BDO Retail Internet Banking Now Supported

BDO Retail Internet Banking (RIB) is the name of the Internet banking facility of Banco de Oro (BDO). Although BDO has one of the biggest depositor base, it has still has a relatively small user base for the Internet banking since they are a late-comer in the field.

BDO RIB will not win aesthetic design awards anytime soon, but its functional. It is also one of the most stable and has one of the highest uptime among the local Internet banking services. It has a complete range of features from basic balance inquiry to bills payment and fund transfers. BDO RIB is available for free to all regular, individual BDO account holders. It is not available, as of this writing, to BDO Cash Card users.

In addition to BDO Over-the-Counter payments, Dragonpay now supports RIB for online payments to Dragonpay or Mozcom PayEasy e-commerce merchants. To use Dragonpay with RIB, a one-time registration is necessary. Because of BDO's backlog, processing of registration can take up to 5 business days -- by far one of the slowest among local banks. We recommend that you register even if you do not have an immediate purchase requirement because of the delay.

BPI Express Online Now Supported

BPI Express Online (EOL) is the name of the Internet banking facility of the Bank of the Philippine Islands (BPI). It is one of the most widely-used online banking facility locally with a complete range of features from basic balance inquiry to bills payment and fund transfers. BPI EOL is available for free to all individual BPI account holders. Activation is easy and normally takes 1 to 2 business days only unlike other large local banks.






In addition to over-the-counter bank payments at BPI, Dragonpay now supports online payments from BPI EOL users. Using this service requires going through a one-time registration process. This process normally takes one business day only for BPI to complete. Customers who have plans of making purchases from Dragonpay merchants are encouraged to register ahead of time even if they do not have an immediate requirement to make a purchase. That way, when the time comes, they can immediately use their BPI EOL account to pay through Dragonpay.

RCBC Over-the-Counter Payments

In addition to online support for RCBC AccessOne Internet Banking, Dragonpay now also accepts over-the-counter deposits to any of RCBC's 300+ branches nationwide.

Customers who make purchases from Dragonpay-accredited merchants can pay through any RCBC branch even if they do not maintain an account with the bank. They just need to fill-up a deposit slip and validate their payment online. In most cases, validation is not even necessary as Dragonpay's system can automatically detect the deposit and advise the merchant in real-time.

RCBC charges handling fee for deposits made to to its smaller, satellite branches nationwide. But for its larger provincial branch office, the fee is waived. Customers are advised to check first with the branch whether they impose this fee for deposits to a Metro Manila bank account or not.

BPI Over-the-Counter Payments

Bank of the Philippine Islands (BPI) is one of the oldest commercial banks in the Philippines. It is consistently ranked as one of the Top 3 banks in terms of deposits, loans and capital accounts. It pioneered the Automated Teller Machine (ATM) in the country, and as of 2Q2009, it had the the most number of ATM's deployed at 1,573. It operates its own ATM network, called ExpressNet, independent of the BancNet and MegaLink ATM consortiums. It also had the largest branch network at 827, which has no doubt increased by several more as of this posting.

BPI is owned by the Ayala Group whose business interests include real estate (Ayala Land), telecommunications (Globe Telecoms / Innove Communications), utilities (Manila Water), insurance, electronics, and automotive, among others.

Customers who make purchases from Dragonpay-accredited merchants can pay through any BPI branch nationwide even if they do not maintain an account with the bank. They just need to fill-up a deposit slip and validate their payment online. In most cases, validation is not even necessary as Dragonpay's system can automatically detect the deposit and advise the merchant in real-time.

BPI does not charge a handling fee for deposits made to any of its branches nationwide. This makes it a preferred option for over-the-counter payment from nationwide customers.

RCBC Over-the-Counter Payments

Over-the-counter payments at all RCBC's 300-plus branches nationwide is now available. This is in additional to the support of RCBC AccessOne Internet banking.

Customers who make purchases from Dragonpay or PayEasy accredited merchants can pay at any RCBC branch even if they do not maintain an account with the bank. They just need to fill-up a deposit slip and validate their payment online. In most cases, validation is not even necessary as Dragonpay's system can automatically detect the deposit and advise the merchant in real-time. Note however that RCBC charges a handling fee in selected, small provincial branches. But in major provincial branches, there are no handling fees. Check with the teller first to make sure.