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! :...
Tuesday, May 29, 2012
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...
Wednesday, May 23, 2012
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...
Tuesday, May 15, 2012
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
– ...
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...
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...
Saturday, May 12, 2012
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...
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. ...
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....
