Thursday, November 6

New Direct Save-UP Account

I have just opened a direct save-up account at the Bank of the Philippines Islands. This account is immediately filled with balance transfers from my payroll account at the same bank. What's good about this Direct Save-up account is that I wouldn't be able to touch my money through an ATM. If I wanted to withdraw from that account I can either do a balance transfer from it to my payroll ATM account or go to the bank's branch at SM City and withdraw from there personally. This also solves my problem of amounts below 100 pesos which I can not normally withdraw from the ATM.

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