BPI Deposit Real Thrills : April 16-June 15, 2012

BPI never runs out of thrills for its new and existing clients. Today, you are being rewarded while you are saving. Just for every deposit of atleast P150,000 you'll get to enjoy exciting at the same time valuable rewards (gift items). Here's the mechanics (This can also be viewed at Promo Mechanics for BPI Deposit Real Thrills:)  Promo is open to all new and existing individual clients of BPI, BPI Family Savings Bank or BPI Direct...

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BPI Facebook Fan Page

I am so excited on where BPI is leading for the next coming years. Right now, I'd like to invite friends and readers (banking or not banking with us) to like our new BPI Facebook Fan Page : http://www.facebook.com/bpi What can you expect from the site: More updates about BPI. Seek help and financial assistance (TALK TO US) TIPS on financial wellness Let's make it easy at BPI! :...

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List of Universal Banks in the Philippines

The banking system in the Philippines consists of various types (universal, commercial, thrifty, rural, etc). The largest and most popular nationwide are the universal banks. Universal banks possess the same qualities and capabilities as to commercial banks. Additional power and difference is that it is also an Investment bank. (Further  explanation on my next posts) So here’s the list of Universal banks in the Philippines: 1.   Banco de Oro Unibank, Inc. 2.   Bank of the Philippine Islands 3.   Metropolitan...

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How to use Express Payment System (EPS) ?

Using EPS is simple as A-B-C. So when you are at the mall: 1.  Shop (Department Stores, Grocery stores, etc) 2.  At the counter (upon payment), look for EPS signage (Read : Are you a BPI Express Teller Card holder?) or ask the cashier about EPS. 3. Present your ATM card (BPI Express Teller Card) as payment for your purchases. 4.The cashier swipes your card in the Point-of –Sale (POS) terminal. 5. The cashier will request you to enter your PIN or your Personal Identification Number. The PIN is the same...

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Requirement in Account Opening

I'll get this straight. When you open an account, one major requirement is your IDENTIFICATION CARD or ID. And I mean VALID ID. So here's the list of acceptable IDS you can present in opening an account (Philippines' setting): –        Social Security Sytem (SSS) ID –        Driver's License –        Passport –        Professional Regulations Commission (PRC) ID –       ...

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First Step: Open a Savings Account

I really admire people who started saving on an early age (through their piggy banks maybe). I even remember that when I was in Grade 5, I joined a so-called “Paluwagan” where we are forced to give 20 pesos every week. I hope my memory is still right. Definitely it was a habit of taking aside something from our allowance every week and on Christmas we bear the fruit of our weekly contribution. Thus, a happy Christmas of spending for gifts to myself...

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Are you a BPI Express Teller Card holder?

If yes, look behind your card. See this logo? ------------------------> This built-in feature allows you to use your ATM card to over 10000 establishments nationwide and settle your bill right away. No hassle, no cash risk, no enrollment needed, no extra charge. EPS made it very convenient for you. EPS or Express Payment System is the debit card based system used for processing point of sale transactions. It is originally a system...

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The Advantages of Credit Card

YES! I am afraid of credit card. I am afraid that I end up with so much debts. I am afraid that I get too excited in shopping and SWIPE my credit card all the way to its limit. I am afraid of charges. And so on and so forth. That was before. I was also paranoid before I actually realized how important and beneficial to my way of living can credit card be. That goes the same with you. Let me tell you how and why having a credit card rocks. (On my next note I'll share tips how to make use of your credit card wisely and get away from having...

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Debit : Bank Definition

Debit and credit are just two very familiar, most often used terms in any accounting matter. Such is being defined as two aspects of every financial transaction (Wikipedia.com). Nevertheless if you are in highschool and have an Accounting subject you have once tried to debit cash, credit furniture and fixtures per se? Or you remembered being confused analyzing a given transaction and which of it has to be written in the left side of the ledger (debit) and its right side (credit). I did! I still do sometimes. Today we give honor to DEBIT. ...

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INTRO

I was 20 when I started working in a bank. My first job and here’s something LEGENDARY:   I am not RICH! (but I will be someday. Dreaming to be rich is free) I earn just well enough. It is  not true that people who work in a bank do have a lot of money. Hell yah! How I wish. The truth is we just deal with a million (raise to the power of 2 or 3 sometimes) of money matters every single day:  transactions in the bank involve money, we talk money, we make money, we eat money (just kidding!). And that money is not OURS....

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