In today’s fast-paced world, having access to different banking options is crucial. Whether you need to transfer funds for personal or business purposes, the ability to do so quickly and efficiently is essential. In this article, we will discuss how to transfer money from BDO to EastWest Bank.
One of the most convenient ways to transfer money from BDO to EastWest Bank is through online banking. With the advent of technology, you can now transfer funds from the comfort of your own home or office. However, there are other methods available as well.
Steps To Transfer Money From BDO To EastWest
1. Visit the BDO website.
Visit https://online.bdo.com.ph/ or visit www.bdo.com.ph then on the top right corner of your screen, click the small Online Banking Login button. Select BDO Online Banking. You will be redirected to a new tab.
In order to ensure your security, you should type in the URL yourself rather than clicking on a website you may find online.
2. Log in to your BDO account.
Click Login after entering your username and password.
You will receive a one-time pin via SMS to the mobile number you have registered. It expires in 5 minutes if not entered within that timeframe. You can now proceed.
3. Click on Send Money.
A summary of your account will appear once you log in. To “send money”, click the Send Money option on the left side of your screen.
There will be a list of options available. Choose To “Another Local Bank”.
4. Fill out the form.
To begin transferring money, you must first select the source account. Then, enter the amount to be transferred and the account number.
If you would like to add remarks to your transaction, you may do so.
A tab is also available for saving templates. To create a new template for a future transaction, tick the box beside save as a new template. Your next transaction will be easier as a result. You can submit the form once you have filled out all the details.
5. Review the details.
An information pop-up will appear with your transaction details. Make sure the details are correct by double-checking.
You can click Continue once everything has been verified.
6. Enter the OTP.
An SMS will be sent to you with another one-time pin. Click Submit after entering the OTP within five minutes.
7. Take note of the Reference Number.
Once your transaction has been completed, a page will appear telling you if it was successful. In addition, the details are summarized.
The reference number should be noted. If there is a problem with your transaction, this will come in handy.
Frequently Asked Questions
Q: What are the requirements for transferring money from BDO to EastWest Bank?
A: To transfer money from BDO to EastWest Bank, you’ll need a BDO account and an EastWest Bank account. You’ll also need to have an internet connection or a mobile phone with the BDO mobile app installed if you’re transferring funds through online or mobile banking.
Q: How long does it take to transfer money from BDO to EastWest Bank?
A: The time it takes to transfer money from BDO to EastWest Bank will vary depending on the method you choose. For online or mobile banking, the transfer will typically be completed within the same day. For OTC transfers, the transfer will typically be completed within the same day as well.
Q: Can I transfer money from EastWest Bank to BDO as well?
A: Yes, you can transfer money from EastWest Bank to BDO as well. Simply follow the same steps as transferring money from BDO to EastWest Bank, but in reverse.
Q: Are there any limits on the amount I can transfer?
A: Yes, there may be limits on the amount you can transfer. These limits will vary depending on the bank and the method you choose. It’s best to check with both banks for more information on the specific limits.
Conclusion
In conclusion, transferring money from BDO to EastWest Bank is a simple and convenient process. With different methods available, such as online banking, OTC, and mobile banking, you can choose the method that works best for you. Just make sure to follow the steps for a safe and secure transfer and to check with both banks for any fees and limits. With this comprehensive guide, you’re now ready to transfer money from BDO to EastWest Bank with ease.
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