Philippine Banks in the USA — Are There Only Two?

Updated March 31, 2019

Yes, there are only two Philippine banks in the USA licensed to operate as banks in the US.

The other Philippine banks you might have encountered in the US are operating as remittance service providers, money transfer operators, or remittance partners.
We found that Philippine National Bank and Metrobank are the only Philippine banks licensed to offer banking services in the USA. They’re operating as US branches of the Philippine-based banks  Metrobank and PNB.

METROBANK NEW YORK Branch
10 East 53rd Street
New York, New York 10022

Phone: 1 (212) 832-0855
Toll free: 1 (800) 863-8762
Fax: 1 (212) 832-0993
Email: customerservice@metrobankny.com
Business Hours:
Mondays to Fridays — 9am to 5pm
Saturdays — 10am to 1pm (for remittances only)
Website: www.metrobankny.com

PHILIPPINE NATIONAL BANK NEW YORK Branch (Manhattan)

561 7th Ave. 2nd Floor
New York, NY 10018
Phone: (212) 790-9600
Email: newyork@pnb.com.ph
Business Hours: Monday to Friday — 9am to 3pm

PNB New York Branch is licensed by the New York State Banking Department and also regulated by the Federal Reserve Bank of New York and the Bangko Sentral ng Pilipinas.
It is not a member of the FDIC.

PHILIPPINE NATIONAL BANK Los Angeles Branch
316 W. 2nd Street, Ste. 700
Los Angeles, CA 90012
(Bounded by Broadway & Hill Streets)

There are USA-operating remittance service companies owned by Philippine banks.

BDO Remit (USA) Inc.
BPI Express Remittance Corporation
Metro Remittance Center Inc. (U.S.A.)
Metro Remittance Center (California) Inc.
MB Remittance Center (Hawaii) Ltd.
PNB Remittance Centers Inc. (PNBRCI) — at least 46 PNBRCI branches in the US
RCBC North America

International Money Transfer Operators that Send Money from the USA to the Philippines

. Moneygram
. Western Union
. Xoom
. Transferwise
. Remitly
. World Remit
. RIA
. Xpress Money
. Sigue Money Transfer (BDO, LBC, MLhuillier and Cebuana Lhuillier)
. Uniteller
. Transfast / New York Bay Remittance
. Small World
. Walmart2World Money Transfers (Powered by Moneygram)
. Pangea Money Transfer (download the Pangea Mobile App)

Filipino-Owned or Filipino-American Owned Money Transfer Companies that Send Money to the Philippines from the USA

. I-Remit Inc.
. Lucky Money Inc. (LMI Express)
. LBC Express
. Johnny Air Cargo Padala (their website does not mention money transfer,
but Johnny Air Cargo is in the World Bank Remittance price comparison
chart for US-Philippines money transfers)

US Bank-Owned Money Transfer Service

. Wells Fargo Express Send (through BDO, BPI, PNB, Cebuana Lhuillier and MLhuillier)
. Citibank Global Funds Transfer (Free transfers for account owners of Citibank Philippines)

Related posts:

List of Philippine Banks Abroad

Open a Philippine Bank Account While Abroad