BPI SERVICE FEES: List of Bank of the Philippine Islands’ Service Fees

List of Bank of the Philippine Islands / BPI Service Fees

BPI SERVICE FEES – Here is a list of the service charges under the Bank of the Philippine Islands (BPI).

One of the largest and most prominent banks in the Philippines is the Bank of the Philippine Islands or more commonly called BPI. It offers a lot of services to the public.

Among the offers of the said bank are the BPI Loans and the BPI Deposit Accounts. It offers different kinds of loans to the public such as the personal loan, the housing loan, the auto loan, and the business loan.

With regards to the BPI Deposit Accounts, it also has a lot to offer with different initial or opening charges. Some accounts are foreign currency accounts.

If you have an account to the Bank of the Philippine Islands or planning to open one, you may want to know the fees and charges it implement in every transaction.

On its official website, the bank has posted the BPI Service Fees including the charges for deposit and withdrawal which are among the most common bank transactions.

Here is the list of the BPI Service Fees:

Cash Deposit (Over-the-counter through the branch)

• Branch of Account – Free
• Intra-Region 1 – Free
• Inter-Region 2 – Php 50.00 per deposit

Over-the-Counter Cash Withdrawal for Passbook Account

• Branch of Account – Free
• Intra-Region 1 – Free
• Inter-Region 2 – Php 100.00 per withdrawal

Check Encashment

• Branch of Account – Free
• Intra-Region 1 – Php 100.00 per encashment
• Inter-Region 2 – Php 100.00 per encashment

Monthly Service Charge for Falling Below the Required ADB4

• Maxi-One with Passbook – Php 500.00
• Other Peso Deposit Accounts – Php 300.00
• Dollar Savings Accounts – USD 5.00
• Third Currency Passbook Savings Accounts
  • AUD 8.00
  • CAD 7.00
  • CHF 7.00
  • EUR 4.50
  • GBP 3.50
  • JPY 600.00
  • CNY 35.00

Monthly Dormancy Charges

• Peso Deposit Accounts – Php 30.00
• Dollar Deposit Accounts – USD 0.60
• Third Currency Passbook Savings Accounts
  • AUD 0.80
  • CAD 0.70
  • CHF 0.60
  • EUR 0.55
  • GBP 0.50
  • JPY 68.00
  • CNY 4.00

Fee for Closing within 1 Month from Date of Opening

• Peso Deposit Accounts – Php 500.00
• Dollar Deposit Accounts – USD 15.00
• Third Currency Passbook Savings Accounts – USD 15.00 equivalent

Service Charge per Excess Withdrawal

• Jumpstart Account (4 free withdrawals per month) – Php 10.00
• Platinum Savings (no longer offered) – Php 50.00
• Multi-earner (no longer offered) – Php 25.00

ATM Transactions

• Balance inquiry at other Expressnet member banks, Megalink or Bancnet ATMs – Php 1.50
• Withdrawals at other Expressnet member banks, Megalink or Bancnet ATMs – Php 15.00

Foreign Transactions via Cirrus ATMs

• Withdrawals of USD 175.00 and below – USD 3.50
• Withdrawals above USD 175.00 – 2% of withdrawn amount
• Balance Inquiries – USD 1.00
• Denials – USD 0.50

Over-the-Counter Funds Transfer via Debit/Credit Memo

• Peso Deposit Accounts – Php 50.00 per transfer
• Dollar Deposit Accounts – USD 1.00

Stop Payment Order (SPO) Application (per check)

• Peso Checks – Php 200.00
• Dollar Checks – USD 20.00

Overdraft (OD) Accrual Charge

• Fee – 25.2% p.a. on OD amount
• Subject to a minimum of Php 26.25

Foreign Currency Cash Deposit

• USD – Php 0.10 per USD 1.00 or a fraction thereof
• Third Currency – Php 0.10 per USD 1.00 equivalent or a fraction thereof

Data from Bank of the Philippine Islands