[REPOST] Opening Payroll Account in BPI (RareJob Tutors)

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A friend of mine, Tutor Ella, also applied to RareJob and fortunately she passed. We're now co-tutors and she allowed me to share her experience in opening a new payroll account in BPI for RareJob tutors.

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In the FAQ section of RareJob, you can find the following:

How and when do I get paid?

The tutor fee is distributed every 10th of the month through direct bank transfer to either a BPI International (Bank of the Philippine Islands) or a PNB (Philippine National Bank) account. We provide tutors with an endorsement letter to help them open an account

What Bank account can I use?

RareJob provides an endorsement letter that tutors can download on the website. They can use the letter to open either a PNB or a BPI International account. Tutors should open an account under their registered name in RareJob.

What if I have an existing bank account, can I use it instead?

No, tutors should open a new account that will be used solely for RareJob.

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We both chose to bank with BPI because before I started teaching, I already had a BPI account so I just had to link my payroll to my existing bank account. In Ella's case, her house was much closer to a BPI branch than to a PNB branch. So, easy choice.

REQUIREMENTS:

- RareJob endorsement letter

This is found on the RareJob website, there are two pages you need to download - Bank's Copy and Tutor's Copy. Check if your name and address is correct before downloading. If there are any errors, you can contact the Tutor Support for corrections.

- Two Valid Ids

Passport, Postal ID, Driver's License, etc. Any form of ID that has your picture and complete name. Although Ella submitted a Barangay Clearance and the bank accepted it even when it didn't have a picture.

- Proof of Billing

Electric Bill, Water Bill, Internet Bill, etc. Any kind of utility bill as long as it has your current residence on it. It doesn't even have to be in your name.

- (1) 1x1 Picture ID

- 100php Cash

PROCESS:

1) Go to your nearest BPI International Branch

2) Get a number for Customer Service from the security guards at the entrance

3) Wait until your number is called and when it's your turn:

4) Submit the all the requirements

5) Fill up the BPI Application Form

6) Sign the Signature Card

7) Have your assigned bank officer sign and stamped your Tutor's Copy of the RJ Endorsement letter

8) Pay 100php then you're done

Overall, Tutor Ella said that it was an easy and quick process although she had to wait for her turn for over 40 minutes since the client before her kept complaining about something repeatedly and delayed the queue. 

Other than that, the application process took about less than 15 minutes. She applied on Tuesday and got her ATM card on Friday. 

NOTE:

For new RareJob tutors, just follow the instructions in the website once you've received your ATM and bank account details. Once you've completed all the steps, just wait for approval and your Tutor Fee Page will be activated after a few days.

You can also enroll your Payroll Account for BPI Online Banking. Just follow the steps on the BPI website.

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