What banks account do i have to open in cebu city?


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I want my mom to open an account through passbook only but I have no idea what bank that needs only little initial deposit and maintaining balance and also can access or register her account online that allow me to view online. What bank that have an affordable fee for wire transfer and no withdrawal fee? I am from...


Answer (2):

Jeff G

BPI, Bank of the Philippine Islands, has an ATM account with a minimum balance of 500php, $10USD, to avoid monthly fees. You can register the account online and even pay the local utility bills from the account. You can make deposits by using https://xoom.com direct from your bank to BPI up to $2999 for only a $7.99 fee. Other deposit fees are up to: $25 for $3.50, $100 for $3.99, $250 for $6.99, $251 to $2999 for $7.99. Higher fees apply to using a credit card or paypal for deposits. Additionally Wells Fargo has an international remittance account that uses BPI for the depositing bank. Their fee is $10 a year and $10 per deposit up to $3000.

a l v i n

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