Some things are better kept online—like your money! Is it really a game-changer? Step 1. It’s transparent. Confirm fund transfer by pressing OK: 5. All information in this website is for informational and educational purposes and should not be construed as a tailor-fitted financial advice. All rights reserved. Ten to 15 pesos will be charged for consecutive withdrawals. EastWest Mobile is a banking app designed for customers enrolled in EastWest Online Banking, so they can conveniently access their accounts - whether Savings, Checking, or Credit Cards - on mobile devices. Even cash withdrawals are allowed at all VISA affiliated ATMs across the globe, subject to applicable fees and charges of the host bank and/or network. Download Komo by EastWest and enjoy it on your iPhone, iPad and iPod touch. Suppose you like your deposit to be part of the day’s interest computation. I just wish that Komo adds offline deposit options like in 7-Eleven or Bayad Centers, the same with CIMB. However, it has features that sound promising and may go head-to-head with those from popular digital banks. i am panic-ing. I opened my Komo account on October 31, 2020, and I got my card on November 12. This marks the countdown to a product launch sometime in Q3 2020, according to EastWest. Call Customer Service Hotline (+632) 8888-1700, Mondays to Sundays, including Holidays, from 6AM to 11PM Email us at service@eastwestbanker.com . Your money is held in their wholly-owned subsidiary Eastwest Rural Bank. Perhaps the wait time is shorter if you are in the National Capital Region or Greater Luzon Area. Foreign banks CIMB and ING Bank have also rolled out digital banking platforms in the Philippines. Best Savings Accounts for Your Emergency Fund, Complete Guide to a Checking Account in the Philippines, Personal Equity and Retirement Account (PERA), GCash Insurance: Get Insured For As Low As Php 39. These are Komo by EastWest Bank, Overseas Filipino Bank (OFBank) by Landbank, and TONIK Digital bank. how to change registered mobile number in eastwest bank . It was created by Eastwest Bank—a bank that consistently ranks in the top three in profitability. However, it is already a good service in itself. The reason for that is because, as of the time of writing, the only option to make a deposit to your Komo account is by transferring money from your EastWest bank account or from your other bank accounts. Seriously my prediction is that EastWest Bank can Quadruple or higher Filinvest income once Komo goes live. Currently, the only way to fund your account is through Instapay or Pesonet transfer from your other bank accounts. ... Komo By EastWest – An Essential Guide. Image credit: EastWest. Cash in to your GCash wallet in real-time using InstaPay on your bank's app. So let’s talk about this new digital banking service and see if this is for you too. We may receive compensation or commission in some of the products and/or services we mentioned. UnionBank’s EON, RCBC’s DiskarTech, Eastwest Bank’s Komo and Landbank’s OF (Overseas Filipino) Bank all count as digital banks operated by local banks. Cash-out options – CIMB provides several cash-out options such as: Cash-out on participating Bayad Centers in Metro Manila, Davao, and Cebu. SEATTLE -- A 24-year-old man has been arrested after Seattle Police found about 16,000 pills laced with fentanyl and $10,000 in cash Wednesday. Although cash-in and deposits from partner locations are free across the three types of accounts in CIMB, the Fast Plus and Fast Accounts allow users to withdraw from over 20,000+ Bancnet-affiliated ATMs nationwide. East West Banking Corporation (EastWest) announces its newest venture in the digital race with Komo---a fully digital bank. Only at Komo! Unlike my GCash, CIMB, and DiskarTech accounts, there is no cash-in/deposit button on the screen of Komo which got me confused at first. We offer a savings account with 3% interest per annum, a VISA debit card that gives you free withdrawals, secure bills payment, and free funds transfer services which are all accessible through the Komo app on your mobile phone. We offer a savings account with 3% interest per annum, a VISA debit card that gives you free withdrawals, secure bills payment, and free funds transfer services which are all accessible through the Komo app on your mobile phone. but then i checked my bpi online account, and found i was deducted. The information will be used by financial institutions and credit reporting agencies authorized by the CIC in evaluating the creditworthiness of prospective and existing customers. Antonio Moncupa, EastWest Chief Executive Officer, said, “Komo combines the best of two worlds: the convenience of modern digital banking backed by the security of a strong brick-and-mortar bank like EastWest.” The pullers of Bank’s Komo project believe that EastWest would help in the acceleration of digital banking adoption in the country. 2) Enable deposit or Cash in from 711 Cliqq Kiosk, Ministop, Lawson and Family Mart 3) Enable Bar Code generator for deposit via 711, Ministop, Lawson and Family Mart. After withdrawing money from a non-Eastwest ATM, you will notice that you were charged a fee despite it being within the free-first-four withdrawal.