#Bank of the Philippine Islands

This comes after several months since they launched a revamped version of the online banking app in March. In its latest advisory, BPI encourages users to continue enjoying seamless mobile banking on their new BPI app. Even banks weren’t exempted because they need face-to-face interaction with clients for many transactions. The good news is that some banks were already leaning towards digitalization long before the pandemic and had high-tech platforms available and accessible. The Bank of the Philippine Islands (BPI) has just announced a new minimum opening requirement amount for Regular Savings Account with Debit Card. Depending on the institution, the new minimum opening requirement is as follows: BPI has also stated that a PHP 300 fee for BPI and PHP 250 fee for BPI Family Savings Banks accounts falling below the minimum monthly ADB still apply. The new minimum opening requirement amounts shall be effective by September 10 for new-to-bank clients, and November 10 for existing clients. Bank of the Philippine Islands (BPI) announced their Mobile App Free Access Promo, stating that the use of their BPI Mobile app will be free of charge across all networks. Read more in our articles including "Old BPI Mobile app will no longer be accessible by October 18" and "WATCH: BPI Digitalized Banking: When high-tech meets high touch".