Thursday, November 13, 2014

Is there a charge for BDO Online deposit to COL Financial?

In case you are wondering whether BDO Online will charge you on your COL Financial deposit, the answer is YES and basically NO.


YES, BDO Online will charge you ₱10 if you make a deposit to your COL Financial account with less than the amount of 500.

And

NO, BDO Online will not charge you for a deposit amounting to 500 and above.

I received the notification below from COLFinancialhelpDesk indicating the ₱10 charge. It did not show how much online deposit I made, but I am sure it was below ₱500.
 
For this specific instance, the ₱10 charge was debited from the funds available on my COL Financial account, not from my BDO Savings Account.




November 10, 2014
Attention: ESCUDO SPARKS,
This is to inform you that we have debited your account with details as follows:
Account No. : XXXX-XX00
Amount : Php 10.00
Remarks : Bank charge for deposit below P500.00
Should there be any discrepancies in the details above, please contact us within 3 days so we can make the necessary corrections.   You may call 636-5411 to 24 local 186 from 8:30am to 5:30pm, Mondays to Fridays, or you may email us at withdrawals@colfinancial.com.
Very truly yours,
COL Financial Group, Inc.
___
Important: Please do not reply to this email or send any account instructions, confidential and sensitive financial data through this and other regular emails. It is not our policy to request from customers confidential information via regular emails.

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