Upon learning of the news that BDO (Banco de Oro) will start charing Php2 for every ATM withdrawals in their network, I went to the nearest BDO ATM station to double-check.
Indeed, there was an announcement in the screen of the terminal that starting September 1, 2012, BDO will be charging 2 pesos on every withdrawals made by depositors of the very same bank.
Normally, charges are applied when there’s inter-bank or inter-network withdrawals. This time, BDO is charging its own customers for using its own network.
I tried taking photos of the terminal but the announcement was so quick, it could have been only displayed in a second or half a second. I made several transactions but the announcement would not come up again. I think they really made that announcement so obscure hoping that people will not notice.
After repeated attempts and not getting a screenshot, I withdrew all the money that I could from the ATM.
Update: We’re receiving additional reports on similar sightings in BDO ATMs that indicate the Php2 charge is only applicable to BDO Cash Cards. This will not affect the regular savings ATMs.
We’re getting additional verifications from folks from BDO.
how did bdo became that big, they used the funds of sss/gsis members to acquire a much bigger bank in equitable-pcibank, courtesy of the previous admin. laki cgro ng commission dun,
I had bad experienced with BDO, service is pretty bad they let you stand on a line while waiting for your turn for bank transactions they do not have seats at their banks compared to other banks where you can seat until called. Bad for the elderly, it’s frustrating to stand waiting for your turn to withdraw or deposit your own money. They should add more ATMs to cope up with large number of clients.
Any updates/confirmation from BDO on this? I think they are making a very big mistake. I for one will pull out all my accounts from them if ever.