US Banks in the Philippines

There are 3 US banks in the Philippines. All 3 are commercial banks and operating as overseas branches of the US banks.

  1. Citibank, N.A.
  2. Bank of America, N.A.
  3. JP Morgan Chase Bank, N.A.

Of these 3 US banks, it’s only CITIBANK that offers consumer banking in the Philippines.
It has 3 branches: Makati City, San Juan City, and Cebu City

5 ATM locations in Makati
2  in Mandaluyong
2  in Muntinlupa
2  in Taguig
3  in Pasay City
1  in Quezon City
1  in San Juan City
1  in Cebu City

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Maximum Limit per Day for ATM Withdrawals by Citibank Account Owners:

  • At non-Citibank ATMs: 40,000 pesos
  • At Citibank ATMs:
       3,000 US dollars or its peso equivalent
      (minus amount already withdrawn at non-Citibank ATMs)
  • Call 995 9999 anytime if you need to withdraw more at a non-Citibank ATM
  • Free Withdrawal at any ATM
  • Withdrawal of US dollars:
  • If you have a Philippine-based Citibank US dollar account, you can withdraw US dollars from any Citibank ATM, except the ones at the US Embassy.

Location of the main office of Citibank:
9th Floor, Citibank Tower
8741 Paseo de Roxas St.
Makati City 1226

Phone: 894-7700
Fax: 894-7703

See here Citibank branch and ATM locations

The other two US banks — Bank of America and JP Morgan Chase Bank — cater only to corporations, government agencies and other institutions. They do not have ATMs.

Bank of America, N.A. 
27th Floor, Philamlife Tower
8767 Paseo de Roxas, Makati City 1226
Trunkline: 815-5000 / 815-5600

Fax: 815-5582

JP Morgan Chase Bank, N.A. 
31st Floor, Philamlife Tower

8767 Paseo de Roxas, Makati City 1229
Phone: 885-7925

Fax: 885-7924

Banking information for foreign travelers to the Philippines or those planning to stay here:

  • You can use your US-issued debit cards in most ATMs in the Philippines.
  • At many ATMs, maximum limit per withdrawal is 10,000 pesos. Maximum limit per day is 20,000 pesos.
    In other ATMs, maximum limit per withdrawal is 4,000 or 5,000 pesos.
  • ATM withdrawal fee is 200 to 250 pesos per withdrawal.
  • International payment networks honored here (debit and credit cards):
    1. Mastercard/Maestro/Cirrus
    2. Visa/Plus
    3. American Express
    4. UnionPay
    5. KTCP
    6. NYCE
  • Bring more than one type/brand of card so you have backup cards
  • When traveling to the provinces, bring enough cash in pesos. Credit cards are not accepted in many provincial areas.
  • US-issued cheques need around one month to clear here. In addition, you need to have a US dollar account here to which you can deposit your US cheque.
  • For US pensioners planning to retire here:
    Here are Direct Deposit account options that you can consider.
  • Are foreigners allowed to open a bank account here in the Philippines?
    Yes. Present your passport and ACR-ICard. You will fill up an application form that asks personal information, including your residential address in the Philippines.
    If you have a work permit or student registration card, bring them, in case these are required. Expect some banks to be stricter in their requirements than others.
  • Do you live in Los Angeles or New York City?
    There are Philippine banks there: Metrobank and Philippine National Bank
  • You can send money online from your US bank account or using your US debit or credit card to your Philippine bank account through these online money transfer companies:
    2. Transferwise


  1. Benjamin C. Shapiro 06/04/2018
  2. Jims linda 10/01/2018

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