Showing posts with label alfm. Show all posts
Showing posts with label alfm. Show all posts

Friday, August 7, 2015

Certification for Visa Requirements

I know I said I'm not going to travel this year. It's a year supposedly to rest. And yet, after attending the travel expo, I suddenly want to go out and visit my friends in different countries. That's why I want to go to US, Canada, and New Zealand. Then there's the family Japan trip next March. So, as early as now, I want to start my visa applications. I hope to go to Canada or US this year, maybe October or November and see falling leaves :)

Anyway, I applied for US interview, then plan to submit my documents online for Canadian visa. I don't know what to do with the hard copies of my requirements though. If I am going to apply for a Japan or New Zealand visa, as early as now, or maybe just use them for my reference hehe

So... there is the usual requirements like the application forms, certificate of employment, and ITR. What I want to disclose is the information I've gained with regards to certifications for investments and bank deposits.

Bank Products:

  1. BPI Savings account - request it at your branch of choice, claim it on the same afternoon. Fee PhP 100.
  2. BPI Direct Savings account - call BPI direct at 89-100, claim it at your branch of choice after one week. Fee PhP 100.
  3. BDO Savings account - request it at your branch, claim at the next day (or get yesterday's balance if you want to claim on the same day). Fee PhP 100. Includes current available balance as of a certain date.
  4. BDO IUTF - request it at branch where you opened it, claim it the next day. Fee PhP 100.
Investments
  1. COL Financial - fill up form, and email to stockcerts@colfinancial.com. 2-3 days (you can choose by email, pick up or mail). Fee PhP 100. Includes date when we opened the account, Cash Position, Stock positions, and Total Equity Value as of date requested.
  2. Metrosec - fill up form, email to metrosec. 2-3 days. Fee PhP 50.
  3. ALFM - call ALFM, claim it at BPI branch of convenience after 2-3 days. (My ALFM account is tied up with my BPI RSP.)  Free. 
  4. FAMI - email/call FAMI, mail to you within 2-3 days. Free. Includes number of shares and balance of account as of requested date.
  5. Philequity - I emailed them, but no reply. (Anyway, service here is really slow for the last couple of weeks while I was doing my regular transactions, so I didn't even expect much.)
  6. Sunlife Maxilink Prime - requested in via email, still don't know when it will arrive in the mail. (Apparently) Free.


So... because of these things, I am thinking if I should just really maintain most of my money in Mutual Funds. At least, I can request certification from them for free. Most convenient is ALFM, but I guess FAMI should be convenient if the mail gets to me in 2-3 days time.

I have also used BPI's ABF Bond fund, and transferring money from my Bond Fund to my Savings Account, while I was abroad was also easy. Though it took 2-3 working days, I think. Definitely needs some time allowance.

It's rather hard looking at several portfolios and investments. I am thinking after 5 years' time, I should just take my money out, and transfer it to my other stocks... But then, what would happen to my compound interests, right?