Congratulations! Welcome to FAMI.
Now that you have your own FAMI Account Number already, you are ready to move to the next step and that is to actually place money (deposit) to your mutual fund account.
Note: Technically, making a “deposit” to your account means buying shares of a mutual fund. Sometimes you also hear the term “subscription” — they all mean the same thing.
As I already discussed in our email conversations or personal meetup, there are basically two ways that you can do it:
- Via MetrobankDirect — If you have an ATM Account with Metrobank that is enrolled in their Internet Banking facility, funding your FAMI mutual fund account is very easy and convenient if you do it online.
- Over The Counter — You can head over to any Metrobank Branch in the Philippines, pick-up a Payment Slip and fill it out with your details. And so on.
Anyway you want to do it, the guide outlined in this article is very useful.