Stock market in the Philippines: How to open an account in COL Financial

Here is how you can use your money to work for you. Since you are a hardworking individual and you don't want your hard earned money to be wasted, financial literacy is vital. One way for you to profit from your money is to utilize it in an investment for it to grow. One of the investment channel in the Philippines is the stock market. To start investing in the stock market in the Philippines, one should have a broker or platform. One of it is COL Financial. To learn how to step by step open an account in COL financial, go to their website https://www.colfinancial.com.

Click OPEN ACCOUNT botton

And you will be directed to their page showing the 5 steps in opening a personal account.

Following their procedure, Once you have familiarized yourself and have chosen the appropriate account type (COL STARTER,COL PLUS, COL PREMIUM) for you, proceed to step 2 by clicking the DOWNLOAD ALL FORMS. Print all the forms and fill it out.

Make sure to secure a Taxpayer Identification Number (TIN) in the Bureau of Internal Revenue(BIR) in your local area. Don't forget to write your TIN in your application form. In my experience, it only took me an hour to get a TIN in our local area for free.

When you are done filling out the downloaded forms, include a xerox copy of your government identification card such as passport, driver's license or Social Security System ID and the likes and mail it to COL financial address:
COL Business Center
2403B East Tower, PSE Centre,
Exchange Road, Ortigas Center,
Pasig City 1605, Philippines

After mailing your application form in any post office, check your email after a week and you will receive an email from COL Financial inviting you for an information verification appointment. by clicking the link in their email, you will be asked to provide them your username in Skype or Viber and your cellphone number for them to contact you. On the same link, you have a choice to set your convenient date and time of video conference with any representative of COL Financial team. After booking an appointment on that link, COL Financial will email you a confirmation of your video conference appointment with them. A day before the appointment, COL financial will remind you via email to remind you of the video conference. In my experience, they are on time!

Before the conference prepare your government ID. On the conference they will ask you to hold your valid ID and their representative will take your picture with it. After the day of Information Verification conference, you will receive your COL account number via email.

The last thing you need to do to open your COL account is to fund it with a minimum amount of 5000php in any of their authorized/partner banks.

Once your payment has been verified by COL financial, they will send your password via email. Then you can now log on using your account number and password to invest and gain financial wealth.

Don't forget to comeback on this post and let's talk about your journey. I hope you prosper and be abundant in giving.