Tag: maintaining-balance penalty

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 […]