How to Open an Account with CitsecOnline
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Steps on How to Open an Account with CitisecOnline:
1. Choose a trading/investing account
Options available are Personal Accounts which is divided in Regular Account and the EIP (Easy Investment Program) and Corporate Accounts.
a. Regular Account
- Minimum deposit of P 25,000).
- It is a personal trading account that be owned by a single person or jointly.
b. EIP (Easy Investment Program)
- Minimum deposit - P 5,000
- Uses a calendared Cost Averaging Strategy. It means that you will have to follow a schedule and regular investment on the account (for example: P5,000 monthly)
2. Download and fill up the Personal Account or Corporate Account Forms
a. Personal Account Forms:
The forms contain the Individual Customer Account Information Form (CAIF), Online Securities Trading Agreement and Signature Cards. You may download all of three here.
b. Corporate Account Forms:
Customer Account Information Form (Download here)
Online Securities Trading Agreement (Download here)
Signature Cards (Download here)
For detailed instructions on how to fill out the Personal Account: EIP & REGULAR Account forms, click here.
What are the Requirements?
3. Prepare two (2) copies of any valid ID and one (1) latest copy of your utility bill, bank statement or credit card statement.
a. Personal Account
(1) Photocopy or Scan copy of a Government Issued Valid ID
(ex. Driver's License, Passport, SSS ID, Senior Citizen ID, Voter's ID)
Important note: Photo and Signature on the ID should be clear
(2) Billing Statement - waived with a personal appearance
(ex. Utility Bill, Credit Card Bill)
Important note: Name, Address and Date should be present in the statement
b. For Corporate Account
a. Photocopy of each of the following documents duly Certified by the corporate secretary:
SEC Registration
Articles of Incorporation, Partnership or equivalent
By-Laws of the Corporation
Latest General Information Sheet (GIS) filed with the Securities and Exchange Commission (SEC)
Latest Audited Financial Statements
Notarized Board Resolution authorizing the corporation to open an account with
b. CitisecOnline and the designated officer(s) authorized to transact and trade in behalf of the corporation
c. Sworn Statement as to the existence or non-existence of beneficial owners certified by the corporate secretary
d. Photocopy of one (1) identity document issued by the Philippine Government of the authorized officer(s)
4. Submit the documents to CitisecOnline
CitisecOnline.com, Inc.
Address: 2403B East Tower, Philippine Stock Exchange Centre,
Exchange Road, Ortigas Center, Pasig City, 1605 Philippines
Note: Hard Copies of the documents are needed as the company cannot approve scanned or faxed copies of the application forms.
How to Fund the Account?
5. Fund the Account
Once your application has been approved, we will send you your 8-digit CitisecOnline account number to be used for your funding.
You can now fund your CitisecOnline Account through any of the following options:
| FUNDING OPTIONS | BANKS AVAILABLE | |||
| Online Banking via Merchant Payment |
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| Over-the-Counter via Merchant Payment |
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| Over-the-Counter via CitisecOnline Business Center |
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*It is IMPORTANT to indicate the CITISECONLINE ACCOUNT HOLDER'S NAME and
COL ACCOUNT NUMBER when making payments to ensure proper and timely credit to your account.
Minimum Initial Deposit for EIP Account: P5,000
Minimum Initial Deposit for Regular and Corporate Account: P25,000
6. Login to your CitisecOnline Account
Once your account has been approved and funded, your log-in details will be sent to you via email.
7. Have fun investing and trading!
Should you have any investing and finance-related questions, feel free to ask me and I will try to answer them in the next Reader Asks section of this blog.
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