04 Jul BPI To Start Charging P50-100 On Some Deposit and Withdrawal Transactions On September 1
Mga higala! In line with some so-called “industry practice”, the Bank of the Philippine Islands (BPI) will start charging clients for over-the-counter withdrawals and inter-regional deposits by September 1, 2018.
According to their recent advisory, BPI and BPI Family Savings Bank clients will now be charged P100.00 for over-the-counter withdrawals made from ATM accounts and inter-regional Passbook accounts. Inter-regional deposits will also be charged with a fee of P50.00.
(BPI defines inter-regional as transacting from a bank situated in a region different from your home branch.)
Below are the corresponding fees for BPI transactions and services:
Cash Deposit – through the branch
- Branch of account – Free
- Metro Manila – Free
- Intra-Region – Free
- Inter-Region – Php50 per deposit
Cash Withdrawal – through any branch ATM Account
- Withdrawal amount below/above ATM limit – Php100 per withdrawal
Passbook Account cash Withdrawal
- Branch of Account – Free
- Metro Manila – Free
- Intra-Region – Free
- Inter-Region – Php100 per withdrawal
Check Encashment
- Branch of Account – Free
- Metro Manila – Php100 per check
- Intra-Region – Php100 per check
- Inter-Region – Php100 per check
Foreign Currency Cash Deposit
- USD – P0.10 per USD1 or a fraction thereof
- Third Currency – P0.10 per USD1 equivalent or a fraction thereof
Checkbook
- Personal – Php250
- Corporate – Php500
Manager’s Check – Php75
Demand Draft – Php550
Bank Certification – Php200
Statement of Account Printing -Php50 per page
Safety Deposit Box rental – Php2,000-Php6,000 per year (varies on box size)
No Comments