Thursday, April 03, 2014

BDO Implements Changes in Selected Deposit Products

While I was making my weekly bank transaction at BDO , I noticed that there's a notice of update regarding deposit products.

The notice states that the Minimum Initial Deposit, Minimum Maintaining Balance, and Minimum Balance to Earn Interest has been changed for some Deposit products.

Here are the changes:

Please take note that effective May 1, 2014, this changes will be applied. As per my inquiry with the teller, any peso account with balances below the maintaining balance will be charged PHP 300 and US Dollar accounts will be charged US$ 6-7 every month.

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