In today’s digital age, online shopping has become a part of our daily routine. It has never been easier to shop and pay for your purchases through digital wallets. One such digital wallet is ShopeePay, which allows you to pay for your purchases online without the need for cash. If you’re a BDO account holder and want to transfer money to your ShopeePay account, you’re in the right place. In this article, we’ll guide you through the process of transferring money from BDO to ShopeePay.
Step to Transfer Money from BDO to ShopeePay
Here’s a step-by-step guide on how to transfer money from BDO to ShopeePay:
1. Open the BDO mobile app on your smartphone or log in to your BDO online banking account on your computer.
2. Navigate to the “Send Money” option and select “To Another Local Bank.”
Choose “InstaPay Corporation” as the bank and “ShopeePay” as the account.
3. Input the amount you want to transfer and the recipient’s mobile number (make sure it’s the same as the one registered with their ShopeePay account).
4. Please enter the following details and click Send.
- Mobile number or ShopeePay account number
- The name of the ShopeePay account
- The amount that needs to be transferred
- Your BDO account (the source account)
5. Review your transaction details and click “Submit.”
6. Wait for the One-Time PIN (OTP) to be sent to your mobile number or email address.
Enter the OTP and click “Submit.”
7. You will receive a confirmation message from BDO and ShopeePay once the transfer is successful.
Tips for Transferring Money from BDO to ShopeePay
Here are some tips to make your transfer process smoother:
- Make sure the mobile number you input is the same as the one registered with the recipient’s ShopeePay account.
- Check your internet connection before initiating the transfer to avoid any connection problems.
- Always double-check the details of your transaction before submitting.
- If you encounter any issues during the transfer process, don’t hesitate to contact BDO’s customer service or ShopeePay’s support team for assistance.
Frequently Asked Questions
How long does it take for the money to transfer from BDO to ShopeePay?
The transfer from BDO to ShopeePay is usually processed within a few minutes, but it may take up to 24 hours for the money to reflect in your ShopeePay account.
Is there a fee for transferring money from BDO to ShopeePay?
Yes, there is a fee for transferring money from BDO to ShopeePay. The fee is Php 10 per transaction.
What is the minimum and maximum amount that I can transfer from BDO to ShopeePay?
The minimum amount that you can transfer from BDO to ShopeePay is Php 100, while the maximum amount is Php 10,000 per transaction.
Can I cancel a transfer from BDO to ShopeePay?
No, once the transfer has been processed, it cannot be canceled. You will need to contact ShopeePay customer service if you have any issues with the transfer.
Conclusion
Transferring money from BDO to ShopeePay is a convenient way to top up your ShopeePay account and make purchases on the Shopee platform. The process is simple and easy to follow, with a minimal fee of Php 10 per transaction. While the transfer is usually processed within a few minutes, it may take up to 24 hours for the money to reflect in your ShopeePay account. As with any financial transaction, it is important to input the correct information to avoid any delays or issues.
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