Smart Checking

Settling your financial obligations can be simple and effortless with BDO.

BDO Smart Checking Account gives you the benefits of a Peso Checking Account while allowing your funds to earn interest. It comes with a BDO EMV Debit Card to give you access to ATMs.

You have the option to open an account with an Electronic Statement of Account (e-SOA) or a passbook. Both offer helpful ways in monitoring your transactions.


FEATURES Statement Passbook(5)
Minimum Initial Deposit

Php 15,000.00 (Personal)

Php 25,000.00 (Business)

Php 25,000.00 (Personal)

Php 50,000.00 (Business)

Minimum MADB Requirement (1)

Php 15,000.00 (Personal)

Php 25,000.00 (Business)

Php 25,000.00 (Personal)

Php 50,000.00 (Business)

Minimum Balance to Earn Interest

Php 15,000.00 (Personal)

Php 25,000.00 (Business)

Php 25,000.00 (Personal)

Php 50,000.00 (Business)

Gross Interest Rate Per Annum 0.0625% 0.0625%

(1) MADB – Monthly Average Daily Balance


FEES & CHARGES Statement Passbook
Account Closure (2) Php 300.00 Php 300.00
Falling Below Minimum Balance (3) Php 300.00 Php 500.00
Account Dormancy (4) Php 30.00(4) Php 30.00(4) 
Withholding Tax for Interest Earned 20% 20%

Php 250.00(6) (Personal)

Php 500.00(6) (Business)

Php 250.00(6) (Personal)

Php 500.00(6) (Business)

SPO Application/Filing Php 200.00 Php 200.00

(2) Account Closure Fee will be collected if account is closed within 30 days from account opening.
(3) Falling Below Minimum Balance Fee will be collected if account falls below the required minimum MADB for two consecutive months.
(4) Account Dormancy Fee will be collected if account is dormant and falls below the minimum MADB.

  • A checking account is dormant if it has no client-initiated activity for one (1) year.
  • Collection will start five (5) years after the last client-initiated activity date.
  • The revised collection and dormancy fee is effective April 25, 2017.
(5) New - as of August 15,2017.
(6) The revised Checkbook Fee is effective January 1, 2018.


BDO EMV Debit Card

The BDO EMV Debit Card is the perfect banking companion wherever you go.

Learn More

BDO Digital Banking

Sign up to access your account anytime, anywhere.

Learn More


Opening a BDO Account is easy!





Accepted IDs*

• Passport (in case of foreign passport, must have English characters/translations and the holder must have a residence address in the Philippines)

• Philippine Postal ID

• Tax Identification Number ID

• New Social Security System (SSS) ID

• Government Service and Insurance System (GSIS) e-Card

• PhilHealth Card

• Driver's License issued by the Land Transportation Office (LTO)

• Senior Citizen ID

• Voter's ID

• Integrated Bar of the Philippines (IBP) ID

• School ID (for minors)

• Professional Regulations Commission (PRC) ID



*IDs must be original and within their period of validity


Click here to know about Terms and Conditions Governing Deposit Accounts.


You may be asked to submit additional documents in compliance with bank regulatory requirements.



Deposits are insured by PDIC up to P500,000 per depositor.