BDO to start charging Php2 for every ATM withdrawals

Upon learning of the news that BDO (Banco de Oro) will start charing Php2USD 0.03INR 3EUR 0.03CNY 0.25 for every ATM withdrawals in their network, I went to the nearest BDO ATM station to double-check.

Indeed, there was an announcement in the screen of the terminal that starting September 1, 2012, BDO will be charging 2 pesos on every withdrawals made by depositors of the very same bank.

Normally, charges are applied when there’s inter-bank or inter-network withdrawals. This time, BDO is charging its own customers for using its own network.

I tried taking photos of the terminal but the announcement was so quick, it could have been only displayed in a second or half a second. I made several transactions but the announcement would not come up again. I think they really made that announcement so obscure hoping that people will not notice.

After repeated attempts and not getting a screenshot, I withdrew all the money that I could from the ATM.

Update: We’re receiving additional reports on similar sightings in BDO ATMs that indicate the Php2USD 0.03INR 3EUR 0.03CNY 0.25 charge is only applicable to BDO Cash Cards. This will not affect the regular savings ATMs.

We’re getting additional verifications from folks from BDO.

Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

https://www.yugatech.com

41 Comments

hii says:

13 years ago

nasan yung screen na sinasabi mo? eh generic message yang nanjan sa blog post mo.. nagmamadali naman kasi magpost eh antagal tagal pa ng september 1
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Sasha says:

13 years ago

Eh ikaw? Comment ka ng comment eh obviously hindi mo nabasa or naintindihan yung post… Sheesh!
yeah says:

13 years ago

Wag bobo, basahin mo muna yung content ng blog, bako ka ganyan. tanga eh!

“I tried taking photos of the terminal but the announcement was so quick, it could have been only displayed in a second or half a second.”
Eizan says:

13 years ago

Ambobo ng nag-post. Obvious talaga ang mga taong di nagbabasa (o di marunong magbasa). Pagkakita ng image, I’m sure nag-amok kaagad sa comments section. Napahiya! Syet! Haha!
darksen says:

13 years ago

obvious na obvious tong si hii na to nag nagaabang lang para makatira hahahha. masama na ugali at napahiya pa. Wag ka mag alala bobo kahit di ka namin kilala alam mo sa sarili mo na napahiya ka lols. Abang ka ulit next time para makatira ka ulit sa mga post dito sa yugatech. mahirap talaga kapag di napalaki ng tama ng magulang naiinggit sa iba. pweh!
Eizan says:

13 years ago

Hello, hii! Maybe you can hide your persona behind your keyboard, but alam na alam mo sa sarili mo na napahiya ka, hahaha! Next time kasi, magbasa ka ng maigi ha? No excuse will suffice for someone who didn’t (or doesn’t know how to) read. :)
cire says:

13 years ago

eh di ikaw yung magpost nung announcement…
blah says:

13 years ago

Think first before you click! Stup*d one!
bill_green says:

13 years ago

baka yan si Robert Carabuena. habang nagtatago e dito sa yugatech nagpapalipas ng oras. naghahanap ng masasampal.
frenchy says:

13 years ago

ikaw nga dyan ang nagmamadaling mag comment ng hindi mo pa bimnabasa yung post eh. pati name hii lang nailagay mo sa pagmamadaling mag-troll. nasabihan ka tuloy ng bobo.

Ernie says:

13 years ago

Well in the states may fee rin sa withdrawal kahit sa bank mo. Nasa Pinas tayo sana maghanap na lang sila ng ibang way to maintain their ATM’s like may advertisement bago lumabas yung pera haha
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Obed says:

13 years ago

It’s like the YouTube ads, pag kapasok nang ATM you have to wait 5-10 seconds kasi may ads.

Then may ads a bottom part nung ATM screen

Then may 5-10 sec ads before lumabas pera mo haha

Or may direct buy, parang home shopping tv, may buy now then dedeliver nalang sa naka register address. Bawas nalang daw sa ATM mo yung prie

Hahahaha

Kendra says:

13 years ago

it’s only the cash card atm bro not the main atm po…i’ve seen that and i panicked too but i waited for that ad again and it says “cash card” so no worries..
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Anonymous says:

13 years ago

Hi! You might want to remove the photo of the ATM screen. People would be looking for it and would get disappointed.
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JB Tizon says:

13 years ago

Confirmed! http://www.interaksyon.com/business/40946/cocktales–bdo-imposes-p2-fee-for-every-depositors-atm-withdrawal
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Banco De Offline says:

13 years ago

Mahirap lang kami. Cash Card gamit ng payroll nammin. Bat kami pang mahirap ang gustong pahirapan.
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Halo says:

13 years ago

Is this how BDO plans to do to earn more money? Mabuti pa ang ibang banks, pero di din natin alam. BPI has been very keen to withdraw from their several ATMs to avoid unnecessary charges. Even inter-branch deposits doesn’t have additional charges. If an average of 60k transactions are made via BDO ATMs a day, that converts to 120K PHP earnings. Nauubos na ata ang pera ng BDO/SM sa dami ng projects kaya kailangan ng dagdag kita pang puhunan :(. THis is the first time I posted in Yugatech and all I can say is that I am disgusted on how BDO did things to their customers.
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Abetoy says:

13 years ago

Thanks Yuga, akala sana nga sa BDO Cash Cards lang yan.. Abuso na yan ah http://kabayantech.com/2012/08/bdo-depositors-to-charge-php2-for-every-atm-withdrawal/
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Eds says:

13 years ago

“We find ways to charge you more” – BDO
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berto says:

13 years ago

+1

Doc Harry says:

13 years ago

If I’m not mistaken, the BDO Cash Cards are their version of debit cards. I’ve seen yellow ones. They are different from regular SA ATM cards (which actually are printed with “ATM Debit Card” on the front and are usually blue. Kawawa nga yung may payroll through Cash Card. :( In the US, yes it is standard practice to charge for ATM transactions, ESPECIALLY in your own bank.
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