Do you know that you can transfer funds from your BDO account to another bank in the Philippines? Thanks to the Bangko Sentral ng Pilipinas and InstaPay, you can move your money from one bank to another in real time through the Internet.
InstaPay is an Electronic Fund Transfer (EFT) system that allows customers to transfer funds almost instantly between accounts of participating BSP-supervised banks as well as non-bank e-money issuers. Individuals, businesses and government institutions can send and receive money, or make payments, in real time with no limits at up to 50,000 pesos per transaction. Transactions can be performed anytime of the day, 24 hours a day, 7 days a week, through online banking websites and mobile apps by participating banks and e-money issuers.
With InstaPay, customers will no longer have to personally go to banks and payment counters to transfer funds or make payments. Everything can be done online. The receiving party will receive the transferred funds in full, but charges may apply to sending parties.
So how do you transfer money from one bank to another, say BDO to BPI?
Table of Contents
How to Transfer Funds From BDO to BPI (Or Other Local Banks)
First, make sure that you have an active BDO online banking account. If you don’t have a BDO online banking account, sign up here.
Step 1: Log in to your BDO online banking account. Enter the one-time password (OTP) sent to the mobile number connected to your account.
Step 2: After successfully logging in, hover your mouse cursor over “Send Money” and click “To Another Local Bank.”
Step 3: Fill out the sender and receiver details, as follows:
- Settlement Type: Credit to Another Local Bank
- Transaction Type: Credit to Other Bank
- Transfer From (your BDO account)
- Amount (the amount of money you want to send)
- Destination Bank (choose from the dropdown list of participating banks)
- Destination Account Number (enter the bank account number of the recipient)
- Receiver Name (name of your recipient)
- Mobile Number (cellphone number of your recipient)
- Purpose of Transaction
Take note that if you are transferring money to a BPI account, you must choose “BPI / BPI Family Savings Bank via InstaPay” and not “BPI Family Savings Bank 10-Digits.” BPI is different from BPI Family Savings Bank.
You may also check “Save as New Template” to save your provided information for future use. Click “Submit” when you’re finished.
Step 4: Review the information you provided to ensure that they are correct, then click “Continue.”
Step 5: Enter the one-time password (OTP) sent to your mobile number.
Step 6: You will be informed if your transaction is successful. Take note of the reference number.
Participating Banks
These are the banks where you can transfer money from BDO via InstaPay:
- Asia United Bank
- Bank of Commerce
- Bank of the Philippine Islands
- China Bank
- China Bank Savings
- Chinatrust Bank
- Development Bank of the Philippines
- Dungganon Bank
- East West Bank
- Equicom Savings Bank
- G Exchange, Inc.
- Isla Bank Inc.
- Land Bank of the Philippines
- Malayan Savings Bank
- Maybank Phils.
- Metropolitan Bank and Trust Company
- Omnipay, Inc.
- Partner Rural Bank (Cotabato), Inc.
- Paymaya
- Philippine Bank of Communications
- Philippine Business Bank, Inc.
- Philippine National Bank
- Philippine National Bank Savings
- Philippine Savings Bank
- Philippine Trust Company
- RCBC Savings
- Rizal Commercial Banking Corp.
- Robinsons Bank
- Security Bank
- Sterling Bank
- Sun Savings Bank
- Union Bank of the Philippines
- United Coconut Planters Bank
- Yuanta Savings Bank
How to Transfer Funds Using the BDO Mobile App
Do you know that you can transfer money through InstaPay using your BDO mobile app? Here is how to do it:
Launch the BDO Personal Banking mobile app (available on Google Play and the App Store) and log in using your user ID and password. Tap SEND MONEY and choose “To Another Local Bank.”
Enter the sender and receiver details such as transaction type (credit to other bank), amount, destination bank, destination account number, receiver’s name, receiver’s mobile number, and purpose of transaction.
If you’re transferring money to a BPI account, you must select “BPI / BPI Family Savings Bank via InstaPay.” BPI is different from BPI Family Savings Bank.
Also fill in the template name and template description. The transaction will not proceed without you doing so. Click “CONFIRM” to proceed.
Review the transaction details. If everything is correct, click “CONTINUE.”
Your money has been successfully sent! The transaction will take some time to reflect on your account, so be patient. You can also check with your recipient if the money was received on his end.
Frequently Asked Questions
How much is the transfer fee?
The transfer fee from BDO to other banks (e.g. BPI, Metrobank, Landbank) is ₱25. Online BDO to BDO transfers are free.
When will the money arrive at my recipient’s bank account?
Transfers are credited to the recipient’s account almost immediately.
What are the minimum and maximum transaction limits?
Customers can transfer funds up to ₱50,000 per transaction with no limits per day. The minimum sending amount for BDO is ₱100.
What if I entered the wrong name or account number?
Transfers are credited with finality, so if you accidentally entered the wrong account number, contact your bank immediately. If the person or account number doesn’t exist on the receiving bank, the money will be returned to your account within 2 days. Call BDO at 631-8000 if you erroneously entered the wrong recipient name or account number.
Conclusion
As you can see, transferring money from BDO to another bank is relatively simple and easy to do. There’s no need to personally withdraw money from BDO and deposit it to another bank when you can simply do it online through InstaPay. If you have any questions or problems regarding fund transfers from BDO, contact the BDO customer support center at (02) 631 8000 or the domestic toll-free number 1-800-10-6318000.
Hi! Nag search kasi ako kung paano mag send ng pera from BDO to BPI. And found this. My question is, sa mobile banking, wala akong nakitang option dun na Bank of the Philippine Island. Kaya naguguluhan ako kung saan mag sesend. May BPI/BPI Family Savings via Instapay, at BPI Family Savings Bank. Eh yung huhulugan ko is not Family Savings Bank. Saan ba ako mag sesend? TY!
Choose BPI/BPI Family Savings Bank via Instapay.
What does template name mean and template description
It’s for your future use, if you perform the same transaction again next time.
Im encountering error IST14 invalid bank account ano po ibigsabihin nito bdo to bpi
It means that the bank declined the transaction because the account number is incorrect. Try entering the correct bank account number.
i chose the bpi family savings bank because that is what my account is in bpi. but up to now the transfer isnt reflected although it already diminish in my account. what shall i do?
Call BPI at 1800-188-89100 or 889-10000.
may cut off daw po ng 12noon so i guess ba after na kayo ng cut off nkpagsend.i have the same problem also,nrcve nyo na po ba?
There’s no cutoff time if it’s Instapay. I’ve sent money in the afternoon several times and it was received in minutes.
Same problem right now just wanna ask how long will it takes to receive the money?
I have the same problem as well.
What should i select if im sending to china bank account? The recipient has 12 digits account number.
Tanong ko lang po, nagsent po kasi sister ko ng pera bdo account niya then ako bpi. Hanggang ngayon hindi pa siya nareceive. Nagsend siya ng 11:22am tapos hanggang ngayon wala pa.
Sometimes it will take longer for the fund transfer to complete.
Nag send kasi ako kanina to BPI. Wala ako nareceive na OTP sa number ko. Sabi lang Money Successfully Sent na daw, kaso wala pa hanggang ngayon sa BPI yung money huhuhu budget ko pa naman yun. Baka alam nyo po kung how long will it take para mag reflect sya sa BPI ko?
Are you sure that the money was sent to your BPI account? If you didn’t receive an OTP then the transaction will not proceed. You will receive an email from BDO if the money was sent to your BPI bank account.
hi! what if I want to send to a corporate account? Receiver details provided are only for individuals. Would you know how I should fill up the form using a business name? thank you.
Hello, for corporate accounts, please use the BDO Business Online Banking website.
Hello, pano po kaya ung customer ko po nagtransfer from bdo account pero instead na instapay ng bpi ang napili nya ung Bpi family savings ang napili nya. Successful ung transaction sa side nya at nabawasan sya pero hindi po pumasok sa bpi islands na account ko. Pano po kaya un?
BPI Family Savings Bank is different from BPI. In case of wrong info, the amount will be returned to the sender’s account in 2 days. Call BDO for assistance.
Hi sir. Same issues po. Nagtransfer po ako yesterday noon po from BDO to BPI account po. Yung BPI family savings bank 10 digits po ang pinagsendan ko. Up to now wala pa po. 2 days din po ba yun? Thanks.
Just be patient because the money will eventually reflect in the recipient’s account. It seems that there are many people withdrawing or transferring their money online and this may have caused a system slowdown.
Hi. Applicable po ba to pag ang receiver ay current account? Mag ft sana ako from BDO SA to BPI CA.
Yes. From what I’ve read, checking accounts are covered by Instapay.
Good afternoon po, Mag ask lng po ako nagtransfer po ksi ako money BDO to other bank (Security Bank) kahapon at 12 noon pero hindi pa po narereceive nung recipient? Usually ilang days po ba yun bago dumating? Money successful na po kasi and nagdeduct narin ng service charge sa Security Bank Savings Bank ko po pinadala paano po ba kaya yun? Wala din po ko nareceive na OTP. Wala po sumasagot sa Customer Service ng BDO. Thank you.
If you used InstaPay, then the transfer is immediate. If not, then it will take 1-2 days. Please be patient because there are many customers withdrawing their money at this time of crisis.
Hello, I transferred money yesterday at 5pm and until now it is not transferred in my recipient’s bank account. The amount of money that I sent and the service charge is already deducted to my balance. I sent thru bdo to other local bank (security bank) but instead of security bank via instapay I selected security bank savings. I called the bdo customer service hotline but it is not yet in service.
Hi there. Transfers via Instapay are instant. For non-Instapay, transfers made after 2pm will be credited on the next banking day.
but until now the money that I sent is not yet transferred to my recipient’s bank account.
Pumasok na po ba?
Hello paano po kung hindi alam ng recipients ko kung BPI or BPI Family Savings Bank ang account nyia o hindi? Paano po ako magtatransfer ng money sa kaniya? Ang gamit niya po kasing card ay BPI Debit Card inapply niya po yun dahil sa work niya dun po niya nakukuha payroll niya.. ano po kayang pipiliin ko? BPI/BPI Family Savings Bank via Instapay or BPI Family Savings Bank (10 digits) po?
You can choose BPI/BPI Family Savings Bank via Instapay. It’s for both BPI and BPI Family Savings Bank.
Hi, nag send po kami ng money from BDO to BPI and i used BPI Family Savings Bank (10 digits) and it should be real time diba? Please answer if my sister can get the money right away. Medjo urgent kasi.
If it’s through InstaPay then it’s instant.
Hi if the transfer from BDO to BPI was made before 2pm on a Friday.. will this be credited to the account on the next banking day or will it be credited even on a Saturday? I have been waiting for the payment to reflect on my account but it seems there’s a delay or something. I thought if the transfer was made before 2pm it will be credited on the account on the same day.
Hello, non-Instapay transfers made before 2pm will be credited on the same day. But sometimes there might be delays in the transfer especially nowadays that many are using online banking. As far as I know, only banking days are counted so your money might be in your account by Monday at the earliest.
What do you put in the template description?
You can write anything in the template description.
I used online transfer via mobile from BDO to BPI for the first time last March 25th, Wednesday, until now I haven’t receive the money in my BPI account. I already tried sending an email, used their website and called them several times without luck. Do you know how long it will take to get processed?
That’s really unfortunate. Was the money deducted from your BDO account? Did you enter the correct recipient information? If the transfer was unsuccessful, the money will be returned to your BDO account. If not, then the fund transfer is still being processed. You can try commenting on BDO’s Facebook page as they’re answering questions there.
Hi confirm ko lang po. I’ve transferred money from BDO then I selectd BPI Family Savings Bank 10 digits. May pinagkaiba po ba yun sa via Instapay, like matatanggap pa rin po ba ng receiver yun money either way yung piniling option? Thanks po.
BPI is different from BPI Family Savings Bank. So if you intended to send money to a BPI account but instead you sent it to BPI Family Savings Bank, then it’s a mistake. But the money will be returned to your BDO account in that case.
Will the money return automatically or I have to call BDO for assistance?
Your money will be returned in 2 days.
Ano pong pinagkaiba nun? Kasi yung sister ko po magpapadala sakin BDO siya di niya alam pipiliin niya kung bpi/bpi family savings bank via instapay or bpi family savings bank 10 digits. Eh bpi bank of the philippines po ako.
Your sister should select “BPI / BPI Family Savings Bank via InstaPay” because it’s for both BPI and BPI Family Savings Bank.
Hi,
Ask ko lang po kasi nagtransfer kami ng money via BDO online to my BPI account. According sa coordinator ko sa company namin successful naman daw yung transfer but when I ask if my reference number na binigay, she said wala naman daw sa kahit anong transfer niya hindi naman daw siya nakakareceive ng reference number but the money she transferred was already deducted to her BDO Account. Up until now kasi hindi ko pa narereceived yung money na ni-transfer niya. What could be the possible cause for that?
Thank you.
Hello, please be patient as BDO might be processing a lot of fund transfers which might explain the delay. Please let us know how it goes.
Good pm. I have been trying to do a fund transfer from BDO to BPI since last Friday, April 10, to no avail. I always get an error message. Sorry your transaction cannot be processed at this time. Ano kayang issue?
Unfortunately, only BDO can answer your query. They’ve been having technical issues the past few days.
Good day, Sir. My friend transferred money from BDO to my BPI account. However, she made the mistake of choosing the BPI Family Savings option instead of Instapay. Will the money be eventually be returned to her account? If yes, how long will it take for it to be returned? Also, does she have to inform BDO of the mistake beforehand or will the return process be automatic? We tried calling BDO but their lines were busy. Thank you
Hi, your money will be returned to your BDO account in 2 days.
Surprisingly, a sum of money equivalent to what my friend transferred was deposited to my account in the form of remittance through e-link payment. Could it be that the money was successfully transferred despite choosing the BPIF option? Or the money may have come from somewhere else ? haha
Hi po, ask ko po ano pong gagawin ko, nadeposit ko po kasi ung pera sa bpi family savings bank, dapat po sa bpi? 😔
Yes, you should have selected “BPI / BPI Family Savings Bank via InstaPay.” But anyway your money will be returned to your BDO account.
Hello po, I encounter the same case po. Transfering fund from BDO to BPI but i confusingly chose the BPI Family Savings Bank (10 Digits) seeing the 10 digits shown in the description makes me decide to used this instead of BPI/BPI Family Savings Bank via Instapay. I think this is a common mistake from users since we are not familiar with their difference.Maybe the BDO should take some course of action for this, since right now we are on the crisis and time is the essence, we need to support our family however with this case we need to wait first to return the money. I Would like to know how long will it take?
BDO says that it will take 2-3 days for the money to be returned to the origin account. I understand your predicament so I updated the article with an instruction for users to select the InstaPay option for BPI fund transfers.
Does the receiving BPI account needs to be enrolled in e-banking/mobile banking?
No, the receiving account doesn’t have to be enrolled in online or mobile banking.
Hello po Sir. Good afternoon. Ganito po kasi yon, ngtransfer po ako last March 27, 2020 ng pera from BDO to BPI thru mobile banking and ang na select ko po ay BPI Family Savings Bank 10-Digits, na di pala dapat. Nabawasan po balance ko. Pano ko po ung maka cancel? Thank you.
You can’t cancel it anymore. You just wait for the amount to be returned to your BDO account.
Is there any problem now in transfering funds from BDO to other local banks. Unable po kasi, since last week ko pa po tinatry and now.
BDO has been suffering from technical problems recently. I suggest contacting them on their Facebook page.
Hi, I have mistakenly chose BPI Family Savings Bank 10-digit because I got confused by the “10-digit” so I thought it’s the right one rather than the InstaPay. But still I got an email from BDO that my Money transfer request was confirmed. Will it still be transferred? Or will it be returned?? Thank you
Hello, it will be returned to your BDO account in a few days.
Hi, magtransfer po ako BDO to PNB maraming option kasi ang nakita ko for PNB. Personal savings account yung pagta transfer-ran ko.
You should select either PNB 10-Digits or PNB 12-Digits via InstaPay. PNB Savings Bank is different from PNB, although PNB is still the owner.
Gaano katagal bago ma received ang pera from bdo to union bank via instapay?
Instant if InstaPay.
Hi! I’m transferring from BDO to Chinabank. Which one will I choose? Is it China Bank Savings 12-Digits via instapay?
You should choose China Bank 10-Digits via Instapay [CB] or China Bank 12-Digits [CBC]. China Bank is different from China Bank Savings.
Hello po, ngtransfer po ako today from BDO to BPI via Instapay (4000php) Pagkaconfirm ko lumabas yung warning na unsuccessfull transaction pero madeduct sakin yung money. Pano ko po mababawi yun kase nawala na sa accnt ko yung 4k 🥺
Hi same tayo. Nag transfer ako today sa psbank naman. Instapay din. Nabawas sa account ko pero hindi pumasok sa psbank. May update na ba sayo?
Hi sir goodevening. Nagsend ako kanina via bdo mobile banking to psbank. (Instay) so dapat magrereflect sya agad. Kaso di pa nareceive ng receiver pero nabawas na sa balance ko. Wala din email sakin na successful yung transaction. Pano po kaya gagawin ko? Thank you po sa pagsagot.
BDO is having delays in their interbank transfers right now. You can wait for fund transfer to complete or contact BDO for assistance.
What is template description? And template name?
The template is what you will use next time if you transfer money to the same account. The template name and description can be anything.
Hello Sir, question po. I transferred money from right account number but wrong destination bank. Dapat po RCBC kaso pagkakita ko po di ko pala sya napaltan, it was transferred to ABN Amro Bank but the other filled up details were correct. I tried calling customer care pero sobrang tagal po sumagot huhu. Medyo malaki po yung money, mababalik pa po kaya sya without informing the customer care to cancel the transaction made? Thanks to reply po!
Don’t worry, the money will be returned to your account in 2-4 days.
Hi Sir, need pa rin bang i-enroll ang Metrobank account If I will be transferring funds from my BDO to Metrobank? Is it correct na 50k per transaction? is there any limit for a day?
No, you don’t need to enroll your Metrobank account. Yes, there’s a limit of 50,000 pesos per transaction with InstaPay transfers.
Good day,
My account number is 12-digit and I want to use InstaPay but I don’t know the correct 10-digit based on my 12-digit account number. Is there any format? Thank you
You cannot use a 12-digit account number if only a 10-digit number is required. So unfortunately, you will have to use the other option that is not Instapay.
Good morning, just want to ask if I can able to transfer money from BDO to Standard Chartered Bank account located in Brunei? Appreciate your response.. Thank you..
You can transfer money to a bank overseas through international wire transfer.
Good evening ano po ang template na tinutukoy sa last option of the form?
I’m sending from BDO to Unionbank.
Thanks for your reply🙂
Template is saved information that you can use again in the future.