Tuesday, April 6, 2010

Minimum requirements in investing in the Philippine stock market thru online means

To those interested in starting building their wealth thru investing in the stock market thru online means specifically thru COL Financial Inc., here are their minimum requirements:

* Internet access with moderate speed

* Access to bank in your area (Hong Kong & Shanghai Banking Corp., Security Bank Corporation, Bank of the Philippines Islands, Banco de Oro)- recently added Metrobank. If you also have an online account on any of the mentioned banks, its easier.

* At least P10,000 peso initial capital/investment (actually, Colfinancial requires only P5000 in their EIP program but we initially invested P10k so that I can invest in stronger companies like Jollibee Foods Corporation (JFC)which requires at least 6k as of this time). To those with higher capital and will not be entering the EIP program, initial required investment is P25k

* Filled up forms (downloadable forms, in case of COL Financial (formerly Citiseconline)wherein we invest)

* Submit copy of any 2 the following:
• Passport
• Philippine driver's license
• SSS ID (1999 credit card type only)
• Company ID if employed by top 2500 corporations (with photo)
• Major credit card with picture
• Senior citizen's ID
• Birth certificate

* Submit any latest copy any of one of the following in the applicant's or spouse's name:
• Current utility bills
• Credit card statement
• Club membership bill
• Bank statement

Note: * For Non-Resident Filipinos a copy of one's proof of income certified by employer must be secured and documents must be authenticated by the Philippine Embassy or Consulate. ** For Non-Filipinos residing in the Philippines, include a photocopy of current visa, alien certificate of registration (ACR) and proof of government permission to engage in business/employment; validity of work permit must be at least one year from its date of issue.

For more information, log on to www.colfinancial.com.. or call their hotline at (02)6-515-888, fax thru (02)636-3512 and Email: helpdesk@colfinancial.com. Another important thing if you are just starting in the stock market is to have a guide.. like a father holding your hands during your first step. And I got that from the Truly Rich Club.. Sign up to the club.. it really do wonders and avoid costly mistakes. CLICK HERE TO SIGN UP: TRULY RICH CLUB..

1 comment:

  1. Hi, readers! =)
    If you’re interested to invest in the Philippine stock market, you can also check the Philippine Stock Exchange’s Market Education website: www.pseacademy.com.ph
    Thanks!

    ReplyDelete