Tag: bank

  • Transfer funds from Citibank to other banks

    I asked Citibank how much they would charge if I would do electronic funds transfer from them to a BPI account.

    According to them, we can transfer funds from Citibank to other banks for free if it’s electronic funds transfer. 🙂 I’m starting to like Citibank. Withdrawal from any ATM machine using my Citibank card is free, unlike for example, when I withdraw with my BPI ATM card from a BDO machine, I get charged transaction fee… about 12 or 15 pesos if I’m remembering correctly.

    Quoting Citibank’s response regarding funds transfer to other banks:

    We wish to inform you that the funds transfer using Citibank Online is
    free of charge. However, we suggest that you check the applicable fees
    that BPI may charge.

    Then I asked BPI if there would be a charge when I transfer funds from Citibank to my BPI account, and they told me there’s a fixed fee of 150 PhP per received funds from another bank.

    Quoting BPI’s response to me:

    We understand you would
    like to know the fees when you send funds from your other local bank to
    your BPI Direct account. Please note that the fee is Php 150 regardless of
    amount transferred.

  • Sample computation of interest – Time Deposit Rate from BPI Direct Savings Bank

    Sample computation of interest – Time Deposit Rate from BPI Direct Savings Bank

    Today I emailed BPI Direct, asking if the interest rates in the following table taken from their website is monthly rate.

    BPI Direct Savings Bank, Time Deposit Rates Sep23-29

    The table of BPI’s time deposit rates above may have changed already as you read this blog entry, so please verify in this page: BPI Direct – Time Deposit Rates.

    This was the response I got: (more…)

  • BDO: What to do if you forgot ATM Debit Card pin code

    Last time I asked Banco de Oro (BDO) regarding forgotten ATM Debit Card pin code, I was told that the only solution is to “purchase” a new BDO ATM Debit Card from the branch of your BDO account for 120 pesos.

    Here’s BDO’s email response to my inquiry about forgotten ATM Debit Card pin number:
    (more…)

  • BDO Internet Banking will have a fresher look and new features

    I received an email from BDO today, advising that BDO Internet Banking will soon have a new look and will be adding new features.

    Here’s a snippet:
    (more…)

  • Receive Moneygram money transfer in the Philippines

    I had to visit a Moneygram branch today to receive money that was sent to me. Western Union is where I usually receive money from other countries, and they have many branches. I did a lookup in the Moneygram website to find nearby branches but couldn’t find any. A friend told me SM Business Centers offer Moneygram services, so I tried SM Manila, which is a jeep ride and steps away from home (I don’t consider this a “nearby” branch).

    (more…)