BDO Bank Rules — Banco de Oro Updates, Reminders

Updated October 2015

Here are some updates on BDO bank rules for customers.  Some are new;  the others are reminders.

  • Maximum amount of ATM withdrawal per day  =  50,000 pesos
  • Maximum number of ATM withdrawals per day  =  5 times
  • Minimum amount of ATM withdrawal per transaction at BDO ATMs  =  200 pesos
  • Maximum amount of ATM withdrawal per transaction at BDO ATMs  =  10,000 pesos
  • Fee for Withdrawal at the ATMs of other banks  =  11 pesos
  • Fee for balance inquiry at the ATMs of other banks  =  2 pesos
  • Withdrawal fee at MasterCard Cirrus and Visa Plus ATMs abroad =      US$ 3.50
  • Balance inquiry fee at MasterCard Cirrus and Visa Plus ATMs abroad  =  US$ 1.00
  • Denied Transaction at MasterCard Cirrus and Visa Plus ATMs abroad = US$ 1.00
  • Fee for not maintaining the Monthly Average Daily Balance  =  300 pesos
  • Maintaining balance for peso ATM accounts  =  2,000 pesos
  • Maintaining balance for peso passbook accounts with or without ATMs  =  10,000 pesos
  • Maintaining balance for SSS Pension accounts  =  100 pesos
  • If your account is a BDO Kabayan account, your required maintaining balance is zero, but you need to remit from abroad to your account at least once every 12 months.                                                                 If you are not able to remit once, your account will become a regular passbook account, and you will be required to maintain 10,000 pesos (if peso account) or $500 (if dollar account).  If you’re not able to maintain your account, you will be charged 300 pesos every month, until you’re able to maintain your account, or until your balance becomes zero or negative and  will then be closed.
  • When you open a new account, you need to:

– be physically present at the bank  (not representative, not even family member)
– bring at least two valid photo IDs  (original and clear photocopies)
– bring a recent 1 x 1 photo

 

Reloading BDO cash cards, based on personal experience:

–  At BDO branches inside SM Malls, you can deposit to BDO Cash Cards only up to 6 pm. Each BDO branch also has a maximum limit on the total amount of cash card reloads. So it’s better to reload in the morning.

–  If you’re depositing to more than one BDO Cash cards, you pay 25 pesos for the second deposit. If you don’t like to pay, fall in line again to deposit to the second Cash card.

–  You’re not allowed to deposit to a BDO payroll cash card over-the-counter. The teller said it’s because it’s a company-issued cash card. This means you can no longer use the card for your own personal use if you leave your company. (Siempre that means bumili ka raw ng bago para sa sarili mo.)

But I checked if I can deposit to my payroll cash card online, and it worked. (Hope hindi nila i-disable ito. We find ways, di ba sabi ninyo, BDO?)

–  If your account is ATM-based (no passbook), you pay 100 pesos if you withdraw at the counter.  But if you have already withdrawn 50K from the ATM, and you need some more, you can withdraw over the counter for free. 

 

About BDO account numbers: 

BDO account numbers have been changed from 10 digits to 12 digits. But don’t worry, you don’t need to do anything about your accounts; BDO will make the needed changes in your records. You can still use your 10-digit numbers, but you’re encouraged to begin using the 12-digit when you’re depositing, although not yet required.

For peso savings and checking accounts: 00 is added before the 10-digit number.
For US dollar savings accounts: 10 is added before the 10-digit number.
For third-currency savings accounts: 30 is added before the 10-digit number.

Related Articles:

BDO Kabayan Maintaining Balance
BPI, BDO, or Metrobank Fees — Why Keep Paying Them?
Savings Accounts in the Philippines with the Lowest Maintaining Balances
BDO Remittance from Australia — Money Transfer to the Philippines

742 Comments

Add a Comment
  1. regarding sa atm account po. ilang months po bago ito madeactivate since naubusan na po sya ng pera since august until now. sa ngayon po ay di ako makapunta sa branch para magtanong. kaya dito na lang po salamat.

  2. Hi Rosel, malamang closed na ang account mo, kasi kahit meron pang centavos na natira noong August, na-charge na siya ng 300-peso penalty noong September, so naging negative balance na siya, at automatically na-closed na. If you like to call BDO, call 631 8000

  3. ano ang mangyayari kung nag over-withdrawal ng 5k, late nag update online at nag appear na negative 5k ang account ko ngayon. and as per checking my records, sobra nga ang nawithdraw ko. what are the implications kung hindi ko nalang ibalik? what if lang naman

  4. Hi Berni, BDO will call you and inform you about the over-withdrawal and will ask you to deposit back 5k. They might send you a demand letter by postal mail or courier. You’ll be on their watch-out list. I doubt if they’ll sue as the amount is only 5k, but they might make your case as an example.

  5. maraming salamat po sa pag sagot. although i’m intending to deposit back naman, i’m thinking of just using the excess money for now. since my bdo account is also my payroll account, on november 15 ay maipapasok naman ng employer ko ang salary ko, and since negative 5k sya, ibabawas lang naman siguro yun sa salary ko.

    okay lang naman po siguro kung pabayaan ko nalang po munang negative for now? or maiinstant deactivate po yung account ko? salamat po

  6. Hi! ask ko po sana kung bakit hindi ko ma withdraw ang dollars na idineposit last nov.2 sa akin kabayan account…sabi ng teller ay naka float pa daw at hindi pa pwede i withdraw, sa nov.9 pa daw ito pwede i transact for withdrwal.bakit po ganun?

  7. Hi celine, sana tinanong mo kung bakit naka-float. Kung dollars naman na na-remit, dapat hindi ganon katagal. Next time siguro, huwag na sa BDO magpadala kung ganon ang practice nila. Baka mas okay pa na for cash pickup in dollars na lang.

  8. Hi Berni, palagay ko hindi nila agad idede-activate kasi payroll account. Nako-close lang ang payroll account after a certain period na walang deposit. Besides, meron pa silang ine-expect na “to-be-returned” so they will let your account stay active. If you can deposit the money back today or within the next few days, then deposit it back, pero kung wala talaga, siguro ipagpalagay na lang na you did not notice the over-withdrawal, na you’re the type of person na hindi nagku-kwenta, puede naman siguro na it can wait until Nov 15. If they call, sabihin mo na lang na you don’t have 5k at the moment, and will they please get the money back on Nov 15, your next payroll.

  9. Hi just want to ask if my hubby can send money using bdo accnt.passbook,how po?just giving him b my accnt.num.and name?panu ko malalaman if just in case nakapasok na ung pera tnx.po

  10. Hi Lani, yes, your husband can send money to your BDO account. Just give him your account name, account number (12 digits, with 00) and branch name. Check your balance sa atm the next day or within 3 days after he sent money to your account.

  11. Sirnasa abroad po kasi asawa ko.nagpadala po siya ng widrawal slip para mka widraw ako sa account niya kaso ang problema po ang napadala niya na widrawal slip is ung luma po na widrawal slip..pero my id at hand written authourization po siya at ang pasbook po niya nasakin..ask ko lang po if ok na po ba ung luma na widrawal slip niy na my perma niya

  12. Hi Mero, sorry hindi ko ma-sure. Pero most likely puede. Subukan mo na lang. Ang alam kong mas importante ay yong signature niya. Dapat makita nila na exactly the same yong signature ng asawa mo sa withdrawal slip at sa records nila

  13. Good day Ms. Nora ask ko lang po kung pwede pong i deposit ung BDO Cheque sa foreign bank?. For deposit lang po kasi sa account ko ung cheke from my previous company wala naman po akong philippine bank account maliban sa kabayan savings. Hindi rin ma encash ng sister ko kahit may SPA na kami dahil for deposit only lang ung cheke. May iba pa po bang way? Thank po

  14. Hi Macoy, ayaw din ba ng BDO na tanggapin yong cheque for deposit to your Kabayan account? About depositing a Philippine cheque to a bank abroad, depende sa bank branch mo abroad, you need to ask. If they accept, there would be charges, since they’ll be making a foreign transaction, and it will take some time. Another option: your sister calls your former company, and ask if she can present a SPA from you so they can reissue your check in her name.

  15. Hi dencio, have you changed your atm PIN at a BDO machine here in the Phils? Does it have a Mastercard logo? If yes, find an atm with mastercard logo and make a balance inquiry. The charge will be 1 US dollar.

  16. Hello mrs nora pede po ba ako mag widraw sa kahit saang bdo branch? representative lang po ako..at ung old wudrawal slip gamit na may signature ng asawa ko..salamat po maam nora sana po matugunan niyo po ang tanong ko

  17. Hi Mero, yes, pero merong interbranch fee na 100 pesos. Pero merong case na kapag hindi nila ma-access yong signature ng asawa mo, usually papupuntahin ka sa branch nio. Dapat dala mo ang passbook at ID mo at ID ng husband mo kung meron. About the old withdrawal slip, hindi ko sure kung i-accept nila. Makiusap ka na lang. Sabihin mo yan yong form na nadala ng asawa mo sa abroad.

  18. Hi Mrs. Nora ask ko lng po kung ano po mangyayari sa savings ko kung nwala o may hindi magandang nangyari sa passbook ko..?paano po ita mkukuha?

  19. Hi Dennis, puede kang magwidro using your atm card. Kung gusto mo na mapalitan yong passbook mo, present a notarized Affidavit of Loss and your IDs at your branch in person. Kung ang tanong mo naman is puede ba makuha/manakaw ng iba yong laman? May konting possibility, meaning puedeng mawidro ng iba ang pera mo kung magaya nila exactly ang signature mo na andon sa BDO’s records, at kung meron silang maipakitang ID na ID mo halimbawa i-require ng teller. So it’s wise pa rin to report immediately the loss of your passbook at ipa-hold. Call 00-800-8-631-8000 or 00-632 631 8000.

  20. Hi..mareach n nmin yung 50k n limit..nka more than 24hrs.na bkit ayaw p din mg release ng money..any idea about it..thank you

  21. Hi Reyn, I hope nakawidro na kayo uli. Pag hindi pa, sa over-the-counter na lang kayo magwidro. Sabihin nio hindi kayo makawidro at ang response ng machine ay ____. Pag other BDO branch, merong 100 peso charge for interbranch withdrawal charge.

  22. Hello. I recently applied for a BDO Passbook Savings Account. Am I eligible to register an online banking account to check my balance?

  23. Hi J, if you already have activated your atm card, then yes, enroll in BDO online banking. Just click Online Banking Login, then “Enroll now!” at bdo.com.ph

  24. Hello Nora. The problem is I only applied for an Passbook ONLY Savings account option instead of Passbook AND ATM option. I just found out that an ATM number is required to register for online banking. Question is Will the BDO branch still give me an ATM if I request for it?

  25. pwede ko po ba iwidraw lahat ng balance sa bdo peso savings account q?for example ang balance ay 12,000 pwede ko po b ito iwidraw lahat??

  26. pwede po ba iwidraw lahat ng balance mo sa bdo peso saving??for example 12,000 balance mo,pwede mo po ba ito iwidraw lahat?

  27. Hi eman, meron na bang 1 month ang account mo? Yes, puede. Pag 0.00 ang balance after you withdraw, it will be automatically closed.

  28. Hi J, I think so — that they’ll issue you an atm card upon request. If there’s a reason that they no longer allow this, then open a passbook-with-atm-card account, after which close your passbook-only account. About closure: close it after 30 days, as there’s a penalty for closing an account within 30 days after opening.

  29. Hi po. I recently opened an ATM only savings account and they say it’s cash deposit only. Ano po ibig sabihin nun? Pwede po ba akong magdeposit online? I mean, if I have an online job, and I will cashout my earnings, madedeposit po ba yan sa account ko? And can I register it online? Thanks po fr answering. ????

  30. Hi po. I recently opened an ATM only savings account and they say it’s cash deposit only. Ano po ibig sabihin nun? Pwede po ba akong magdeposit online? I mean, if I have an online job, and I will cashout my earnings, madedeposit po ba yan sa account ko? And can I register it online? Thanks po for answering. ????

  31. Hi Jhen, usually they mean it’s not for depositing cheques. Is this BDO? I’m sad they’re doing this. I bet they want to prevent people from opening accounts just to deposit a cheque, and then close the account after a month. Maybe after 12 months, you can ask them if your account can already receive a cheque deposit, since you’ve already proven you can maintain an account not just for cheque encashment. About online transactions: Yes, you can enroll your account in online banking. Yes, your foreign employer can remit to your account. Yes, people can send money to your account online if their banks offer local online interbank transfer services.

  32. Hi po ask ko if pwede akong mag widraw through representive ng asawa ko sa kanya kc naka pangalan. Maypira n din nia

  33. hi,ask ko lang naiwan ko yung atm debit card sa batangas tapos hindi pa sha activated kaso 1month pa bago ko makabalik and i need to withraw the money on the 15th, pwede ba ako magover the counter kahit wala yung card and hindi pa sha activated or hindi ko pa na chachange yung pin?

  34. Hi marian, yes, dapat sa BDO branch mo mismo. Present your valid IDs. Merong charge. Kung Batangas ang branch mo, at you are in another place, ask mo na ngayon pa lang ang BDO branch diyan, kung puede ang interbranch over-the-counter withdrawal, so you can prepare, kapag halimbawa ayaw nila.

  35. hi mam nora.. ask ko lang po kng nakapag withdraw n ako ng P50,000 today tapos nag shopping kami sa SM pero ill use my bdo atm to pay.. is that possible even i reach the maximum o
    f 50k?

Leave a Reply

Your email address will not be published. Required fields are marked *

Working Pinoy © 2008-2016 Frontier Theme