Yes, a foreign national can open a PDAX account.
In compliance with domestic laws and know-your-customer (KYC) requirements set by the Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) of the Philippines, PDAX requires a foreign national who wants to open an account to present his/her Alien Certificate of Registration (ACR) to verify the legality of his/her stay in the country.
He or she must also be able to comply with all the requirements necessary to open a PDAX account. These include providing valid IDs and documents that are needed for KYC purposes to verify a user's identity.
For foreign nationals, PDAX accepts passports issued by their country of origin as a valid form of identification but not driver’s licenses issued under the same condition.
If you have any questions or need further assistance, you may file a support ticket by logging in or creating a Freshdesk account here or you can send us an email at [email protected].
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article