BDO Kabayan Maintaining Balance Requirement Has Changed

Updated March 19, 2019  

Technically, wala namang BDO Kabayan Maintaining Balance Requirement. ZERO.

Pero once na hindi mo natupad yong remittance policy nila for Kabayan savings accounts, kailangan mo nang sundin yong maintaining balance requirement nila for non-Kabayan accounts.

BDO Kabayan account OFW

At mabuti naman at inimprove ng BDO ang Kabayan account maintaining requirements:

Good news!

Na-extend na to 24 months ang chance for BDO Kabayan account owners to remit to their Kabayan accounts para ma-maintain ang Kabayan status ng account.

Kaya huwag mong sayangin ang effort mo na nag-open ng account. Mag-remit ka from abroad to your Kabayan account at least once in 24 months.

Kung mapalampas mo ang mahabang pagkakataon na yan na mag-remit kahit minsan lang in 24 months, mako-convert ang Kabayan account mo into a regular savings account.

Mabuti na lang at yong maintaining balance requirement ng atm-only account na 2,000 pesos na ang i-a-apply na maintaining-balance requirement sa account mo na na-convert.


Kelan nag-start itong changes?

In October 1, 2018

Applicable ba ang new rules sa lahat ng BDO Kabayan accounts?

Applicable lang sa mga ito:

  1.  Active BDO Kabayan accounts as of October 1, 2019
  2. BDO Kabayan accounts opened in 2018 with at least one foreign remittance
  3. BDO Kabayan accounts opened on or after October 1, 2018

Again, what is the maintaining requirement for a BDO Kabayan account after October 1, 2018?

You need to make at least one remittance from abroad every 24 months to your Kabayan account.

If I ask my relative to transfer money online to my BDO Kabayan account from his Philippine bank account, will that maintain my Kabayan account?

NO. It should be remittance from abroad. From overseas.

What happens if my Kabayan account has no foreign remittance after 24 months?

After 24 months have passed and your Kabayan account has not received any remittance from abroad, your Kabayan account will be converted into a REGULAR atm savings account.  This regular account requires a monthly average daily balance of 2,000 pesos.

If your Kabayan account has been converted, and you are not able to maintain the 2,000-peso maintaining balance for two straight months (2 months na magkasunod), your account will automatically have a deduction of 300 pesos at the last business day of the 2nd month, and then every month thereafter that your account is below the 2k maintaining-balance requirement.

Puedeng maubos ang balance mo kung hindi mo mawidro ang natitirang balance o kung hindi mo ma-restore ang account mo to the 2k monthly average daily balance agad. 

For more information:

BDO Hotline:   631 8000

You can also use the BDO Contact Page.

Monthly Average Maintaining Balances for Other BDO Accounts:

Passbook Peso Savings Account
(with or without ATM)   —   10,000 pesos

ATM Peso Savings Account (No passbook) — 2,000 pesos

Junior Savers Club  —  100 pesos

Peso Prime Savers — 2,000 pesos

Personal Optimum Savings Account — 30,000 pesos

Regular Peso Checking Account — 5,000 pesos

Personal Smart Checking Account (Statement)  —  15,000 pesos

Personal Smart Checking Account (Passbook) — 25,000 pesos

US Dollar Savings Account  —  500 US dollars

US Dollar Prime Savers — 200 US dollars

Direct Deposit for US Pensioners — None


The Power Teens Club savings  account, which had a maintaining balance requirement of  2,000 pesos apparently has been discontinued as it’s no longer described on the BDO website.

Also, the US Dollar Prime Savers Account (maintaining balance of US$200) is no longer on their website.

The same with the Direct Deposit account for US Pensioners. Maybe BDO does not relish doing the due diligence and reporting requirements required by the US government under the Foreign Account Tax Compliance Act (FATCA).

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