10 May 2019, 11:20 — 3 min read
As your business grows, having your own business checking account is necessary to manage your cash flow and expenses. A checking account gives legitimacy to your business and allows you to easily track expenses, receipts, payments, and other matters relating to the finances of your business.
But for MSMEs (micro, small, and medium enterprises), opening a business checking account can be challenging, especially since most banks in the Philippines offer a business account with minimum balance requirement ranging from Php 25, 000 – Php 100,000. This leads small business owners to use their personal account for business transactions which is not ideal for business growth.
To help MSMEs overcome this challenge, UnionBank of the Philippines has introduced the ‘Biz Starter account’. This is a checking account with only Php 5,000 as an opening balance and minimum balance requirement for micro, small, and medium enterprise owners that can only be availed via UnionBank GlobalLinker! This means that it’s an exclusive offer for UnionBank GlobalLinker members only.
Apart from its low opening balance and minimum balance requirement, you will receive the following with your Biz Starter account:
Reasons to get a Biz Starter account
How to open an account as a UnionBank GlobalLinker member
Go to the UnionBank GlobalLinker homepage and click the ‘Your Banking Needs’ button. On ‘Your Banking Needs’ page, click Savings and Checking Account where you will find the Biz Starter account offer.
Having your own business checking account will make it easier for you as a business owner to manage and monitor your business. What are you waiting for? Open your Biz Starter account now!
Click here to avail Biz Starter and get the exclusive offer for UnioBank GlobalLinker members.
Note: Those who already have an existing business account with UnionBank can no longer avail the Biz Starter account.
For inquiries and concerns, please contact our 24-Hour Customer Service at (+632) 841-8600 for Metro Manila; 1-800-1888-2277 for PLDT domestic toll-free calls; and (IAC) + 800-8277-2273 for international toll-free calls, or send us an email at firstname.lastname@example.org. You may also visit the nearest UnionBank branch near you.
Posted byUnionBank Publication
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