CURRENT ACCOUNT

Also known as checking account or demand deposit account. A non-bearing deposit subject to withdrawal by issuance of checks.
 
Eligibility Criteria

• Depositor for at least 6 months
• Legal age

Requirements


For individual

• Two (2) pcs. 1x1 ID picture
• One (1) pc. 2x2 ID picture
• One (1) photo-bearing valid ID

 For account using a business name

• SEC registration
• Business permit
• Article of partnership – for partnership business

 For Organization/Corporation

• Two (2) pcs. 1x1 ID picture of each signatories
• One (1) pc. 2x2 ID picture of each signatories
• One (1) photo-bearing valid ID of each signatories
• Secretary certificate (notarized)
• Article of incorporation and by-laws
• SEC registration
• Business permit

Note: ID pictures can be obtained at any Cantilan Bank branch for free using our webcam
Minimum initial deposit requirement and Average Daily Balance per month

• Individual  - Php 5,000.00
• Corporate/Organization – Php 10,000.00
• ATA Account (Automatic Transfer Arrangement) – Php 25,000.00

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