Maintaining-Balance Penalty on my BDO ATM Account

Question:
Last December, my BDO ATM account was charged with a below-maintaining-balance penalty of 300 pesos.
On January 8, I deposited 1,000, making my balance 2,239.50, and higher than the required maintaining balance of 2,000 pesos.
On January 29, I was deducted 300 pesos again. Why?

Answer:

Your 300-peso deduction was your penalty for falling below your required Maintaining-Balance for 2 consecutive months (December 2015 and January 2016).

Your required Maintaining-Balance or required Average Daily Balance (ADB) is 2,000 pesos.

Your ADB in January was 1,998.12. This is below the required 2,000 pesos.

Here is how Average Daily Balance (ADB) for the month is computed:


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These are your daily balances from January 1 to January 29:

January 1     1,239.50
January 2     1,239.50
January 3     1,239.50
January 4     1,239.50
January 5     1,239.50
January 6     1,239.50
January 7     1,239.50
January 8     2,239.50
January 9     2,239.50
January 10   2,239.50
January 11   2,239.50
January 12   2,239.50
January 13   2,239.50
January 14   2,239.50
January 15   2,239.50
January 16   2,239.50
January 17   2,239.50
January 18   2,239.50
January 19   2,239.50
January 20   2,239.50
January 21   2,239.50
January 22   2,239.50
January 23   2,239.50
January 24   2,239.50
January 25   2,239.50
January 26   2,239.50
January 27   2,239.50
January 28   2,239.50
January 29   2,239.50
January 30   Saturday*
January 31   Sunday*

Let us compute your Average Daily Balance for the month of January.

The formula is:
Add all your balances everyday from January 1 to January 29
Divide the total balances by 29 days
The result is your Average Daily Balance for the month of January.

Total of Daily Balances from January 1 to 7:

1,239.50 x 7 days = 8,676.50

Total of Daily Balances from January 8 to 29:
2,239.50 x 22 days = 49,269

Total of Daily Balances from January 1 to 29:
8,676.50 + 49,269 = 57,945.50

Divide the Total for January by 29 days:
57,945.50 / 29 = 1,998.12

For BDO ATM savings accounts, the required Average Daily Balance (ADB) every month is 2,000.

Your ADB (1,998.12) is lower than 2,000.

It means you were not able to maintain 2,000 in January.

This is the reason why you were again deducted 300 pesos again.

Note:
 * Many banks compute ADB on the last business day of the month.
 * If the last day of the month is a holiday, Saturday or Sunday, banks compute ADB on the last banking day of the month.

64 Comments

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  1. ..'thank u mam…mam may isa pa po ako na tanong..pwede ko pa po bang kunin ATM ko sa kabayan savings ko ngaung nandto na poh ako sa pinas sa branch na pnagkunan ko nang passbook ko..???…at ilang araw ko poh bago mkuha?'wala po kasi silang sinabi sa akin dati na balikan ko ATM ko poh.thank u po.

  2. Hello po ask ko lang po pano po kung ang balance nalang ng ATM debit ay 2 pesos.. tas pang 4 months na po ako na walang transaction.. di na po ba pedeng mag deposit ulit dun?

  3. hello po mam/sir may tanong po ako pwde pa po ba akong magdeposit ulit sa account ko last ko nakapagdeposit jan 24 2016 pa po!pwde pa po ba nandito po ako sa ibang bansa..

  4. paki email nalang po ako sa email account ko po thank you
    melodybinas2@gmail.com

  5. Maam pag po ba hindi na kami nakapag withdraw at may balance pang 300 sa passbook automatic po ba yun na after 2 years ma close na ang account? Ty po..

  6. My question is same with Ella…

  7. May related question din po ako.
    What if ang ADM is above minimum pero ang month-end balance is zero (0), may penalty din po ba?
    Thanks in advance po sa sagot..

  8. pag ang account zero balance automatic close po ba un

    1. Hi, nagclose po ba accoun nyo nhng nagzero balance or pwede pa.magtransfer ng o magdeposit doon? Salamat po.

  9. pag ang account zero balance automatic close po ba un

    1. Hi po..nasagot na po ba tanong niyo kung.automatic po ba magkoclose if zero balance?

  10. parang may mali ata bakit twice syang nag-karoon ng deduction dec 2015 at jan 2016 total of 600 pesos. hindi ba dapat 300 lang? diba 300 penalty for 2 consecutive months?

    "Your 300-peso deduction was your penalty for falling below your required Maintaining-Balance for 2 consecutive months (December 2015 and January 2016)."

  11. Hi! So the 300 peso deduction will still happen if I have below 2000 MADB even just for 1 month? Or like in BDO's site, they would only deduct after 2 consecutive months?

  12. Yan din ang tanung ko falling in 2 consecutive months diba 300.00 lang? eh yun sakin on the next month na deduct ulit.. please enlighten me kasi sa rules nyo hindi clear sa amin mga consumer na hindi naman kalakihan ang iniimpok sa banko nyo malaking bagay samin yung kinaklatas na 300.00 even nasunod naman naming yung policy nyo

    1. Angela Lacsamana

      Question po what if 1month ng 1k lang laman ng debit card ko magpepenalty na po ba agad yun?

      1. Hi Angela, kung 1 month lang, wala pang penalty. Kung last February ay 1k lang ang laman, dapat this March, dagdagan mo na, at gawin mo na ang balance ay more than 2k, kasi March 8 na ngayon. Kung hindi 2k ang magiging average daily balance this March, magpe-penalty ka ng 300 pesos on March 29 (weekends kasi ang March 30 and 31).

  13. Sa mga nagtanong uli kung bakit nadodoble yong penalty, nagiging 600 pesos, imbes na 300 pesos lang: First, hindi ko kinakampihan yong bank, ini-explain ko lang yong process nila.
    Kung halimbawa, last Nov 29 ay nabawasan ka ng 300 pesos, that means noong October and November (2 months yan), yong average daily balance mo noong October ay below 2k at noong November ay below 2k din. Two consecutive months na yan. Ngayon, kung sa Dec 29 ay makita nila na hindi mo pa rin uli na-maintain ang required na 2k average daily balance sa month of December, babawasan ka uli ng 300 pesos in Dec 29. Bakit eh nabawasan na nga noong Nov 29 ng 300 pesos? Mababawasan ka uli sa Dec 29, kasi two consecutive months ka uli na hindi naka-maintain (Nov and Dec). Holidays na yong Dec 30 and 31, so sa Dec 29 na nagco-compute yong system nila.

    1. Hello po …tanong ko lang paano po kung above minimum na yung laman ng atm hnd nba babawasan sa susunod na buwan

  14. automatic po bang mag close ang account kapag zero balance na ng 10months?

  15. May tanong lang po ako..e paano kung lagpas na sa minimu yung laman ng atm babawasan pa rin ba ulit

  16. sa bdo po on the last two months ndi ko maintain ung MADB nabawasan po ako ng 300 pero this month march-2018 ma maintain ko ung MADB nila ndi nko mababawasan ? ndi kc nila masagot ung tanung ko na un sa branch

  17. Below Maintaining Balance Penalty: Nabawasan ka Feb 28 or March 1 ng 300 pesos? Maintain the required balance this March para hindi ka na mabawasan this March 31 or April 1. 2k ba ang maintaining balance mo? Dapat every day of March, meron kang 2k or more sa account mo. Pag kulang ang balance mo March 1 at March 2, dagdagan mo pa ang deposit mo para yong average for March ay 2k or more.

    1. Hi po..ask ko lng po kapag 0 balance po ng ilang araw palang or lets say a month ung bdo atm acc ko..automatic mag close na po ba yun? Thanks

    2. Hi po pwede po magtanong kung pag na zero balance po ba eh automatic close na pero wala pa namang 1 month ..kasi nag try ako mag inquire sabi invalid daw po..at pwede paba hulogan ulit?thank you…

  18. Hi po! Tanong ko lang po regarding sa Kabayan Savings Account. Starting tomorrow po ay hindi na po makakapag-transact ang non-emv card sa mga atm machines but mcan still access online. So ang tanong ko po ay pwede pa din po ba makapag send money/send to cebuana or ml online or pati din po iyon hindi nadin po?

    1. Hi oink: Sabi sa instructions about BDO Kabayan, kahit non-emv pa rin ang atm card mo, puede pa ring mag-online banking (send money to cebuana or ml), magremit sa account at magwidro or deposit over the counter. Ang hindi puede ay buy online kasi gagamitin mo yong card number at atm withdrawal or atm deposit.

    2. Thank you so much po Ma'am Nora..😊
      God BLess You po.

    3. Hi Mam,

      My BDO kabayan savings acct got closed and sabi nila its because nag below sa maintaining balance. But as far as I know it is a zero maintaining balance as long as once a year may remittance from abroad. When I tried to withdraw from my atm (emv na sya)dahil may remittance ako, invalid na daw sya. When I asked from them sabi nila nag below nga sa maintaining balance. Dahil lutang ako sa nalaman ko na closed na yung acct ko hindi ko natanong yung about sa zero maintaining balance na dapat as long as may remittance. So how is it po? Thanks for taking time to this.

  19. Hello ask ko lang po . yun visa card ko po is 2k nlang yung bal. Then 1 month na po akong d nakapag deposite but 1 month na still/2k at d nabawasan yung bal. Ko . posible po bang my penalty . ?? Advance thank you .

    1. HI Emma: Yong regular BDO atm account itong account mo? Na yong maintaining balance niya is 2k? Basta walang araw na less than 2k ang account mo, safe from penalty ang account mo, kahit exactly 2k ang balance at hindi ka pa nagdedeposit. Basta huwag ka munang nagba-balance inquiry sa ibang banks' atms para wala kang atm fees at para hindi mabawasan yong 2k balance mo.

    2. hi po good day. may tanong po sana ko.pano po kung ang maintaining balance ko ay 10k tpos bbawasan ko lang po pero ibbalik ko dn po in the same month. may penalty po ba ako na bbayaran? please answer po maam. thank you po.

  20. Hi ask ko lang wala pa nmn one month na below 500 yung deposit money sa atm acc ko thenmy friend deposit some money to that acc yesterday after i checked the balance today the money below 500 is still the same what happen?

  21. good afternoon ask ko lang po bakit and sabi ng empoyee ng bdo ay P10,000 minimum balance dapat tama po ba un savings account with passbook and atm ang binigay sa kin thanks po

  22. GoodmorninG po

    Ask ko lang po kung pwede ma retrieve ulit yung na clowe balance na?

  23. Puede pa bang ipa-reactivate ang closed BDO account?: Sorry hindi nagre-reactivate ang BDO ng closed account. Mag-open ka ng new account, maybe at least a month after closure date.

    1. Hi po. 1 month na po 0 balance acc ko. Kapag magdedeposit po ako ngayon papasok pa kaya yun? Sasabihin pa ng teller kung active or closed na account ko? Thanks

    2. Same po tanong ko kay sir Jond maam…sana masagot

  24. Ung account kc ng asw q s bdo ngmit nmin ung pera. Ang remaining blance dpt non 10k. Nag below remaining balance kmi. Dba every month may deduction un ng 300. Ang nging laman nlng nia ngaun is 190. Close account nb un?

    1. Sorry, Avery, for the delayed response. Yes, kung 2 months na na below 10k yong passbook account ng asawa mo, malamang closed na, kasi sa last day of 2nd month na below-maintaining balance, nagde-deduct ng 300 pesos. Kapag nagdeduct ng 300 at 190 na lang ang andon, magiging negative-110-pesos ang balance. Automatically, mag-close na ang account.

  25. Ask ko lng po..paano po kung nagdeposit po ako ng july 10 ng 2500 tapos po nagdeposit po ako ulit ng july 25 ng 1800 ..magkaka penalty po ba ako dahil nkapag deposit ako ng 1800?? hindi po kac umabot ng 2k yong deposit ko nung july 25 ?? Please po!

    1. Deposit and maintaining balance:
      Sorry this is a delayed response. Hindi required na kada deposit ay dapat 2k pesos. Ang BDO account mo ba is BDO atm account? Yong atm lang at walang passbook? If yes, ang required ay dapat everyday merong 2k pesos or more sa account mo, para sa ganon ay 2k pesos or more ang average daily balance mo kada buwan. Kahit magkano ang idedeposit mo or madalang kang magdeposit or madalas, walang kaso, basta everyday, merong 2k pesos or more sa account mo.

  26. Mam what if naubos mo yung balance na 2k this sept ma close po ba yun agad?

    1. Naubos na balance: Winidro mo ba lahat? Ang balance mo is 0.00? Malamang closed na ang account mo kapag zero ang balance. Sana nag-iwan ka kahit 1 peso. Try mong mag-balance inquiry ngayon sa atm.

    2. Kung nag-iwan ka ng mga few pesos, at active pa ang account mo, at na-maintain mo ang account mo last August, that means sa Sep ka pa lang mag-below-maintaining-balance, so hindi ka pa magpe-penalty. Dapat sa Oct 1 to Oct 31, everyday, andon ang 2k pesos or more.

  27. Good morning po automatic po bang nag close account n kapag mga 4months n walang laman ang account mo…nakuha n lahat ng maintaining balance di n b siya puedeng lagyan ulit ng pera

    1. Sorry malamang closed account na, kasi 4 months na. Once na 0.00 o negative na ang balance mo, automatically ma-close na siya. Ang alam ko, hindi nagpa-pa-reopen ang BDO ng closed account. But you can open a new account, siguro, after a few more months. But you can try opening a new account and they will advise you if you can open or wait for a few more months.

  28. Kabayan savings po ung akin.

  29. Hi maam..ask ko lang po…magkoclose po ba ang bdo savings account automatic once na nazero balance siya?pero wala pang 1 month?pwede pa kayang mgdeposit?kasi nag inquire ako invalid ang lumalabas..at pag nagdeposit po ba ako malalaman ng teller if close na?thank you po

  30. Hello mam,pag halimbawa po ang maintaining balance mo is 10k tapos na withdraw mo 5k mag close na ho ba atm ko

  31. Hi maam. What if we’ll come up to this situation. Mayroon akong 2k na balance sa BDO, November 21 magwiwithdraw ako ng 1.5k, so 500 na lang balance ko. Sa December 10, magdedeposit ako ng 1.5k to make it 2k again. Question is, may penalty po ba pag ganyan? Thank youuu.

    1. Hi joy, yes, meron ka nang penalty sa last banking day of Dec, kasi November at December hindi mo na-maintain ang account mo. Merong penalty kapag 2 consecutive months, hindi maintained. At meron uli penalty kapag hindi mo na-maintain sa January 2019. Consider opening a Kaya account sa BPI or BPI Family, walang maintaining balance, although merong 5-peso fee for every atm withdrawal or balance inquiry.

  32. Id like to know if do you guys get our atm remaining balance? So i had 2k balance in my atm as we opened it last March, when i balanced it there was a charge a 2 pesos so the possible balance was 1998 pesos and then after that I did not put any money on it and havent checked it anymore till last day. My question is do you guys get those remaining balance?

    I transferred money from paypal to my bdo account and im supposed to have it by 28th of November but unfortunately until now it’s not on my card yet. And it did not also returned in my paypal account. I have been checking my account and no withdrawals transaction but my balance has been deducted.

    1. Hi Mary Ann, is your atm card a cash card? Because I wonder about that 2-peso charge. There’s a 2-peso charge if you withdraw using a cash card and if you inquire at other banks’ atms. There’s no maintaining balance requirement for cash cards, so your 1998 pesos should still be in your cash card. What’s your balance now? If your account is a regular savings account, there’s a penalty of 300 pesos per month starting from the second consecutive month you have not maintained your account.
      About Paypal, I hope your Paypal money will be credited on Tuesday, the 3rd banking day from Nov 28. It can take up to 5 days. I hope you can tell me your current BDO balance.

  33. What happen if I withdraw my maintaining balance in BDO-ATM DEBIT? Possible ba na ma-close account ko? Thanks

    1. Hi Maeli, kapag winidro mo lahat at magiging zero ang balance, automatically mag-close ang account mo, at hindi mo na ito marere-activate. But you can open a new account after maybe a month. Para hindi mag-close, mag-iwan ka ng piso or more. Kapag below maintaining balance ka for 2 consecutive months, meron kang penalty na 300 pesos on the last banking day of the 2nd month.

  34. Kapag ba 1k yung laman pa ng atm ko. Penalty lang yung mangyayare? Hindi po yun macclose? Thanks

    1. I have the same question like maeli

  35. What if invalid na yung bdo atm card kasi nag 0 balance ako ng 2 months, pwede po ba ulit ako magre-apply ulit for another card? Thank you

    1. Hi Precious, yes, puede kang magre-apply sa BDO pero wait until after 6 months. Yong BDO cash card siguro, puede kang makaopen, kasi cash card naman siya, not a savings account. Merong balance limit na 10k at 25k. Walang maintaining balance, basta merong transaction at least one every 6 months. Merong 2 pesos fee for withdrawal or debit.

    2. Hi Precious, pag na-closed na, wait for 6 months before you can open a new account. Siguro pag cash card ang i-open mo, puede. Merong balance limit ang cash card, up to 10k and 25k only.

  36. hi last jan. 2, 2019 winidraw ko ung maintaning balance ko peso nalang ung naiwan then gusto ko sana maghulog ulet ngayon pwede paba ako magdeposit ulet or close na sia?

    1. Hi Jeraldine, malamang closed account na kasi magkasunod na 2 months nang below maintaining balance, at noong magdeduct ng 300 pesos on the last business day of February, nag-zero na at automatically closed na. Kung hindi ka na maka-transact sa atm, malamang closed na.

  37. Hi maam, may 2k po akong maintaining balance then nag withdraw po ako nang 1k kasi needed po. Pero nag deposit naman po ako after 1 week. May penalty po ba yun? Salamat

    1. Hi Roel, ngayong March ka ba nagwidro at nagdeposit uli? If yes, make sure this coming month of April na nasa account mo ang 2k or more every day of April, para kahit hindi ka naka-maintain in the month of March, makaka-maintain ka in April, at nang sa ganun, one month ka lang hindi naka-maintain. Meron lang namang penalty kapag 2 months na magkasunod na below maintaining balance.

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