Transfer Money Online from BDO to BPI and Other Local Bank Accounts

Updated July 2020

Now you can transfer money online from BDO to BPI and to any other local bank account
almost instantly
available 24/7
using INSTAPAY (already in BDO system)
using your BDO online or mobile banking
FREE transfers until August 31, 2020
50 pesos per transfer after

You can TRANSFER MONEY ONLINE from BDO to BPI or to any other local bank in the bank list below (scroll down).

Just login, then press Send Money,
then press To Another Local Bank

The charge is 50 pesos per transfer, starting Sep 1, 2020.

How to Transfer Money Online from BDO to Another Local Bank Account:

If you’re using your PC:

1.  Login to your BDO online banking account
2.  Click “Send Money”
3.  Click “To Another Local Bank”
4.  Enter details:

• Settlement Type:  Credit to Another Local Bank
• Transaction Type: Credit to Other Bank
• Value Date:  (Date of Transaction)
• Transfer from:  (Your BDO account)
• Amount:
• Destination Bank: (Choose from Dropdown list of banks)
  See below list of banks
• Destination Account:

5. Enter other details:

• Sender Name:
• Address 1:
• Address 2:
• Mobile Number:
• Birth Date:
• Receiver Name:
• Receiver Address 1:
• Receiver Address 2:
• Birth Date:
• Gender:
• Mobile Number:
• Purpose of Transaction:

If you’re using your phone’s BDO Mobile Banking App

1.  Go to your BDO mobile app
2.  Login
3.  Press Send Money
4.  Press To Another Local Bank
5.  Under Transaction Type, choose Credit to Other Bank
6.  Under Transfer from
Choose the account you will transfer from
7.  Amount: Type amount
8.  Under Destination Bank, choose bank to transfer to
Scroll the dropdown
9.  Type Destination Account Number
10. Type your information
Last Name
First Name
Middle Initial
Address 1
Address 2
Mobile Number
Birth Date: MM/DD/YYYY
11.  Type your receiver’s personal information
Last Name
First Name
Middle Initial
Address 1
Address 2
Birth Date: MM/DD/YYYY
Gender
Mobile Number
Purpose of Transaction
If you like to save above information for future transfers, Save Template
Template Name
Template Description

12. Press Confirm

LIST OF BANKS to which You Can Transfer Money Online from your BDO account:

• ABN Amro Bank (10 digits)
• Allied Savings Bank (now PNB Savings Bank, 10 digits)
• AMA Bank (16 digits)
• ANZ Bank (11 digits)
• Asia Trust Development Bank (10 digits)
• Asia United Bank (AUB, 10 digits)
• Asia United Bank (AUB, 12 digits via Instapay)
• Asian Development Bank (ADB, 10 digits)
• Bangkok Bank (13 digits)
• Bank of Commerce (BCommerce or Bancom, 12 digits via Instapay)
• Bank of the Philippine Islands (BPI; some call this bank BPI Islands,
  via Instapay)
• Bank of Tokyo (13 digits)
• Bank One Savings and Trust Corp. (10 digits)
• BPI Family Savings Bank (10 digits)
• China Bank (12 digits)
• China Bank (10 digits via Instapay)
• China Bank Savings (12 digits via Instapay)
• China Bank (10 digits via Instapay)
• Chinatrust Bank (12 digits via Instapay)
• Citibank (10 digits)
• Citibank (16 digits)
• Citibank Savings (10 digits)
• Citibank Savings (16 digits)
• City Savings Bank (10 digits)
• City State Savings (12 digits)
• Deutsche Bank (1o digits)
• Development Bank of the Philippines (DBP, 13 digits)
• Development Bank of the Philippines (DBP, 10 digits via Instapay)
• East West Bank (10 digits via Instapay)
• East West Bank (12 digits via Instapay)
• Ecology Savings Bank (10 digits)
• Equicom Savings Bank (14 digits via Instapay)
• Filipino Savers Bank (A Rural Bank, 10 digits)
• First Allied Bank (10 digits)
• First Consolidated Bank (14 digits)
• First Macro Bank (8 digits)
• G Exchange Inc. (11 digits via Instapay)
• GSIS Family Bank (12 digits)
• Guagua Savers Bank (8 digits)
• Hongkong and Shanghai Banking Corp. (HSBC, 12 digits)
• HSBC Savings (12 digits)
• Insular Savings Bank (10 digits)
• Islamic Bank (Al-Amanah Bank, 10 digits)
• Land Bank of the Philippines (Landbank, via Instapay)
• Luzon Development Bank (1o digits)
• Malayan Bank (15 digits)
• Malayan Savings Bank (12 digits via Instapay)
• MayBank Philippines (12 digits)
• MayBank Philippines (11 digits via Instapay)
• Metropolitan Bank and Trust Co. (Metrobank, 10 digits)
• Metropolitan Bank and Trust Co. (Metrobank, 13 digits via Instapay)
• Omnipay Inc. (16 digits via Instapay) (
• Partner Rural Bank (Cotabato) (via Instapay)
• Paymaya Inc. (11 digits, via Instapay)
• Penbank (A Private Development Bank, 10 digits)
• Philippine Business Bank (12 digits via Instapay)
• Philippine National Bank (PNB, 10 digits)
• Philippine National Bank (PNB, 12 digits via Instapay)
• Philippine National Bank Savings (PNB Savings, 10 digits via Instapay)
• Philippine National Bank Savings (PNB Savings, 12 digits via Instapay)
• Philippine National Bank Savings (PNB Savings, 16 digits via Instapay)
• Philippine Postal Savings Bank (now Overseas Filipino Bank, 12 digits)
• Philippine Bank of Communications (PBCom, via Instapay)
• Philippine Savings Bank (PSBank, 12 digits via Instapay)
• Philippine Trust Co. (10 digits)
• Philippine Trust Co. (12 digits via Instapay)
• Philippine Veterans Bank (Veterans, 10 digits)
• Philippine Veterans Bank (Veterans, 13 digits via Instapay)
• Planters Development Bank (10 digits)
• Premiere Development Bank (acquired by Security Bank, 12 digits)
• Rizal Commercial Banking Corp. (RCBC, 12 digits via Instapay )
• Rizal Commercial Banking Corp. (RCBC, 15 digits via Instapay )
• Rizal Commercial Banking Corp. (RCBC, 16 digits via Instapay )
• Rizal Commercial Banking Corp. Savings (RCBC Savings, 10 digits)
• Rizal Commercial Banking Corp. Savings (RCBC Savings, 16 digits via Instapay )
• Robinsons Bank Corp. (12 digits)
• Sarangani Rural Bank (10 digits)
• Security Bank (13 digits via Instapay)
• Security Bank Savings (13 digits)
• Standard Chartered Bank (13 digits)
• Sterling Bank (12 digits via Instapay)
• Sterling Bank (15 digits via Instapay)
• Sterling Bank (16 digits via Instapay)
• Summit Bank (8 digits)
• Sun Savings Bank (via Instapay)
• UCPB Savings Bank (10 digits)
• UCPB Savings Bank (11 digits, via Instapay)
• Union Bank of the Philippines (via Instapay)
• United Coconut Planters Bank (UCPB, 10 digits via Instapay)
• United Coconut Planters Bank (UCPB, 12 digits via Instapay)
• United Overseas Bank (UOB, 12 digits)
• University Savings Bank (15 digits)
• Veterans Bank (10 digits)
• Yuanta Savings Bank (via Instapay)

How Much is the Transfer Charge? 

50 pesos per transfer, deducted from your account

Note:  The receiver should not be charged.

How Fast Will the Money Be Credited to the Recipient Account?
An Instapay transfer is credited to the receiving account instantly.

Special Warning for Those Funding Cheques:
If you plan to use this online money transfer service to fund a cheque, transfer a few days ahead of the cheque’s due date. Make sure to monitor the transfer to ensure your cheque will be funded and won’t bounce.

Are there minimum and maximum limits in the amounts of money we can send?
Yes.
The minimum is 100 pesos.
The maximum is 50,000 pesos per day, or 5 Send Money transactions per day.

What happens if I entered a wrong bank name, account name or account number?
Sana walang account name at account number na ganon doon sa other bank. Kung meron (parang wala pa naman yatang nangyari na ganito), mapupunta doon sa account na yon at hindi mo na mababawi pa, kung yong nakatanggap ay ayaw isoli.

If that wrong account name and account number does not exist in the other banks’ records, the other bank will reject your transfer. BDO will return your money to your account, in 1 to 2 days. The 50-peso fee will not be returned, kasi nag-transfer naman yong BDO, hindi lang tinanggap ng other bank.
After 2 or 3 days at hindi pa naibabalik sa account mo, call BDO: 8-631-8000. Busy ngayong pandemic ang BDO, so puede kang mag-private message sa Facebook page ng BDO: https://www.facebook.com/BDOUnibank/. Be ready with your bank details and the details of your Send Money transaction.

Which online money transfer is free with BDO online banking?

It’s free if you transfer money from your BDO account to another BDO account which you have previously enrolled and have activated via a BDO atm machine using your atm card.

You can enroll up to 20 BDO accounts. They can be your other BDO accounts or other persons’ BDO accounts.As of now, the Send Money to an Unenrolled BDO account is free. Apparently, there will be a charge for this transfer in the future.

Are there cheaper online money transfers in the Philippines?
Yes, online transfers using bancnetonline.com and unionbankph.com are cheaper. But your account need to be, respectively, a Bancnet-member bank account or a Union Bank Eon Visa debit card account.

Fee for Eastwest’s Instapay transfer is only 5 pesos.
Banks charging only 10 pesos:
AUB, Bank of Commerce, China Bank, China Bank Savings, Maybank and Union Bank
Let’s check out Instapay fees when the Free-Instapay period is over, and we’ll see which banks have the lowest Instapay fees.

I have an Eastwest account, so I hope Eastwest retains its 5-peso fee for a long time.

Send Money to Unenrolled BDO Account

Send Money to a Bank Account Abroad via Wire Transfer