Tuesday 8 April 2014

MONEY MATTERS : HOW TO FUND YOUR COL ACCOUNT VIA BDO ONLINE BANKING?



Okay, so it turned out that this post is a bit more timely since there's a newly listed stock that in the PSE called Double Dragon, "DoubleDragon (stock code: DD), a joint venture of Jollibee Foods Corp owner Tony Tan Caktiong and businessman Edgar Sia II's Injap Investments Inc, raised P1.16 billion ($25.8 million) in the country's first initial public offering (IPO) of 2014." Source: HERE. Knowing how good JFC's stocks are, I would be more than glad to be part of their recent venture. 

However, I do not usually store fund balance in my COL Account, hence I need to transfer some money to finance my acquisition of DD. For more info on how to open an online stock account at COL, steps can be viewed HERE. Here's a round up of 4-easysteps on how to fund your COL Balance:




1. Enroll COL Financial Group Inc. on your online bank account. Upon enrollment, you need to indicate your COL Number so that the bank would know where to credit your funds.
2. Go To Financial Services > Pay Bills. IMPORTANT: Do NOT do Fund Transfers. Opt for the Pay Bill option for the reason stated in point 1.
3. Once done, select the Company and the desired amount you wish to transfer.
4. Click on Continue.
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For BDO clients, it would take an overnight for the transfer to reflect on your COL Account. That's it really! :) Have you thought about saving investing for your next travel, house or your future, in general? -CMK

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