Do you regularly remit money to your family? Perhaps most of us do. There are so many ways we can send money to our friends, family and peers. There are different remittance centers in the Philippines which you can send or receive money. However, banks have also same feature as this which offers a hassle-free transaction as you no longer need go to their branches to do the transaction. All you have to do is use their mobile applications for online money transfer.
One of these banking partners which I’m going to share is the BPI online banking.
Here’s how it’s done:
First, login to your BPI account via BPI Mobile app as shown below.
Enter your Username and Password then click Login button. (see below image):
At the upper left corner of the panel, click the menu button as shown encircled in yellow below:
On the drop down panel, select Transfers.
Then select Transfer Money.
Under Transfer from, select the account from which will be your fund source for transfer. Input the amount to be transferred under Transfer amount section and select the transfer type. The transfer type can be to the other account number under the same account holder of the fund source (Transfer to own account), to other account holder(Transfer to 3rd Party) or other non-BPI banks (Transfer to another bank). Then input the account number to which the fund will be transferred under Transfer to. Then click Next button.
Your transfer details will need to be reviewed prior to processing, click Confirm button once you have verified that the details of your transaction was right.
For security purposes, you will need to verify the authenticity of the transaction as the account holder prior to processing the transfer. An OTP (One-Time PIN) will need to be sent to your enrolled mobile number. Click the Yes, send me the code button.
After a few seconds, an SMS will arrive to your enrolled mobile number with the OTP.
Use the received OTP to input in the authentication panel as shown below then click Submit button.
And Voila! Your money transfer was successful!
You can save this screenshot of yours as proof of your transfer to your transaction partner and send it to him/her for his/her acknowledgment.
Too easy and hassle-free right? Thanks to this feature of BPI. We no longer need to go outside to send money to our love ones, friends and transaction partners.
