Tag: representative offices in Philippines

Wells Fargo Bank Philippines

There’s a Wells Fargo Bank Philippines, but it’s not operating as a regular bank. It does not do banking transactions like accepting deposits, granting loans or making foreign exchanges. It’s a representative bank, doing only promotions and marketing work for the US-based Wells Fargo Bank. Wells Fargo Bank, N.A. 15th Floor Tower 1, Enterprise Center […]

List of Foreign Banks’ Representative Offices in the Philippines

Updated March 20, 2019 The function of foreign banks’ Representative Offices is to promote and provide information about the products and services offered by the foreign banks to the public. Affiliates’ products and services are excluded. They DO NOT accept deposits, do not issue letters of credit, and do not engage in foreign exchange trading. […]