Category: Bank Accounts

List of BDO Billers — Merchants You Can Pay via BDO Online Banking

Here’s a list of companies or merchants that you can pay through BDO online banking You can pay the following companies WITHOUT pre-enrollment: Abenson Ventures Inc. ABS-CBN Lingkod Kapamilya Foundation Inc. ABS-CBNMobile Aeon Credit Service (Philippines) Inc. Arya Residences Condominium Corp. Cebu Pacific Air Inc. E-Census (Unisys) Electroworld Inc. First Life Financial Co. Inc. FWD […]

Check Clearing on the Same Day

One-Day Check Clearing for Local or Regional Checks. Will it happen soon? Will cheques soon clear on the same day it is presented to the bank? It is expected, the BSP announced on its website. It announced that electronic check clearing will start on January 1, 2017. This means that checks will no longer be […]

Banks with No Interbranch Deposit Fees

Kudos to these banks.  They DO NOT charge interbranch deposit fees. NO over-the-counter interbranch interregional deposits. Some even offer free interbranch over-the-counter withdrawals, check encashment and funds transfers. NO Interbranch Interregional deposit fee for these banks: Bank of the Philippine Islands (BPI)  BPI Family Savings Bank EastWest Bank Union Bank Sterling Bank of Asia   […]

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 […]