I have a BDO peso passbook savings account with 10k maintaining balance. Last April 2, the balance became 7k. This April 8, I'll deposit around 3,500. Will my account be charged 300 pesos for those days the account balance was below 10k? Thanks po for the help.


If you have maintained your account in the month of March, you will not be charged this April even if you fell below the 10k maintaining-balance requirement the month of April.  Why so?  Because you are charged only if you fall below the maintaining balance requirement for two consecutive months.

This means if you fall below the 10k balance requirement for both March and April (these are 2 consecutive months), then you will be charged the 300-peso penalty this April 29 (last business day of the month).  But if you fall below the required balance for only one month, you won't be charged.

You said you will deposit 3,500 on April 8. Will you be able to maintain your account this month of April?  Let us see. Let's compute your Average Daily Balance (ADB for the month of April).

First, let us add all your daily balances from April 1 to 30.

This is how your account will appear for the month of April if you will not withdraw after depositing 3,500:

April 1: Balance is 10k
April 2 to 7; Balance is 7k
April 8 to 30: Balance is 10,500

Let us add your daily balances for the whole month of April:
April 1: 10,000 x 1 day = 10,000 pesos
April 2 to 7: 7,000 x 6 days = 60,000 pesos
April 8 to 30:  10,500 x 23 days =  241,500 pesos

Total daily balances for the month = 10,000 + 60,000 + 214,500 = 311,500

Your Average Daily Balance (ADB) for the month of April:  311,500 divided by 30 days =  10,383 pesos

This means your ADB for the month of April is 10,383 pesos.
10,383 is higher than 10,000,
so you did not fall below the maintaining-balance requirement in the month of April.

You were able to maintain your account in the month of April. 


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  2. I make saving bank account before it was October 2019 and unfortunately I need money in December so I tried to get all the money in my bank account also the maintaining balance I wanna ask if I can still use my card now or it was already close since it doesn't have any money inside my card

  3. Hi, if it's a savings account, and it became zero or it had few pesos in December, then your account was most likely closed in January (the 2nd straight month that you did not maintain your account). If it's a cash card, baka active pa, kasi puedeng zero ang laman ng cash card for several months.

  4. My brother wanted to send money to my account through online transfer but it was ist21 transaction unsuccessful. I've checked my balance in BDO apps and it was zero balanace I've search info that ist21 means account is closed. I remembered I withdraw my savings and left 300 plus. What to do? How to activate my account again? Hoping for favorable responses. Thank you

    1. Sorry, BDO does not reactivate closed accounts. But you can open a new account. Most likely your account was closed on the last banking day of the 2nd consecutive month that you did not maintain 2k or more in your account.
      If you need something for money transfers, you can use Paymaya or Gcash.

  5. May account is zero maintaining balance bcoz I widraw n I have 200+ in my account and when I open is already gone bcoz of penalty, if I deposit my maintaining balance ,ist possible that I penalty monthly if I'm in my maintaining balance?

  6. Sir,let me know if my money save in my savings not deduct even i ddnt deposit every month??The maintaining complete my problem only i ddnt deposit every month and if i deposit sometimes only 2k-4k so its ok or they will deduct my money earn in my savings..thank you

    1. It's okay if you don't deposit every month. It's okay if you deposit only sometimes. There will be no deduction as long as you maintain your account, meaning there's 2k pesos or more in your account every day of the month, or the average daily balance every month is 2k pesos or more.


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