Philippine Banks Swift Codes

SWIFT is an acronym for the Society for Worldwide Interbank Financial Transactions. Swift codes are necessary to facilitate bank to bank transfers from different countries. This listing may be useful for those sending money to their relatives back in the Philippines.


Allied Banking Corporation – ABCMPHMM

American Express Bank Philippines – AMEXPHMM

Banco de Oro Universal Bank – BNORPHMM

Bank of China (Manila Branch) – BKCHPHMM

Bank of Commerce – PABIPHMM

Bank of the Philippine Islands – BOPIPHMM

Philippine Banks Routing Numbers

Bank routing numbers, also called Routing Transit Numbers, are used for identifying a particular bank account. They are the nine digit set of numbers that can be seen at the bottom portion of the check, usually preceding the account number. The routing transit numbers help in sorting the checks issued by the customers, before they are sent back to the issuing bank.


ALLIED BANKING CORP - 010320013

AUSTRALIA NEW ZEALAND - 010700015

ASIA UNITED BANK - 011020011

BANGKO SENTRAL NG PILIPINAS (BSP) - 010030015

Only BDO Cash Cards/Prepaid Cards Will Have 2 Pesos ATM Withdrawal Charges

According to BDO, the 2 pesos charge will be imposed only to withdrawals made using debit cards or pre-paid cards, which shall start on September 1 (Saturday).  Earlier reports circulated around the Internet regarding the additional withdrawal fee for ATM withdrawals, which caused a buzz on various social networking sites.

This was clarified by Jaime Nasol, BDO Cash Management Services Head. In a statement released by BDO-Unibank, he clarified, "The 2 pesos fee will only be effective on withdrawals of clients using cash cards (or BDO Prepaid cards), similar to what other industry players are implementing. This is to partialy recover our cost on cash handling. BDO account holders are not affected by this development."


This is good news for BDO depositors. Now they are assured that the withdrawal fees are limited only to cash cards/ prepaid cards.

If you want to open a BDO account, head to their official website here.

BDO Starts Charging 2 Pesos Per ATM Withdrawal

By September 1 (Saturday), Banco de Oro (BDO-Unibank) will start charging their depositors 2 pesos for each withdrawal made. This is really going to cause an outrage among its depositor base. Will other banks follow suit? I hope this will not become the new trend in the banking industry.

Currently, BDO is charging 2 pesos for balance inquiries made on other banks' ATM and 11 pesos for withdrawals. Additionally, over-the-counter withdrawals for ATM-based accounts (passbook-less) are charged 100 pesos. Pretty hefty sum, if you ask me. With this kind of setup, it seems that you have two options: pay 2 pesos for ATM withdrawals or 100 pesos if over-the-counter. Depositors don't have much of a choice then; this is a very clear "lose-lose" situation for ATM account holders.


UPDATE:

BDO denied this claim and issued a statement to clarify the matter. Click here to read about it.

Here is the link for the previous news.