Are you having problems with depositing your money or with the timeframe that the Bank of the Philippine Islands has allotted for you to get the deposit? Worry no more because right now, they offer premium service with the cash deposit machine which can be seen in many parts of the country. What’s good about it is that you can use it with or without your ATM card. In this article, we will be teaching you the steps you need to take in order to make the deposit to the account of your choice.
Before anything else, let us first discuss what this machine is. The cash deposit machine is a deposit facility that allows members, users, and cardholders of BPI and BPI Family Savings Bank to make deposits via machine that accepts Php100.00, Php500.00, and Php1, 000.00 cash. Aside from this, here are the things you need to know about the machine for you to be amazed and to use it more than the traditional way of having a bank teller assist you:
- Deposits are credited in real time. Even on weekends and even if you make the deposit outside of the business hours.
- You get a transaction receipt to verify and to serve as proof of the transaction.
- You do not have to be a genius to make a deposit via the cash deposit machine.
- No need to put your money in an envelope.
- You do not have to fill up forms or papers.
Read: How to Apply for BPI Savings Account
So how do you make the deposit using this machine? There are actually two (2) types of deposits you can make; with the card and without the card. We will elaborate both in order for you to know how to make the deposit in each category so, sit back, relax, and enjoy.
With the card
- You insert your ATM card to the machine if, of course you want the money to be credited to your account.
- You select Express Deposit.
- Select the account type (Current or Savings).
- Insert your cash.
- View the summary of the deposit and then select deposit but if you change your mind, there is an option to Add Cash or to
- Get the receipt of the deposit which is proof and verification that the deposit was successful.
Without the card
- If you do not have the card with you, if you do not want to insert your card, or you want the money credited to another account, you just press Enter.
- Select the bank of the account in which you want the money to be deposited. You have BPI, BPI Family Bank, and BPI Direct.
- Select the account type (Current or Savings).
- Enter the 10-digit Card Number which can be seen in the front after the first 6 digits of your card. You will also be asked to enter the 2-digit joint account indicator which can be seen in the bottom right part of the ATM card.
- Insert your cash.
- View the summary of the deposit and then select deposit but if you change your mind, there is an option to Add Cash or to
- Get the receipt of the deposit which is proof and verification that the deposit was successful.
A lot of you may be wondering; what else can I do since I can insert my card to this machine? Well, that is a very good question and since we got to that, let me briefly explain what else you can do with the machine other than making a deposit. You can also:
- Inquire of your remaining credits/ Balance Inquiry
- Funds Transfer
- Bills Payment
- Express Cash Reloading/Prepaid Card
- Prepaid Cellphone Reloading (Globe and TM)
Now that you know more about the cash deposit machine of BPI, you now have a hassle-free way of depositing cash into your account or if you need to credit it to another account, no need to wait for banking hours. Try and use the machine now and be fascinated with deposits in just under 2 minutes.