Banco de Oro (BDO) is the largest bank in the Philippines today, with more assets than any other bank and over 1,400 branches and 4,400 ATMs across the country. As a universal bank, it offers banking and investment services to individuals and corporations and assists with stock brokerage and insurance. It was named the 2018 ‘Best Bank in the Philippines’ by Finance Asian and Alpha Southeast Asia.
Sending money to BDO bank accounts in the Philippines is easy with Remitbee. It just takes six easy steps.
There are many benefits to sending directly to BDO online with Remitbee. Here’s a quick overview:
Here is the information that you’ll need to complete the transfer through Remitbee. There are two separate delivery methods that have different requirements:
Wire transfer to a bank account
To be able to bring the most competitive PHP exchange rates on the market, we try to keep our fees as low as possible and assess rates daily. Small fees are charged when you use bill, interact or debit card payment method, but you can take advantage of Remitbee Wallet to send money for free. You can always see the fees being charged to you before sending the money to.
Just like in Canada and every other country around the world, there are many different banks in the Philippines. When you use Remitbee, we send your money directly from your account with us to the bank account in the Philippines. No middlemen involved. Here are a few of the other branches you can use to send money from Canada to the Philippines with our service.
International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to PHP, and the money is moved between accounts.
Yes, you can!
Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit are your options.
The transfers typically take between 1 and 2 days, but some transfers happen instantly.
You can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month, if you verify your identity on our platform.
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
The maximum amount of money you can send in PHP is dependent on the verification level. Here is a breakdown of the levels:
We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, that verification is a one-time process. Once you have been verified, there is no need to provide any other documents.
Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.