7.09.2015

Send Money Through BDO Wire Transfer

By Nora

You can send money to a bank abroad or to a local bank through BDO wire transfer. 

You're able to make a wire transfer through BDO if:

1.  You have a US dollar account with BDO
2.  You're enrolled in BDO online banking.
3.  Your recipient has a bank account.

Steps in making a BDO wire transfer:

1.  Login to your BDO online banking account.
2.  Click "Send Money"
3.  Click "Send Money via Wire Transfer"
4.  Click "Send Money"
5.  You will see:
           Enter Template
           () Select from saved transfers (Choose One)
           () Proceed without a template      
                 If first time, select "Proceed without a template"
                 Click "Next"

7.  Enter details of your wire transfer:
  • Type of Remittance  (Local Bank, Foreign or BDO)
    This refers to your beneficiary or receiving account.
  • Amount
  • Source Account  (Choose from Your BDO accounts)
  • Remitter Name
  • Nationality
  • Address 1
  • Address 2
  • City
  • Province
  • Country
  • Contact Number
  • Birthdate
  • Birthplace
  • TIN Number
  • Industry Type
  • Beneficiary Name
  • Beneficiary Address
  • Beneficiary Bank
  • Purpose*
  • Purpose/Nature of Transfer
  • Beneficiary Bank Address
  • Beneficiary Account Number
  • Additional Info
  • Charge Type  (On-us or Beneficiary)

How much is the service charge for wire transfers?

Service Charge: 
10 US dollars (transfer to another BDO account)
10 US dollars (transfer to a non-BDO local bank account)

10 US dollars  + 25 US dollars (transfer to a bank account abroad)

When is my wire transfer request processed? 
Cut-off is 12 noon every business day.
Requests made after cut-off and during weekends and holidays are processed the next business day.

Is there a maximum limit in the amount I can send through BDO wire transfer?
None. You can send any amount.

*What is Purpose?
You choose one from 56 choices, like:
 .  Living maintenance expenses
.  Payment of international credit card (credit card company)
.  Seminars/trainings abroad
.  Transfer of assets of intending immigrants
.  Earnings of resident aliens
.  Sporting cultural and recreation services
.  Student's payment to school
  You will enter the Code for your Purpose

NOTE:
For your second Wire Transfer transaction, your 5th step will be choosing between:
.  Select from saved transfers  (if you saved your previous transaction as your template)
or
.  Proceed without a template 

4 comments:

  1. I have BDO Dollar account. I am a foreigner, and the form asks for TIN number, which i dont have.

    What to do.

    ReplyDelete
  2. Is my union eon debit card can receive money from bdo account? Please reply on me asap :) thanks!

    ReplyDelete
  3. Hi. Im going to transfer money to BPI for the payment. Will i receive confirmation or transaction receipt via email?

    ReplyDelete
  4. hi! when sending money in other country, the source acct has no choices except choose one. What should I do?
    Thank you!

    ReplyDelete