In the first place, the consumer should choose a bank according to his/her needs and expectations. Some issues to consider before making a choice are geographical location, number of branches, fees and/or service quality.
You should bear in mind that the opening of a savings account in pesos will not be conditioned to the purchase of any other financial product or service, or integrate a multi-product package.
Savings Accounts in pesos offer the following services for free: opening, maintenance, provision of a debit card to each beneficiary when opening the account, transactions through bank cashiers, bank transfers, transactions through ATMs and self-service terminals placed in branches belonging to the bank of your choice, and the use of Internet banking.
Once you have made your choice, you should contact the bank and start processing the Savings Account opening, just by submitting your ID.
All terms and conditions informed by the bank when opening the Savings Account should be specified in the contract. It is important to read it thoroughly to avoid signing provisions the customer ignores and to keep a copy of such contract.
The bank should inform of any changes to the agreed provisions to their customers before they come into force.