BDO Direct Deposit

BDO Direct Deposit

Direct Deposit is a banking term that describes a deposit of money by
a payer directly into a payee's bank account.

Direct deposits are most commonly made by means of electronic funds
transfers effected using online banking systems, but can also be
effected by the physical deposit of money into the payee's bank account.

BDO has an online banking. Once a member, you can Transfer money or
Fund Transfer to any enrolled BDO account.

You can also Send money (Wire Transfer) to local or international banks
through telegraphic transfer.

BDO online banking will enable you to do secure banking transactions
anywhere in the world anytime.

Signing up for BDO online banking is quick and easy, you can do this
anywhere from the world. Just go there website and click enrol now
and fill up the application form after which wait for a call from
there customer service team. Wait for a confirmation email to activate
your online banking account.

Some Pensioners in the Philippines receive their pensions through
direct deposit via there Direct deposit peso savings account.
a Pensioner can open this type of account with zero (0) initial deposit
but you will be required to maintain a monthly balance of 5,000 to
earn interest which by the way is .25% per annum.

One can open any of the BDO Peso Savings Account and enrol it for online
banking and do direct deposit transactions. Initial deposit requirement
is 5,000 and the minimum monthly average daily balance (ADB) requirement
is 10,000.

Service charge for wire transfer is $10 US dollars (BDO and Local).
$10 US dollars (Foreign). There is no limit as to the amount you can

Wire transfer is available only via BDO Internet Banking.