Sick and tired of all the hassle other banks put you through for electronic banking? The other day, I had to reset the password of my electronic banking from another bank and had to wait for hours for the email for the change password to be sent to me.
Or have you wanted to send money to another account only to find out that it would take days to get the approval to send money to the other account because you have to enroll it first?
Well, the Bank of the Philippine Islands seems to be on the right track in making things easier for their clients for electronic banking.
Last year they introduced BEA – where you can book an appointment time at your bank and bypass the lines when you get there.
Now BPI has made significant improvements in their electronic banking.
You can now send upto 50000 php to anyone or any number of BPI account holders including BPI Savings Banks from 1 source account. Meaning if you have a checking account and savings account, you can send upto 100,000 php per day to anyone. Or even 100,000 1 peso transactions – no services fees!
Another thing I like is the number of months of history you can view – other banks just give you 3 months. With BPI, you can access upto 6 months of your banking transaction history! That means – if you need to file a loan – no need to go to the bank to get your latest 6 months history – just print it up from the dashboard.
You can now deposit your cash realtime via their cash deposit machines which accept 100, 500 and 1000 php bills. Want oto read more on their cash deposit machines? Read here – BPI Cash Deposit Machines
Whats the sense of having bills payment options in your electronic banking system if you have limited payees? BPI now has more than 300 merchants online!
I think its time to transfer all my banking needs to BPI. What about you?