No, there's no BDO Kabayan savings account expiration.

Your Kabayan account does not expire. But it can automatically be CLOSED if you don't maintain it.

If you fail to comply with the account maintenance rule, your Kabayan account will be converted into a regular savings account, and then later on closed.

The thing that has an expiration date is your new BDO debit card, the one with Visa or Mastercard logo. Your account will not expire, but your debit card/ATM card will expire. See VALID THRU on the front side of your debit card. You will need to request for a new replacement card about one week or 2 weeks before the expiration date.


Why and when will a Kabayan savings account be converted into a regular savings account?

It will be converted into a regular savings account after 24 months of no remittance into the account from abroad.
Remember na hindi required ang maintaining balance sa Kabayan account kasi it was designed to attract OFWs. Ang requirement lang is dapat merong remittance from abroad at least once every 24 months.

Notice:

Starting October 1, 2018, na-extend na sa 24 months ang chance for BDO Kabayan account owners to remit from abroad at least once to their Kabayan accounts para ma-maintain ang account na Kabayan pa rin, na walang maintaining-balance requirement.

At ibinaba na rin from 10,000 pesos to 2,000 pesos ang maintaining balance ng anumang account na hindi naka-remit from abroad after 24 months at na-convert into a regular savings account, at hindi na Kabayan ang account.

 Ang new rules na ito ay para sa mga BDO Kabayan accounts na:
1.  Active as Kabayan account as of October 1, 2018
2.  Opened on or after October 1, 2018
3.  Opened in 2018 and has at least one foreign remittance

Andito yong BDO policy for maintaining a Kabayan savings account.

So after 24 months of no foreign remittance, your Kabayan account will automatically be converted into a regular passbook savings account. This time, meron nang maintaining balance requirement na 2,000 pesos.

This means na dapat meron kang 2,000 pesos sa account mo everyday as maintaining balance. Puede namang hindi everyday na andon yong 2,000 pesos basta lang sa ibang araw meron kang nakadeposit na more than 2,000 pesos at nang sa ganon, pag mag-compute na ang BDO ng average daily balance for the month, 2,000 pesos or more pa rin ang lumalabas na balance.

I asked my relative to deposit money to my Kabayan account so it will remain a Kabayan account. Why was my Kabayan still converted into a regular account?

Dapat remittance from abroad. Ang deposit over the counter or online money transfer from another BDO account ay hindi considered remittance from abroad.

Why was my account closed after it was converted?

It was closed because your balance was only 300 pesos or less. When the 300-peso penalty was deducted, your balance became ZERO or NEGATIVE, so automatically, your account was closed.
Ang rule is: After 2 consecutive months that your account is below maintaining-balance status, your account will get a penalty of 300 pesos every month until your balance is used up, or until you restore it to good status.

Once na naging zero o negative ang bank account, automatically ay nako-close ito. Naka-program yan, so automatic.

Can I reactivate my closed account?

BDO does not reactivate closed accounts.
But you can open a new BDO account after 6 months.

28 Comments

  1. Kabayan savings account was opened back in July 2017 but have not received any remittance. Can i still use it as someone from abroad will be deposting money on it weekly. Thanks!

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  2. Bakit naghulog ako kagabi s bdo account ko hanggang ngaun di pa rin pumasok..?

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  3. pwede ba bng hulugan ung account ko 1 half ko ng hnd na hulugan pero nung nag open ako sa pinas pagdating ko dt sa abroad nahulugan ko cy ng 3beses pwede pa yun

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    Replies
    1. Hi, BDO Kabayan ba ang account mo? If yes, active pa ang account mo kasi sabi mo yong last time na nahulugan mo is one-half year ago.
      Kung regular na BDO account, at hindi Kabayan, at zero ang balance, malamang na-close na noong 4 months ago pa.

      Delete
  4. 1year n dko nhulugan ung passbook k pero nung ngpagawa aq ng passbook my laman n 5thousand active pa ĸya.. Ska ask lng dba pede mg deposit relatives para di ma closed o
    ĸylangan abroad to phililiplines ang hulog

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  5. Hi, active pa ang account mo, kasi naging 2 years na ang allowed time ng BDO since Nov 2018 para mag-remit to Kabayan from abroad. Besides, naging 2k na rin ang maintaining balance requirement in case na-convert na from Kabayan to regular account. Sabi mo, you had 5k in your account, so that's good. Yes, puedeng magdeposit ang anyone in the Philippines to your account over the counter. Puede ring bank to bank online. Puedeng 200 pesos or more para lang ma-test mo kung active o hindi. Kung tatanggapin ng teller ang deposit at ike-credit sa account mo, that means active pa ang account mo.

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  6. Hi ask ko lng po if activate pa po ba ung bdo kabayan savings ko my laman lng po syang 100 February 27 2018 po ako naghulog ng 100 pesos balak ko sana syang hulugan if kung activate pa po sya tnx dto po kc ako sa jeddah ksa tnx

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  7. Hi, hindi ako sure kung open pa, kasi ang sabi sa rules ay kung 2018 na-open ay dapat merong at least one foreign remittance noong 2018. Kung na-change PIN mo yang atm mo dito noon, puede kang mag-try mag-balance-inquiry sa atm diyan na merong Mastercard/Visa logo. One dollar ang inquiry fee. Kung merong response na balance amount, it means active pa ang account mo. Another way is to ask your family to deposit maybe 200 pesos to your account over the counter at BDO. Kung tatanggapin at madeposit, it means active pa ang account mo. Kung active, malamang hindi na siya Kabayan, kasi lumampas ka ng 2 years na hindi napadalhan from abroad. Pag regular na, meron nang requirement to maintain 2k in your account. Ang suggestion ko huwag magpadala sa account na hindi muna nasigurado na open pa. Send for Cash Pickup lang muna.

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  8. Hi ask ko lang po, if open p ung savings account ko last oct 2017 ko p poh sya inopen, last n nhulogan sya nong july 2018? Thankyou

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  9. Hi, sorry I'm not sure, pero mukhang active pa ang account mo kasi active pa siya noong Oct 2018 -- that was the date noong binago yong rule at ginawa nang 2 years effective Oct 2018 yong allowance to remit from abroad at least once to a Kabayan account para Kabayan pa rin siya. Since July 2018 na huling remittance mo, wala pa namang 2 years, pero malapit na. I suggest na you wait till May 1 kung puede nang pumunta ang family mo sa BDO at subukang depositohan ang account mo. Try nilang magdeposit ng 100 pesos. Kung tatanggapin, ibig sabihin active pa ang account mo. Puede ring magtanong ka dito sa Contact page ng BDO: https://www.bdo.com.ph/contact-us

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  10. October 18 ,2018 pa po ung kabayan savings ko ,,, active pa po b,, magdeposit po ako Sana ngayon ,,,

    ReplyDelete
  11. Sige i-check ko muna kung Oct 2018 ba yong start ng bago nilang policy na 2 years ang allowance for at least one foreign remittance.

    ReplyDelete
    Replies
    1. Based sa policy nila na 2 years ang allowance, active pa ang account mo. Dito yong policy nila: at least one foreign remittance to BDO Kabayan Savings within 2 years

      Delete
  12. Hi, nag open po husband ko nang BDO KABAYAN account last Jan.2018 pero simula Nung nag open siya Hindi nadepositohan nang remittance hanggang ngayon. Pero sa bagong company na Inaplayan nang husband Ang bank account na nirequire is BDO. Since may bdo KABAYAN account siya itanong ko Lang Po f active paba Ang BDO KABAYAN account nang husband ko sa ngayon? Thank you

    ReplyDelete
    Replies
    1. Hi, malamang closed na kasi more than 2 years na since Jan 2018 na walang deposit. Active pa ang account niya noong Oct 2018 when BDO changed their rule from "at least one remittance within 1 year" to "within 2 years", pero sinabi rin nila na dapat merong at least 1 remittance in 2018, so malamang closed na. Pero kung gusto niong ma-sure, at merong ATM card, try nio mag-balance inquiry. Kapag merong isasagot na balance, active ang account. Pag walang ATM card, if you like, try nio mag-deposit sa account over the counter at a BDO branch. Kung active pa ang account, tatanggapin ng teller yong deposit.

      Delete
  13. Gooday po ibig sabihin po ba kng hindi 2018 ka ng open na kabayan acount mo pag hindi nahulugan ng remitance maconvert na ng regular peso yun kahit ngayung may pandemic kasi hindi ka agd nka balik abroad

    ReplyDelete
    Replies
    1. Kung naopen ang account mo before October 2018, dapat nadepositohan mo ng kahit once in 2018. Then dapat nadepositohan mo ng once within the 2019 to 2020 period (2 years). Kung hindi, naging regular account na siya. Kung hindi mo sure, icheck mo sa BDO atm kung active pa ang account mo. Kung active pa ang account mo, at gusto mo pang ituloy, lagyan mo ng 2k pesos or more para yon ang magiging maintaining balance niya para hindi siya ma-close.

      Delete
  14. Pero para sure, kung active pa ang account mo, bago mo depositohan ng 2k, tanungin mo muna yong BDO officer kung ano na ang status ng account mo, kung Kabayan pa siya, at kung kelan siya dapat mapadalhan from abroad para Kabayan pa rin, at kung depositohan mo yong account mo ng 2k ay hindi mababawasan ng penalty.

    ReplyDelete
  15. good day po,last june2019 po ako nakapagopen ng bdo kabayan dito sa taiwan since po nun di ko nahulugan yung account. eh balak ko na po sana hulugan meron po kayang madaling way para malaman kung active pa or naclose na yung account ko or kung pwede na ko mag open ng bagong account

    ReplyDelete
    Replies
    1. Hi rubskhie, based sa rules ng BDO about Kabayan, active pa ang account mo, kasi ang rule nila is dapat merong at least one remittance from abroad within 2 years (24 months). 14 to 15 months pa lang ang account mo, so active pa. Para super sure, puede kang magpadeposit sa account mo sa family mo ng 100 pesos. Kung tanggapin ng BDO ang deposit, it means active pa ang account mo. Kelangan nila ang BDO account number mo at yong name mo na ginamit mo sa account mo.

      Delete
  16. ask ko lng po bakit nagwiwithdeaw ako sa kabayan atm ko may 500 na balance,bakit hindi po mawithdraw walang action yung atm machine nakastop lng until i cancelled the withdrawal transaction kasi 5mins.na naghihintay ako walang transaction na nangyari,ano po kaya problema?

    ReplyDelete
  17. Sa BDO atm ka nagwiwidro? Dapat yan merong information sa screen kung anong problem. Try mo kaya 200 pesos, yong minimum. Kung ayaw pa rin, try mo another BDO machine.

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  20. Hi, ask ko lang po if need po ng proof of relatives working abroad to apply for BDO Kabayan Savings Acct? Or is it possible po ba na remittance from bookkeeping online jobs internationals? Makakapagapply po ba if ganyan case? Please enlighten me. Thanks!

    ReplyDelete
  21. Hi Jas, just present one receipt of remittance from an OFW abroad, or relative abroad. Sabihin mo lang na magpapadala sila madalas. Kung payment from a foreign client, palagay ko hindi puede sa Kabayan kasi hindi OFW ang client (pang-OFW lang kasi ang Kabayan). If you can maintain 2k in your account every month, apply for the regular BDO atm. This account can also receive payments from abroad.

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  22. Hi. Malapit na po ma-convert yung BDO Kabayan ko sa Regular account. Kapag po ba naconvert na siya, gagana pa po ba yung ATM account ko? Make-keep ko pa din ba yung passbook ko? And papalitan din po ba nila yung atm card ko ng bago? May laman po siyang 20k.

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  23. hi may kabayan account po ako and hindi ko na po siya nahulog hulogan ng money then na expire po ito last August 2020 ang tanong ko is may charges ba akong babayaran sa bdo or penalty fee para maka open ulit ng bagong account?

    ReplyDelete

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