As we grow older, we don’t only think of the basic things that our families need in the meantime, we think of the future- on how we can provide more for the sake of giving them better lives.
Same goes for all OFWs that are risking their lives to work outside their country and give all their best efforts to earn more and give all the support that they can give to their families they’ve left behind.
We wouldn’t want all our efforts and hard works to go to waste, so most OFWs are always up to good investment tips in order to save their money and ensure their families’ future.
And it’s all thanks to Metrobank for opening their company to all OFWs who want to save money even if they are far from their country.
Now through their various programs that aim to show how they value and show how can OFWs’ feel that all their hard works are paying off, they can open Metrobank ATM savings account online and apply for OFW savings account.
Steps on How to Apply for Metrobank Savings Account
- Go to the nearest Metrobank Remittance Partner in your Country. Inform the bank officer that you’re going to open a savings account.
- Fill out the Account Opening Form and Deposit Slip for your initial deposit (P2,000 for ATM Savings)
- Submit the forms and other requirements to the bank officer for verification/validation
- Once you have your ATM card, the first thing that you need to do is to change your PIN at the ATM machine and you can start your banking transactions with your new Metrobank Savings Account.
What are the interest rates for Metrobank Savings Account?
| OFW ET (Electronic Teller) | OFW Regular | Type |
| Initial Deposit | 0.00 | 0.00 |
| Maintaining Balance | 0.00 | 0.00 |
| Balance to Earn Interest | 10, 000.00 | 10, 000.00 |
| Interest Rate | 0.250% | 0.250% |
| Below Maintaining Balance Fee | 0.00 | 0.00 |
| Withholding Tax | 20.00% | 20.00% |
What are the requirements on getting a Peso and Dollar Savings account?
| OFW Peso Savings Account | OFW Dollar Savings Account |
| Kinds: Passbook or ATM | Kinds: Passbook |
| Initial Deposit: Zero | Initial Deposit: Zero |
| Maintaining Balance: Zero | Maintaining Balance: Zero |
| Interest Rate: Interest earning of 0.25% per annum | Interest Rate: Interest earning of 0.25% per annum |
| Balance to Earn Interest: ₱10, 000.00 | Balance to Earn Interest: ₱500.00 |
| Conversion to Regular Account: If there’s no foreign inward remittance within 1 year/ 12 months from last remittance / date of account opening (if there is no valid remittance transaction for 1 year) | Conversion to Regular Account: If there’s no foreign inward remittance within 1 year/ 12 months from last remittance / date of account opening (if there is no valid remittance transaction for 1 year) |
| Account Opening Requirements: 1 Valid government – issued ID or Passport | Account Opening Requirements: 1 Valid government – issued ID or Passport |
Hi pwede po ba ako mag open ng OFW account kahit nasa United States of America ako ano po ang dapat kong gagawin?
HI Rocky & Edgardo,
I am in UAE, I got my OFW savings account thru one of the exchange centers.
applying it online, that I am not sure. After getting an account here in UAE I tried registering it online but it won’t let me. I just link it to my savings account that way I can transfer funds.
To Babylyn Mallari, ask your nearest money exchange centers or wherever you are sending your money, usually they have it.
As for me I got it in UAExchange.
How to link our new account to our savings account. I tried already. But not working for me.
OFW po ako…pwede po ba ako mg open ng account??
HI Rocky & Edgardo,
I am in UAE, I got my OFW savings account thru one of the exchange centers.
applying it online, that I am not sure. After getting an account here in UAE I tried registering it online but it won’t let me. I just link it to my savings account that way I can transfer funds.
To Babylyn Mallari, ask your nearest money exchange centers or wherever you are sending your money, usually they have it.
As for me I got it in UAExchange.
If you already have an existing online account just add your new OFW account so you could see your transactions, but you cannot use your OFW card in UAE, you must activate it first in any metrobank atm in Philippines.
How long it will take to activate
DEAR SIR/MAAM
OFW PO AKO (KINGDOM OF SAUDI ARABIA)…PEDE PO BA AKO MAG OPEN NG ACCOUNT ANO DAPAT GAWIN…
HI Rocky & Edgardo,
I am in UAE, I got my OFW savings account thru one of the exchange centers.
applying it online, that I am not sure. After getting an account here in UAE I tried registering it online but it won’t let me. I just link it to my savings account that way I can transfer funds.
To Babylyn Mallari, ask your nearest money exchange centers or wherever you are sending your money, usually they have it.
Dear Sir/Maam,
Nsa KSA po ako, Pano po mag open ng OFW savings account online?
Thank you.
HI Rocky & Edgardo,
I am in UAE, I got my OFW savings account thru one of the exchange centers.
applying it online, that I am not sure. After getting an account here in UAE I tried registering it online but it won’t let me. I just link it to my savings account that way I can transfer funds.
To Babylyn Malalri, ask your nearest money exchange centers or wherever you are sending your money, usually they have it.
0.25% per annum?
Do we have a better option? like Fix Deposits???
Ms. Lei,
Good day. It means we can’t check the status online, as you have mentioned you’re unable to registered it.
Saang branch sa kuwait pwde po akong mag open account for ofw..
DH po ako dito sa kuwait.sana po masagot agad
Hi Allen try to inquire at any metrobank remittance partner in Kuwait
Al Mulla International Exchange Co.
P.O. Box 177, Safat, 13002 Kuwait
Al Muzaini Exchange Co. K.S.C.C.
Al Mubarakiya, Saud Bin Abd Al Aziz Street,
P.O. Box 2154,
Safat 13022, Kuwait
san po aku pwede mag open dto sa doha qatar?i really want to save my money for the future
please help me to have a saving account…
pwede po ba aku mag open sa padalahan?
May dormancy period po ba ito? Kailangan hulugan every year or every six months?
Hi Darz, yes it has dormancy period of 2 yrs, you need to have transaction or else you will charge a dormant fee.
Hi ofw po ako tnung ko lng po pnu magopen savng acount sa bpi ur rcbc and2 po ako kuwait wlng dayof panu po un
Hi Angelie, since sabi mo wala ka day off mas ok na mag save ka na lang muna ng pera tapos pag uwi mo dun ka mag open ng savings account mo.
May metro bank n dito sa kuwait,san ba puede mag open san ba may branch.
Hi Ruby, try to inquire at any metrobank remittance partner in Kuwait
Al Mulla International Exchange Co.
P.O. Box 177, Safat, 13002 Kuwait
Al Muzaini Exchange Co. K.S.C.C.
Al Mubarakiya, Saud Bin Abd Al Aziz Street,
P.O. Box 2154,
Safat 13022, Kuwait
Gudpm po…ask ko lng po ung aswa ko po kc nsa korea ngayun bgo xa umlis nka pgopen xa ng ofw saving account sa poea i think 100php lng ung pgopen..nkaalis po sya dto nung nov.28 2017..nung nandun n po xa ndi nmn pala niya mggamit ung atm so balak po niyang ipdla dto sten..question, pwd ko po kea xang mgamit pra dun irecieve ung padala niya khit ndi pa niya nttry iopen un..by,feb 20,2018 ko mkukuha ung atm niya..
Hi Mary Ruth, as long as the account is active pwede naman, pero mas ok na i try mo muna ung ATM bago sya mag remit para sure.
Hi pede bang malaman kung pede kong hulugan ang atm ko kahit dala ko dto sa saudi ang atm ko? Ah nga pala nag open ako nung sept 2017 ofw savings acct yung ini open ko ok lang ba na hulugan ko yun gang 2years at ito ba ay d mawawala
Hi pwede naman as long as active pa ung account mo, ang ofw savings account dapat may remittance na pumasok at least one with in 12 month otherwise macoconvert ito da regular account.
hi po .. ofw po ako sa dubai .. nag open ako nang account last year month of september 2017 .. hnd ko pa siya nahuhulugan since na nagopen ako .. then balak ko siya hulugan this time .. palagy nyu po ba ok pa namn siyang hulugan ??? kht na di ko siya nahulugan nang matagal …
Hi Mary ofw savings account ba ung account mo? kung ofw account yan pwede pa naman kasi wala pa sya one year dapat may remittance na pumasok sa account mo with a year para hindi ma convert sa regular account.
Hi, poh, nag open poh ako Na ofw saving account sa Dubai year 2014 ,nahulugan ko poh hanggang, August, 2015, ngayon poh andto Na poh ako sa Singapore, gusto ko poh sana hulugan ulit pero 2yrs n poh n hnd ko nahulugan, pwde poh pa ba Na mahulugan pa ulit un? Ano poh ba dapat Kong gawin para mahulugan ko ulit ung ATM card ko?
Hi Sharon, check mo kung active pa ung account mo kung ofw account kasi yan maari na convert na sya sa regular account kung two years na walang remmitance. kung active pa maari mo pa yang hulugan.
hi po ms kaylee…
ask lng din po ako regarding sa topic na ito.
last week po hinulugan ko po ung ofw saving account ko, i think wala pa nman one year since the last time na nahulugan ko sya at nagamit but then when i checked today my account balance thru ATM rejected na po ung card ko.
tanong ko po, ung hinulog ko po ba napasok kaya sa account ko? at pano ko po ulit maaktivate ung account ko if ever na d na active?
Hi Mark, EMV chip card na ba ATM mo? baka kasi ung luma pa ung card, deactivated na talaga lahat ng lumang card na hindi EMV chp card, yup pumasok naman un sa account mo visit ka lang branch mo to replace the card.
Hi po,, ofw po aq .. gusto q sna mg open ng sriling acoount ang anak q but he is only 14.. puede po b xa mag apply ng sarili nyang account for remittances.. kc pag moneytrans po nkakatakot n my dla xa n cash ..d kgay s atm paunti unti lang ang kuha,,
Hi Marilyn that’s a good idea pwede na sya mag open ng remittance account nya sa any metrobank branch.
Good day Ms. Lei,
Ask ko lang po saan exchange po kayo nag open ng account dito sa UAE? May idea po kayo kung nag oopen ang UAE exchange or Al Ansari?
Hi Jay, both UAE exchange or Al Ansari are metrobank remittance partner just inquire if they have facility to for open account.
ask ko lang po kung pwede po bang mag open ng account kung nandito po ako sa grand cayman.
hi to all …ng open account po ako s pinas ng bank account..then binigay ko s parent ko ung passbook ko..at bumalik ako abroad..pinapahulogan ko nlng dun kht kunti..kya lng hnd nssunod ang montly n hulog…possible kyang deduct kan nila un ng service fee…pag hnd continue.
Hi Shylie, kahit hindi monthly nahuhulugan as long as nasa maintaining balance ung account walang deduction un.
Almost 3yrs n po akong d p nk uwi s pinas tapos nghuhulog ako s account ko mb every 3 mos now I try to make balance inquiry. Cancelled n daw pano n po yung n hulog ko dun s account ko
Hi Marites, pano ka nag inquire ng balance saka magkano ung balance sa account mo?
Sa Saudi Arabia Mayron po bang mertobank?
Hi Cassy, wala branch pero may mga remittance partner sila where you can invest and open an account.
Good day maam,tanong ko lang po jan.2018 kumuha po ako ng debit card di ko po sya mahulugan kasi walang number ang add.ng bahay namin na kaylangan ng bank sabi dun magpapadala daw ng letter kung wala akong matanggap di ko raw magagamit puwede ko po bang magamit ang card at palitan ang add thru online thanks!
Hi po ofw from kingdome Saudi Arabia, ppano po mag apply sa into ng savings account?
Hi, good day.. Ano pong gagawin ko if nakalimutan ko po yung password ng Savings card ko? Kinuha ko po ito nung nasa Pinas pa ako.. Ano pong procedure ang gagawin ko? TIA.
Hi Jomar you can only reset your PIN at your Metrobank branch
Pwed ko ba malaman kung lahat nang pera naihulog ko naipasok ba sa saving ko…..?
Hi Elvie ATM ba saving account check your balances of yout ATM, or you can request statement of account at your branch, but if you are OFW i suggest na pag uwi mo visit mo ung branch mo enroll mo ung account mo sa online banking or mobile banking para nachecheck at na momonitor mo ung account mo kahit nasa abroad ka,
hello po. pano po mag open ng account ngaun sa uae. kasi sabi s exchange hindi na daw po pwede.
Blessings to all.. tanong lang po maari po ba akong mag aplay ng ofw savings kapag kauwi lang galing ibang bansa. Or what if dna ako makabalik.. maari ko bang hulugan at magamit ito as personal savings incase mgakaroob na ako ng sariling pagkakakitaan jnside the country.. maraming salamat sa sagot.
1 year 5 moths already i did not inward remittance may account, is it close already?
hi, ask ko lang po, kasi andto ko sa taiwan and gusto ko magopen ung mama ko ng account sa metrobank ,pwde kaya un, ofw saving account ang iopen nea pero andun lang sya sa pinas tas ako nalang maghuhulog dun sa account
Hi po ask ko lang po san po bang ATM machine pde akong mag balance or withdraw dto sa Dammam SAudi ang gamit ko po ay metrobank ATM. Thank you
Check the ATM Machine If they have this logo: Mastercard, Maestro, Cirrus, Diners Club International, Discover, JCB, UnionPay and VISA. I hope this will help, Please let me know if you succeed for the transaction.
Hello po. Magkano.po ang maximum amount n pwede idiposit sa aking ofw peso account sa isang araw. Salamat po sa reply.