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BDO Kabayan Savings, BDO Remit Cash Card for OFWs
BDO Kabayan Savings for OFWs
This is a special savings account for OFWs and their families in the Philippines.
You can open an account here in the Philippines, or abroad if you work near BDO correspondent banks.
- Can be in pesos or U.S. dollars
- Initial deposit of 100 pesos for a peso account or $100 for a dollar account. (Update as of March 2010: was changed to 50 pesos)
- No maintaining balance as long as you make at least 6 remittances a year. (Update as of March 3, 2010: was reduced to one remittance a year )
- You will receive a passbook and an international ATM card.
- Additional update for seafarers: You can open a BDO Kabayan Shipping dollar savings account with passbook for only US$10.
Check BDO correspondent banks here.
BDO Remit Cash Card for OFWs
This card is similar to the regular BDO Cash Card,
but you can get this card abroad — in BDO accredited remittance
services.
This also has a higher load balance and deposit limit. While the
regular BDO Cash Card is limited to 10,000 pesos, BDO Remit Cash Card can be loaded with up to 100,000 pesos.
You can remit directly to this BDO Remit Cash Card account.
Your beneficiary can also check the status of your remittance
online at
https://www.bdocashcard.com/rts/remitinquire.asp
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26 Responses to “BDO Kabayan Savings, BDO Remit Cash Card for OFWs”
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dear maam/ sir,
Good day,i am anncelle sabalones,i have a kabayan savings account type my local branch is at Kalaw ave..my current agency told me they have problems in remitting checks in my account.they say that i have to show 2 valid id’s in order to deposit the checks.i am currently on board and it is my account since 2004,i am under magsaysay maritime corp. The Costa Crociere before,i dont have any problems encountered like my kabayan account cannot accept even cash deposits.so,i am just asking what will i do to solve this problem.
Since you’re abroad, Anncelle, I called BDO especially for you. The BDO rep named Dolly said, after talking with her supervisors, that your agency can deposit their checks using their own IDs (2 valid IDs — ID nila) o yong 2 valid IDs ng reps ng agency ng magdedeposit. She further explained that some Kabayan accounts are for cash deposits only — restrictions made when the accounts were opened.
By the way, you can ask your agency to deposit in cash for your sake, di ba? Pababayaan ka kaya diyan na wala kang makuhang pera? O yong pamilya mo? Tsaka, for most other checks, kelangan lang ng ID pag i-encash, bakit nila kelangan ng ID pag i-deposit? In my case, somebody in another place in the Phil. is depositing a check in my BDO savings account every month as my pay for my freelance gig, wala namang ID na required. Take care.
Follow-up: Anncelle, Dolly of BDO called me to correct yong previous sagot nia na pede yong IDs ng agency mo. Puede lang daw yon kung nakapag-present ka ng 2 valid IDs when you opened your account. When you presented daw only 1 ID when you opened your account, hindi raw puedeng magdeposit yong agency mo — tama sila — kelangan pa rin daw i-present IDs mo. The solution na lang talaga is to ask your agency to deposit in cash, and I hope they are kind.
Miss Nors,what if I fail to comply this condition that I will make at least 6 remittances a year in kabayan account. This account will still work or not?
I open his account when I have my vacation last August 2008 in Iloilo.
I will wait for your advise. Thank you.
Deo, I’ll answer your question tomorrow ha. Since I’m presuming you’re abroad, I can call BDO for you. I called BDO, but they said Kabayan people work at daytime only. But I know that if you have at least 2k in your account, the account works even if you fail to make the 6 remittances. But I need to make sure.
Deo, I called BDO. Hindi na raw 6 times a year. One remittance na lang daw a year ang kelangan. (need to update my article) You need to call BDO to ask if your account is still active. They need to know the account number. Toll free (Intl. Access Code) + 800-8-6318000 or you can email callcenter@bdo.com.ph . They answer naman in 1 or 2 days, sa experience ko sa email nila. Kindly come back and share, so we can update others. Thanks.
Hello Sir/ Ma’am,
I’m Joanne Clere and I’m here in US now. I am sending money ti my family through western union but I am so sick of it coz the trasnsfer fee is expensive and their exchange rate is lower than usual and there is still deduction fee sa pera na ipinadala ko pag nanjan na sa pinas. I want to inquire po sana if pwedeng mag open ang family ko ng bank account sa inyo and I will just transfer na lang and they will widraw na lang poh. I know very little about banking so I would really appreciate any help from you. Thanks
hello,
i do have USD account in BDO, would you pls tell me how my husband/aunt will send money from abroad?
my aunt is in USA north carolina while my husband is a seaman touring United Kingdom and some US part.
pls help.
thanks!
hi.
i have peso savings kabayan account. pwede po ba itong gamitin for domestic wire transfer? un lang po.thanks.!
for joaN: one of your relative/family may open their an account at BDO,pd nila gamitin ung KABAYAN PESO SAVINGS ACCOUNt.Need lang nila ng atleast 2 valid ID’s para kahit cheke or cash ang ideposit mo,iaaccept ng bank jan sa US, 1 picture and xerox copy nung 2 valid Id’s. Need ng personal appearance kung sang branch ng BDO sila mgopen ng account. It only takes 30minutes then my passbook na may ATM pa.Php50.00 lang ang initial deposit.
Or they can open din nmn sa BPI Family Savings Express Teller, 500.00 ung initial deposit pero pd u din un hulugan kht san kang bansa.
for jell: yes, you can use your USD account in BDO when your auntie/husband want to send you money. Just give them your BDO USD account for them to send you money.
for Violanda:as far as i know po ung KABAYAN PESO SAVINGS ACCOUNT is you can use lang po as bank to bank transaction. If you have relatives abroad na like magpadala sau, they can send you money tru ur account provided that they must know your account number. Then depende din yun on how you opened your account. Base on my experience kasi, if you presented only 1 valid ID automatically only cash deposit lang pd tangapin ng banko if ever n mgpadala sila, they will not allow checque if sila mgdedeposit. But if hawak mo ung checque you have to present 2 valid ID’s pra mapasok sa account mo ung checque.
@jell: account number mo ang bibigay mo sa husband/auntie u pra makapagsend sila money
Miss Nors, Below is the emails between me and BDO Representative. Hope this will help others with the same problem.
Note: Names & some other deatils has been remove.
__________________________________________________
Dear Mr. Deo:
Thank you for the information you have provided.
We wish to inform you that your BDO Asenso Kabayan Peso Savings account is still active as of this writing.
We suggest that you request your authorized representative to deposit over the counter in any BDO branch in the Philippines any amount in your account because it will become dormant in status soon. Kindly inform your authorized representative your assigned BDO account number indicating your full name in the deposit slip.
You may send funds from abroad to your BDO account through BDO’s remittance tie-up centers/correspondent banks. To view complete list of remittance centers, please go to our website http://www.bdo.com.ph and click Personal > Financial Services > Remittance > BDO Remit Services -> click “Directory of BDO Remit offices, partners and agents [View]“.
Kindly refer to the details below when sending funds to a BDO account:
Please Pay/Remit to:
(BDO’s correspondent bank’s name and SWIFT Address)
For the account of:
Banco de Oro Universal Bank, Manila, Philippines (SWIFT Code/Address is BNORPHMM)
In favor of:
(Account Name and Account Number with BDO)
Please be advised that an account is considered dormant if it has remained inactive (i.e., with no client-initiated transactions such as deposit, withdrawal, debit, credit) for a certain period of time, as follows:
a. Current Account – after twelve (12) consecutive months or one (1) year.
b. Savings Account – after twenty-four (24) consecutive months or two (2) years.
Additionally, classification of account to dormant status shall be automatically done by the system when dormancy period is reached. Once an account becomes dormant, the monthly dormancy charge Php 200.00 /USD
5.00 shall be collected by the system regardless of balance.
Thank you for banking with BDO.
(Name of the Representative)
BDO Customer Contact Center eServices Unit
NOTE: eServices Unit of Customer Contact Center is available Mondays to Fridays from 8:00 AM to 7:00 PM, Manila Time. For lost or stolen BDO Cards, it is best to immediately contact our Inbound Customer Service Officers at 631-8000 (Metro Manila); 1-800-10-631-8000 (PLDT Domestic Toll-free); 1-800-3-631-8000 (Digitel Domestic Toll-free) and International Access Code+800-8-631-8000 (International Toll-free).
(Email)
04/08/2010 02:42 PM
To: “CALLCENTER”
cc:
Subject: Re: BDO Kabayan Account
Dear Ma’am,
Thank you for your attention.
Here are the information you need:
Name: (First Name) (Middle Name) (Last Name)
Date of Birth: (Month/Date/Year)
Home Address: (Complete Address)
Mobile number: (Mobile Number indicated in application)
But this number is not working anymore.
When I open this account I have given my SSS ID No. ##-#######-#
Hope this will help you and I will expect an answer to my query.
(Name)
From: “CALLCENTER”
To: (Email)
Date: 04/08/2010 09:11 AM
Subject: Re: BDO Kabayan Account
Dear Mr. Deo:
Please be advised that we will be conducting positive identification before we proceed with your concern if your account is still active or not. You may email us the information that we need by answering the following verification questions:
>Complete Name (including middle name):
>Date of Birth:
>Home Address:
>Home Phone Number:
For other concerns, you may call our Customer Contact Center anytime as they operate 24 hours a day, 7 days a week. You may reach them at the following numbers:
- Metro Manila 631 8000
- PLDT Domestic Toll-Free 1 800 10 6318000
- Digitel Domestic Toll-Free 1 800 3 6318000
- Int’l Toll Free IAC+800 8 631 8000
We hope to hear from you soon. Thank you and have a great day ahead.
(Name of the Representative)
BDO Customer Contact Center – eServices Unit
NOTE: eServices Unit of Customer Contact Center is available Mondays to Fridays from 8:00 AM to 7:00 PM, Manila Time. For lost or stolen BDO Cards, it is best to immediately contact our Inbound Customer Service Officers at 631-8000 (Metro Manila); 1-800-10-631-8000 (PLDT Domestic Toll-free); 1-800-3-631-8000 (Digitel Domestic Toll-free) and International Access Code+800-8-631-8000 (International Toll-free).
(Email)
03/31/2010 05:07
To: callcenter@bdo.com.ph
cc:
Subject: BDO kabayan account
Dear Ma’am/Sir,
I would like to inquire if my account is still active?? I didn’t make any transactions since I open it in Iloilo City last August 2008.
Thank you.
(Name)
HI would you know how many days ma crecredit sa BDO KABAYAN savings account ang padala from abroad? or depende po ba ito? Thanks!
i want to get a remit card from you soon
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g0od pm po.ask ko lng,i opened my bdo kabayan peso savings account last march lng,kc mgaabr0ad ako..ngaun po april n,dhl d pdn ako nkakaals, I jst wnt to ask if pd ko b gmtin muna d2 s pilipinas un atm,pde mgdep0sit kht and2 pa ako s bansa?and if nsa ibng bansa npo ako,pd ko b iwan ung kbayan atm ko s kpamlya ko,..slmat s mkksagot..
Thanks, Deo, for the great info. Hope your info answered the inquiries which I wasn’t able to answer promptly because I had to attend to some personal concerns.
Hello, heizel, thanks a lot for the info. Certainly, you answered the BDO-related questions which I wasn’t able to answer promptly because I had to attend to some personal concerns.
Hello, Cass, yes, puede kang magdeposit sa Kabayan account mo dito sa Pinas at puede mong iwanan sa kapamilya mo na siempre trusted mo para hindi niya ubusin lahat hehe, at para gastusin o idistribute nang tama.
hi i would like like to inquire if the sender will send money to my kabayan saving acct via xoom how maNY DAYS BEFORE I CAN WITHDAW IT AND HE WILL SEND IT USD IS IT AUTOMATICALLY CONVERTED?. THANKS
Hi, Mary Cris, based sa pinadala ng niece ko dati, oo, in pesos na, doon yata sila kumukuha ng additional kita. Mas mura ang charge pero lower yong conversion rate, but not sure now. Hingin mo yong tracking number mo from sender, mata-track mo yong padala mo sa website ng xoom kung nasaan na yong padala.
THANKS, NORS PLS HELP ME WHAT IS THE ROUTING NUMBER THEY NEED TTO PUT FOR BDO KABAYAN? THANKS
Hi, Mary Cris, anong routing number? dati noong nag-track ako, parang tracking number lang ang ininput ko.
I am selling a property in P.I. and the pesos will be deposited to a phil bank. What is the safest way to convert to U.S. dollars to receive the money here in U.S.? Is there a maximum amount? Pls advise. Thanks
Hi Donny, if your Philippine rep has an account with BDO, BPI or any other major Philippine bank, he or she can buy dollars from any of these banks and then send them to you through wire transfer, seeing to it that he/she performs these activities within the same facility to lessen the risk of robbery or loss.
To make sure, because sometimes bank policies change from time to time, ask you Phil rep to ask his bank about buying dollars and sending them through wire transfer before your real estate sale occurs.
On the website of BDO, it says that wire transfers of unlimited amounts are allowed for dollar accounts and for those enrolled in Internet banking. When I asked a BDO rep at a branch, she said there are limits to over-the-counter transfers, depending on the purpose of transfer and IDs presented.
A Western Union rep said it charges $18 for every $1,000 transfered from Phil to U.S. (pickup). She’s not sure about the limit, but she says it could be 500,000 pesos or roughly $10,800. If you’re considering Western Union, choose a Western Union carrier that also sells dollars with a good rate and in a safe place, like inside big malls, or inside a secured office.
The best way is, of course, for your Phil rep to make inquiries himself to be sure. I could be wrong.
We also sold our lot recently, and before we received the money, we scouted the nearest BPI or BDO to which we could immediately deposit the cash, to be safe.
hi! i have a BDO kabayan account here. My sister is asking me how she could send money going to that account. My dad is sending thru this account too but I couldn’t get in touch with him so I couldnt get the details.
Does my sister need to have a BDo account too or just her current bank ? What details shall i give her?
thank you!!
Hi, Adette, your sis and dad don’t need to have Kabayan accounts to be able to send money to a Kabayan account. My niece in the U.S. sends money to her mom’s BDO Kabayan account thru remittance firms like Xoom, etc. Ask your sis and dad to compare exchange rates and fees and look for company stability when choosing remittance firms. I’ll ask for some more info.