BPI stands for Bank of Philippines Island, a universal bank and the first bank in both the Philippines and Southwest Asia. According to Wikipedia (Source), it is the fourth largest bank in terms of assets in the Philippines. The bank is headquartered in Makati, Philippines.
BPI has some of the largest customers in the country. Unfortunately, most of these customers do not understand how to transfer money from BPI to another BPI account. It is this reason we have done enormous research and have come out with the best way to transfer money from BPI to BPI account online.
How to Transfer BPI to BPI
Follow the steps below to transfer money from BPI to other BPI account online
- Log in to your BPI account online or via the BPI mobile app
- On your dashboard, click on the "Transfer Money"
- Fill in the details and select "Transfer to 3rd party"
- Enter the recipient's bank account details
- Confirm the details of your transaction and proceed to click on the "Confirm"
- Finally, enter your One Time Password or OTP to authorize the transfer
- Once you have entered your OTP, click on "Submit"
- Congrats! You have transferred money from BPI to another BPI account online
Note that transfer or transaction fee of Php10 will be deducted from your account. The good news is that you can still transfer money from BPI to another BPI account without fees. We will look at it later in this article.
How transfer BPI to BPI account for free?
The only way to transfer money from BPI to another BPI account for free is through the QR code or to an enrolled account. Below are the steps to transfer money from BPI to BPI account for free via the QR code:
- Log in to your BPI mobile app or BPI account online
- Select on "Transfer Money" on your BPI dashboard
- Enter all the details and select "Transfer to 3rd party"
- Confirm your transaction details and tap on the "Confirm"
- Enter your One Time Password (OTP) or mobile key and select "Submit"
After submitting your transaction, your money should be deposited into the receiver's account for free.
How to enroll BPI account to make transfer money for free
Another means to transfer money from BPI to another BPI account for free is by enrolling your account. Follow the steps below to enroll your BPI account:
- Log in to your BPI account online or via the app
- Navigate to "Other Services"
- Click "Manage Recipients"
- Click on "Add new recipient"
- Select "Other person's account"
- Enter all the details and proceed to click on "Next"
After following the instructions above, print, sign and submit the form to this email address onlinebanking-enrollment@bpi.com.ph
FAQs
Answers to some of the most asked questions about BPI bank transfer
Can I transfer BPI to another BPI account?
Yes, you can transfer BPI to another BPI account online. All you need is to log in to your BPI app, navigate to "Transfer" and follow the instructions to transfer money from BPI to another BPI account.
How do I transfer money from BPI to BPI account for free?
There are two ways to transfer money from one BPI to another account for free. These are QR code method and enrolling your BPI account online.
Conclusion
By following the steps listed above, you should be able to transfer bpi to bpi account online without or without fee. It is important to note that transferring money from BPI to another BPI account requires a fee. However, you can transfer BPI to BPI for free by using either the QR code method or enrollment method.
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