Opening a bank account such as savings and checking account in the Philippines is not hard to carry out and there are many information that you can get in the Internet on the procedures and steps on how to open one. Basically, if you want to open a bank account, you only need to submit necessary requirements like a valid ID, billing statement and an initial opening deposit.
However, there are many people also are looking for ways on how to close a bank account without difficulty and hassle like going to their branch maybe because they are currently far or outside the country. I would say closing a bank account is easier than opening a new one.
If you want to close a bank account, a savings or checking account, the easiest way to do this is to withdraw all of your money from that account and then do nothing else. Perhaps, in one month or two, that bank account of yours will be closed automatically by the bank since it has no balance for maintaining it.
For your information, in the Philippines, almost all banks require each bank account to have a maintaining balance in order for that account not to be given a penalty like dormancy fee. You should also make sure that your account is active by making at least one transaction each year to avoid that kind of fee.
Dormant account will be soon subject to termination or closing automatically by the bank when it has no enough balance for paying the dormancy fee which is normally around P200. Thus, you should make sure that your bank account is still active if you don’t want to close it automatically by the bank.