How To Open an Account in COL Financial (Stock Market Investing):
Note: TIN (Tax Identification Number) is required in creating a COL Financial account
1. Choose your account type:
- COL Starter (5k minimum investment)
- COL Plus (25k minimum investment)
- COL Premium (1M minimum investment)
Choose the account type depending on the initial investment that you will put in.
2. Download and fill out necessary forms:
- Customer Account Information Form (CAIF)
- Foreign Account Tax Compliance Act (FATCA)
- Online Securities Trading Agreement (OSTA)
3. Attach additional requirements
At least (1) one of the following government IDs:
- Driver’s License
- PRC ID
- Passport with signature portion/Visa
- Postal ID
- SSS ID
- Voter’s ID
Note: Ensure that the photocopy and signature is clear.
Any of the following Billing Statements (no later than three months and should be the ORIGINAL):
- Utility Bill
- Credit Card bill
- Bank Statement
Note: If you do not have any billing statement named after you, any billing statement named after your parents/siblings would do as long as the address indicated is consistent with your IDs.
4. Submit forms
a. Go to COL Financial’s office
If you are near Ortigas area, you can choose this option and hand your documents personally so you can ask them any question you might have. You can also hand them your initial deposit and they will process accordingly.
b. Send Documents via Courier – (Easier and more convenient way especially for Southerners)
If you are far from COL Financial’s office, you can opt to send your documents via LBC.
Address the package containing all required documents/IDs to:
2403-B East Tower, PSE Centre
Exchange Road, Ortigas Center,
Pasig City, Philippines 1605
→Waiting Game: Wait at least a week for COL Financial to send an email containing your account number and temporary password. If after a week, no email has been received, email COL Financial at firstname.lastname@example.org.
5. Fund it up!
- BPI (Bank of the Philippines Islands)
- BDO (Banco De Oro)
- AUB (Asia United Bank)
There are (2) two ways in which you can fund your COL Financial account:
- Online Banking
- Over-The-Counter Deposit
For more info in funding your COL Financial Account, click below:
“If you are born poor it’s not your fault, but if you die poor it’s your fault”
This is and will always be my greatest motivation for investing. No one is out to save us. We are and should be our own heroes. It is our own responsibility to learn where our hard earned money goes. If we keep counting on someone to come and save us from life’s woes, then I guess we are missing the whole point of it. Each and every one of us should be accountable of our own lives.
So let’s read and learn on! Together, if I may suggest.
Pay it forward! Save a life by sharing knowledge!
Disclaimer: We are NOT, in any way, affiliated with COL Financial Inc.
Credit to the owner of the photo above.