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Off-Topic Discussions => Lounge => Topic started by: jojitb on July 21, 2005, 10:56:22 AM

Title: Does Metrobank Really Charge For Deposits?
Post by: jojitb on July 21, 2005, 10:56:22 AM
My wife just called me up to tell me about it.

She had to make a deposit to her Metrobank checking and her bro's savings account (Cubao branch) but since  it's quite far she decided to just make the deposit in the Metrobank Cainta branch.

When she gave the money to the teller, she was asked to pay P50 transaction fee each.  Slightly shocked, she paid the teller.

She was also informed that Metrobank does not send bank statements anymore via mail.  You have to physically go to your bank and get it.  What a crappy way to cost-cut.
Pahirapan ba ang customers.

Is this really the Metrobank policy now?  I used to deposit from any Metrobank branch without being charged a cent.  What gives?  

I starting to think about pulling out all my bank accounts in metrobank and transferring to BPI.

Anybody have similar experiences?
Title: Does Metrobank Really Charge For Deposits?
Post by: jack on July 21, 2005, 11:13:54 AM
They also charge 100 pesos for inter-provincial branch deposits. I don't know why though, since everything is computerized now.
Title: Does Metrobank Really Charge For Deposits?
Post by: Seele01 on July 21, 2005, 11:16:38 AM
That sucks! I hope BPI doesn't follow them.

They shouldn't charge since even if you depost at your local bank they will still input it in their computer and transmit it to their central database.
 
Title: Does Metrobank Really Charge For Deposits?
Post by: jojitb on July 21, 2005, 11:17:19 AM
yun nga nakakapagtaka eh.  bakit kung kailan interconnected na lahat saka pa meron mga charges.  

Sila lang ba ang ganyan?
Title: Does Metrobank Really Charge For Deposits?
Post by: damon0501 on July 21, 2005, 11:22:07 AM
Nope pati Equitable PCI din ganyan pag interbranch deposit may charge alam ko China Bank meron din.
Title: Does Metrobank Really Charge For Deposits?
Post by: Seele01 on July 21, 2005, 11:24:50 AM
I'm not sure if they are the only ones doing that but I can confirm that they only release bank statements over the counter.
Title: Does Metrobank Really Charge For Deposits?
Post by: kent on July 21, 2005, 11:27:59 AM
lahat po ng bank meron, pero pwede kausapin mo ung branch manager na i-waive ito, but it would only waive kung deposit ka from your account's branch to an account in a different branch, kung deposit ka from a different branch to your account di pa rin waive.

if you do make frequent inter branch deposit better apply for a remittance ATM card, no surchages and no minimum daily balance.
Title: Does Metrobank Really Charge For Deposits?
Post by: baron on July 21, 2005, 11:34:59 AM
Chinabank? I've routinely deposited to an unknown branch (due to online transactions) from Timog and SM North branch and there were no charges.

Also, I remember depositing to Metrobank Ermita from Metrobank Visayas Ave (for reservation of stay in Bora) last May, they didn't charge me anything. Perhaps Cainta is considered an inter-provincial branch deposit. In which case, P50 is good. Allied bank charges a 100 bucks.
Title: Does Metrobank Really Charge For Deposits?
Post by: calvin on July 21, 2005, 11:49:25 AM
Quote
She was also informed that Metrobank does not send bank statements anymore via mail. You have to physically go to your bank and get it. What a crappy way to cost-cut.
Pahirapan ba ang customers.
This was done to protect the depositors... follow-up investigations of several hold-up incidents these past years have revealed the presence of bank statements in the lairs of the felons...
Title: Does Metrobank Really Charge For Deposits?
Post by: jojitb on July 21, 2005, 12:05:03 PM
Quote
Quote
She was also informed that Metrobank does not send bank statements anymore via mail. You have to physically go to your bank and get it. What a crappy way to cost-cut.
Pahirapan ba ang customers.
This was done to protect the depositors... follow-up investigations of several hold-up incidents these past years have revealed the presence of bank statements in the lairs of the felons...
In that case they should have sent a formal notice.  We haven't received any.  

My wife only found out when the bank called her and asked her to get the statements because there are too many already and taking up too much room.   :-x

what a bunch of losers
Title: Does Metrobank Really Charge For Deposits?
Post by: noknok04 on July 21, 2005, 01:05:38 PM
dito sila kumikita, ipunin mo yung P50, million yan =)

seriously, its SOP for a bank.  
Title: Does Metrobank Really Charge For Deposits?
Post by: emancipatedmimi on July 21, 2005, 03:20:11 PM
also,charges 50 when you have a provincial savings/checking account and then you withdraw cash in any atm in Metro Manila.this practice is really really a disservice to students like me who have parents in the province.i know it's just 50 but it amounts to 100 anyway,since you can't withdraw an amount lower than 100!

it sometimes double charges pa because when i verify it to my parents,they say,they already paid 50 also in metrobank in the prov.

i hope metrobank,with its foundation and all,realizes this bloodsucking racket is a disservice.
Title: Does Metrobank Really Charge For Deposits?
Post by: jojitb on July 21, 2005, 03:38:29 PM
probably why the Philippines has one of the lowest savings per capita in the world (read that somewhere).  People do not trust banks anymore.

Ikaw na nga nagdeposito ikaw pa magbabayad!  1% na lang nag interest nila per annum!

Anak talaga sila nang mga baka!
Title: Does Metrobank Really Charge For Deposits?
Post by: kent on July 21, 2005, 07:25:55 PM
@emancipatemimi,
you must have those charges reversed, withdrawing from same bank ATM incurr only charges after a set certain frequency of transaction per month and it's 5~10 pesos per excess transaction only, don't let them get away from it, in some cases it's the bank employee who is padding these transactions and not bank policy.
Title: Does Metrobank Really Charge For Deposits?
Post by: BaThMaN on July 22, 2005, 05:15:22 AM
Deposit charges:
Union Bank - P0
International Exchange Bank - 0
Metrobank - 50
Allied Bank - 50
BPI - 100
BPI Family - 100
Equitable PCI - 100
(dagupan city to manila branches)

eto technique para no deposit charge:
let's say meron ka bank account sa BPI (branch A), then you have to deposit (e.g.) P5k sa BPI (branch B). ask the teller kung pano itratransfer yung 5k sa different depositor sa BPI branch B. they'll let you fill-up a deposit and withdrawal forms. then sila na bahala.
Title: Does Metrobank Really Charge For Deposits?
Post by: noknok04 on July 22, 2005, 06:42:19 AM
Quote
probably why the Philippines has one of the lowest savings per capita in the world (read that somewhere). People do not trust banks anymore.

Ikaw na nga nagdeposito ikaw pa magbabayad! 1% na lang nag interest nila per annum!

Anak talaga sila nang mga baka!

sa pagkaka-alam ko, kaya sa buong southeast asia, yung philippines din ang isa sa mga bansa na stable ang banking industry natin compare sa ibang bansa dahil sa mga simple sop na ito.

isipin mo kung walang ganitong sop, wala rin tayong stable na mga banks, mas lalo tayong mawawalan di ba? =)

isipin mo, every other year, laging may magsasara na banks.
Title: Does Metrobank Really Charge For Deposits?
Post by: TNT2bluz on July 22, 2005, 07:44:38 AM
Quote
Quote
probably why the Philippines has one of the lowest savings per capita in the world (read that somewhere). People do not trust banks anymore.

Ikaw na nga nagdeposito ikaw pa magbabayad! 1% na lang nag interest nila per annum!

Anak talaga sila nang mga baka!

sa pagkaka-alam ko, kaya sa buong southeast asia, yung philippines din ang isa sa mga bansa na stable ang banking industry natin compare sa ibang bansa dahil sa mga simple sop na ito.

isipin mo kung walang ganitong sop, wala rin tayong stable na mga banks, mas lalo tayong mawawalan di ba? =)

isipin mo, every other year, laging may magsasara na banks.
Bangko Sentral policies dictate that each bank must have a minimum reserve at the end of the day or face fines.

Moreover there are a host of regulations to maintain the liquidity of banks, maintain the ratio of bad loans, foreclosed assets, etc.

Fees charged

In other countries it costs more to maintain an account in a bank at one point because their interest are exceeded by their service charges .
Title: Does Metrobank Really Charge For Deposits?
Post by: neonhyde on July 22, 2005, 09:50:36 AM
Quote
eto technique para no deposit charge:
let's say meron ka bank account sa BPI (branch A), then you have to deposit (e.g.) P5k sa BPI (branch B). ask the teller kung pano itratransfer yung 5k sa different depositor sa BPI branch B. they'll let you fill-up a deposit and withdrawal forms. then sila na bahala.

I'll try this one. yung ginawa ko kse, I enrolled the 2 account on my transfer transactions. So even online I could transfer funds to the said account. But this will help me a lot, para naman sa mag-tratransfer ng money sa account ko. =)

 
Title: Does Metrobank Really Charge For Deposits?
Post by: [X] on July 22, 2005, 05:42:37 PM
read the news..
metrobank income jumped 33% this year due to fee-based business model.

my mom has been complaining of this for a couple of years already. seems like any transaction you do with the bank is faced with a fee. parang singapore, it's a fine city hehe..

for comparison, most of these transactions are free when we were still dealing with PCI Bank, now EPCI...
Title: Does Metrobank Really Charge For Deposits?
Post by: waka_nga on July 22, 2005, 05:50:46 PM
yap most deposits lalo na kung provincial branch ang pinanggalingan...depende yan sa amount na dineposit mo mas malaking deposit medyo mataas din ang charge...Service Charge ang tawag nila jan....
Title: Does Metrobank Really Charge For Deposits?
Post by: noknok04 on July 22, 2005, 06:23:41 PM
seriously, try to make friends with the branch manager it will really helps.
kapag regular clients ka naman nila, mai-we-waived na din yan kalaunan.

 
Title: Does Metrobank Really Charge For Deposits?
Post by: waka_nga on July 22, 2005, 06:25:48 PM
yap...yung sinabi ni noknok possible siya....pero matagal ka na dapat na client and regular dapat ang deposits mo....try to ask kung paano sa mismong bank branch manager niyo....
Title: Does Metrobank Really Charge For Deposits?
Post by: BaThMaN on July 22, 2005, 10:42:16 PM
Quote
seriously, try to make friends with the branch manager it will really helps.
kapag regular clients ka naman nila, mai-we-waived na din yan kalaunan.
di din siguro. sop nila yun (mag-charge ng deposit charge). the best they can do is personally assist you para di mo na kelangan pumila :)
Title: Does Metrobank Really Charge For Deposits?
Post by: ratstu34 on July 22, 2005, 11:04:30 PM
Nakapagtrabaho ako s isa sa mga bangko n iyan, 2ngkol s mga inter-branch deposits n yan  kase po kaya sila kumukuha ng fees eh kase yung statement ng deposits n un ay may special procedures n ginagawa, di pwede n electronic transmittals lang, kailangan p din ng physical documents para mabalanse yung accounts...so yung fees n iyon ay para ma compensate yung travelling ng documents at para dun sa magve verify ng account mo manually

...although malaki ang fee, normally P50 - P100 depende sa bangko, meron p nga yta 0.25% ng deposit mo.... para s depositors din nmn po un for security of their accounts and security n din ng bangko TO VERIFY kung tama ba ung deposit or alam nyo na baka meron lang HACKER n nka access ng accounts...

...so, cguro in the near or far future bka ma strenghten nila ang security ng systems nila bka mawala n din ang fees n yan...

...I am also hoping for that kase depositor din ako at wala n ako s bangko ngayun since I am a PROBLEMATIC cafe owner n ngayun.....waaaaaaaa!
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: archieroble on October 17, 2012, 04:19:51 PM
May problema din ako sa Banco De Oro.
Ang problema din sa kanila ay may inter banch deposit charge sila na 50.00 pesos.


Pero may nahanap akong solusyon. Enenroll ko ang savings account ko sa internet at mobile banking. Then nag open ako ng Cash Card sa BDO. Then enenroll ko agad sa internet banking ang Cash Card.


Wala kasi charge pag nag reload sa Cash Card then tina transfer ko nalang sa savings ko.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: calvin on October 18, 2012, 02:09:16 AM
^ this was way back 2005... MetroBank doesn't charge for inter-branch deposit anymore...
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: ris on October 18, 2012, 04:02:26 AM
May problema din ako sa Banco De Oro.
Ang problema din sa kanila ay may inter banch deposit charge sila na 50.00 pesos.


Pero may nahanap akong solusyon. Enenroll ko ang savings account ko sa internet at mobile banking. Then nag open ako ng Cash Card sa BDO. Then enenroll ko agad sa internet banking ang Cash Card.


Wala kasi charge pag nag reload sa Cash Card then tina transfer ko nalang sa savings ko.

wala naman ako nakitang charge sakin ah. and by inter bank, i mean branches within metro manila.  ang meron lang ata charge pag regional na yung ginagawa mong deposit.  parang wala din nga kasi nag papa clear din ako ng regional check.  not sure kung cash na dineposit sa province into my account ha.  basta all metro manila bdo na sinubukan ko mag deposit walang charge. 
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: lahar on October 18, 2012, 07:30:28 AM
May problema din ako sa Banco De Oro.
Ang problema din sa kanila ay may inter banch deposit charge sila na 50.00 pesos.


Pero may nahanap akong solusyon. Enenroll ko ang savings account ko sa internet at mobile banking. Then nag open ako ng Cash Card sa BDO. Then enenroll ko agad sa internet banking ang Cash Card.


Wala kasi charge pag nag reload sa Cash Card then tina transfer ko nalang sa savings ko.

wala naman ako nakitang charge sakin ah. and by inter bank, i mean branches within metro manila.  ang meron lang ata charge pag regional na yung ginagawa mong deposit.  parang wala din nga kasi nag papa clear din ako ng regional check.  not sure kung cash na dineposit sa province into my account ha.  basta all metro manila bdo na sinubukan ko mag deposit walang charge. 

Lahat ng banks ganyan (AFAIK). W/in regions walang charge, pero kapag mag-dedeposit ka na sa isang Cebu-based account sa Metro Manila branch (or vice-versa) may charge na yan (P50-P100).
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: calvin on October 18, 2012, 08:01:44 AM
BDO used to do this... until the time they just acquired Equitable-PCI Bank.

it's Php 50.00 if it was within Metro Manila and Php100.00 if it's a regional branch... this was for cash deposits.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: ris on October 18, 2012, 08:10:22 AM
May problema din ako sa Banco De Oro.
Ang problema din sa kanila ay may inter banch deposit charge sila na 50.00 pesos.


Pero may nahanap akong solusyon. Enenroll ko ang savings account ko sa internet at mobile banking. Then nag open ako ng Cash Card sa BDO. Then enenroll ko agad sa internet banking ang Cash Card.


Wala kasi charge pag nag reload sa Cash Card then tina transfer ko nalang sa savings ko.

wala naman ako nakitang charge sakin ah. and by inter bank, i mean branches within metro manila.  ang meron lang ata charge pag regional na yung ginagawa mong deposit.  parang wala din nga kasi nag papa clear din ako ng regional check.  not sure kung cash na dineposit sa province into my account ha.  basta all metro manila bdo na sinubukan ko mag deposit walang charge. 

Lahat ng banks ganyan (AFAIK). W/in regions walang charge, pero kapag mag-dedeposit ka na sa isang Cebu-based account sa Metro Manila branch (or vice-versa) may charge na yan (P50-P100).

may naalala ako.  sinabi nga pala sakin ng friend ko na may charge nga ang deposit pag regional.  bpi daw walang charge sabi nya.  parang nag research nga ako at parang no regional charge nga pag bpi

edit: regional charge for deposits. 
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: jojitb on October 18, 2012, 09:00:00 AM
alam ko metrobank ganyan pa din. kasi yun metrobank sa cainta pag magdeposito ka sa account mo na sa QC in-open sisingilin ka 50 pesos pero sa next branch na mga 1KM away, since pasig na yun wala na charge.  parang tanga.

sa bdo pala ganun din? buti na lang puro withdraw lang ginagawa ko sa bdo account ko hehehehe
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: calvin on October 18, 2012, 10:01:15 AM
alam ko metrobank ganyan pa din. kasi yun metrobank sa cainta pag magdeposito ka sa account mo na sa QC in-open sisingilin ka 50 pesos pero sa next branch na mga 1KM away, since pasig na yun wala na charge.  parang tanga.

sa bdo pala ganun din? buti na lang puro withdraw lang ginagawa ko sa bdo account ko hehehehe

that's odd... I just deposited cash into my cousin's account (Tuguegarao Branch) the other day... wala naman interbranch charge na kinuha.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: Hajile on October 18, 2012, 10:16:17 AM
May problema din ako sa Banco De Oro.
Ang problema din sa kanila ay may inter banch deposit charge sila na 50.00 pesos.


Pero may nahanap akong solusyon. Enenroll ko ang savings account ko sa internet at mobile banking. Then nag open ako ng Cash Card sa BDO. Then enenroll ko agad sa internet banking ang Cash Card.


Wala kasi charge pag nag reload sa Cash Card then tina transfer ko nalang sa savings ko.

I've been ordering parts from lowdogs (Pasig area) for a few months now. I deposit it on their BDO account from here (laguna) and i don't think i've paid any more than the sticker price+lbc.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: freeSmsApp on October 18, 2012, 11:39:16 PM
hmm metro bank well a bit more greedy aren't they???


coz last 3 months ago I've changed my pay check(metrobank) to cash in a different branch of metro bank and they bloody charge me with 50 pesos.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: juke on October 19, 2012, 10:10:08 PM
AFAIK, yung inter branch deposit walang charge, ang merong charge ay yung withdrawal.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: Bleb on November 21, 2016, 05:06:03 AM
2016 na po.. magkano na po ang charges ng metrobank pag regional deposits?wala po bang other way na i thru online transfer na lang ang funding sa ibang metrobank account gaya ng sa bpi?
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: wheelee on November 21, 2016, 09:32:13 AM
sinara ko yung sa akin a few years ago, grabe sila meron akong P930 pag check ko P30 nalang kasi pag below a certain amount P300 daw ang kaltas, busit sila.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: calvin on November 21, 2016, 01:00:18 PM
2016 na po.. magkano na po ang charges ng metrobank pag regional deposits?wala po bang other way na i thru online transfer na lang ang funding sa ibang metrobank account gaya ng sa bpi?

I do online bank transfer to my cousin's account in Cagayan using "MetrobankDirect" and I don't see any transaction charges...
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: Louie on November 22, 2016, 11:26:32 AM
Neither for BPI when I transact with online sellers.
Title: Re: Does Metrobank Really Charge For Deposits?
Post by: popoy on November 24, 2016, 07:47:16 PM
With BPI before there was a 50 peso charge if depositing from outside MM to MM.  Dont know if this is still the case.