Not too long ago, the only way to get hold of a savings account was to physically visit a bank. Today, with lots of technological advancement, opening a savings account with just a couple of clicks on your mobile device is fast becoming the new norm.

Leading the change on this front is PSBank, which recently launched the Online Account Opening feature of its mobile banking app. The bank’s primary reason for this feature is simple -- to make banking hassle-free and safe for Filipinos by bringing the first step of digital banking right at their fingertips.

In choosing a banking app, here are the top five must-haves:

ADVANCED/CUTTING-EDGE FEATURES. Suffice it to say, times have changed. With online banking, you get to do a variety of financial transactions while at the safety of your home. What’s cool about the PSBank Mobile app is you can now open a peso savings or prepaid account via the app with just one valid ID and a selfie. It also offers a wealth of built-in money management features and powerful functionalities which lets you do your banking requirements such as pay bills, transfer funds using account number or QR code, monitor your accounts in real-time, P2P payment using PayMe, grow your money through time deposit placement, apply for a loan, even deposit checks 24/7 and a lot more in between watching your favorite shows on Netflix or while sipping a cup of coffee at home.

CONVENIENCE. Let’s face it—who has time to wait in line and accomplish transactions within limited banking hours? There’s a lot you can do with the time you’ll spend visiting a bank. The simple, intuitive design and navigation of the PSBank Mobile app allows you to complete banking tasks with just a few taps on your smartphone and the app wherever you are, whenever you want. Yup, that’s as quick and easy as it gets.

SECURITY. With the rise in cyber fraud and financial scams, you would definitely need assurance that your hard-earned savings or accounts are secure. What’s great about the PSBank Mobile app is you can securely log in to the app using either face or fingerprint ID and transactions are authenticated by an OTP (One-Time Password) sent to your registered mobile phone. Moreover, the app has an ATM Lock feature which allows you to lock/unlock your ATM card account/s to prevent it from unauthorized use.

CONTROL. Nothing beats being able to access, manage, and move money as you see fit – from anywhere at any time. In addition to being able to perform banking tasks, you can also schedule transactions with the all-around PSBank Mobile banking app so you will not fall behind on your bills, forget to send money or reload your mobile phones. It also has and allows you to manage alert notifications for things like loan due date, withdrawal and other debits, and account balances.

24/7 ACCESS TO CUSTOMER SERVICE. Well-designed mobile banking apps make it clear how to get help fast. Assistance via the PSBank Mobile app come with a simple tap and in the form of LiveChat, phone, email or filling out an online form. The PSBank Mobile banking app truly packed with powerful functionalities and more. It’s one of the most complete, reliable, and user-friendly banking apps in the market today. “Our commitment to innovation, convenience, and safety is what drives us to keep adding new features in our mobile banking app that we know would be of great help to Filipinos who live in an ever-increasing digital world. And we’re just getting started. There’s so much more to look forward to in the coming months,” said Noel Tuazon, PSBank Senior Vice President & Marketing Group Head. Download the PSBank app from Apple Store or Google Play Store today. For more information, please visit psbank.com.ph/other-products-and-services/other-products-and-services/product-lists/psbank-online-account-opening/