Is there a sequence for reseting a BMW key after charging it in the ignition?

Reseting KeyYes, I've always had to have the dealer's service department reset the key. I believe the dealer has to do it for security reasons.

WRONG!!!

Insert the key into the ignition, turn to position one, within 5 seconds remove key, hold down lock button on key, simultaneously press unlock button 3 times. Doors will lock and unlock and you're done.

How much does a dealer charge you for a 30 second fix?