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Sending Money to my BDO kabayan Account

Discussion in 'Money Matters' started by Emz|Ray❤, Nov 15, 2016.

  1. Emz|Ray❤
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    Emz|Ray❤ Member

    Good Day ,

    I just want to ask about sending money using Bank to Bank . My fiancee using world remit everytime he send me money . Last April 2015 I decided to open Bank account in PhilI points which is BDO KABAYAN SAVINGS ACCOUNT (no maintaining balance needed) .This kind of account is fit only if you have relatives/boyfriends etc who are sending money from abroad. In my situation, I have more than 20k savings in my BDO KABAYAN SAVINGS ACCOUNT , I'm just bit worried now because the policy of this account is if nobody send money in my BDO account from abroad with a yeat they will automatic get 10k as a regular maintaining balance . I mean my account will be automatic as a regular account which is (10k Maintaining bal) . Can you gave me an idea if my fiancee could send money in my account before 2016 end? Thanks a lot xxx
  2. OrB
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    OrB Member

    Try transfer wise
    https://transferwise.com/u/d061d2

    I am able to send money to my mom on her kabayan savings account.
    Transfer fee is also included in the amount and exchange rate is good as well.

    Cheers.
    • Like Like x 1
  3. Maley
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    Maley Active Member

    You are correct, if there are no movement in the said account then it will be switched to normal savings account. When was the last time your bf sent money to it?
    At the same time, if there are no movement to it to more than 1 year (or 2 yrs) they will consider it inactive.
  4. Emz|Ray❤
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    Emz|Ray❤ Member


    Hi Maley

    just open last April 2016 and never tried recieve money from abroad. Coz he always use world remit . but I'll try the TRANSFER WISE . but it takes days before your recieve the money . tsk !
  5. Emz|Ray❤
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    Emz|Ray❤ Member


    Thanks Orb,

    Anyway is this legit ? how many days before I recieve the monEY into my account?
  6. OrB
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    OrB Member

    Well I transferred money to my mom last Friday. Transferwise said it may take up to 6 hours to complete the transfer. But it only took less than an hour really.

    I checked it with my mom and she said it's in her account already.
    • Informative Informative x 1
  7. Emz|Ray❤
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    Emz|Ray❤ Member

    Wow. thank for the information @OrB
    Is there any specific amount to be send or any amount as long as it's from abroad?
    • Like Like x 1
  8. OrB
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    OrB Member

    Minimum of 1 php plus the transfer fee.
    So maybe at least 3 gbp or more.
    • Like Like x 1

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