BDO Unibank

From Everything.Sucks

BDO Unibank, Inc., commonly known as Banco de Oro (BDO), is a Philippine banking company based in Makati. In terms of total assets, the firm is the largest bank in the Philippines, fifteenth largest in Southeast Asia, 116th largest in Asia, and the 234th largest bank globally as of March 31, 2016. BDO Unibank is also a member of the SM Group. It is also the largest bank in the country by market capitalization.

The firm is a full-service universal bank. It provides products and services to the retail and corporate markets including lending (corporate, middle market, SME, and consumer), deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management, and remittances. Through its subsidiaries, the Bank offers Leasing and Financing, Investment Banking, Private Banking, Bancassurance, Insurance brokerage, and stock brokerage services.BDO has the largest distribution network with over 1,300 operating branches and more than 4,000 ATMs nationwide.

A sad former employee woefully posted on social media addressing her experience with the institution, she wrote " Company has no regard for the employees' wellbeing. No work-life balance. Managers expect staff to work well beyond 8 hours without overtime pay. Only lunch break in between 8 hours. It is a concrete Jungle where you should always watch you back. Have a very toxic working environment. Have employees working long hours and some employees' Overtime has been disapproved. "

BDO Unibank Reviews

Rob van den Akker says "In the beginning, the transactions went well. Suddenly Transferwise decided to deactivate my account. Then my father opened an account. even there the first 10 transactions were no problem. When my father wanted to convert 4000 Euro into dollars via the Hello World master card from Transferwise, his account was deactivated without mentioning a reason. Then my sister opened an account. And can not transfer money and transferwise has also deactivated the account after 2 days without any reason. Now my mother has opened an account. It was impossible to transfer money and so Transferwise deactivated this account today. Fortunately, a friend of mine helps transfer money to Indonesia and till today without any problems. :-)"
Andreas Johannes says "Transferwise costs are not too high but the local costs at the receiving banks are much higher than normal. They cancelled my account suddenly without giving any reason. Appeal denied also without any reason given"
Moshood Gafar says "A friend made a deposit into my account from a UK bank and the money never reach my account. His bank confirmed they've made the transfer that the issue is with my bank. I contacted TransferWise, to my surprise my bank confirmed they're holding payment and i should provide is full name including any middle and date of birth. DOB is a sensitive data that shouldn't be shared with third party who is not authorised to have it. My friends bank has already completed KYC on him where he own the account for more than 20 years. I don't understand why TW is requesting for my friends DOB when he doesn't have an account with them. This is just £100 so what will happen when is a lot more. Please return the money back ASAP while i close my account."
Shady says "0 stars, they deactivated my account after 3 days and they are currently holding 3000$+ and not replying to anything. How can someone trust a ‘bank’ that act like that?Scammers,transferwise should be illegal."

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