Showing posts with label Bank. Show all posts
Showing posts with label Bank. Show all posts

November 11, 2022

Ultimate Guide to Maya's #1111MoneyDay

Get ready for ultimate deals on your holiday shopping with Maya's #1111MoneyDay!

We're excited to share with you the ULTIMATE GUIDE to Maya's #1111MoneyDay. Spend with Maya this 11.11 and enjoy deals up to 50% off, up to P1,111 cashback on your bills, a chance to win P1M Bitcoin, and so much more!

Check out  #1111MoneyDay cheat sheet below, for a list of all exciting offers! 






If you need more info on a certain deal, simply head to maya.ph/moneyday.

October 29, 2022

Maya Unveils One of the First 3D Billboard Ads in the Philippines

Maya, your all-in-one banking app, marks another milestone as they unveil one of the first 3D billboard ads in the Philippines!

This leading-edge 3D Naked Eye LED billboard features an eye-popping display - boasting a full size of 40.8 x 9.9 meters – that’s almost the area size of a professional basketball court! Located atop One Bonifacio High Street, this ad brings a 3 story-high, larger-than-life 3D experience displayed front and center on the busy streets of BGC.

The 3D video ad material featured here brings to life how Maya is the most advanced digital bank in the Philippines - highlighting its high-yield savings account with daily interest payout. 

"We’re excited to be one of the first brands to launch this first-of-its-kind, cutting edge media innovation in the country. This execution perfectly captures the Maya brand - bold, impactful, and innovative,” said Pepe Torres, Chief Marketing Officer for Maya.

So the next time you’re in BGC, spot the Maya 3D billboard ad and share with us your photo on social media!

You can catch this ad until December 2022.

Check out this ad here!










February 27, 2021

BDO posts P28.2 billion net income in 2020


BDO Unibank, Inc. (BDO) posted a net income of P28.2 billion in 2020 from P44.2 billion in 2019, due mainly to pre-emptive provisions of P30.2 billion set aside against potential delinquencies from the pandemic. The Bank relied on its strong and resilient business franchise and balance sheet to support core business operations, despite significant hurdles from the pandemic and ensuing economic lockdown. 

Net interest income (NII) grew by 12 percent to P133.7 billion.  Loans managed to grow 3 per cent to P2.3 trillion driven by consumer and corporate accounts.  The Bank continued to assist its borrowing clients, ensuring their uninterrupted access to credit facilities, in addition to granting loan moratoria under Bayanihan I and II.  

CASA deposits continued to climb, growing 17 percent to P2.1 trillion, as clients were able to access BDO products and services through its branches, ATMs and digital channels even during quarantine restrictions.  

Non-interest income declined 8 percent and settled at P55.2 billion, supported by fee-based income, trading gains and insurance premiums.  Business volumes were initially impacted by mobility restrictions, but have since begun to recover gradually.  Wealth management, on the other hand, remained resilient with trust volumes and fees sustaining growth.  Trading gains increased as the Bank capitalized on favorable market conditions while insurance premiums grew modestly despite the initial impact of the lockdowns.

Operating expenses decreased 2 percent to P112.6 billion due to a reduction in marketing and volume-related expenses.

The Bank’s provisions of P30.2 billion were in line with prudent credit and provisioning policies, meant to further strengthen its balance sheet.  The NPL ratio stood at 2.65 percent with NPL coverage at 109.5 percent. As of yearend, the Bank’s total Loan Loss Reserves were equivalent to 3 percent of Gross Customer Loans, and are considered more than sufficient to cover for potential losses.

The Bank’s capital base expanded to P393 billion with its Capital Adequacy Ratio (CAR) and Common Equity Tier 1 (CET1) at 14.4 percent and 13.2 percent, respectively, comfortably above minimum regulatory levels.   The Bank’s capital increased by 6% despite the pre-emptive provisions and the business impact of COVID-19. Book value per share likewise increased 6% to P88.11 from P83.03 in 2019.

BDO remains cautiously optimistic on a gradual upturn in 2021. With its extensive market reach and devoted workforce, the Bank remains committed to providing banking products and services attuned to its customers needs. These include digital upgrades that allow easier and safer access to services, such as QR code-based ATM and merchant transactions. These are part of the benefits expected from its ongoing Next Generation IT upgrade. 

 


About BDO

BDO is a full-service universal bank that provides a wide range of corporate and retail banking services.  These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards and credit card services.  

BDO has the country’s largest distribution network, with over 1,400 consolidated operating branches and more than 4,400 ATMs nationwide.  It also has 18 overseas remittance and representative offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of December 31, 2020. For more information, please visit www.bdo.com.ph.



July 18, 2020

Robinsons Bank launches RBank Biz and QR facility to help businesses move forward to the next normal

With the new normal set in place, many Filipinos have begun exploring online market spaces as alternative means for their livelihood. From baked goods, handcrafted masks, electronics, and more, the e-commerce landscape has been thriving with unique business ventures.

Despite the struggles brought by the COVID-19 situation, they quickly found creative and innovative ways to help them during these challenging times.

As the e-commerce landscape surges  and the global trend for contactless transactions continues to grow, Robinsons Bank is introducing the RBank Biz Portal and capability – new safe and efficient ways to help buyers and sellers manage their business during this crisis.





Wider choices mean greater opportunities

Take your business to greater heights with RBank Biz. Here’s a business solution that’s guaranteed to provide you ease and convenience!

RBank Biz is an online platform where business owners, even online sellers in Facebook, can take advantage to help them in managing their cashflow.  Interested e-commerce sellers and micro business owners can easily apply to become an RBank Merchant through its digitized application process. The application process can take as short as three (3) days, depending on their type of business.  With RBank Biz, not only does it provide more payment options to customers, but also ease and safety in completing their transactions.

No matter how small or big the business is, RBank offers online and offline payment channels such as Point-of-Sale (POS) terminals for debit and credit cards, E-Commerce Payment Solutions, and QR Code payments for cashless, cardless, and contactless transactions.

This will allow business owners to reach a larger customer base since this platform will be able to accept payments from other local banks. What's more, it gives their business added visibility in RBank's website.

Soon, RBank Biz will enable a Merchant Dashboard where RBank merchants can easily track their receivables, providing a robust sales monitoring facility for their business. And the greatest part of this service to its clients, RBank Biz is all FREE!

Just visit www.bit.ly/RBankBiz and become an RBank Merchant today.

Enjoy the QuickR way to pay and receive payments via QR

With the gradual shift to contactless transactions, RBank QuickR is the perfect solution to get your hands off handling cash and remain safe from the covid virus.

RBank’s QR (QuickR way to pay) is a cashless payment solution that allows RBank accountholders to send and receive digital payments from other RBank accounts or RBank Biz merchants via QR code, and without investing in any hardware.

Furthermore, RBank’s QR promises a contactless payment, ensuring minimized contact between merchants and customers. Through RBank’s QR, payments received are credited to the RBank account in real-time ensuring efficient cash flow. Users need not worry about security since all information transferred via QR code is encrypted and secure. In a few months, expect RBank QuickR QR code to have the capability to receive payments from other banks! 

To cater to the market's changing needs especially as the world adjusts to the new normal, Robinsons Bank is committed to its promise to expand its products and services to serve you better and to be your partner towards a brighter future
Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019.


For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like us on Facebook at www.facebook.com/robinsonsbank. Stay updated and join RBank’s Viber Community at https://bit.ly/RBankCommunity to know the latest announcements.

July 6, 2020

Free cash-in via BPI, BDO, Unionbank and other banks with InstaPay - GCash


Users of GCash, the undisputed leading and preferred mobile wallet in the Philippines, can enjoy FREE cash-in services using banks with apps and websites that are powered by InstaPay.

GCash users who have bank accounts that allow them to digitally top up their e-wallets may use the cash-in service for FREE. For instance, GCash users who are also BPI account holders may use their BPI mobile app to transfer money to their GCash wallets for FREE.

Aside from BPI, over 30 banks allow their account holders to top up their GCash wallets for FREE, including BDO, Metrobank, RCBC, etc. Cashing in via bank apps and websites may differ per financial institution.

“GCash provides great value to the lives of Filipinos, especially now that we are transitioning to the so-called new normal. Digital finance will play a big role during these times, and providing the free cash-in via bank apps and websites through the InstaPay service will help GCash users maximize the use of their mobile wallets,” GCash President & CEO Martha Sazon said.

Aside from being free, cashing in via bank apps and websites is also real-time, which means that the amount transferred from a bank account to a GCash account should reflect immediately. Cash In via Instapay is free for most banks.

GCash users may use their mobile wallets for a variety of financial services. GCash empowers users to pay for physical and online transactions to over 75,000 merchants, transact with over 400 billers, and transfer funds to over 40 banks in the Philippines.

They may also use their GCash wallets to buy airtime load, save money, invest in money market funds, and purchase insurance products.

Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc.

For more information regarding bank app cash-ins, customers may visit https://help.gcash.com/hc/en-us/sections/900000085683-Cash-In-via-Bank-EMI-Apps.

June 15, 2020

Robinsons Bank wins PH ‘Fastest Growing Commercial Bank’ for the 2nd time

Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines.

Robinsons Bank once again wins as the “Fastest Growing Commercial Bank— Robinsons Bank wins PH ‘Fastest Growing Commercial Bank’ for the 2nd time  2020” in 6th Global Business Outlook Awards, securing a back-to-back win of a highly-coveted recognition.

Geared towards creating a more significant presence in the banking industry, RBank has maintained a sound financial performance since the rollout of Roadmap 2020 in 2015 when President Elfren Antonio S. Sarte took over the bank's leadership.



RBank continues to make waves in the industry as the Bank's profitability continues to be on the uptrend.

In 2019, RBank's revenues grew by 28% from its 2018 performance, registering a total of Php 8.1 billion, driven by a 17% expansion in its gross loan portfolio. RBank's total net income in 2019 rose to Php 719.4M, marking a 127% increase.

The 6th Global Business Outlook Awards aims to recognize the excellence shown by various companies from all around the world in both the private and public sectors, highlighting the innovation, creativity, and exceptional performance that they have shown. 


SEE: Robinsons Bank wins Fastest Growing Commercial Bank – Philippines 2020

Expanding products and increasing visibility

Early last year, RBank launched the IPONsurance®, an interest-bearing deposit account that comes with free life insurance. Its coverage extends up to four times the average daily balance (ADB). It is designed to provide Filipinos with better choices and a more comfortable and more affordable path towards a financially secure future.

Additionally, RBank also launched a co-branded product with Robinsons Retail Holdings Inc. (RRHI), the Robinsons Cashback Card. The Robinsons Cashback Card lets clients enjoy a shopping experience that’s more rewarding as they earn up to 3% cashback when they shop in RRHI affiliated stores, and up to 1% cashback on non-affiliated merchants.

RBank Sign Up – an irresistible convenience

Get ready to have your bank account in just minutes!

Boasting an all-digital process of opening an account, RBank Sign Up requires only one (1) government-issued ID, uses facial recognition and real-time ID detection for a hassle-free experience. Clients can also get their account details in minutes after completing the account opening process.

All these done without ever having to visit a branch.


RBank Digital – online banking


Robinsons Bank is continuously enhancing “RBank Digital” -- its online banking platform -- to ensure a convenient home-banking experience for users. Aside from the regular transactions that online banking can do, such as fund transfers, balance inquiry, transaction history, bills payment, and more. 

With the new upgrades in its online banking feature, users can now view their credit card transactions in real-time, and soon be able to transfer funds through a QR code and even enjoy the QR – a “QuickR way” to pay in participating stores online.


Embracing an award-winning year

Robinsons Bank gained (8) awards for 2019 at both the international and local levels.

The Bank was recognized for its exemplary performance as a commercial bank, earning the titles “Best Commercial Bank in the Philippines 2019” from the International Banker and “Fastest Growing Commercial Bank—Philippines 2019” as awarded by the Global Business Outlook (GBO).

Additionally, in 2019, the Simple Savings Deposit Account was awarded as the Most Innovative Banking Product by the GBO and the Most Financially Inclusive Program by the Bank Marketing Association of the Philippines. The Robinsons Bank DOS Mastercard was also named as the Most Innovative Credit Card product by the GBO. RBank was also recognized by Visa to have the Highest Number of Contactless Transactions – Acquiring in 2019.

As January 2020 rolled in, the Robinsons Bank Treasury team received the “2019 Project of the Year” award for its Treasury IT Solutions Optics project. The award was given by Finastra, the third largest FinTech company in the world. Lastly, in February, Robinsons Bank’s Annual Report 2018 won a Silver Anvil in the 55th Anvil Awards.



With RBank, the future is bright


For two consecutive years, Robinsons Bank was awarded the “Fastest Growing Commercial Bank – Philippines 2020” at the 6th Global Business Outlook Awards confirming the aggressive rise of RBank amidst industry challenges. 

More so, it projects the trust and confidence of its depositors and investors in the bank and its commitment to service excellence.

Even with the challenges posed by the “new normal”, RBank remains committed to its customers with the continued enhancement of its products and services, embracing digitalization even more, in order to respond with agility and swiftness to the changing needs of the customers in the midst of the challenges. 

As RBank chairman, Lance Gokongwei puts it, “We will navigate through these uncertain times and find new ways to deepen our relationship with you by providing services that will help strengthen your financial position”.

Putting customers at the heart of every product, RBank continues to provide financial solutions that empower every Filipino to dream big for their future. At Robinsons Bank, we bring banking closer to you while bringing you closer to your dreams.



Robinsons Bank is the financial services arm of the JG Summit Group of Companies, one of the largest conglomerates in the Philippines. It currently ranks 18th among universal and commercial banks in the country, with assets amounting to Php 131.088 Bn as of December 2019.

For inquiries and concerns, you may reach Robinsons Bank through its Customer Care Center at (02) 8637-CARE (2273) or domestic toll-free 1-800-10-637-CARE (2273); or visit its website at www.robinsonsbank.com.ph. Like them on Facebook at www.facebook.com/robinsonsbank/ and follow them on Twitter @RBankCorp for the latest promo.

May 8, 2020

How to #COVID19-proof your finances


As the enhanced community quarantine is scheduled to end on May 15, it is expected that there will be a limited return to normal activities. It means some people will be going back to work and public transportation will also be allowed--also in a limited manner. That said, hard to say that life will go back to the way things used to be in the immediate future.

One of the pressing concerns will be the country’s economic position. Since economic activities are not back to normal yet, it’s expected that the global and national economies will go through a slowdown, if not a recession. This will naturally affect everyone -- from businessmen to workers and consumers. The question in the minds of many is how should people cope with this situation?

According to Fitz Villafuerte, a registered financial planner, the first thing people need to do is have the proper mindset to help them see see the situation clearly, accept reality, and respond in the right way. 

“The best mindset in dealing with these uncertain times is that of a Stoic,” Villafuerte said. The Stoics are ancient Greek philosophers who taught people the proper way to think and live life. 

“One of the basic tenets of Stoicism is drawing a line between the things we can control and the things we cannot control. We don't have much control over the global and local economy. There are so many factors at play that affect it,” he said.

Since economic movement is beyond everyone’s control, Villafuerte said it’s better to focus on the things that people have control over.

“We have a lot of control over our personal economy -- our cash flow is most affected by our own decisions, actions, and habits. It’s important to be aware of what’s happening but at the end of the day, we should remain focused on our personal finance because that’s where we have control,” Villafuerte explained.

Villafuerte shared five tips to put personal finances in order during the pandemic:

List down your expenses. Live simply and spend wisely. Study how you are spending your money during these financially constrained times. Adjust your spending by living a simpler lifestyle and be strict on spending mostly on your needs. 

Spending on your needs is the priority, of course. However, that doesn’t mean you should give up on some of the wants that make you happy. Just be sure that when you buy certain wants, these are still within your set budget and will not compromise your needs. 

“As long as you are able to save, then just continue your habit. But if you're up for a challenge, then see how you can increase your monthly savings rate when things start to go back to normal. If you're not a saver before, then it's a good time to learn practical saving strategies such as the concept of paying yourself first, and applying it as soon as you can,” he said.

Explore and learn mobile and online banking, digital banking, and digital wallets. 

With public transportation either non-existent or few in number, and business operations still limited, it’s better to switch to online and digital transactions. Not only is this more convenient, it also achieves physical distancing to lessen exposure to the coronavirus. 

Clean your house. Use up the time at home to organize your house. Group your household items into four categories:

Keep, Sell, Donate, and Throw. Doing this helps practice your mind to be more organized, free of clutter, and able to prioritize what’s most important. Do this same checking and organizing with your financial and legal documents. 

Define, revisit, and reassess your financial goals. The COVID-19 pandemic is going to change our world in the short, medium, and long-term. This means that our financial goals will also have to be adjusted. It’s a good time to re-think them now and plan accordingly. 

Explore, learn, and make money online as a freelancer. While there isn’t any vaccine or cure for COVID-19, many of us will either work from home or need to find freelance work that can be done online. This provides us an opportunity to learn new skills as a freelancer, so we can make money online. 

Besides these five tips, Villafuerte also has some advice regarding investments. As the world economy struggles to recover from the financial shocks caused by the pandemic, Villafuerte says the best rule of thumb when choosing an investment is to look at your own financial goals. 

“Usually, we have short-term, medium-term, and long-term financial goals. You have to choose different types of investments based on the time you allot for attaining those goals. For example, if you have a long-term financial goal that you want to achieve in 10 years, then you can invest in the stock market or equity funds. 

“Since your time frame is long term, there’s enough time to ride through the ups and downs, the volatilities in the market, like what’s happening now with the pandemic. This allows your investment to make money many years in the future,” he said. 

However, for short-term goals, Villafuerte recommends investing in low-risk investments like time deposits or money-market funds. For medium-term goals, then medium-risk investments like bonds and balanced funds would be the better choice. 

“Moreover, it's important to understand that investing is not a one-time thing. It's not something you do only when you feel like it or when someone says it's a good time to invest. It should be a habit that you do regularly, month after month if possible, and continuously for many years.”

“Always invest according to your financial goals. Before investing, you need to ask first, when are you planning to use the money? What will it be used for? Once you know this, it will be easier to choose which investment to go into,” he said.

Finally, Villafuerte says times like a pandemic are a good time to buy insurance. “It’s one of the best tools for financial protection. As we cope with a lot of uncertainty, it’s good to have insurance that will protect the family in case something happens to the breadwinners. Insurance is a necessity for breadwinners,” he said.



BDO, the largest bank in the country, continues to operate select branches during the enhanced community quarantine in Luzon. This is in keeping with its commitment to address customers' financial needs and to help keep the economy running.

For inquiries on which branches are open and for online services go to www.bdo.com.ph




#BANKyanihan

May 7, 2020

#MeaningfulBanking : From Passbook to Phone: Embracing the mobile banking lifestyle

The COVID-19 pandemic has definitely changed the way the world works. The need for social distancing and quarantine travel restrictions have made previously-straightforward tasks such as banking transactions far more challenging.

So what is the best way to cope? As in many cases, the use of available technology can make things a lot easier.



Metrobank, one of the country’s top banks, is actively encouraging all of its clients to transition to mobile banking. While their staff is ready and fully capable to serve clients face-to-face, online options have added a layer of safety amid the Enhanced Community Quarantine (ECQ).

Most banking tasks can now be done via your phone or computer, so you don’t have to go out and line-up to a teller to manage your finances. 

Here are just some of them, and their practical applications.

1. Balance monitoring

You don’t have to go to your ATM or ask a teller to know how much money your accounts have. All you have to do is fire up your Metrobank Mobile App and you can see your balance in real-time.

You can even monitor your recent activities, both debit and credit, so you don’t have to guess if you really did or did not approve of certain transactions.

Apart from aiding financial discipline, this helps detect and prevent fraud.


2. Fund transfers



Needless to say, the most fundamental transactions can be done online. Transferring money to another account, same bank or otherwise, can be done with a few taps or clicks.

In the case of the Metrobank Mobile App, all you have to do is put in the recipient’s Metrobank account number or their app-registered mobile number, the amount you need to send, confirm, and you’re done. The transfer is also reflected in real-time so the recipient won’t have to wait for a day or so before checking to confirm if they’ve received the funds.

You can also choose to enroll “Peer” accounts that you regularly send money to so you don’t have to always input their account number or mobile number. You can even schedule these transfers to happen automatically in a given period if you choose.

Sending money to other banks is also possible via InstaPay, which credits funds real-time, or PESONet. Fees for these transactions are waived during the ECQ when done using the Metrobank Mobile App.

This is especially useful if you’re looking to send money to help out friends and family, or paying for goods and services that you procured online.


3. Bills payment

Even though malls and some payment centers are closed during the ECQ, the Bills Payment utility in the Metrobank Mobile App allows you to pay your bills directly from your bank account.

After enrolling the most common payable bills to your account (Meralco, PLDT, Globe, Smart, etc.) and selecting them, all you have to do is to enter the account details and amount due to complete your payment transaction.


4. Cardless Withdrawal

In a situation wherein you need to withdraw cash but forgot to bring with you your ATM Card, you will find useful the Cardless Withdrawal feature in the Metrobank Mobile App.

Cardless withdrawal allows you to withdraw a certain amount from your account without having to use your ATM card in any of the 2,300 Metrobank Group ATMs. 

To facilitate this feature, open the Metrobank Mobile App then simply key in the amount you wish to withdraw and a four-digit Personal Identification Number (PIN) of your choice. The app will then provide you with a six-digit PIN that pairs with yours.

Once confirmed, go to the nearest Metrobank ATM or PSBank ATM, press ENTER in the ATM Keypad, key in the amount and the PINs, and the machine will dispense the requested amount.

Even before the ECQ, these mobile banking features have been available, but they are particularly useful during these times. One of the things that we can take from our current stay-at-home situation is to change our banking habits and transition into a more convenient and secure digital banking lifestyle.


To know more about the features of the Metrobank Mobile App, please visit the Metrobank website at metrobank.com.ph or Metrobank’s Facebook page at facebook.com/metrobank.

_____________

Metrobank is the country’s premier universal bank and has one of the largest domestic networks with over 950 branches and over 2,300 automated teller machines (ATMs) nationwide, and over 30 foreign branches, subsidiaries and representative offices. For inquiries, please contact Corporate Communications Department at 8-857-5526, or Investor Relations Department at 8-857-9783 and investor.relations@metrobank.com.ph. Or call the Metrobank 24/7 Customer Hotline at 8-870-0700, or log on to www.metrobank.com.ph. For provincial areas, call toll-free 1-800-1888-5775.

April 1, 2020

BDO Unibank finds ways for clients to bank during quarantine


Amidst the lockdown and enhanced community quarantine prevailing in Luzon,  and ever since the extended community quarantine was implemented to curb the spread of the COVID-19 pandemic, banks have been serving their customers in new ways.

BDO Unibank remains open to service the banking needs of clients. BDO Unibank encourages the heightened use of online banking service to protect the public from the spread of the pandemic.

The number of open branches is reduced, banking hours are shortened, and skeletal force is in effect where possible. While the objective is to keep serving the urgent banking needs of clients, the adjustments in operations aim to protect the health and safety of both the customers and the front liners.


In this unprecedented situation, customers’ understanding and openness to adapt to the “new normal” is valuable. BDO Unibank, for instance, is offering alternatives to branch banking, from promoting its online and mobile banking services to keeping its other channels available.

This way, even if the branch near them is not available or handling heavier than usual transactions, their banking activity will not be hampered.


Online and mobile banking

BDO encourages its clients to bank from home via its online and mobile banking services. Using its digital channels, clients can pay bills, send money, load up their prepaid mobile phones, and check account balances.






To sign up for online banking, visit www.bdo.com.ph, click on “Online Banking Login,” then “Enroll Now!” on the login box. After filling out the forms, expect an ATM activation code. Use this code to confirm enrollment at the nearest BDO ATM.



Clients with an activated online account can enjoy the ease and convenience of banking using their mobile devices. They can download the BDO Mobile App and access its features using their registered username and password. A One-Time PIN (OTP) will be sent via SMS to add their device for further security.

To learn more about BDO Online Banking, click here: https://www.bdo.com.ph/personal/ebanking/online-banking


BDO reminds its clients to never give away their personal information to anyone when banking online. Personal information consists of bank account numbers, usernames, passwords, and One-Time PINs (OTPs). The bank will never ask for this information.


Other banking channels

BDO has it wide network of ATMs and Cash Accept Machines available. Here clients can withdraw and deposit money, and even pay bills.

Cash Accept Machines also allow card-less transactions like cash deposits to Peso savings/ check accounts or cash cards. To learn more about its other services, visit: https://www.bdo.com.ph/ebanking/cash-deposit-marchine.

“Over the past few days we have taken steps to ensure, as best we can, continued and uninterrupted service you have grown accustomed to. Given the enhanced quarantine procedures and the limited transportation available, we have taken steps to ensure continuity of service and ease of adjustment on your part during this difficult period,” the bank said in a statement.



Keeping banking channels open. BDO ATMs and Cash Accept Machines are open for clients to withdraw and deposit money, and even pay bills.

BDO, a full-service universal bank which provides a wide range of corporate and retail banking services. 

For more information, please visit www.bdo.com.ph.

March 26, 2020

BDO Unibank offers a safer way to bank amidst Covid -19

Amidst the enhanced community quarantine prevailing in Luzon,  banks remain open to service the banking needs of clients. 

BDO Unibank encourages the heightened use of online banking service to protect the public from the spread of the pandemic. 


“We urge our online banking users to share and teach their family and friends how to sign up and use BDO Online Banking so they can bank safely from home,” the Bank said in a statement.

BDO has provided steps to guide its customers on how to sign-up for online banking. These are found on its official website www.bdo.com.ph, official Facebook Page and BDO Youtube channel.


With BDO Online Banking, customers can perform transactions such as Send Money, Pay Bills, Reload and more. 






Apart from online banking, BDO’s network of ATMs and Cash Accept Machines is always available for cash withdrawal, bills payment and deposit. 

Visit the following Links:

BDO Facebook: 

How to Sign Up for BDO Online Banking: https://web.facebook.com/BDOUnibank/posts/2541550816061071?__tn__=-R

BDO Online Banking Features: https://web.facebook.com/BDOUnibank/posts/2541565119392974?__tn__=-R


BDO Website: 
https://www.bdo.com.ph/personal/ebanking/online-banking







March 20, 2020

GCash says fintech could help facilitate fund transfers amid national emergency due to Covid-19

With restricted mobility and limited options due to the enhanced community quarantine of the whole island of Luzon and local lockdowns of other cities and provinces, Filipinos may opt to send and receive money to and from their loved ones via their mobile phones. 

Aside from mobile wallets being more convenient -- as anyone with a mobile digital finance account could transfer money anytime and anywhere -- the use of financial technology for fund transfers also supports the government’s initiative of keeping people in their homes. 

The government has declared the spread of the novel coronavirus (COVID-19) as a national health emergency, with various national and local government units implementing strict home quarantine procedures to stop the further transmission of the deadly virus.



GCash, the leading mobile wallet in the Philippines, emphasized that Filipinos should leverage a financial ecosystem that allows them to do more with less, especially during emergencies. 

“We highly encourage the use of fintech platforms for both individuals and businesses to complement the initiatives of both the government and the private sector. We at GCash vow to facilitate the swift and reliable transfer of money from one mobile account to another in support of the collaborative efforts to fight COVID-19,” GCash President Anthony Thomas said. 

Through their GCash apps, users may send money to other GCash users or even account holders of other bank accounts and financial institutions.

Express Send, found under the Send Money Tile, allows GCash users to send money to another GCash account in real time and for free. They may also include a short message to the receiver when using this feature. 

Aside from withdrawing cash from their digital wallets, GCash account holders may use their funds to transact either online or offline. This further reduces the need for GCash users to go out and handle cash during the enhanced community quarantine.

Meanwhile, GCash account holders may also transfer funds to almost 40 banks and other financial institutions through the Bank Transfer feature. GCash users simply have to select the bank of the receiver, input the receiver’s details and the amount to be sent, and click send. This service is for free and bank transfer is real time.

Banks and traditional remittance centers charge fees for transferring funds. Some could go as high as P500. 

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno already sought the cooperation of banks and other financial institutions in giving relief to those using banking services during the heightened national emergency. 

“We strongly encourage our supervised financial institutions to temporarily suspend all fees and charges imposed on the use of online banking platforms or electronic money, including those imposed on the use of Instapay or PesoNet electronic fund transfer. This will enable the general public to facilitate banking transactions during the Covid-19 situation,” Diokno was quoted as saying. 

Sending and receiving money via GCash -- whether peer-to-peer or interbank -- have always been free since day one. 

“For more than a decade now, GCash fund transfer services have always remained free. We remain committed to ensuring that our services directly make an impact on the lives of many Filipinos by providing them with low-cost, efficient, and reliable financial services just like fund transfers,” Thomas said. 

Aside from leveraging fintech to transfer funds, GCash also encourages Filipinos to help #FightCOVID19 by joining the digital donation drive that it launched in the GCash app. Through this, anyone with a GCash account can help support frontline health workers. To donate, GCash users simply have to click on the “Pay Bills” icon, choose “Others,” click on the “FightCOVID19” option, and then input the amount that they would like to donate before hitting send.

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