Another Reason to Love BPI's UITF - Part 2

This is a continuation of my post regarding online subscription and redemption of my UITF under BPI. You can read  Part 1 here.

I was not able to use all the funds that I withdrew last week. Being a responsible adult (haha!), I decided to return it to my emergency fund rather than buy something that I'll later regret. I went to my BPI branch and deposited the excess (oh, by the way, those Express Deposit Machines are the best! I don't know why few people are using it.) After which, I added the freshly deposited funds to my existing UITF though online banking. Also, I decided to enroll in their Regular Subscription Plan because I want to return the full amount that I "borrowed" from my emergency fund. Their RSP is an Auto Debit Arrangement wherein a certain amount will be deducted in my savings account and will be added to my investment fund.

Another Reason to Love BPI's UITF - Part 1

For me, going to the bank is such a chore. That's why, I always find ways to automate almost everything. Just last week, I discovered that I can subscribe and redeem my Premium Bond Fund though BPI Express Online. I love it! And I know you'll love it too!

The Comfort that is Online Banking

I hate long lines even though I've mastered falling in line since 1999 (I studied in UP where there are lines everywhere.) Patience may be a virtue, but long lines are just a waste of time when you can do other things, such as eating, sleeping, working out, reading. Though you can do all those things while lining up (working out? Hell yeah! Try standing on one foot), you have to be mindful of some people who try to sneak their way ahead of you.

With traditional banking, there's no need not to worry about sneaky people (I think they are more behave inside banks), however, I always need to fall in line (paydays are hell!) Sometimes, I have to sacrifice my lunchtime since that's the only free time that I have (closing time for most banks is 5 pm, except for BDO branches which have an extended time until 6pm.) In some cases, there are fewer tellers during lunch, which adds to longer waiting time. And for security reasons, you can't use your cellphone, even if all you want to do is to play Temple Run to pass time.

Hence, I fell in love with online banking.