S.T.A.R. ACCOUNT

How do I open a STAR account?

You may come to our counters to open the STAR account. We will also be able to assist you to open your Philippine Peso and other currency account in the Philippines.

You may also open a BPI Europe account by sending us the following requirements via post:

• Proof of ID (passport or UK photocard driving license) - must be ORIGINAL copy or AUTHENTICATED by your GP, Solicitor or your Bank.
• Proof of address (bank/credit card statement, utility bill, council tax bill) - ORIGINAL copy
• 1 ID picture
• Initial deposit of £10 to be credited to your account - cash or cheque payable to yourself
• Accomplished Customer Information Sheet
  
  • To download and print the form, click here or
  • Request for a copy of the form via email (indicate your name and address).

Mail all to: BPI Europe Plc, 26A and 27A Earl's Court Gardens, London, SW5 0SZ

Do I earn interest on my Star Account?

Yes, you do. You earn .5% on whatever balance you may have on your account.

Do I pay tax on interest earned on my Star Account?

Interest earned and credited to your account will be net of the 20% tax. If you are a lower tax payer, you may request refund on the overpaid tax directly with the Inland Revenue. If you are a non-tax payer, you should fill in the Inland Revenue form R85 which you will hand in to us or at the point of opening your account. Form R85 is available at our counters.

How often is interest paid and credited to my Star account?

Interest is calculated daily and credited monthly. No interest will be paid out in the event that you close your account before the date of credit.

Do I get a passbook?

You will not get a passbook.  You will instead received a statement every quarter.

To learn more about BPIE S.T.A.R. Account, click here.

Please contact us for further information. (see Terms and Conditions)