my point.

When I got in EastWest Bank branch near me, I liked that they are not crowded. After asking the requirements, I applied right there and then. The application was fast, the whole process was done in thirty minutes or less, depending on how fast you can fill up the form.

Opening a Passbook Savings Account in One Network Bank

Last August 16, I decided to open a savings account in One Network Bank. One Network Bank is a rural bank of BDO. Even though I have an existing ATM savings account in another bank, I pushed myself to open a new savings account with passbook in another bank.

I really wanted to be financially stable. To achieve that, the first thing I learned is to list down all my expenses so I can identify later on which of my expenses is not necessary. After doing that for a couple of months, I figured out that I've been spending money on useless things. Later on, I learned to save money.