BDO Unibank

Free Withdrawals at 7-Eleven, Unmatched Branch Presence, and Questionable Digital Practices

Overview

BDO is the most used bank by local businesses in the Philippines, and it offers one major convenience: free withdrawals at all 7-Eleven ATMs using a BDO card.

It has a dominant physical presence, with hundreds of branches across the country. Many companies—even reputable ones—pay their employees through BDO. If you're employed in the Philippines, chances are you’ll eventually be forced to open an account there.

The Reality Check

Our Recommendation

In the interest of transparency: we do not recommend this bank for foreigners, digital nomads, or short- to mid-term visitors in the Philippines. BDO remains useful only when:

Otherwise, consider it the Plan D of your financial strategy in the Philippines.

Pick Another Place