BLOGGED PHILIPPINES

I have experienced using many bank services in the Philippines but, to date, Bank of the Philippine Islands (BPI) Service is still the best . Here's 5 of my reasons. 1. BPI ATMs is everywhere When you have a BPI account whether a savings account or credit card, you can get cash through their ubiquitous ATM booths. You don’t have to use other bank’s ATM to withdraw cash and be deducted 12 pesos for doing so. It’s a little savings but can become bigger when accumulated. 2. No Deposit Charge Other banks charge 50 pesos when you deposit from a branch Visayas to Luzon account. BPI doesn’t have that. You can deposit to any account in the Philippines without having to pay an extra. Again, small savings but becomes bigger especially if you regularly remit money. 3. Encash/Deposit Checks without charge Other banks charge 50 to 100 pesos when you encash your check. Again, BPI doesn’t have that. You can get the value of your check down to 25 cents. And it even works when you depo...

Update: The online application facility is temporarily unavailable. Please visit the nearest BPI or BPi Family Savings Bank to apply. Do you want to have a savings account with maintaining balance of as low as zero pesos? We'll, try BPI Direct Savings Account . BPI Direct Savings has the following features: 1. ATM/Debit Card 2. Access to online banking at www.expressonline.com 3. Interest rate of 1.375% (higher than its equivalent on other banks) BPI Direct Savings Bank is one of the two subsidiary banks (the other one is BPI Family ) of the oldest bank in the Philippines, Bank of the Philippine Islands (BPI) . Its main focus is on internet and telephone banking that is very applicable to those who are working away from their families (OFWs) who frequently send out money to them. How to Apply? Unlike BPI and BPI Family savings accounts , you don't need to go to a BPI branch to apply for it. In fact, you just can't apply through a branch office. BPI Direct S...

Bank of the Philippine Islands (BPI) is one of the largest banks in the Philippines today and the oldest with over 100 years since its establishment in 1851. Today, BPI has been one of the trusted banks in the country as it has shown itself resilient in the many economic crisis that befell the Philippines. So if you're planning to have your first ever bank account, definitely, BPI is highly recommended. Here is the step-by-step procedure on how to apply for a BPI accoun t. For those who are not aware, Bank of the Philippine Islands has two other subsidiary banks- BPI Family savings bank , and BPI Direct Savings Bank. BPI current logo. Image by Source, Fair use,  LINK  Additional Info: I asked a BPI personnel abut the difference between the three BPI banks and she answered me these: BPI Bank is focused primarily on corporate accounts. BPI Family Savings Bank focuses on individual savings accounts. BPI Direct Savings Bank is focused primarily on telephone and on...

Do you want have a savings account but don't want a high maintaining balance? Typically, banks require at least ~3000 pesos average daily balance (ADB) on a savings account. If the ADB falls below that, a monthly penalty amounting to around 150 pesos will be deducted from your balance. If you continue failing to meet the ADB, the penalty will soon deplete your account and eventually, it will be closed. Well, here's a good news! Bank of the Philippine Islands' subsidiary BPI Direct is offering a savings account with a maintaining balance of as low as 0 pesos. Yes, you read it correctly.  The name of the account is BPinoy Savings. But here's a little condition. There must be at least one remittance transaction every three months. If you can't meet that small requirement, there's another type of savings account: BPI Direct Express Teller Savings Account. The maintaining balance is 500 Pesos. How to apply? What makes BPI Direct really nice is that ...

If you can't access your BPI online account today, well you're not alone. I tried too today without success after many attempts. If you are wondering about the reason behind this, then, here's the reason: BPI Maintenance Mode. If you waited until your login request expired, this message will be displayed to you (see image below): How Long? The honest answer is: I don't know. Yesterday, all BPI branches were OFF. All banking transactions were halted starting around 9AM. I was able to do my banking activity around 5PM already. When I asked the clerk how long does it usually take to restore their system, she just simply said, she don't know because it varies from case to case. Yesterday's incident may or may not be related to today's offline mode but it is safe to assume that it won't be restored as quickly as we think it is. Phone Banking If you really have urgent banking needs today, you are advised to call BPI Customer  service nu...