Posts under Banking

How to transfer money from BPI to another account?

Posted May 19, 2016 under Banking | No Comments

I want to transfer money from my BPI savings account to another BPI account that’s not under my name. I transfer funds to a lot of people, and they’re different every time, so I don’t want to enroll them. Is there are way to do this? Thanks. Answer: Yes, because BPI has a transfer to […]

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How do the super rich handle their finances?

Posted May 12, 2016 under Banking, Personal Finance | No Comments

I’m talking about those people on the Forbes list among others. So let’s say Bill Gates — does he have a bank account that shows millions of dollars as its balance? So what’s the reality? Answer: First, the extremely wealthy will always have businesses, real estate, jewelry, art, investments, etc. which makes up the bulk […]

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Question regarding closing account on credit card…

Posted June 1, 2013 under Banking, Loans, Debts & Credit Cards, Personal Finance | 3 Comments

I am not yet in a pastdue account in credit card because I still pay minimum amounts but I want to know if it is possible to close my account and have like a compromise agreement with the bank at this point? Will I am going to have a bad credit record with that? I […]

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Any alternatives from time-deposit savings which is trending down nowadays?

Posted April 28, 2013 under Banking, Investing | 2 Comments

I just tried my first time-deposit savings at the start of this year knowing it will grow even how small the interest rate is. However, the interest rates for peso savings is going down. Are there any alternatives where to save the money and earn a little bit higher interests?

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Short Term Investment

Posted February 12, 2013 under Banking, Income Opportunities, Investing, Personal Finance, Productivity & Mindset | 1 Comment

If you have P1,000,000 in your savings account that you intend to use as downpayment for a residential lot in the next 6-10 months, what would you do with it? Leave it as it is or Look for Short term investment with higher return than the savings account? Lets assume that you can still save […]

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How to invest in treasury bills?

Posted January 11, 2013 under Banking, Investing | No Comments

I’m just a beginner investor and I read that treasury bills is a good starting investment because they’re relatively safer than mutual funds. I have very little knowledge about treasury bills and also, bonds. I will go to my bank to ask but they might not know also and just sell me their investment products […]

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