Investing or trading in the stock market is an option for people to build up their money in a short or long period of time. There are still a lot of people who are doubtful of the stock market or they’re scared of taking the risk of putting their money on it. Well, you must be! You may gain or lose your money on it. But, I believe that it’s still better to have tried than not to have tried at all. With proper planning and strategy, I am sure that you’ll be richer than you are before.

For Filipinos abroad, especially the OFWs like me, if you are earning an extra money and is looking for a place to invest it in, you might want to consider putting it in stocks. Below are the steps in opening a COL Financial account while in abroad.

1. Go to the website

2. Under Get Started, select Open an Account.

You will see important information that you have to check before going further with the process.

3. Under Fill out our application forms, click on Download all forms.

You will be redirected to a pdf page which you need to print out. Fill it out with your details.

*Please note that applications submitted and not funded within 3-months will require one to re-apply with new forms and IDs.


4. Prepare Additional Requirements

Here are the requirements you need to submit depending on your citizenship status.


  • Photocopy of one (1) valid government issued ID
  • Photo and signature must be clear


  • Photocopy of one (1) valid government issued ID
  • Photo and signature must be clear
  • Alien Certificate of Registration (ACR)
  • or Work Permit from DOLE


  • Authentication of a photocopy of one (1) valid passport
  • Photo and signature must be clear


  • Photocopy of one (1) valid government issued ID of the parent
  • Photo and signature must be clear
  • Birth Certificate of the minor applicant


5. Submit forms and requirements

You may personally submit originally signed forms and clear ID documents to COL Financial or through iRemit branches.

You may also send the original signed forms to COL Financial’s Business Center.

Addresses are:

COL Business Center 2403B East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City 1605, Philippines (+632) 651 5888

COL Investor Center – Makati Ground Floor, Citibank Tower, Valero corner, Villar Streets, Makati City 1227, Philippines (+632) 478 2954 (+632) 478 3316 (+632) 478 3275

COL Investor Center – Davao 2nd Floor Robinsons Cybergate, J.P. Laurel Ave., Bajada, Davao City 8000, Philippines (+6382) 287 8192 (+6382) 287 8193 (+6382) 287 8194

Office Hours M-F, 8:30 am to 5:30 pm

In my case, what I did was printed all the forms and fill it out completely. I photocopied my passport and SSS ID and signed them as my additional requirements. I was lucky because my aunt from South Cotabato went to Bangkok for a vacation that time so when it was time for them to go back to the Philippines, I requested her to mail my forms to the Davao branch, the nearest branch in Mindanao.

After few days, I received an email from COL informing me about a skype interview. I confirmed the date with the staff. The schedule would only be Monday or Friday.

During the skype interview, the staff asked me to show my passport in the camera with my face to take a photo of it. Then, on the next day, I was given an account number and password to log into my COL account. From then, I can change the password to my liking.

6. Fund your Account

Here are options for you to fund your account. For as low as 5,000 PHP, you can start buying shares of companies at COL online.


  • Bank of the Philippine Islands (BPI)
  • Banco de Oro (BDO)
  • Metrobank
  • Asia United Bank



  • Bank of the Philippine Islands (BPI)
  • Banco de Oro (BDO)
  • Metrobank
  • Asia United Bank


  • 2403-B East Tower, PSE Centre
  • Exchange Road, Ortigas Center,
  • Pasig City, Philippines 1605


  • Banco de Oro (BDO)
  • iRemit (
  • The iRemit option has the following benefits:
    1. No need to send a receipt to COL Financial
    2. Faster crediting time
    3. Less charge

*All checks must be payable to COL FINANCIAL GROUP, INC. Please include your Name and COL Account No. at the back.


I am finding the process of funding my COL Account very easy with BPI Express online banking. All I have to do is transfer money from my savings bank to COL Financial (merchant) online.

How I fund my BPI savings account?

You might ask how or where I get the money to fund my BPI while I am abroad. A part of my money comes from my part-time job as an Online Teacher. For the most part, what I do is send money from Thailand to the Philippines through CIMB Bank. They charge 190 Baht. Another option is through the Western Union with 220 Baht charge. With the difference between charges, I often send through CIMB but my concern is they close early at 5 PM and they sometimes have a long queue.

Happy Investing!

Do you invest in stocks?

How do you fund your account?

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My name is Ira, twenty-something OFW, currently living and working in Thailand. It has always been my dream to start a blog. My goal is to share my life experiences, travels and my personal journey towards financial freedom.
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