BDO Bank Rules — Banco de Oro Updates, Reminders

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

Based on new BDO brochure:

  • Maximum amount of withdrawal per day  =  50,000 pesos
  • Maximum number of withdrawals per day  =  5 times
  • Minimum amount of withdrawal per transaction at BDO ATMs  =  200 pesos
  • Maximum amount of withdrawal per transaction at BDO ATMS  =  25,000 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  =  US$ 3.50
  • Balance inquiry fee at MasterCard Cirrus and Visa Plus ATMs  =  US$ 1.00
  • Denied Transaction at MasterCard Cirrus and Visa Plus ATMs = US$ 1.00
  • Fee for not maintaining the average daily balance  =  200 pesos
  • Maintaining balance for peso ATM accounts  =  2,000 pesos
  • Maintaining balance for peso passbook accounts with or without ATMs  =  5,000 pesos
  • Maintaining balance for SSS Pension accounts  =  100 pesos
  • You can make a checkbook request via BDO ATMs.  It’s free.
  • 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 IDs  (original and clear photocopies)
    – bring a recent 1 x 1 photo

Based on personal experience:

At BDO branches inside SM Malls, you can deposit to BDO Cash Cards only up to 6 pm.

-  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 (walang passbook), you pay 100 pesos if you withdraw at the counter.  Pero kapag nakawidro ka na ng 50K sa ATM, and you need some more, at marami ka pang pera, you can withdraw over the counter for free.

From the BDO website:

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

360 Comments

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  1. hi mam, may i ask if i can deposit my SSS salary loan check to my atm debit card? Are there charges? thanks

  2. Hi maribeth, yes, you can deposit your check to your atm debit card account. Use your account no. No deposit fee, as long as you deposit at your branch or at a branch with the same phone area code as the branch where you opened your account.

  3. Hi, just wanna ask , if someone is sending you money from abroad in dollars to my bdo payroll savings account, is it possible?. my cousin said she already sent it last week but i didnt receive it yet.. thanks

  4. Hi, just wanna ask, can someone send money abroad in dollars to my payroll savings account? my sender said she sent it a couple of days ago but it’s not yet in my account. My account number is 9 digits, then i saw that it should be 12 digits, that I should add 000 zeros before the 9 numbers. Could that be the reason that I haven’t received it yet, or is it because my payroll can’t receive a remittance? I ask our HR and they said it can accept remittance. I’m so confused. hope u can help me. thanks

  5. Hi eve, call BDO 631-8000 and ask. Are you sure your account no. is only 9 digits? Mine is 10 digits, and it’s 12 digits if I add 2 zeros. My BDO payroll account 2 or 3 years ago was not allowed to accept over-the-counter deposits; it was exclusively for payroll use. I’m not sure if all BDO payroll accounts are exclusive. You can also ask your cousin her reference no. so you can check using BDO Remit Inquiry at bdo.com.ph

  6. Hi bryan, if you open an atm savings account, BDO will give you an atm debit card. If you apply for a cash card, BDO will give you a cash card (has no maintaining balance; has maximum balance, 10k or 25k).

  7. Anu po yung cash card?
    Pede po ba gamitin yung debit card kahit saan tulad ng sasali po kc ako sa program my babayaran po ako 50$.

  8. Hi just wanna ask if my sister will be allowed to encash my check even its under my name? my sister and I have the same surname. thanks. i don’t have an account in the philippines

  9. Hi nenita, sorry I think your sister cannot. Some banks accept SPA from you, but SPA might be expensive to get there abroad and send here. If you like, you can open a BDO Kabayan account at a BDO remittance partner there, so your sister can later on deposit your check to your account.

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