BDO imposes P 2 on cash card withdrawals

Starting September 1, for every BDO Cash Card Withdrawal there would be a P 2 charge on a BDO terminal. Earlier there were reports that all BDO accounts were subject to the P 2 charge fee which made a buzz throughout the internet.

This was clarified by Jaime Nasol, BDO Cash Management Services Head. In a statement released by BDO-Unibank, he clarified, "The 2 pesos fee will only be effective on withdrawals of clients using cash cards (or BDO Prepaid cards), similar to what other industry players are implementing. This is to partialy recover our cost on cash handling. BDO account holders are not affected by this development."
This offers a sigh of relief for those BDO regular account holders.

Posted in: BDO,Money