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How do I check BDO currency exchange rate?

You can check the latest exchange rate and complete the transaction at a BDO branch or through BDO’s online banking platform. It’s recommended to check with the bank for the exact details and requirements for the foreign currency exchange service. What is BDO bank in the Philippines? BDO Unibank, Inc. is a Philippine-based universal bank.

Is Banco de Oro a good bank?

Banco de Oro (BDO) Unibank is a popular Filipino bank that's headquartered in Manila. The bank offers international money transfers as one of many financial services. However, if you're interested in saving on transfers to the Philippines, BDO's exchange rates and fees — while better than many banks out there — remain on the expensive side.

What currencies does BDO offer?

The bank provides competitive exchange rates for major currencies, including the US dollar, Euro, British pound, and Japanese yen. BDO’s currency exchange services are available both for individuals and businesses, ensuring convenient access to foreign currencies for various purposes such as travel, remittances, and international trade.

What are BDO's exchange rate margins?

BDO's exchange rate margins — the profit that the bank makes when charging its own exchange rate on currency transfers — are relatively low for sending from the US dollar to the Philippine peso, usually around 0.8% of the total transfer amount, a rate that's on par with lower-cost providers out there.

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