How to withdraw cash using your bdo kabayan peso saving account in Hongkong

Описание: You can withdraw cash from your BDO Kabayan Peso Savings account in Hong Kong using your Kabayan ATM debit card at any ATM that accepts Mastercard, Visa, or BancNet international transactions. Look for ATMs at Hong Kong International Airport or major banks across the city.

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Step-by-Step Guide to Withdrawing Cash in Hong Kong

1. Check Your Card Type

• Your BDO Kabayan Savings account comes with an ATM debit card.
• Ensure your card has the Mastercard or Visa logo—this allows international withdrawals.

2. Locate an ATM

• Hong Kong International Airport (HKIA): ATMs are available in the Arrival Hall and Departure areas.
• Citywide: Most major banks (HSBC, Standard Chartered, Bank of China, Hang Seng) have ATMs that accept international cards.

3. Perform the Withdrawal

• Insert your BDO Kabayan ATM card.
• Select “Withdraw” and choose Savings Account.
• Enter the amount in Hong Kong Dollars (HKD).
• The ATM will dispense cash in HKD, and the equivalent amount will be deducted from your peso account.

4. Fees and Conversion

• BDO charges an international withdrawal fee (usually around PHP 150 per transaction).
• Currency conversion fees apply since you are withdrawing in HKD from a peso account.
• The exchange rate is determined by Mastercard/Visa at the time of transaction.

5. Daily Limits

• Standard withdrawal limit: PHP 10,000–50,000 per day depending on your card settings.
• You may need to adjust your withdrawal limit via BDO Online Banking or Mobile App before traveling.

Important Tips

• Enable international use: Before traveling, inform BDO that you’ll use your card abroad to avoid possible blocking.
• Check balance online: Use BDO Online Banking or the BDO Mobile App to monitor your account.
• Cash Agad option: If you’re in the Philippines, Kabayan Savings also allows withdrawals at partner stores, but in Hong Kong you must use ATMs.
• Security: Always shield your PIN and avoid standalone ATMs in less secure areas.

Risks & Considerations

• ATM fees in Hong Kong: Local banks may charge an additional fee (HKD 20–40).
• Exchange rate fluctuations: Your peso balance will be converted to HKD at prevailing rates, which may vary daily.
• Card blocking risk: If BDO suspects unusual activity, your card may be temporarily blocked. Always notify them before traveling.

In short: Bring your BDO Kabayan ATM card, find an ATM in Hong Kong that accepts international cards, withdraw in HKD, and expect conversion plus withdrawal fees. Investgui... +2