Personal Development, Finance and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
Success doesn't happen overnight. A goal without a plan is just a dream.
Don't fall for get-rich-quick schemes. It takes time and effort to build wealth properly.
The act of saving and investing money regularly will significantly change the way you live your life in the future. Stock Investing is one of the best financial instruments that will help you to reach your financial goal. Maybe your question is, how can I start investing in the Philippine Stock Market? Investing in the Philippine Stock Market is much easier now! With the help of an accredited online trading broker, you can start participating in the Philippine Stock Market. If you are looking for a stock trading broker, you may consider BPI Trade especially if you have already BPI Deposit Account.
How To Open An Account?
What is BPI Trade?
BPI Trade is the online stock trading platform of BPI Securities Corporation.
Who can open an account with BPI Trade?
All Filipinos of legal age, with TIN and BPI Deposit accounts can open a BPI Trade Online account.
Can foreigners open an account with BPI Trade? If yes, what are the requirements?
Yes, foreigners of legal age can open an account with BPI Trade as long as they can present the following along with the Account Opening form, FATCA and Signature Card:
I do not have a Deposit Account with BPI, can I still open an account with BPI Trade?
A BPI Deposit account is required to open a BPI Trade Online Account. You may visit any BPI Branch nationwide to open a BPI Deposit account before opening an account with BPI Trade. For the list of requirements to open a BPI Deposit Account, please visit www.bpiexpressonline.com.
Prepare the following requirements:
1. Complete the BPI Trade Online Application Form.
You can open a Joint Account up to four (4) members. Make sure that apart from the duly-signed online application form, applicants should submit one of the following forms per account holder:
We only see two (2) fields for account names, where does the other account holder input their application form details?
For joint accounts with 3 to 4 account names, you may request for the manual account opening form from the Client Relations or BPI Trade Applications team and ask for further instructions.
2. Download FATCA Questionnaire and fill out the required details.
For US Persons, download and fill out IRS Form W-9.
For Non US Persons with US Indicia (i.e. US. Place of Birth, US Resident/Mailing Address, US Telephone Number, Standing instruction to transfer funds to an account maintained in the US, and/or Power of Attorney or Signatory Authority granted to a person with US Address; or “in care of” or “hold mail” address), download and fill out IRS Form W-8BEN.
3. Print and fill-out the following BPI Trade Account Opening Forms.
4. Bring the following requirements to your BPI and/or BPI Family Bank Branch. Please note that you have to be an existing BPI and/or BPI Family Bank account holder to register with their online trading facility.
Acceptable proof of identification are:
For clients within the Philippines:
a) Sign forms in the presence of the Branch Officer, and request Branch Officer to verify your signatures.
b) Give completed, signed and verified forms, together with a photocopy of at least one (1) acceptable ID to the BPI and/or BPI Family Bank officer.
c) BPI and/or BPI Family Bank will take care of sending the forms to BPI Securities Corporation.
d) IMPORTANT : Do not send your initial investment at this time.
e) As soon as they receive your documents, they will notify you by email on how to fund or deposit to your account.
For clients outside the Philippines:
a) Request your Branch officer to signature verify your documents. Costs for signature verification, if any, shall be for your expense.
b) Mail all documents to :
d) As soon as they receive your documents, they will notify you by email on how to fund or deposit to your account.
5. To check the status of your BPI Trade account opening request, you may send an e-mail at email@example.com, or you may call them at the following numbers: 816-9782, 816-9697, 816-5617 or 816-9189 during Mondays to Fridays between 8:30 AM to 5:30 PM.
To get more information about BPI products and services
Call BPI Trade Client Relations Hotline Numbers:
816-9189 | 816-9724 | 845-5617 (Mon-Fri 8:30AM to 5:30PM)
Call BPI Trade’s Applications Hotline Numbers:
816-9697 or 816-9782
Operating hours is from Monday to Friday, 8:30 AM to 5:30 PM (except weekends and holidays)
Through Express Phone Banking:
Within Metro Manila: 89-100
Domestic Toll Free: 1-800-188-89100
International Number: +63+2+89+10000 (to speak to a 24-hour Phone Banker)
To learn more about the Bank of the Philippine Islands, visit www.bpiexpressonline.com.
For more updates about
Personal Development, Financial and Investment Education. Join and Subscribe to my Newsletter.
ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.