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Can You Open a UnionBank Account on a Tourist Visa?

  • monmonq1
  • Jun 8
  • 2 min read

Generally, UnionBank requires applicants to be legal residents of the Philippines. Tourist visa holders are typically classified as non-resident aliens and are limited to opening foreign currency deposit accounts, such as US dollar savings accounts.

Moreover, UnionBank's online account opening process is primarily designed for Filipino citizens. Foreigners attempting to apply online may encounter restrictions.


✅ Requirements for Foreigners

If you're a foreigner seeking to open an account with UnionBank, the following documents are typically required:

  • Valid Passport: Serves as your primary identification.

  • Alien Certificate of Registration (ACR) I-Card: Issued to foreigners staying in the Philippines for more than 59 days. However, some banks may require a non-tourist ACR I-Card.

  • Proof of Address: Such as a lease agreement or utility bill.

  • Initial Deposit: Varies depending on the account type.

It's important to note that even with these documents, approval is not guaranteed, especially if your ACR I-Card indicates "Tourist" status.


🏦 Alternative Banks More Open to Tourists

If UnionBank's requirements are prohibitive, consider these alternatives:

  • BDO Unibank: Known to be expat-friendly. Some branches may allow account opening with just a passport and additional identification.

  • Security Bank: Reportedly more flexible, especially if you can provide a lease agreement.

  • RCBC: Some foreigners have successfully opened accounts here with the necessary documentation.

💡 Tips for Success

  • Visit Multiple Branches: Policies can vary between branches. Trying different locations may yield better results.

  • Provide Comprehensive Documentation: The more proof you can offer regarding your stay and intentions, the better.

  • Consider a Local Sponsor: Having a Filipino citizen vouch for you might help in some cases.

⚠️ Caution Against Using Fixers

While some individuals may offer to help you open a bank account through unofficial means, this carries significant risks. Accounts opened this way may be closed without notice, and you could lose access to your funds.


🌐 Alternative Solutions

If opening a traditional bank account proves too difficult, consider digital banking options:

  • Wise (formerly TransferWise): Allows you to hold and transfer money in multiple currencies.

  • GCash: A mobile wallet in the Philippines that can be linked to certain bank accounts.

These platforms can offer some banking functionalities without the need for a local bank account.

In summary, while opening a UnionBank account on a tourist visa is challenging, exploring other banks or digital financial services may provide viable alternatives.


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