BPI and BDO Internet Banking — Free and Quick Ways to Send Your Children’s Allowance
Enroll your BPI savings or checking account in BPI Express Online or your BDO account in BDO Retail Internet Banking, so you can send money to your children while they’re studying in another place quickly, securely, easily at no cost. Enrollment is free. Sending money is also free.
Just go to bpiexpressonline.com or mybdo.com.ph, look for the Enroll Now tab, so you can fill up the enrollment form. Print this form and then bring it to your branch.
Enroll also your children’s accounts. If the accounts are in their names, you need to print your online enrollment and submit them to your branch. If the accounts to be used by your children are in your name, enrollment is purely online — no need to submit anything to your branch.
For many youngsters, the best type of bank accounts are non-maintaining accounts, as they tend to withdraw all what’s in their accounts. BPI Express Cash and BDO Cash Card are the best, as they can be purchased by only about 150 pesos, and BDO and BPI ATMs can be found in many places.
However, choosing another Internet banking system run by the bank operating an ATM in your child’s school is also a good decision.
Whenever your child needs money, just go online and transfer money. No need to fall in line in the bank to deposit money. For BDO, just login to your account, hover over My Financial Services and then click Fund Transfer or BDO Cash Card Reload. For BPI, login and hover over Funds Transfer or Payments & Reloading and then click your Transfer Funds Today or Reload Today.