Porac Bank is regulated by the Bangko Sentral ng Pilipinas
https://www.bsp.gov.ph
Requirements
Checking Account
Individual Account
Present (1) valid ID (Original and Photocopy) Government issued.
Present proof of Billing or Barangay certificate
Prepare the initial deposit of Php 5,000.
Please be advised that applications for checking account is subject to approval. Having at least a 6-months old deposit account with Porac Bank is plus.
Single Proprietorship
Same as Individual Account
Copy of Certificate of Registration with the DTI -(Updated every five (5) years)
Business/ Mayors Permit- (Updated Annually)
Partnership
Same as Individual
Articles of Incorporation/ Partnership/ Cooperation
By-Laws
Duly notarized Board Resolution designating Rural Bank of Porac (Inc.) and specifying the branch as its depository bank and their signatories
SEC Registration
List of Stockholders
List of Board of Directors/Trustees
General Information Sheet (updated annually) certified and sworn to by the Corporate Secretary, or by the President or any duly authorized Officer of the Corporation If no meeting was held, the Corporation shall submit the General Information Sheet together with an affidavit of non-holding of meeting certified and sworn to by the Corporate Secretary, or by the President or any duly authorized Officer of the Corporation
Corporations/Multi-Purpose Cooperatives
Same as Individual
Articles of Incorporation/ Partnership/ Cooperation
By-Laws
Duly notarized Board Resolution designating Rural Bank of Porac (Inc.) and specifying the branch as its depository bank and their signatories
SEC Registration
List of Stockholders
List of Board of Directors/Trustees
General Information Sheet (updated annually) certified and sworn to by the Corporate Secretary, or by the President or any duly authorized Officer of the Corporation If no meeting was held, the Corporation shall submit the General Information Sheet together with an affidavit of non-holding of meeting certified and sworn to by the Corporate Secretary, or by the President or any duly authorized Officer of the Corporation