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. so you mean mam, they will stop charging my account 350 pesos? before i opened my unionbank atm account, they told me that there is 350 pesos yearly fee that would be debited in my account. im just worried that they will continues to charge me 350 pesos although it has only 75 pesos balance for the ?ast 3 yrs. . ( it would be 3 yrs x 350 = 1050 – 75 balance = 975) do i need to pay the 975 and do i need to personally close my account in the bank to stop the 350 pesos yearly charge ? im just afraid that they continue charging me for the next yrs and unionbank will run after me. hope you will help me.

  2. Can kabayan savings account be used as an international debit card? If not, what are the requirements and how much should be the deposit to get an international debit card? Pls help. I can’t get a visa if I don’t have an international debit card

  3. Hi majoy, yes, when you open a Kabayan account, ask BDO if you can be issued a Kabayan atm card with MasterCard logo. Show 2 or 3 receipts of remittances to you from abroad. Tell them you’ll use your card for your travels. You can open with 100 pesos, but you can deposit more. Maintaining balance is 10,000 pesos if there’s no foreign remittance every 12 months.

  4. ano po meaning ng depn or no book deposit? kasi nag cash deposit po ako last week tapos nakita ko nakalagay depn

  5. Hi anne, did you deposit without your passbook? that could be the meaning of no book deposit.

  6. me too. the transaction code is DEPN even if I brought my passbook with me when I made my deposit. Is there an effect? will my deposit be successful if DEPN was the transaction code? thanks

  7. Hi juan, as long as the amount you deposited is posted under Deposit column and added to your Balance, then your deposit is valid. Next time you deposit with passbook, check immediately, and if you see DEPN, ask the teller why DEPN was posted, and not DEP.

  8. Hi,i have an bdo kabayan saving atm card..i didn’t use for almost 9 months coz i bring it with me here in abroad last year. Is my card still valid to withdraw some cash?

  9. Hi Marites, does your atm card have a Mastercard logo? Try making a balance inquiry at a machine with Mastercard logo. If your card works, remit to it from abroad so your account remains free from the 10k-maintaining-balance requirement. If it does not work, write your inquiry here: BDO contact page

  10. Hi I just opened a BDO atm savings without a passbook but my atm is the one with a mastercard logo since I made an initial deposit of 15,000. is the maintaining balance still 2,000 even with the atm with a mastercard logo?

  11. Hi M_k, yes, the maintaining balance requirement for a BDO atm account is 2,000, with or without a Mastercard logo. If you continue saving, and not withdraw leaving less than 2,000, then you don’t have to worry about a below-maintaining-balance penalty.

  12. Hi Mrs Nora, I have passbook peso savings. On May 28, 2015 I needed money so I withdrew all, leaving less than 100 pesos in my account. Now I’m planning to deposit greater than the maintaining balance of 10k. Above post says “Accounts falling below maintaining balance for two consecutive months will be charged 300 pesos on the last day of the second consecutive month.” I wonder what two consecutive months mean. Is my account in the said situation since May 28 until end of June there’s almost no money in my account? Now I have money to deposit before the end of July or before July 28. thank you very much

  13. Hi dex, how much was your balance from May 1 to 28? Add your balances from May to May 31, then divide by 31. Is the result 10k or higher? If yes, then you maintained your account for the month of May. If less than 10, you did not maintain your account for the months of May and June, and your account was most likely closed on June 30. Check your balance via your atm to see if your account is still active. If you deposit on July 27, you must deposit a huge amount on July 27 to catch up with the required maintaining balance for the month of July. Maybe it’s better if you open a BDO atm account — it’s easier to maintain, as its maintaining balance requirement is only 2k. Enroll it in online banking, so you can see your balance anytime.

  14. I withdrew last sunday, leaving a balance, and when I withdrew a while ago, I saw that there was a deduction of 300. Last May, there was also a deduction, I just ignored it. I just want to know why there are deductions, and what should I do? thanks

  15. hello! Can i convert my regular debit atm savings account to debit account with masterlogo? thank you

  16. Hi win, yes, go to your BDO branch with your IDs and make your request. You might pay for the new card.

  17. Hi Gilbert, the 300-peso deduction is a penalty for falling below your maintaining balance requirement. If your account is a passbook account, your maintaining balance requirement is 10,000. If it’s an atm account, it’s 2,000. The deduction is charged starting from the 2nd consecutive month of falling, and every month thereafter, until you restore your account. What should you do? If it’s a passbook account, you can close your account and open an atm account, as this is easier to maintain. If it’s an atm account, you can close your account, and open a BPI Easy Saver account — it does not require a maintaining balance, but you pay 5 pesos for every atm withdrawal and every balance inquiry. Paying the withdrawal fee is better than paying the 300-peso penalty.

  18. Hi good evening po. I ask why do they need to convert my savings account. I opened an account with 10k with passbook. After my husband remits, they said they will convert. Do they really need to convert? Thank you. godbless po

  19. Hi sarah, do you mean you opened a BDO regular passbook account? and BDO told you they will convert it to a Kabayan account? If yes, and if you’re sure you can maintain a regular passbook account, and that you do not want a Kabayan account, you can tell BDO not to convert. But BDO might have thought you want to get a Global Pinoy card, which allows you to enjoy Global Pinoy Center privileges. Check out a Global Pinoy center at an SM Mall.

  20. What if po I will not convert it, will my maintaining balance have a deduction? My husband wants the money to be saved through the atm..

  21. Hi sarah, yes, if your passbook account is a regular passbook account (not Kabayan), maintain 10,000 pesos or more in your account — never less than 10,000 pesos, so that you don’t have to compute about making catch-up with the maintaining balance, and you don’t have to worry about deductions.

  22. Thank you for the info..may last question pa po ako paanu din po magonline paanu din po magregister..thanks po ulit..

  23. Hi sarah, register first at Click “e-banking”, then “GO” under Online banking, then “Register”. After registration, you will receive a code. Enter this code at a BDO atm machine using your atm card. This is to validate your registration.

  24. Good day, i just want to clarify bout my kabayan savings,i deposited through bank remitance that’s why my passbook was not updated..This 5mos.ago i don’t have any transaction..There is no problem with my savings? no charges appear? And i tried to enroll thru online but still i can’t activate. I want to see my total of savings. How? (i left my atm card in phils.)

  25. mrs nora I have registered with the online banking of bdo. but I cannot yet transfer money to the account of my mother. Do I need to also register her atm card to online banking so I can transfer money? thank you

  26. Hi janine, yes, you need to enroll your mother’s account no. in your online banking, then validate your enrollment again through your atm card at a BDO atm machine (you will get a validation code). Look for something like “Enroll 3rd party BDO accounts”. Transferring to an enrolled account is free. If you’re rushing, use the “Send Money” service. Then click Send Money to an unenrolled BDO account. The fee is 100 pesos.

  27. Hi Gerlie, when you enrolled in online banking, did you choose the option “I do not have access to a BDO atm?” Did BDO ask you to mail your acknowledgment page? Your account should still be active because you remitted to it 5 months ago. For your balance, you call BDO or inquire here:

  28. Hi po, mrs nora my last deposit from my account was december 27, after which I have not deposited up to now. But I have 40k in my account, so I plan to withdraw. How much will be the charge? thanks

  29. Hi Arlene, if you withdraw all your money or part of it at a BDO atm here, there is no charge, because you have maintained your 10k maintaining balance requirement (10k if regular passbook and 3k if atm). If you withdraw it abroad, the charge per atm withdrawal is 3.50 US dollars. Or maybe more. You might need to withdraw your money 4 or 5 times because the maximum atm withdrawal amount per transaction is 10k. Maximum per day is 50k

  30. hi! ms nora, I have po passbook with atm. my initial deposit when i opened it was 5k. how much is my maintaining balance po? is it 2k or 10k? then last may 2015 i already zeroed out my account until now. then i checked it online it stated that my account was inactive. Is it already closed? Or can I deposit again? thanks!

  31. Hi nicky, your maintaining balance is 10k because it’s a passbook account. It’s more likely your account was closed when BDO system deducted the first 300-peso below-maintaining-balance-penalty and the result was negative. I don’t know if BDO now reactivates account, but if allowed, you will have to pay your 300-per-month penalties at reactivation. It might be better if you apply for an atm-only savings account, because it will be easier to maintain the 2k maintaining-balance requirement.

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