#over-the-counter deposit

(RRHI) to launch a barcode-enabled cash deposit service. It lets customers to deposit money into BPI accounts through participating retail stores nationwide. Users can choose whether to deposit to their own account or another BPI account, enter the amount and present the generated barcode to a cashier at participating stores within one hour. BPI said customers can deposit up to PHP 15,000 per transaction and up to five times daily depending on store limits. Photo: insiderph.com "By enabling partners to facilitate barcode-enabled deposits and withdrawals, as well as account openings and product applications just by scanning a QR code, we are bringing full-service banking to any community in the Philippines—even the most remote islands," said Rally Jereza, head of BPI Agency Banking. Christine Tueres, managing director of RRHI, said: "Our partnership with BPI allows us to go beyond retail by offering convenient, accessible financial services within our stores, making essential transactions like deposits and withdrawals part of our customers’ regular shopping routines," she said. BPI President and CEO TG Limcaoco also conducted the first barcode deposit transaction at The Marketplace in Ayala Triangle Gardens, Makati City. Read more in our articles including "BPI partners with Robinsons Retail for barcode cash deposits in stores" and "Nokia outs Counters Beta".