*Waived as long as there are four (4) remittances a year.
**USD 500 for US Dollar accounts.
Remit straight to your Pamana Padala account and enjoy lower fees compared to cash pick-up.
Transfer funds online or through the BPI Mobile app anytime.
You only need Php 500 to open an account.
Get a free personal accident insurance worth Php 100,000 for 90 days.
Get free life insurance coverage of up to Php 300,000 or USD 6,000.
1. Visit any BPI or BPI Family Savings Bank branch near you.
2. Bring the following account opening requirements:
• One (1) original, valid ID with photo and signature
• Proof that you are an Overseas Filipino Worker
• Initial deposit of only Php 500 or USD 500
Check the complete list of deposit rates.
BPI Pamana Padala is a remittance solution exclusive to Overseas Filipino Remitters (i.e. individuals based overseas for employment, 18-55 years old, there is no restriction on the country of destination).
A seafarer's regular allotment will not form part of the remittance count to be entitled to the free Remittance Continuation Plan. Only client initiated remittances will form part of the remittance continuation benefit.
In case something unfortunate happens to the OF remitter, his family will continue to get remittance for 12 months.*
The account holder will get two types of insurances;
a. By opening an account, the OF remitter will automatically be entitled to a free 90-day Personal Accident Insurance with Php 100,000 coverage.
b. Account holder will be eligible to a free life insurance coverage of up to Php 300,000 for Peso Accounts or USD 6,000 for USD Accounts, effective on the 4th remittance within a 12-month period.
Terms and conditions apply
BPI Padala Moneyger account is an affordable savings account specially designed for those who receive remittances.
To refer your beneficiary, you will need to provide us their full name and contact details via e-mail at firstname.lastname@example.org.