6/16/2025

50 Ways Banks Are Earning From You Through Bank Fees

Here are 50 ways banks are earning from you through bank fees, penalties or charges.


This list is not to condemn banks. We need banks.

This is just to make you aware there are a lot of bank fees and what these fees are, so you can be smart about them.

These bank fees are not only charged in the Philippines -- most of these fees are also charged by banks in other countries.

Here are 50 Ways You're Making the Banks Richer with Bank Fees:


ACCOUNT MAINTENANCE FEES

1. Below-maintaining-balance fee
    This is among the most common fees charged by banks, based on complaints online. One OFW wrote to this blog, saying she was charged 300 pesos for 15 months for a total of 4,500. She did not know that the minimum Monthly Average Daily Balance (MADB) or maintaining balance was increased.

2. Dormancy fee
    This is common among OFWs who are too busy with their work abroad they forget to remit to their accounts. A savings account becomes dormant if there's no deposit or withdrawal within 2 years. The time frame for a checking account is only one year.

3.  Interregional-branch over-the-counter deposit fee
     It's great to say that BPI, BPI Family, Union Bank, EastWest Bank, Sterling Bank of Asia and some big RCBC branches do not impose this fee.  This is one of the reasons why many online sellers use BPI accounts for collecting payments from their customers. Their customers will not have to pay deposit fees.

4.  Fee for exceeding maximum number of monthly withdrawals for special accounts
      This is usually imposed on higher-interest accounts.

5.  Lost passbook replacement fee

6.  Dollar withdrawal fee (withdrawing more than maximum amount)
7.  Dollar deposit fee (depositing more than maximum amount)

8.  Early account closure fee
    Fee for closing your account within one month from opening date

9.  Bank statement or certification fee  


ATM or ATM CARD OR DEBIT CARD FEES

10.  Another-bank's ATM withdrawal fee
     This is perhaps the most common fees charged by banks, and the most ignored by cardholders ("15 pesos lang naman...").



11.  Another-bank's ATM balance-inquiry fee

12.  Same-bank ATM withdrawal fee for special accounts

13.  Over-the-counter withdrawal fee for ATM accounts
       Banks say your ATM account is ATM-based, so you should use only the ATM for withdrawals.
       Your withdrawal should be free if the machine is out of order, or if you need more than the daily maximum ATM withdrawal amount.

14.  ATM card or debit card replacement fee

15.  Overseas ATM  withdrawal fee
       This usually costs US$3.50 per ATM withdrawal. Some ATMs abroad also charge their own fees.

16.  Overseas ATM balance inquiry fee
       This usually costs US$1.00.

17.  Overseas ATM withdrawal rejection fee
      These fees for overseas withdrawals are in addition to fees charged by some ATMs abroad for foreign-issued ATMs.

18.  Fee for exceeding maximum number of ATM withdrawals (for special debit cards)
       Usually, you are limited to 2 to 4 free ATM withdrawals a month.

19.  Funds transfer to another local bank

20.  Foreign-issued ATM card fee
        

CASH CARD or PREPAID CARD FEES

21.  Cash card or prepaid card over-the-counter deposit fee

22.  Cash card inactivity fee
       Fee for not doing any transaction for more than 12 months

23.  Same-bank cash card ATM withdrawal fee

24.  Another-bank cash card ATM withdrawal fee

25.  Cash card replacement fee

26.  Visa or Mastercard prepaid card annual fee
        This is charged for Visa or Mastercard prepaid cards not linked to a savings account.


REMITTANCE or FUNDS TRANSFER FEES

27.  Fee for inward remittance from overseas
        Nagbayad ka na sa remittance company sa abroad, may bayad pa sa bangko? Yes!
        In some cases, banks get their remittance fee through their foreign exchange conversion rate.

28.  Fee for outward remittance to overseas

29.  Correspondent bank fee for outward remittance to overseas
     
30.  Intermediary bank fee for inward remittance to another local bank

31.  Fee for outward funds transfer to another local bank

32.  Fee for incoming funds transfer from another local bank

33.  Fee for funds transfer using debit/credit memo over-the-counter


CHECKING ACCOUNT FEES

34.  Returned check fee
       This could range from 2,000 to 2,500 pesos

35.  Stop payment order (SPO) fee
        SPO application fee is usually 200 pesos per check.
        Plus 2,000 pesos for the process of stopping to fund the check
        (this is charged whether funds are sufficient or not)

36.  Fee for depositing a dollar check that was later returned
 
37.  Check retrieval fee

38.  Over-the-counter check encashment
       (Isn't this free? It has always been, but now some banks want you to deposit the check, not encash over the counter.)

39.  New checkbook fee



CREDIT CARD FEES

40.  Late payment fee
       If your due date is a holiday, Saturday or Sunday, pay before your due date.  
       If you're paying by check, pay several days before to allow for the 3-day to 7-day check clearing period.

41.  Over credit-limit fee
      You spent more than your available credit limit.
      (Why don't the banks decline the card usage? Well, you might sue them for embarrassment or for loss of business opportunity, so they might as well allow you to go over your limit, and just charge you a fee. Isn't that clever?)

42.  Annual fee

43.  Fee for making multiple payments per month
       Fee for making more than 2 or 3 payments to your credit card within a month
       Pinapagod mo raw kasi yong teller nila or yong system nila :)
       Bakit daw hindi ka minsanan lang magbayad? Huh!

44.  ATM cash advance service fee

45.  Over-the-counter cash advance fee

46.  Foreign transaction service fee

47.  Returned check fee (if you used an unfunded check to pay )

48.  Sales slip retrieval fee

49.  Credit card replacement fee

50.  Installment pretermination fee

Notes:
. Foreign banks usually do not impose maintaining balance requirements for each account. What they use is Total Relationship Balance (TRB), the overall total of the balances of all your bank and investment accounts with them.

. The 50 bank fees above are not the only bank fees charged. There are other bank fees.

Related Posts:
What is Maintaining Balance or Monthly Average Daily Balance (MADB)?
Tips for New Checking Account Owners
Below-Maintaining-Balance Penalties for BDO Kabayan Accounts
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7/22/2019

Enroll in BPI Online Banking While Abroad

Yes, you can enroll in BPI online banking while abroad.


What account can I enroll in online banking?
.   any deposit account with BPI, BPI Family, BPI Europe or BPI Direct
.  BPI credit card

For Express Cash card, loan accounts and other BPI accounts, you can enroll them ONLY after your online banking enrollment has been approved and activated.


What are the steps in enrolling in BPI online banking while abroad?

1.  Go to bpiexpressonline.com

2.  Find "Personal Login" and " Enroll Now"

3.  Click "Enroll Now"

4.  Choose one of these below:

    Enroll an ATM-based BPI, BPI Family Savings, or BPI Direct deposit account
        For clients with ATM-based accounts

    Enroll a Passbook-based BPI or BPI Family Savings deposit account
        For clients with Passbook-based accounts

    Enroll a BPI Europe account
        For clients with BPI Europe accounts

    Enroll a BPI Credit Card account
        For clients with BPI Credit Card

5.  Click "Continue"

6.  You will see "Please let us know where you are residing"
      Choose "Outside the Philippines"

7.  Click "Continue"

8.  You will see Internet Banking Services Agreement.
      Click "I Agree"

9.  Complete Express Online Registration form

  • User ID
  • Password
  • First Name
  • Middle Name
  • Last Name
  • Mother's Complete Maiden Name
  • Email Address
  • Telephone Numbers
  • Account Numbers and Account Types


10.   Review what you have written.

11.  Print the completed form
       If you do not have a printer, select the whole application form, press Ctrl C, and then paste on a blank Microsoft Word page. Save in your USB.

12. Click "Submit"

Take note:
If after submitting, you see a print-ready version of your completed application form, then this is the one that you should print, sign and mail to BPI.

Again, if you do not have a printer, copy the print-ready form, save it in Word and then in USB, then have it printed at an Internet cafe.

13. Sign the printed form and mail to:

BPI Fulfillment Banking Department
9th Floor BPI Card Center
8753 Paseo de Roxas Makati City 1200
Philippines

14.  After your request is processed, BPI will send you an email advice.

Which BPI accounts can not be enrolled in BPI Online Banking?

  • Peso Passbook accounts
  • Joint AND accounts 
  • In Trust for accounts (ITF accounts)
  • Corporate Accounts
  • Power 5-Bullet (Lump Sum Payment)
  • TF Plus Tax-Dree Repriceable
  • BPI TD Plus Tax-Free
  • Insta-Credit  
Third-Party Accounts that You can Enroll for Funds Transfer

You can enroll third-party accounts only if your own account is an ATM-based account.

These third-party accounts should be Individual Accounts

  • ATM Savings  
  • ATM Checking 
  • Passbook Savings  
  • Maxi  
  • Platinum Savings 
  • Platinum for Kids
  • BPI Direct Savings
  • BPI Direct Checking
  • Pangarap Savings
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3/30/2018

Philippine National Bank in Qatar

Here are the offices of the Philippine National Bank in Qatar:

Qatar Desk Office
Doha Bank International Relations Center
First Floor, Doha Bank D-Ring Road Branch
D-Ring Road cor Al Mansour Street, Matar Qadeem,
Doha
PO Box 3818

Business Hours:
Sunday to Thursday - 7:30AM to 3:30PM

Landline (+974) 4445 6759
Mobile (+974) 5582 1049
Relationship Officer:
 Anthony Ariel R. Aya-Ay
Email: AyaayaAR@pnb.com.ph
       aaayaay@dohabank.com.qa

Send Money Online from Doha Bank
You can open an account with Doha Bank, so you can send money online from your Doha Bank account to your account with PNB in the Philippines.


Qatar Marketing Office
c/o Alzaman Exchange W.L.L. 
Mansoura Al Meera, Doha,
PO Box 23497 (974) 5 5970111

(Mobile) (974) 44357552
(Office) (974) 44154732
(974)44357620
Relationship Officer: Benette Cueto-Quiton
Email: CuetoBA@pnb.com.ph

Other ways to send money to the Philippines from Qatar:
BDO remittance partners
BPI remittance partners
Metrobank remittance partners
Landbank remittance partners

How much does it cost to send money from Qatar to the Philippines?
Remittance fees from Qatar to the Philippines range from 15 to 23 Qatari riyals.

I-observe nio rin kung favorable naman ang foreign exchange rate na ginagamit ng mga remittance companies o banks at kung meron pang inward remittance fee charged by the receiving bank in the Philippines.

Are there many Filipinos in Qatar?
Yes, there are around 205,000 Filipinos in Qatar as of 2013, according to the Commission on Filipinos Overseas.
Qatar is No. 9 on the CFO list of countries with the biggest number of Filipinos.
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Send Money from Qatar via Landbank Remittance Partners

Here's a list of Landbank remittance partner offices where you can send money from Qatar to the Philippines:

Al Fardan Exchange 
Grand Hamad St., Doha
Phones: 4463 0600 / 4440 8224

Al Fardan Exchange 
Najma St., behind Gulf St., Doha
Phones: 4433 5107 / 4433 5132

Al Fardan Exchange 
Al Shafi Street, Near Al Shafi Roundabout, Wakra
Phones: 4463 0600 / 4463 0601

Al Fardan Exchange 
Alkassarat Street No 29, Near Dubai Shopping Centre, Doha
Phones: 4460 1684 / 4450 4363

Al Fardan Exchange 
Alfardan Exchange Building, Alkhor
Phones:  4472 1605 / 4472 3326

Al Fardan Exchange 
Head Office
PO Box 9948, Doha
(974) 44537769

Al Fardan Exchange 
Gulf Mall (please ask if their branch is already offering remittance through Landbank)

Al Fardan Exchange
Muaither (please ask if their branch is offering remittance through Landbank)


City International Exchange Co. WLL
Near Bank St. - Doha Head Office
Phone: 44769777

City International Exchange Co. WLL
St.No. 23 Near Al Attiya Souq
Industrial Area-Old
Phone: 44503306

City International Exchange Co. WLL
St.No. 19 opposite Al Attiya Souq Dream Hyper Market
Industrial Area–Dream
Phone: 44377403

City International Exchange Co. WLL
Al Shafi Street – Near Saudi Super Market
Rayyan Branch
Phone: 44808584

City International Exchange Co. WLL
Near International Islamic Bank – Al Ittihad St.
Garrafa Branch
Phone: 44864652

City International Exchange Co. WLL
Quality Hyper Market – Salwa Road
Salwa Road Branch
Phone: 44161896

City International Exchange Co. WLL
Near Badriya Signal, Opposite Taj Mahal Restaurant
Bin Mahmoud Branch
Phone: 44410907

City International Exchange Co. WLL
Logic Mall – Fatima Building
Maither Branch
Phone: 44769733

How Much is the remittance fee from Qatar to the Philippines?
Based on World Bank's remittance surveys done in November 2017, these are the remittance fees:

For a remittance amount of 1,820 QAR:

Commercial Bank (mobile and online banking)
   --  10 to 15 QAR
OMM (mobile phone transfer) -- 15
Speed Remit -- 15
Xpress Money -- 15 to 20
Al Dar Exchange -- 18
Eastern Exchange Co. -- 20
IRemit -- 20
Western Union -- 20
EZRemit -- 20
Lari -- 20
Arabian Exchange Co. -- 23

Check not only the remittance fees; check also their foreign exchange rates and how fast will the remittance reach your beneficiary/recipient.

BDO Remittance Partners in Qatar
BPI Remittance Partners in Qatar
Metrobank Remittance Partners in Qatar 

There are about 205,000 Filipinos in Qatar as of 2013, according to the Commission on Filipinos Overseas.
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3/27/2018

Metrobank Remittance Partners in Qatar

Here's a  list of Metrobank remittance partners in Qatar:

You can ask these remittance partners if they can help you open a Metrobank OFW account while in Qatar. Bring your IDs and money for processing. If they offer account opening, you will get your atm card and/or passbook after about one month.

Al Dar for Exchange Works
PO Box 24451 Doha

Al Fardan Exchange Co. W.L.L.
PO Box 339 Doha

Al Mana Exchange
124 Airport Road Al Mana Tower Doha

Al Sadd Exchange
PO Box 17127 Doha

Al Zaman Exchange W.L.L.
Souq Najada, Doha
PO Box 23497

City Exchange Co.
Souq Najada Pb No 16081

Gulf Exchange Co.
PO Box 4847 Doha

Habib Qatar International Exchange Ltd.
Mushrib Street
PO Box 1188, Doha

Islamic Exchange Co. W.L.L.
Souq Najada Ali Bin
Abdulla Door, Doha
PO Box 2731


International Money Transfer Partners of Metrobank

MoneyGram
Prabha Money Transfer
Remitly
RIA
Transfast Worldwide Money Transfer
UniTeller
Wells Fargo
XOOM
WorldRemit
CASH Express Worldwide Money Transfer
XPRESS Money Global Money Transfer

Representative Offices of Metrobank in Qatar

You can ask the marketing officers about opening a Metrobank account while in Qatar. Ask also about atm card activation.

Gulf Exchange Co.
Flat No. 6, Building No. 32, Zone 26,
Street 830, Najma Area, Doha, Qatar

Marketing Officer: Daniel Mana-ay
Email Addresses: daniel.manaay@metrobank.com.ph
       danielmanaay@yahoo.com
       danielmanaay76@gmail.com
Mobile No.: (974) 5576-1899
Fax No.: (974) 44811584

Al Dar For Exchange
5th Floor, Flat No. 10, Rako Bldg.
Bin Mahmoud Doha, Qatar
Marketing Officer: Edgardo RaƱosa
Email Addresses: edgardojrranosa79@gmail.com
Mobile No.: +97433834747

How Many Filipinos Are There in Qatar?
There are around 205,000 Filipinos in Qatar, as of 2013, according to the Commission on Filipinos Overseas (CFO). Qatar is No. 9 on the CFO list of countries with the biggest number of overseas Filipinos.

Side Notes:
There are two Philippine schools in Qatar that cater to the educational needs of the children of Filipinos in Qatar. Both are authorized by the Philippine Department of Education (Deped) and the Ministry of Education and Higher Education (MEHE) of Qatar.

Philippine School Doha (PSD)
 -- offers the STEM and the Accountancy, Business, and Management (ABM) programs

Philippine International School-Qatar (PISQ)
 -- offers the Science, Technology, Engineering, and Mathematics (STEM) and the Humanities and Social Sciences (HUMSS) programs

BDO Remittance Partners in Qatar
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