In today’s fast-paced world, the ability to transfer money from one bank to another is a necessity. With the rise of digital banking, this process has become much easier and more convenient. One of the most common transfers is from PNB (Philippine National Bank) to BDO (Banco de Oro). In this article, we will provide you with a comprehensive guide on how to transfer money from PNB to BDO.
Are you tired of having to go to the bank to transfer money? With the advancement of technology, you can now transfer money from PNB to BDO through online banking or through the PNB mobile app. This process is quick, easy, and secure, making it a convenient option for those who need to transfer money.
Step-by-Step Guide to Transferring Money from PNB to BDO
Here is a step-by-step guide on how to transfer money from PNB to BDO using PNB’s online banking platform:
1. Open the PNB app.
From your mobile phone, you need to open the PNB app.
2. Log in to your PNB account.
Enter your user id and password and click Login.
After login, you will be redirected to the account overview page.
3. Click on Send Money.
Tap on three horizontal lines on the left upper corner of the overview page. A drop-down menu will appear you need to click on transfer funds.
We want to transfer funds to other local banks so there are two options via instapay or pesonet. For now, I am selecting instapay and selecting pay to the new payee.
4. Fill out the form.
- Bank:-
- Account Name:-
- Account Number:-
- Address:-
- Save payee to the list:-
- From:-
- To:-
- Amount:-
- Purpose:-
5. Review the details.
When you have completed the form, you will see a pop-up with all the details. Double-check the details to ensure they are accurate.
After checking everything, click Done.
6. Enter the OTP.
Another one-time pin will be sent to you via SMS. Within 1800 seconds of entering the OTP, click Submit.
7. Funds Transfer
Your funds were successfully transferred from PNB to BDO.
Frequently Asked Questions
What is the maximum amount that I can transfer from PNB to BDO?
The maximum amount that you can transfer from PNB to BDO depends on your account type and the terms and conditions of PNB. It is best to check with your bank for the specific amount that you can transfer.
How long does it take for the transfer to be completed?
The time it takes for the transfer to be completed depends on the processing time of both PNB and BDO. Generally, transfers from PNB to BDO take one to two business days to be completed.
Conclusion
In conclusion, transferring money from PNB to BDO has never been easier. With the convenience of online banking and mobile apps, you can now transfer money quickly and securely from the comfort of your own home. Just follow the step-by-step guide provided in this article and make sure to avoid common transferring money mistakes. If you have any other questions, don’t hesitate to reach out to your bank for assistance.
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