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15 Answers

How to Transfer fund from one bank to another

Asked by: 11515 views ,
Banking

I have multiple accounts from different banks. I would like to know how i can transfer fund from one bank to another (ex. Bpi to BDO). Does this fall under wire transfer? Is there any corresponding charges? If yes, how much. Im trying to do an envelope system using my savings accounts :)

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15 Answers

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  1. eagleeye on Apr 07, 2012

    Up ko lang po ang question na ‘to. I’d like to know the answer to this one too. In other countries they normally had interbank fund transfer for free, in SG they call it GIRO. I wonder if we have the same facility in PH

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  2. Barbie Q on Apr 10, 2012

    I usually just “Cash out”. I have 2 banks as well. that’s BPI (my save-up account and payroll account) and BDO (my life savings account) I usually withdraw my money at BPI and transfer it to BDO. which is a tasking to do twice a month. BPI electronic banking lets you link all your accounts with bpi, im not sure about other accounts from other banks though. :(

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  3. Faye on Apr 24, 2012

    You can make interbank fundtransfer thru your atm account. Just use the atm machine with your atm card and make a fund transfer transaction. I already tried, and use this feature several times. Just remember that you can only make interbank fund transfer thru your atm/savings account. Checking account is not allowed. Also, fund transfer fees are very minimal. Its less than P30.00 <<<the reason why banks do not promote this. :)

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  4. Eva on May 08, 2012

    In myBDO online account, all you need to do is to Enroll Other accounts like your BPI accounts. Once enrolled online, you need to print it and pass it to your corresponding bank, then they will approve it. It will take a while though. You can also use the ATM card to activate the enrollment. Anyway, you will be given a code online and instruction on how you can do it.
    If you have two BDO accounts, just enroll it under My Accounts (I can’t remember but it sounds like that) and there is no need to activate it. Your other BDO account will be automatically added. There is also no fee in transferring funds from BDO to BDO. But there will be a fee for a BDO to another bank account, not sure how much.

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  5. ForsakenOne on May 17, 2012

    Thanks Eva!

    BPI and Metrobank (my banks) have “enroll 3rd party accounts” options, which is probably similar to that myBDO functionaly.

    I’ve never tried using them though. Probably won’t now that i know there’s a fee. There’s a metrobank and BPI (and even BDO) very close to where i work. I’d rather get the exerrcise than shell out Php30 (or even Php10 -yes, I don’t withdraw from a different ATM than my account. I don’t even “take advantage” of the 2.50 fee of psbank-metrobank cross withdrawal)

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  6. pinoymanuk on Aug 15, 2012

    Which banks are good for interbank transfers?

    I have an RCBC account, but I want to transfer to BPI, Union Bank, BDO & Metrobank.

    My RCBC lets me transfer to several banks, but not the ones i want to (above).

    Any suggestions on a bank I can use to transfer to all of these banks?

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  7. janmark on Nov 04, 2012

    can i transfer funds from metrobank atm to bdo atm/passbook using atm machine? please tell me how and how much is transfer fees?

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  8. ghie on Jan 17, 2013

    ang asawa ko po ay nasa ghana… pwd ba xa magpadala ng pera from stanbic bank to metrobank…kung pwd…may charge po ba, magkano?

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  9. pamela cruz on Jan 22, 2013

    what are the processing in transferring money to another account?for example i have 2metrobank account one is atm and the another is passbook account how do i transfer my money on my passbook account?pls reply thanks:)

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  10. pamela cruz on Jan 22, 2013

    how do i transfer money from another account for example i had 2 account in metrobank one is atm and the another is passbook account how can transfer money to my passbook account?please send your reply thanks :)

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  11. anna on Feb 26, 2013

    Hello. How about Unionbank savings to BPI savings via atm? Thank you. :)

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  12. carlito manalo jr on Mar 10, 2014

    how to transfer funds from bpi account to metrobank account online

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  13. Claro on May 23, 2014

    I do have a Unionbank EON Account, and it can transfer to ANY BANKS, not just here in the Philippines but also internationally.. and you can do it at home if you are enrolled online.. :)

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  14. jam on Aug 09, 2014

    I have a bpi payroll savings account my friend has a chinatrust account, she said that on her end sucessful daw but I haven’t receive anythinh yet. She processed that Tuesday night its already sat. Can someone help me out.

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  15. miel on Dec 16, 2014

    Is it possible for me to get back my money after i deposited it to my friends bank account?

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