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BPI has lost its edge!

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The Bank of the Philippine Islands (BPI) will start to charge clients for over-the-counter withdrawals and inter-regional deposits to align with industry practice.

Under the new scheme, BPI and BPI Family Savings Bank clients will now be charged Php100 for over-the-counter withdrawal transactions made from ATM accounts and inter-regional Passbook accounts. The new advisory also charges a Php50 fee for inter-regional deposits.
BPI defines inter-regional as transacting from a bank situated in a region different from your home branch. For example, you will be charged Php50 for depositing to your account based in Makati (NCR) from San Mateo, Rizal (Region 4-A).
The following are the transactions/services with their corresponding fees:

Cash Deposit – through the branch

  • Branch of account – Free
  • Metro Manila – Free
  • Intra-Region – Free
  • Inter-Region – Php50 per deposit

Cash Withdrawal – through any branch ATM Account

  • Withdrawal amount below/above ATM limit – Php100 per withdrawal

Passbook Account cash Withdrawal

  • Branch of Account – Free
  • Metro Manila – Free
  • Intra-Region – Free
  • Inter-Region – Php100 per withdrawal

Check Encashment

  • Branch of Account – Free
  • Metro Manila – Php100 per check
  • Intra-Region – Php100 per check
  • Inter-Region – Php100 per check

Foreign Currency Cash Deposit

  • USD – P0.10 per USD1 or a fraction thereof
  • Third Currency – P0.10 per USD1 equivalent or a fraction thereof


  • Personal – Php250
  • Corporate – Php500

Manager’s Check – Php75

Demand Draft – Php550

Bank Certification – Php200

Statement of Account Printing -Php50 per page

Safety Deposit Box rental – Php2,000-Php6,000 per year (varies on box size)

Transactions made on your home branch or any branch in the region where it is located (intra-region) will still be free of charge. These updates to BPI’s fees take effect on September 1, 2018. For more info, visit

Source: BPI



Edited by Miggy
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