Account application at the Branch

Account application through the SBA Website

1. Fill out the account opening forms at the Branch.
2. Presentation of 1 original valid photo-bearing government-issued ID
3. Proof of overseas employment:
a. For OFWs: Copy of the latest Overseas Employment Certification (OEC), OFW Pass, OWWA Card, Seaman's Book, Work Permit, Employment Contract or similar proof of overseas employment documents.
b. For OFWs' Beneficiaries: Copy of OFW Remitter's latest Overseas Employment Certification (OEC), OFW Pass, OWWA Card, Seaman's Book, Work Permit, Employment Contract or similar proof of overseas employment documents.

Note: If a customer submitted his/her latest OFW ID, OFW Pass, OWWA ID or Seaman’s Book, this will suffice as a proof of overseas employment.

1. Fill out the online account opening form on the website.
2. Upload/submit a selfie with the ID, front/ back view of the ID, and a photo of the signature.
3. Attend the scheduled video interview with the bank representative.
4. Additional Requirements:
a. For OFWs: upload a copy of the latest Overseas Employment Certification (OEC), OWWA Card or Seaman's Book or Work Permit or Employment Contract or similar proof of overseas employment documents.
b. For OFWs' Beneficiaries: upload a copy of OFW Remitter's latest Overseas Employment Certification (OEC) or OWWA Card or Seaman's Book or Work Permit or Employment Contract or similar proof of overseas employment documents.

Note: If a customer submitted his/her latest OFW ID, OFW Pass, OWWA ID or Seaman’s Book, this will suffice as a proof of overseas employment.

Php 300.00/month if:
a. ADB is less than Php2,000; AND
b. No transaction movement for the last 12 months

Passbook
ATM card
POS Terminal
Sterling Bank Online
Branch (over-the-counter)

ATM card only (Subject to the requirement that the account must have at least a balance of Php1,000 upon card application)
POS Terminal
Sterling Bank Online
Branch (over-the-counter)

* Maintaining balance is waived provided that inward remittance or deposit transaction/s had been processed and credited to the account within 12 months. Otherwise, waiver is permanently lifted. The account will be subject to required minimum balance, applicable fees and Interest rates same as that of regular Solo Savings Account.
**Enjoy higher interest rate provided that inward remittance or deposit transaction/s had been processed and credited to the account within 12 months. Otherwise, account will be converted to a Solo Savings Account-Online with 0.25% interest p.a. as applicable.