This article will show you how to fund your COL Financial account using BDO online banking, you don’t need to go out to add funds in your account and start buying stocks.
If you don’t have BDO account, just visit the nearest BDO branch and open an account, then register it for online banking, I have an instruction on how to enroll in BDO online banking .
COL Financial is a leading online stock brokerage firm in the Philippines, providing retail investors with a platform to trade stocks and manage investments in the Philippine Stock Exchange (PSE). Established in 1999, it aims to empower Filipinos to grow their wealth through accessible online tools and education for investing in stocks, mutual funds, and other financial instruments.
Education and Tools : Offers free seminars, video tutorials, and educational materials to help beginners understand the stock market and investing strategies.
Three Account Types
COL Starter : Designed for beginners with a minimum opening balance of PHP 1,000. COL Plus : Offers more features, including access to research reports, with a minimum of PHP 25,000. COL Premium : For high-net-worth investors with over PHP 1,000,000 in funding and exclusive access to premium services. How to Fund COL Financial Account using BDO Online Banking Step 1. Login to BDO Online Banking Login to your BDO Online banking account, then add COL Financial in Company/Biller. On “My Quick Links” menu found on the left, select “Add Company/Biller”.
Step 2. Enroll COL Financial to Company/Biller On the Enroll Company/Biller page, select COL Financial Group, Inc. in the Company/Biller name drop-down field, enter the 8 digits COL account number in the Subscriber Number field, then your name and preferred nickname, double check then click submit if you’re done.
Step 2. Pay Bills After you add COL Financial to your company/biller, head on again to “My Quick Links” menu, this time choose the Pay Bills icon.
On the Pay Bills page, select your BDO online account where your funds coming, in the Pay from field. Select COL Financial Group, Inc (Your COL Acct #) from the Pay this Company/Biller field, then enter the amount that you want to invest or transfer, enter your remarks, double check then hit the “Submit” button.
Step 3. Confirm Payment Double-check all the details, and make sure all the data are correct to avoid problems. Click Continue to confirm the payment.
That’s it, you will arrive at a detailed summary of your payment that you can print for record purposes.
Frequently Ask Questions (FAQ) Here are some common questions about funding a COL Financial account using BDO Online Banking
How long does it take for my funds to reflect in my COL Financial account?
Funds typically reflect in your COL Financial account within 1-2 banking days after the transaction is processed. However, if you make the transfer before the cut-off time (usually around 12:00 PM on weekdays), it may reflect on the same day.
Is there a minimum amount I need to transfer to fund my COL Financial account?
The minimum deposit or transfer amount depends on the type of COL Financial account you have. For example, the COL Starter account requires a minimum funding of PHP 1,000.
Can I fund my COL Financial account during weekends or holidays?
Yes, you can initiate the transfer via BDO Online Banking during weekends or holidays. However, the transaction will be processed and reflected in your COL Financial account on the next banking day.
Will I be charged a fee for transferring funds from BDO to COL Financial?
No, BDO typically does not charge a transfer fee when sending money to another BDO account, including COL Financial’s account.
What should I do if the funds don’t reflect in my COL Financial account?
If your funds do not reflect within 1-2 banking days, contact COL Financial’s customer support and provide them with your transaction reference number. You can also check with BDO to verify that the transfer was successful.
Can I use the BDO mobile app to fund my COL Financial account?
Yes, you can use the BDO mobile banking app to fund your COL Financial account by following the same process as on the web version (under “Send Money” > “To Any BDO Account”).
Do I need to notify COL Financial after making a transfer from BDO?
There is generally no need to notify COL Financial directly after the transfer, as long as you’ve included your COL account number and account name in the remarks section. The crediting will happen automatically once the funds are received.
Can I fund my COL Financial account using a BDO joint account?
Yes, you can fund your COL Financial account from a BDO joint account. The process is the same as funding from an individual BDO account.
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Disclaimer : The information provided in this guide is for general informational purposes only and is not intended as financial or legal advice. While every effort has been made to ensure the accuracy of the content, users are advised to verify details with their bank or COL Financial directly, as processes and policies may change over time. The author is not responsible for any errors, omissions, or delays in the transfer of funds, or any losses incurred from following the instructions provided. Always consult with financial professionals for specific guidance.
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