You need a Swift code if you use a wire transfer to transfer money from one bank to another bank, particularly for international money transfers.
A Swift code is a unique identifier code for any bank in the world that conducts wire transfers.
Swift code is also known as BIC or Bank Identifier Code.
|Savings Bank||Swift Code|
|1st Valley Bank||VADVPHM1|
|Banco De Oro Savings Bank||ORSIPHM1|
|Bank of Makati||MKRUPHM1|
|Bank One Savings and Trust||ONSTPHM1|
|BPI Direct Savings Bank||BPDIPHM1|
|BPI Family Savings Bank||BPFSPHM1*|
|BPI Globe Banko||BPGOPHM1|
|Century Savings Bank||CESNPHM1|
|China Bank Savings||CHSVPHM1|
|City Savings Bank||CIVAPHM1|
|Citystate Savings Bank||CIVVPHM1|
|(formerly Country Rural|
|Dumaguete City Development Bank||DCDEPHM1|
|Equicom Savings Bank||EQSNPHM1|
|First Consolidated Bank||FIOOPHMM|
|HSBC Savings Bank||HBPHPHMM|
|Legazpi Savings Bank||LESIPHM1|
|Luzon Development Bank||LUDVPHM1|
|Malayan Bank Savings|
|& Mortgage Bank||MAARPHM1|
|Merchants Savings and|
|Savings Bank (MaxBank)||MIMVPHM1|
|Optimum Development Bank||OPDVPHM1|
|Pacific Ace Savings Bank||PASVPHM1|
|The Palawan Bank|
|(Palawan Development Bank)||PAPDPHM1|
|Penbank, a Private Development|
|Bank, formerly Peninsula Rural Bank)||PEPDPHM1|
|Philippine Business Bank||PPBUPHMM|
|Philippine Postal Savings Bank||PHSVPHM1|
|Philippine Resources Savings||PRVRPHM1|
|Philippine Savings Bank||PHSBPHMM|
|Planters Development Bank||PLDEPHM1|
|Producers Savings Bank||PSCOPHM1|
|Queen City Development Bank||QCDFPHM1|
|RCBC Savings Bank||RCSAPHM1|
|Sterling Bank of Asia||STLAPH21|
|Sun Savings Bank||SUSVPHM1|
|TongYang Savings Bank||TYBKPHMM|
|UCPB Savings Bank||UCSVPHM1|
|United Overseas Bank|
|World Partners Bank||WOPAPHM1|
. Most banks in the Philippines use one Swift code for all their branches within the country.
. BPI’s website says that you can also use BPI’s Swift code BOPIPHMM to send to a BPI Family account.
What information do you need to make a wire transfer?
– Your beneficiary’s account name, bank name, account no., and branch
– Your name and contact info
– The bank might also ask for your IDs.
What does SWIFT stands for?
SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunication, the entity based in Belgium that maintains the Swift code for more than 11,000 banks and other financial institutions around the world.
What is a Routing No.?
In the Philippines, a Routing No. is usually used for routing cheques. It’s the number on the top right corner of the cheque. It’s R/T No. It’s the code of the branch issuing the cheque.
In the U.S., a Routing No. is also used on cheques or other negotiable instruments. It’s a 9-digit number on the bottom left corner of the cheque. It indicates the location of the issuing bank. It’s sometimes called ABA routing no. or routing transit number or RTN.