The Bank of the Philippine Islands (BPI) will start to charge clients for over-the-counter withdrawals and inter-regional deposits to align with industry practice.
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)
Transactions made on your home branch or any branch in the region where it is located (intra-region) will still be free of charge. These updates to BPI’s fees take effect on September 1, 2018. For more info, visit BPI’s advisory here.
Note: OTC fees are waived if ATMs are down.
Source: BPI
How about penalizing BPI for every tech fail, to align with customer experience? The mayhem you caused last April of 2019 is unacceptable!
This country is so amazing with all kind of taxes and fees, yet the country is poor.
they monopolized the banking system, the banker owners agreed that no is one (bank) exempted in the new banking system fees upang ang mga account holders di na maglipatan sa ibang banko kaya walang na tayong choice pati atm withdrawal 20 pesos charge per withdrawal, di close ko nalng account ko, save nlg sa ibamg paraan kasi ito bank nato parating nag ooffline sa sa cebu lalo na sa downtown area, business pa more, wla nang mura ngayon sa duterte admin.
As if they don’t make enough money. These banks are not losing money, they should not be charging depositors for these services.
the fuck with bpi, parang same nasa bdo
does the foreign currency cash deposit cover deposits to your dollar account?
Wow paurong ang banking technology natin. Imbes na tumulong sa mga tao, kaltas sa bawat galaw ang gagawin. Parang govt na din, lahat ng paraan ay gagawin just to milk more money from the people.