Comments on: BDO Kabayan Savings, BDO Remit Cash Card for OFWs

By: Nors

Nors — Mon, 19 Jul 2010 14:38:27 +0000

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.

By: adette

adette — Mon, 19 Jul 2010 01:55:37 +0000

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!!

By: Nors

Nors — Sun, 11 Jul 2010 09:34:28 +0000

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.

By: Donny

Donny — Sat, 10 Jul 2010 20:17:00 +0000

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

By: Nors

Nors — Sun, 27 Jun 2010 10:52:42 +0000

Hi, Mary Cris, anong routing number? dati noong nag-track ako, parang tracking number lang ang ininput ko.

By: MARY CRIS PAGUNTALAN

MARY CRIS PAGUNTALAN — Tue, 22 Jun 2010 17:36:54 +0000

THANKS, NORS PLS HELP ME WHAT IS THE ROUTING NUMBER THEY NEED TTO PUT FOR BDO KABAYAN? THANKS

By: Nors

Nors — Thu, 17 Jun 2010 15:51:16 +0000

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.

By: MARY CRIS PAGUNTALAN

MARY CRIS PAGUNTALAN — Thu, 17 Jun 2010 15:02:27 +0000

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

By: Nors

Nors — Fri, 07 May 2010 14:49:14 +0000

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.

By: Nors

Nors — Fri, 07 May 2010 06:24:15 +0000

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.