Wednesday, March 24, 2010

BDO Kabayan Savings

I have been having problems with bank transactions especially remittances from abroad. It takes days for me to wait for the remittance and its so inconvenient for me. The bank says it will take 3-4 working days. But the worst part I've encountered was whenever there is a holiday it takes almost a week. It is so annoying.

That's why I looked for a better bank that will be beneficial to my needs. I happen to encounter BDO accidentally. My remittance that was supposedly received directly by my bank was received by BDO remittance Phil., because the money remittance agency (abroad) was not affiliated with my bank. And so, BDO will be depositing it to my bank via over the counter. I asked them, "if ever I have BDO account how long will it take for me to receive remittanc?" They courteously entertained my queries and said, "it will only take within 24 hours." And so I was convinced. I tried. They also told me to open Bdo Kabayan Savings, my maintaning balance will only be Php100 for the Peso. And for the Bdo Kabayan Savings Dollar it will only be $100, compared to other banks who require $200 and $500 dollars as opening and maintaining balance. So far, I've been banking with BDO for almost a year now and I haven't got any problems with it. When the remittance was deposited like 10pm (Phil. time) in the morning when I check with my branch, the money is already in my account. "Whew. No hassle at all."

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