Enrollment

 

Q:What is CBS Online Corporate?

 

A:China Bank Savings Online Corporate is an Internet banking channel that allows you to manage your corporate accounts online. You can access your account 24 hours a day, 7 days a week via the Internet. By logging on to www.cbs.com.ph, you can perform balance and transaction inquiries, make transfers and payments, and send requests and instructions to us.

 

Q:What does this service offer?

 

A:In CBS Online Corporate, you can:

•    View your account information
•    Transfer funds to your own/other CBS accounts or inter-bank (any BancNet member bank)
•    Pay utility bills immediately, scheduled or in a recurring date
•    Exchange foreign currency to Philippine peso
•    Upload employee’s salary online
•    Collect using Auto-Debit Arrangement from customers or  third party accounts within CBS
•    Pay suppliers or party accounts within CBS using Auto-Credit Arrangement

 

Q:What type of business can enroll in CBS Online Corporate?

 

A:Business/merchant type such as sole proprietorship, partnership and corporate are qualified to enroll.

 

Q:How to enroll in CBS Online Corporate?

 

A:Please visit your servicing branch and accomplish the forms and documentary requirements listed below:
 

For Sole Proprietorship

CMS Application Form
Corporate User Enrollment Form
Letter of Authority
Notarized Special Power of Attorney (SPA)
CBS Payroll Service Agreement
Corporate Upload Forms of ADA, ACA and Salary
CMS ADA Enrollment Form
CMS Agreement on Auto. Crediting of Payments
CMS Memorandum of Services for ACA Facility
For Partnership/Corporation

CMS Application Form
Corporate User Enrollment Form
Notarized Corporate Board Resolution
Notarized Corporate Secretary's Certificate
CBS Payroll Service Agreement
Corporate Upload Forms for ADA and ACA
CMS ADA Enrollment Form
CMS Agreement on Auto. Crediting of Payments
CMS Memorandum of Services for ACA Facility

 

 

Q:How much should we pay in enrolling in CBS Online Corporate?

 

A:Enrollment is for free!

 

Q:Can we apply online same as in CBS Retail Banking?

 

A:No. We still have this manual enrollment. You may visit your branch of account to assist you and to answer your queries.

 

Q:Do we have to maintain an ADB?

 

A:You can visit your branch of account to discuss regarding this.

 

Q:Is it really important to indicate e-mail address in the enrollment form?

 

A:Yes. It is important because this will be used to send the User ID of the corporate user upon initial login. 
 

Q:What to do next after completing and submitting all the necessary forms and documentary requirements to our servicing branch?

 

A:Once the application is approved and processed, your User ID will be forwarded to the email address indicated in the enrollment form while the PIN Mailer should be released after a week upon submission of requirements.

 

Q:Do we still have to activate our e-banking account thru ATM same as  in CBS Retail Banking?

 

A:No. After receiving your PIN Mailer and User ID, you can directly use your passwords.