BDO Deposit Accounts — Baka Maubos Imbes na Lumago

Updated May 6, 2014

Monitor your BDO savings and checking accounts, and all your other bank accounts, and make sure:

  • your accounts do not fall below the required maintaining balance
  • you do at least one deposit or withdrawal within one year for checking accounts, and within two years for savings accounts.  This is to avoid dormancy charges.

Dormant accounts below the maintaining balance will be charged 300 pesos for every month starting from dormancy until it is reactivated. Pag hindi ma-reactivate, tuloy-tuloy ang 300-peso monthly charging hanggang maubos ang account balance at ma-close na ang account.

To reactivate your dormant account, you need to present yourself at your branch with your valid IDs.

Accounts falling below maintaining balance for two consecutive months will be charged 300 pesos on the last day of the second consecutive month.

If on the 3rd month, the account is still below the maintaining balance, another 300 pesos will be deducted. The charging of 300 pesos will continue every end of the succeeding months until the account balance is wiped out, or until the account is restored to the maintaining-balance level.

Maintaining balance requirements for these BDO accounts:

ATM peso savings account — 2,000 pesos

Passbook peso savings account — 10,000 pesos

Kabayan peso or dollar savings account — None, but you need to make at least 1 remittance from abroad every 12 months.
If your account does not get 1 remittance from abroad within 12 months,
your account is automatically converted into a regular passbook account,
which requires a maintaining balance of 10,000 pesos).

Junior Savers — 100 pesos

Power Teens Club — 2,000 pesos

Prime Savers — 2,000 pesos

Optimum Savings (Personal) — 30,000 pesos

Direct Deposit Peso Savings — None

Peso checking — 5,000 pesos

Smart Checking (Personal) — 15,000 pesos

Checking Account with Automatic Transfer Facility — 25,000 pesos
(Below-maintaining-balance penalty for this account is 500 pesos)

US Dollar Savings — 500 US dollars

Prime Savers Dollar — 200 US dollars

Direct Deposit Dollar Savings — None

For above US dollar accounts, below-maintaining balance penalty is 5 US dollars.


Related Articles:

BPI, BDO, or Metrobank Fees — Why Keep Paying Them?

Ano ang Maintaining Balance? o Minimum Monthly Average Daily Balance?


Add a Comment
  1. Hi Ann, you should call BDO, pero dahil baka expensive, write your inquiry here: BDO Contact Page. Ask them why your deposit is short by around 300 riyals. Masyadong malaki yan. Isa pang reason is the exchange rate. Sa aking personal experience from dollar deposits to my own BDO account, mas mabuti na diyan na sa abroad ang conversion kasi usually mas mataas ang conversion rate diyan. So the next time you send, send na in peso, huwag riyals. Ang baba ng conversion rate ng BDO for foreign currencies being deposited to a BDO account. Another possible reason: Is your account still Kabayan? Have you always sent to your account from abroad at least once within 12 months?

  2. It’s a new account po. But i started na hulugan sya after 7 months nung inopen ko po. Riyals po ung hinuhulog ko at pinapaconvert ko po into peso. The only problem is kapag nag balance inquiry na po ako dito in Riyals po sya at nagbabawas po. For example 5000 riyals po padala ko so convert po nila in peso yun maam. And then pag ibalance inquiry ko na ang lalabas is 4933 something like this po maam.

  3. Hi Ann, naisip ko rin nga yan previously — yong conversion of your peso balance into riyals whenever you make an atm balance inquiry. In effect, kung magba-balance inquiry ka, parang bibili ka ng riyals, na kung ang riyal to peso is 1 riyal = 11.81, pag bibili ka ng riyal you need 13.31 pesos to buy 1 riyal. Kaya mas mababa yong balance na nakikita mo, na in reality, your actual balance in pesos is correct. I hope it is so. So it’s wise din not to withdraw there from your account. Dapat dito sa Philippines. And it’s good that you’re sending in pesos.
    When you can access a landline, call BDO toll free from KSA: 800-863-0011. I hope you can comment again if you’ll be able to contact BDO.

  4. Hi…i have a question regardless my atm account….almost one month d ko cya nahulugan…her aq ngaun germany…bali pina mastercard ko sana sa maynila.kaso sa cebu ako ngpagawa atm..sabi sa bdi maynila.pwede hulugan lng…sa philippines mg withdraw…it is ok f one month d nahulugan pero by this month hulugan ko..
    Activate pa rin ba un?thank you

  5. Hi Charon, is this BDO Kabayan? If yes, active pa ang account mo, at puede mong hulugan from Germany. If your atm card has no Mastercard logo, you cannot make a balance inquiry there in Germany. Please comment again if your account is not Kabayan, and tell me if it’s atm-only or it’s passbook with atm.

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