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How to Close Your BDO Bank Account?

It's very important to close your BDO bank account especially if your BDO passbook or ATM has been stolen or lost.


In order to avoid unauthorized access or unauthorized withdrawals of your money.

Here are two (2) options in closing your BDO bank account:
How to Close BDO Bank Account?

Option 1

For urgent or emergency situations, call BDO Customer Service immediately. And request for blocking of your bank account. This will not close your bank account. Rather, it will stop any unauthorized access or unauthorized withdrawals of your bank account. The unauthorized person who holds your ATM or Passbook cannot withdraw, transfer money or do any transactions of your bank account. To close your bank account, you must go to a BDO branch, bring your VALID ID (government-issued ID) and request for closure of your bank account.

Option 2

Another option is to withdraw all the money from your BDO bank account. If you don't do any transactions (withdraw, deposit, transfer money, pay bills, etc.) with your BDO bank account for two years, it will automatically closed. A BDO bank account without transaction for two years will be considered dormant. You have to pay the below maintaining balance penalty and you will be charged a dormancy service fee in case you want to re-activate your dormant bank account. So, it's better not to use it or not to reactivate it.

Note: You can still open a new BDO bank account in another BDO branch if you want. There are still many banks out there who are willing to render their service to you.

Do you want to close your BDO bank account? You can tell us the reason in the comment below.

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"How to Close Your BDO Bank Account?" was written by under the Banking category. It has been read 8269 times and generated 3 comments. The article was created on and updated on 18 March 2018.
Total comments : 3
JANN   (11 August 2020 4:50 PM) [Entry]

Hi, need help here. I opened my bdo account (passbook) twas around dec 2017 and unfortunately had withdraw all that was there. Now its 2020 and I haven't had any activity since I last withdraw by may 2018. I want to close my account but Ive read that i need to pay 10k min bal and the dormant fee. I know I cannot pay that amount since Im still a student. How may I address this problem? Am I liable to pay penalties after 2 yrs of inactivity?

Deannafe Joy Sierra   (04 August 2019 5:16 PM) [Entry]

I want to close my account because I dont have enough money to have a depositing transaction. And Im afraid it will reach the point that it will be announcrd DORMANT. i maybe open an ATM instead.

wilmar lacuanan   (06 September 2018 8:38 AM) [Entry]

i want to close my another bank account.. i have two bank account in bdo..thats why i want to close my 1 account.. what should i do so i can close it without going to any branch of bdo