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- Can You Make Real Money On Bdo Bank
The question being asked is 'Is it legal to sell game items for real money', not 'Can the company suspend your game account / service upon trading your virtual currency into real currency', which the answer to the latter question would be 'Yes they can'. But whether you can be held legally liable or not depends on which country you are from. Real money and BDO. Posted by 1 year ago. And you can breed them to make higher tier pets for faster looting). You can also buy more with ingame silver off the market but it becomes a bit of a lottery at that point since everyone wants them.
- However, there’s a limitation that you can only send and receive money from accounts of the same bank. If you have a BDO account, then you cannot electronically send money to your friend’s Security Bank account and have them receive it in real time. (This specific case is possible, but it takes 1 business day and comes with fees).
- The minimum investment is one thousand pesos. Decide which BDO UITF fund should you invest your money in. You can choose UITF Equity if you have a high risk tolerance or if you are an aggressive investor. Aside from equity fund, there is the balance fund, bond fund, etc. If your plan is to invest within 10 or more years, choose equity fund.
Money 8 Secure is a life insurance product coupled with guaranteed cash payouts plus dividends offered by BDO Life, the insurance arm of BDO Unibank, Inc. You pay a fixed amount for 8 years (thus Money 8) and in return, you get a life insurance coverage + fixed income given every 2 years until the 18th year + a lump sum on the 20th year (which is the maturity date of the policy) + a variable dividend based on fund performance. This is like an endowment insurance plan and according to BDO employee, this is policy is really hot selling.
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Let’s look at the details.
In our generation, traditional banking is not really utilized so much anymore. With our technology, we can now make deposits, pay, even transfer funds without going to the bank anymore; all you need is an internet connection and a device and you’re all set.
For some people, they still patronize and go on with the traditional way of banking – going to the bank itself and interacting with a teller to do what they want to process. But for some, they are so used to online banking that they rarely visit their banks.
Banco de Oro (BDO), one of the larger banks here in our country, was one of the first banks to offer online banking to its members and its subscribers. In this article, you are going to be made aware on how you can transfer funds and what the maximum amount is for funds transfer.
The Send Money to Any BDO Account feature is a feature inside BDO’s online banking facility. This feature is also applicable to sending money even to unenrolled BDO accounts. Unenrolled BDO Accounts are accounts that aren’t enrolled in Online banking.
Enrolling your BDO account Online
To enroll your account, go to https://online.bdo.com.ph, Click “Enroll Now!”and then fill-out the enrollment form. Be sure to tick on the “Internet Banking Box” because that’s what you are doing in the first place.
Take note of your activation code in the acknowledgement page after filling the form out. Activate your account using any BDO ATM within 45 days.
Funds Transfer (Transfer Money) is a feature applicable to those BDO accounts enrolled online or for Funds Transfer. The amount limit of Send Money to Any BDO Account is Php50, 000.00 IF ENROLLED and Php10, 000.00 IF NOT ENROLLED.
Read:How to transfer funds to other local bank accounts using BDO Online banking
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The maximum amount of the Funds Transfer however, is Php250, 000.00 and $5, 000.00 for U.S Dollars.
This is a screenshot of the difference between the two service features:
Send Money to Any BDO Account
Now that you know the difference, you can now enjoy Online Banking with BDO. A few points to remember:
- Activate your account by visiting any BDO ATM and you can achieve this within 45 days
- Send Money to Any BDO Account is different than Funds Transfer (Transfer Money)
- Both processes are real-time if BDO to BDO. BDO to other bank can be pushed through after 1-2 banking days.
BDO would like to ensure its members and subscribers that their money is safe within their hands. This is why there is a limit of transactions per day so that unauthorized payments won’t go on and push through every time.
Now that you have an idea of how awesome Online Banking is, would you still be thrilled with traditional banking?
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Read Also: How to transfer more than 10k a day in BDO Online Banking