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Banco de Oro and Google Dollar Checks

Whenever people ask me what is the best bank to open a dollar bank account for their Google Checks, I’d point them to Banco de Oro since it only takes $200 to open a new account and $100 to maintain it.

Anyway, my friend just told me that he was having some problems with his account in Banco de Oro (BDO).

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Apparently, the BDO Branch was questioning the legality or authenticity of the Google Check. Either they haven’t heard of Google yet or they just can’t believe a search engine pays people in dollar checks.

Then, they required a Memorandum of Agreement (MOA) between my friend and Google stipulating such transactions and what not. MOA what?

I think it’s a hopeless case and i just told my friend to move to another bank. Say BPI? This could just be an isolated case with the branch as I know several other people banking with BDO and not having similar problems.

[tags]check clearing, dollar deposits, banking, finance, Google Adsense[/tags]

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

45 Responses

  1. Avatar for Ash Ash says:

    I remember when I got paid from Adbrite last 2011, I wasn’t able to deposit the check. Kelangan ata $100 yung minimum. Even the Pawnshops, hindi rin sila nagpapapalit. Nasayang lang… $45 din yun.

  2. Avatar for Eden Eden says:

    I think this is an old post. But I hope you can help me.

    I am about to receive my 1st check in clickbank but I don’t know when I will get it. Should I go to the post office after 1 month? Can clickbank send my check, say thru LBC?

    I hope there won’t be a problem when I deposit my check in BDO.

  3. Avatar for Ehescheidung Ehescheidung says:

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  4. Avatar for adam adam says:

    Well probably comments here were made during the time western union is not yet affiliated with google.

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