Recurring Payment Incentive Program

By submitting Post‑Dated Checks (PDC) or enrolling in the Automatic Debit Arrangement (ADA) or Auto-Charge Arrangement (ACA), the buyer agree to the following Terms:

1. The buyer must consistently use only the enrolled PDC, ADA or ACA as the official mode of payment. Payments made using alternative payment channels—including but not limited to cash, online transfer, bank deposit, or e-wallet—will result in non‑compliance and potential forfeiture of eligibility for related privileges or programs.


2. The buyer must complete twelve (12) consecutive monthly Down Payments (DP) using only PDC, ADA or ACA.


3. The buyer must maintain account in good standing, that is, no missed, late, returned, or failed payments, including the absence of dishonored checks or failed ADA debits. Any late, skipped, failed, or returned payment throughout the whole PDC/ADA/ACA term will result in disqualification from the program.


4. The rebate is released at the end of the following month after confirmation and completion of every 12 consecutive successful DP payment or after the final payment if fewer than 12 months remain.


5. Rebates are issued via check payable to the primary buyer.
   
   
   
   • ADA accounts: released to the enrolled bank account (no Bank Information Form needed).
   
   
   • PDC/ACA accounts: released to the designated bank account (Bank Information Form required).
   
   
   
   


6. The buyer is responsible to keep their preferred depository bank account active and updated, and to notify SMDC of any modifications.


7. SMDC may change these Terms at any time and such updates shall take effect once officially communicated.

1. Log in to SMDC Account Manager (SAM).


2. Click “Payment”


3. Agree to the Terms and Conditions.


4. Click “Recurring”, then select “BDO ADA”.


5. Review the payment details and click Proceed.


6. You will be redirected to BDO microsite, fill out the ff.
   
   
   
   • Select the biller/company
   
   
   • Enter your 11-digit CIN
   
   
   • Input the buyer’s name
   
   
   • Click Submit then Proceed
   
   
   
   


7. You will be redirected to BDO Online Banking to login and nominate a bank account.
   
   
   
   • Choose a bank account
   
   
   • Agree to the Terms and Conditions
   
   
   • Click Confirm
   
   
   
   


8. Save the confirmation page for future reference.


9. An email confirmation will be sent to your registered e-mail address from SMDC.

1. Go to BPI’s e-ADA Enrollment link at BPI e-ADA (https://bpi-ada.com/).


2. Search for and select the company name from the options below.




• SM Development Corporation


• SM Prime Holdings Inc.


• Vancouver Lands, Inc.


• Signatures Development Corporation.




3. Read and Agree to the Terms and Conditions.


4. Enter your 11-digit CIN


5. Enter the username and password in the BPI Authentication page.


6. Select the preferred BPI bank account you want to enroll.


7. Enter the OTP sent you your bank-registered mobile number.


8. Confirmation screen will be show. Keep a copy on file for further reference.

1. Download the enrollment form from your preferred bank link below, then fill out the ADA Form. Ensure all required fields are fully completed, and the Terms and Conditions are originally signed by the account holder.




• Chinabank ADA Form


• Security Bank ADA Form




2. Submit the completed form together with the following supporting documents in a sealed envelope to below address




• Customer Service Department SM Development Corporation G/F Tower A, Two E-Com Center, Ocean Drive, MOA Complex Pasay City

Requirements:

• Proof of Identification (Valid ID):




• Any two (2) valid government IDs with signature




• Proof of Bank Account Number Details (any of the ff. copies):




• Bank Statement


• Validated Transaction Slip


• Passbook showing the account number


• Check with account holder’s name

Registration:

• Download the SMDC Mobile App in App Store or Google Play


• Enter Your Mobile Number


• Create Your Account




• Enter your Complete Name → Email Address → Select country of Residence




• Agree to the Data Privacy Policy and the Terms & Conditions.


• Tap “Continue”

Recurring Enrollment

• For users with an existing account, input your mobile number and PIN to log in.


• Select “Pay Bill”.


• Input the amount of your monthly amortization.


• If you select Down payment, you’ll see an option for Automatic Monthly Payments.


• Click on the slider button next to “Automatic monthly payment”.




• Set the start date a few days prior to your next due date, in accordance with your Schedule of Payment. Note that the start date must not coincide with your enrollment date.


• Input the complete DP term schedule, subject to a minimum duration of 12 months.




• Add your credit/debit card under Add/Other Payment Method.




• A fee will be charged to your card for verification. The charge will be refunded immediately after successful verification.




• Review your unit and payment details, then agree to the Terms and Conditions.


• Click “Pay ₱XX,XXX”


• Enter the Mobile OTP and click Submit to finish.


• Submission of a fully accomplished Bank Information Form (BIF) for the designated bank account where SMDC will credit the rebate.

Registration:

For registration assistance, contact SMDC Customer Service.

Call Us:

• +63 917 555 7632


• +63 917 777 7632

Email Us

inquiries@smdevelopment.com

Recurring Enrollment

• Login to your SMDC Account Manager / Buyer’s Portal.


• Go to the Payment tab.




• Select the correct project and CIN.




• Click Credit/Debit Card.


• Choose Recurring under Payment Options.


• Fill-up the required details:




• Set the start date a few days prior to your next due date, in accordance with your Schedule of Payment. Note that the start date must not coincide with your enrollment date.


• Input the complete DP term schedule, subject to a minimum duration of 12 months.




• Read and accept the Terms and Conditions by ticking the checkbox.


• Fill out the Recurring Payment Enrollment Form.


• Submit the form and enter your card details.




• The enrolled amount will be charged to your credit/debit card for verification. The charge will be refunded immediately after successful verification.




• A Success notification with Subscription Reference No and details of Recurring payment will be visible upon clicking Submit Button.


• Submission of a fully accomplished Bank Information Form (BIF) for the designated bank account where SMDC will credit the rebate.

Issue Post-Dated Checks (PDCs)according to your Schedule of Payment (SOP)

Ensure that these details are followed in the Check:

• Pay to the order of the Company Name


• Date and Amount of check should match your Schedule of Payment (SOP)


• Amount in words should always match with Amount in figures


• Signature of the account holder must always be present


• 11-digit Contract Information Number (CIN)must be written at the back of the check


• The back portion of the check should have the PCHC required dorsal format


• No alterations or erasures on the check even if countersigned


• Amount in words should be indicated if a check writer is used


• Check and date format should be in accordance with the Philippine Clearing House Corporation (PCHC) approved standard format. (MM-DD-YYYY)

*The CIN is indicated in your Thank You Letter, Statement of Account, Schedule of Payment, etc.*

IMPORTANT NOTE: If the issued PDCs are under the name of another individual, Sole Proprietor, or Corporation, the following documents are required:

• Photocopy of Buyer’s government-issued ID with signature


• Kindly provide the following if the checks are issued by:




• Corporation – Original copy of Notarized Secretary’s Certificate authorizing use of checks


• Sole Proprietor – Original copy of Department of Trade and Industry (DTI) Registration Certificate showing Buyer as the Owner/Sole Proprietor


• Another Individual – Original copy of Authorization Letter authorizing use of his/her checks



Photocopy of Account Holder’s government-issued ID with signature

Submission of a fully accomplished Bank Information Form (BIF) for the designated bank account where SMDC will credit the rebate..