Do I need to enroll my beneficiary accounts before I can transfer funds? Why? Yes, you have to enroll your beneficiary Bank of Commerce accounts. Please note that the bank needs to activate the beneficiary account enrollments before you can transfer funds to these accounts. Can I transfer funds between my personal Bank of Commerce account and a corporate Bank of Commerce account using bCommerce Retail Internet Banking? Yes, you can add a corporate account as a third party beneficiary. Would a beneficiary account see my account details, upon enrollment of his/her account as my beneficiary? Your account cannot be viewed or accessed by the other party. Are fund transfers done in real time? Yes, fund transfers are done in real time. In addition you may opt to schedule (post-dated and recurring) fixed amount transfers. Can I do fund transfer to other non-Bank of Commerce accounts? Currently fund transfers can only be done between Bank of Commerce accounts. How much fund transfer is allowed in bCommerce Internet Banking? You are allowed to transfer funds up to a maximum amount of PhP 5,000,000.00 How many fund transfer / bills payment transactions can I do per day? There is no daily limit for fund transfer and bills payment transaction. Will there be a three-day clearing period if I transferred funds online? There is no clearing period as funds are transferred real time. Can I transfer my peso account to other currencies and vice versa? What exchange rate is to be used? This feature is currently not available in bCommerce Retail Internet Banking facility. Can I transfer my Euro or USD to another Euro/USD account? This feature is currently not available in bCommerce Retail Internet Banking facility. Can I use my OTHER currency account to pay for my bills? What exchange rate is to be used? This feature is currently not available in bCommerce Retail Internet Banking facility.