Dreamchaser21
* (1 Star)
Philippine Peso - Banco De Oro (Savings Account)
Banco De Oro is considered as the biggest bank in the Philippines where you can put your money and let your money be used for the business of the bank, but make sure that you actively monitor your account or else you will also experience this thing. (See Photos Below) - ctto.
This is a so called Dormant Account where you put money in a bank but being inactive for almost two years. This is an example of a poor banking system that we have here in the Philippines. They are forcing you to be an active account holder so they can have more money to support for their business.
The service charge is very high if you hit the below maintaining balance that banks has set to you. Now because of this, your hard earn money will be gone forever because of this system.
Banco De Oro also have a poor service quality, you have to stand and fall in line while waiting for you to be called by their Teller (a punishment for patronizing the bank), just to withdraw/deposit money to your account. I don't think this kind of service deserve your money considering the very small interest rate that you will receive for lending your money to the bank.
If you are planning to save money in a bank just to earn .10% per annum, you'd better to think again.
Ps: Is this kind of format right? Please let me know. Goodluck Everyone!
