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This is your comprehensive guide about banks and banking in the Philippines.

The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.


As of 17 October 2017, there were 36 universal and commercial banks, 57 savings banks, 492 rural banks, 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) under the General Banking Act of 2000.

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On top of regular banking services offered by universal, commercial, thrift and rural banks, there are savings and loan associations which are mainly based in communities and among retirees in the armed forces and the police organization and other employees of the government of the Philippines.


Prominent among these small savings services is the Armed Forces and Police Savings and Loan Association, Inc. (AFPSLAI), which is exclusive to active servicemen and retirees of the armed forces in the Philippines.

RELATED: List of Philippine Banks Swift Code/BIC (Meaning & How To Use)


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UNIVERSAL BANKS

Universal banks are financial service conglomerates that combine investment banking, commercial banking, development banking, and insurance to encompass a wider variety of services. They are also authorized to engage in other functions such as merchant banking, mutual funds, factoring, housing finance, and practically all types of functions typical in the banking business.

According to Bangko Sentral, there are 21 universal banks with active operations in the Philippines as of March 2018. These banks are the following:
  • Land Bank of the Philippines
  • Australia and New Zealand Banking Group Limited
  • Deutsche Bank AG
  • ING Bank N.V.
  • Mitzuho Bank, Ltd. – Manila Branch
  • Standard Chartered Bank
  • The Hongkong & Shanghai Banking Corporation
  • Asia United Bank Corporation
  • Rizal Commercial Banking Corporation
  • Security Bank Corporation
  • Union Bank of the Philippines
  • Al-Amanah Islamic Investment Bank of the Philippines
  • Development Bank of the Philippines
  • Bank of the Philippine Islands
  • BDO Unibank, Inc.
  • United Coconut Planters Bank
  • China Banking Corporation
  • East West Banking Corporation
  • Metropolitan Bank and Trust Company
  • Philippine National Bank
  • Philippine Trust Company



COMMERCIAL BANKS

Commercial banks are privately-owned institutions that accept deposits and lend money to projects to earn interest. They also offer personal, business, and mortgage loans, checking account services, and basic financial products like savings accounts and certificate of deposit to individuals and businesses. They are primarily owned by shareholders and are profit-based.

As of March 2018, 22 commercial banks are in operation in the Philippines and they are listed below:
  • Bank of Commerce
  • BDO Private Bank, Inc.
  • Philippine Bank of Communications
  • Philippine Veterans Bank
  • Robinsons Bank Corporation
  • CTBC Bank (Philippines) Corporation
  • Maybank Philippines, Incorporated
  • Bangkok Bank Public Co. Ltd.
  • Bank of America, N.A.
  • Bank of China Limited – Manila Branch
  • Citibank, N.A.
  • JP Morgan Chase Bank, N.A.
  • KEB Hana Bank – Manila Branch
  • Mega International Commercial Bank Co., Ltd.
  • The Bank of Tokyo-Mitsubishi UFJ, Ltd.
  • First Commercial Bank, Ltd., – Manila Branch
  • Cathay United Bank Co., Ltd., – Manila Branch
  • Shinhan Bank – Manila Branch
  • Sumitomo Mitsui Banking Corporation – Manila Branch
  • Industrial Bank of Korea – Manila Branch
  • United Overseas Bank Ltd., – Manila Branch
  • Hua Nan Commercial Bank, Ltd., – Manila Branch



List of Universal and Commercial Banks in the Philippines

Alphabetically arranged:
  • Al-Amanah Islamic Investment Bank of the Philippines*
  • Asia United Bank Corporation (AUB)
  • Australia and New Zealand Banking Group (ANZ)
  • BDO Unibank, Inc. (BDO; largest bank in the Philippines in terms of assets; 243rd largest bank globally)
  • BDO Private Bank (a subsidiary of BDO Unibank, Inc.)
  • Bank of America, N.A.
  • Bank of China - Manila Branch
  • Bank of Commerce (a subsidiary of San Miguel Corporation)
  • Bank of the Philippine Islands (BPI; oldest bank in Southeast Asia)
  • Bangkok Bank Co. Ltd.
  • Cathay United Bank Co. Ltd. - Manila Branch
  • Chang Hwa Commercial Bank LTD - Manila Branch
  • China Banking Corporation (Chinabank)
  • Chinatrust Philippines Commercial Bank Corporation (Chinatrust)
  • CIMB Bank Philippines Inc.
  • Citibank Philippines
  • Development Bank of the Philippines (DBP, secondary government bank)*
  • Deutsche Bank
  • East West Banking Corporation (EastWest Bank)
  • First Commercial Bank Manila
  • Hua Nan Commercial Bank Ltd. Manila
  • Industrial Bank of Korea Manila Branch
  • ING Group N.V.
  • JPMorgan Chase & Co. (JPMorgan Chase)
  • KEB Hana Bank - Manila Branch
  • Land Bank of the Philippines (Landbank; LBP, main government bank)*
  • Maybank Philippines, Inc.
  • Mega International Commercial Bank Co. LTD
  • Metropolitan Bank and Trust Company (Metrobank)
  • Mizuho Bank, Ltd. Manila Branch
  • MUFG Bank, Ltd.
  • Philippine Bank of Communications (PBCom)
  • Philippine National Bank (PNB)
  • Philippine Trust Company (Philtrust Bank)
  • Philippine Veterans Bank (Veterans Bank; PVB)
  • Rizal Commercial Banking Corporation (RCBC)
  • Robinsons Bank Corporation (RBank)
  • Security Bank Corporation (Security Bank)
  • Shinhan Bank - Manila Branch
  • Standard Chartered Bank Philippines
  • Sumitomo Mitsui Banking Corporation Manila Branch
  • The Hongkong and Shanghai Banking Corporation Limited
  • Tonik (bank)
  • Union Bank of the Philippines, Inc. (Unionbank)
  • United Overseas Bank Limited Manila Branch

The forty-five banks listed above are those with the biggest assets in the Philippine banking industry, listed at the BSP website as of June 2022. The largest of these is BDO Unibank and the smallest is Al-Amanah Islamic Bank.



Universal and Commercial Bank Group ranked according to assets (in million of peso as of 30 June 2022): 
  1. BDO UNIBANK INC - ₱3,661,570.82
  2. LAND BANK OF THE PHILIPPINES - ₱2,803,643.64
  3. BANK OF THE PHIL ISLANDS - ₱2,451,097.81
  4. METROPOLITAN BANK & TCO - ₱2,353,735.12
  5. PHIL NATIONAL BANK - ₱1,192,661.70
  6. CHINA BANKING CORP - ₱1,124,083.69
  7. RIZAL COMM'L BANKING CORP - ₱1,030,330.93
  8. DEVELOPMENT BANK OF THE PHIL - ₱971,347.99
  9. SECURITY BANK CORP - ₱796,777.07
  10. UNION BANK OF THE PHILS - ₱769,157.72
  11. EAST WEST BANKING CORP - ₱393,649.43
  12. CITIBANK, N.A. - ₱380,823.02
  13. ASIA UNITED BANK CORPORATION - ₱316,238.04
  14. HONGKONG & SHANGHAI BANKING CORP - ₱208,354.74
  15. BANK OF COMMERCE - ₱207,568.83
  16. ROBINSONS BANK CORPORATION - ₱172,356.27
  17.  PHIL TRUST COMPANY - ₱170,109.26
  18. PHIL BANK OF COMMUNICATIONS - ₱118,498.27
  19. STANDARD CHARTERED BANK - ₱99,915.14
  20. MAYBANK PHILIPPINES INCORPORATED - ₱91,672.44
  21. MUFG BANK, LTD. - ₱88,610.89
  22. MIZUHO BANK LTD - MANILA BRANCH - ₱83,328.02
  23. CTBC BANK (PHILIPPINES) CORP - ₱65,391.51
  24. PHILIPPINE VETERANS BANK - ₱60,067.52
  25. BANK OF CHINA (HONGKONG) LIMITED-MANILA BRANCH - ₱59,627.63
  26. JP MORGAN CHASE BANK NATIONAL ASSN. - ₱58,944.11
  27. DEUTSCHE BANK AG - ₱53,222.69
  28. BDO PRIVATE BANK, INC. - ₱45,374.58
  29. SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH - ₱40,064.47 
  30. AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ₱33,065.20
  31. ING BANK N.V. - ₱30,028.53
  32. BANK OF AMERICA N.A. - ₱27,448.92
  33. CIMB BANK PHILIPPINES INC - ₱24,369.26
  34. KEB HANA BANK - MANILA BRANCH - ₱20,151.98
  35. MEGA INT'L COMM'L BANK CO LTD - ₱13,669.25
  36. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRA - ₱11,810.63
  37. BANGKOK BANK PUBLIC CO LTD - ₱10,691.24
  38. SHINHAN BANK - MANILA BRANCH - ₱9,133.45
  39. INDUSTRIAL BANK OF KOREA MANILA BRANCH - ₱8,952.31
  40. HUA NAN COMMERCIAL BANK LTD MANILA BRANCH - ₱7,226.97
  41. CATHAY UNITED BANK CO LTD - MANILA BRANCH - ₱6,280.55
  42. CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH - ₱5,707.52
  43. UNITED OVERSEAS BANK LIMITED MANILA BRANCH - ₱4,677.33
  44. FIRST COMMERCIAL BANK LTD MANILA BRANCH - ₱3,681.10
  45. AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS - ₱728.69

See other list of banks in the Philippines:

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List of Universal and Commercial Banks in the Philippines (with total assets as of 2022)


Maybank Philippines, a subsidiary of Malaysia's largest financial services group, Malayan Banking Berhad (Maybank), has become a cornerstone of financial stability and empowerment in the Philippines.



With a steadfast commitment to providing top-notch banking solutions, Maybank Philippines has established itself as a trusted partner for individuals, businesses, and communities alike.

Maybank Head Office in BGC, Taguig

Let's delve into the diverse range of services, the bank's core values, and the impact it has had on the lives of Filipinos.

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A Commitment to Excellence

Maybank Philippines is renowned for its commitment to excellence, emphasizing customer satisfaction, innovation, and community development.

Through its extensive network of branches and ATMs spread across the archipelago, Maybank ensures convenient access to its services, making banking simpler and more accessible for Filipinos.



Maybank Services

Maybank Philippines offers a wide array of services tailored to meet the diverse needs of its customers:


Personal Banking

Maybank provides a comprehensive suite of personal banking solutions, including savings and current accounts, loans, credit cards, and investments. With user-friendly online and mobile banking platforms, customers can manage their finances with ease.


Business Banking

Maybank supports the growth of businesses by offering a range of financial products and services, including business loans, trade financing, cash management solutions, and corporate credit cards. These services empower enterprises to thrive in a competitive market.


Wealth Management

Maybank's wealth management services help individuals grow their wealth and secure their financial future. Through expert advice and tailored investment solutions, customers can make informed decisions about their assets.


Corporate Social Responsibility (CSR)

Maybank Philippines actively engages in various CSR initiatives, focusing on education, community development, and environmental sustainability. By investing in these programs, Maybank contributes significantly to the well-being of local communities.



The Maybank Experience

What sets Maybank Philippines apart is its dedication to providing not just financial services, but an experience centered around trust, reliability, and efficiency. The bank's friendly and knowledgeable staff members ensure that every customer interaction is seamless, making banking a hassle-free and pleasant experience.


Innovation and Technology

Maybank Philippines embraces technological advancements to enhance its services continually. By leveraging cutting-edge digital solutions, the bank ensures that customers have access to convenient and secure banking anytime, anywhere. Mobile apps, online banking platforms, and advanced security measures underscore Maybank's commitment to staying ahead in the digital banking landscape.


A Legacy of Trust

With a legacy spanning several decades, Maybank Philippines has earned the trust and loyalty of millions of Filipinos. The bank's steadfast adherence to ethical practices, transparent policies, and customer-centric approach has solidified its position as a financial institution that Filipinos can rely on.


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Maybank Philippines stands as a beacon of financial stability and progress, empowering individuals and businesses to achieve their goals. Through its unwavering commitment to excellence, innovative solutions, and meaningful community engagements, Maybank continues to enrich the lives of Filipinos, fostering a future where financial aspirations are within everyone's reach.

As it paves the way for a more prosperous Philippines, Maybank Philippines remains an embodiment of trust, integrity, and progress in the country's banking sector.


ACTIVITIES AND TOURS IN MANILA

Maybank Philippines

Headquarters: Unit 6 G/F Maybank Corporate Centre, 7th Ave, Cor 28th St, Taguig
Website: maybank.com.ph
Facebook: Maybank


Maybank Customer Service

For concerns related to banking services such as customer service issues, statement requests, transaction inquiries, etc., please contact their Customer Service Hotline at any of the following: 

Phone: (+632) 8588-3888
Email: mpi.customerservice@maybank.com


If, for any reason, you are not entirely satisfied with the outcome of your concern or how it was handled, you are free to refer the matter to the Financial Consumer Protection Department of the Bangko Sentral ng Pilipinas (BSP) through:

Email: consumeraffairs@bsp.gov.ph
Call: (02) 8708-7087 , (02) 8708-7701 loc 2584

Write: 
The Consumer Empowerment Group
Center for Learning and Inclusion Advocacy
Bangko Sentral ng Pilipinas
5th Floor Multi-Storey Building, BSP Complex
A. Mabini Street Malate, 1004 Manila

Maybank Philippines Inc., fully cooperates with the Bangko Sentral ng Pilipinas. 

Maybank Philippines (Profile and History)


Here's a brief guide for EastWest Bank's company profile, history and products.



EastWest Bank is a prominent financial institution in the Philippines, known for its commitment to providing a wide range of financial products and services to individuals and businesses. Established in 1994, the bank has since grown to become a trusted partner in helping Filipinos achieve their financial goals.

EastWest Bank Headquarters

With a strong focus on customer satisfaction, innovation, and community development, EastWest Bank has earned its reputation as a reliable and customer-centric bank in the Philippines.


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EastWest in Details

EastWest Logo
  • Type: Public
  • Traded as: PSE: EW
  • Industry: Finance
  • Founded: Manila, Philippines (1994)
  • Founder: Andrew Gotianun
  • Headquarters: The Beaufort, 5th Avenue corner 23rd Street, Bonifacio Global City, Taguig, Metro Manila, Philippines
  • Number of locations: 490 stores (including its subsidiaries as of 2022), 584 ATMs (2022)
  • Services: Banking
  • Net income: ₱4.6 billion Increase (2022)
  • Total assets: ₱403.8 billion Increase (2022)
  • Number of employees: 6,664 (as of 2016)
  • Parent: Filinvest Group
  • Subsidiaries:
    • EastWest Rural Bank, Inc.
    • EastWest Ageas Life Insurance Corporation
    • EastWest Insurance Brokerage, Inc.
    • EastWest Leasing and Finance Corporation
    • Quest Marketing and Integrated Services, Inc.
    • Assurance Solutions Insurance Agency
  • Website: www.eastwestbanker.com




EastWest Bank History

The story of EastWest Bank begins in 1994 when it was founded as East West Banking Corporation by a group of entrepreneurs led by Andrew Gotianun, Sr. The bank started as a thrift bank, catering primarily to the needs of small savers and businesses in Metro Manila. Over the years, it steadily expanded its services and reach.

In 1996, EastWest Bank obtained its universal banking license, marking a significant milestone in its growth. This allowed the bank to offer a broader range of financial products and services, including commercial banking, investment banking, asset management, and more.


EastWest Bank's commitment to innovation and customer service has played a pivotal role in its success. The bank introduced various financial innovations, such as online banking and mobile banking, to enhance customer convenience. It also expanded its branch network and ATM presence, making its services easily accessible to customers across the Philippines.

Today, EastWest Bank continues to evolve and adapt to the changing financial landscape, ensuring it remains a competitive and customer-centric institution.



Services Offered by EastWest Bank

EastWest Bank offers a comprehensive suite of financial services to cater to the diverse needs of its customers. These services include:

Retail Banking: EastWest Bank provides a wide range of retail banking products, including savings accounts, checking accounts, time deposits, and certificates of deposit. Customers can manage their accounts conveniently through online and mobile banking platforms.

Loans and Credit: The bank offers various loan products, including personal loans, home loans, auto loans, and credit cards. With flexible terms and competitive interest rates, EastWest Bank assists customers in achieving their financial goals, whether it's buying a home, a car, or pursuing further education.

Investment and Wealth Management: EastWest Bank's wealth management services help clients grow and protect their assets. It offers investment products, trust services, and insurance solutions to assist customers in building a secure financial future.


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Business Banking: EastWest Bank supports the needs of businesses with a range of services, including business loans, cash management solutions, corporate accounts, and trade finance. It serves businesses of all sizes, from small enterprises to large corporations.

Online and Mobile Banking: The bank's digital platforms provide customers with convenient access to their accounts, enabling them to perform various transactions, pay bills, transfer funds, and manage their finances from the comfort of their homes or on the go.

International Banking: EastWest Bank facilitates international transactions, foreign exchange services, and trade financing, making it a trusted partner for businesses engaged in global trade.

Community Involvement: Beyond its financial services, EastWest Bank is committed to giving back to the community through various corporate social responsibility initiatives, supporting education, healthcare, and environmental conservation.


ACTIVITIES AND TOURS IN MANILA

Conclusion

EastWest Bank's journey from its humble beginnings to its current stature as a trusted financial institution reflects its dedication to customer satisfaction, innovation, and community development.

With a diverse range of financial services, a commitment to technological advancement, and a focus on providing solutions that meet the evolving needs of its customers, EastWest Bank continues to be a valuable partner in the financial journeys of individuals and businesses in the Philippines.

EASTWEST BANK: Profile, History and Services


In an age where financial services are an integral part of our daily lives, it’s essential for consumers to be aware of their rights and avenues for recourse when faced with unsatisfactory banking experiences. The Bangko Sentral ng Pilipinas (BSP), as the central bank of the Philippines, plays a pivotal role in regulating the country’s banking industry and safeguarding the interests of consumers.



Understanding Your Rights

As consumers, you have the right to fair and transparent banking practices. If you encounter issues with a commercial bank that you find challenging to resolve directly, the BSP provides a structured platform to address your concerns. This guide aims to empower you with the knowledge and steps needed to report complaints effectively, ensuring that your voice is heard and your rights are protected.

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Know the Process

Filing a complaint might seem daunting, but with the right information, it becomes a straightforward process. From documenting your concerns to knowing how to approach the BSP, this guide will walk you through each step. We believe that informed consumers make empowered decisions, and understanding how to report a complaint to the BSP is an essential aspect of your financial literacy journey.


Ensuring Accountability

By reporting complaints to the BSP, you not only seek resolution for your specific issue but also contribute to the larger process of ensuring accountability within the banking sector. Your feedback aids the BSP in its mission to maintain the stability and integrity of the financial system, promoting fair practices and enhancing the overall banking experience for everyone.

In the following sections, we will provide you with detailed insights on how to file complaints effectively, emphasizing the importance of clear communication and persistence. Remember, your financial well-being matters, and you have the right to a banking experience that is both seamless and respectful.

Here are the steps you can follow to file a complaint:



1. Contact the Bank Directly

Before escalating the issue to BSP, it's advisable to contact the bank directly to resolve the problem. Most banks have customer service hotlines and email addresses where you can file complaints. Be sure to provide specific details about the issue, such as dates, names of bank employees involved (if applicable), and any supporting documents.


2. Document Your Complaint

Keep a record of all communications with the bank, including emails, phone calls, and letters. Document the names of the individuals you speak to and the dates of your conversations. This documentation will be helpful if you need to escalate the complaint further.



3. File a Complaint with BSP

If the issue is not resolved to your satisfaction, you can file a complaint with the Bangko Sentral ng Pilipinas through their Consumer Assistance (CA) unit. Here’s how you can do it:

  • Chat with BOB: You can file a complaint through the BSP Online Buddy, BOB, through the following channels:
  • Call the Hotline: Conveniently, you can also contact BSP by calling the following telephone numbers: (02) 8708-7087, (02) 8708-7701 loc 2584

  • Email: Send an email to consumeraffairs@bsp.gov.ph, clearly stating your complaint and providing all relevant details. Include any supporting documents that can help the BSP investigate your case.

  • Mail: You can write a formal letter detailing your complaint and mail it to the Consumer Assistance Office, Financial Consumer Protection Department, Bangko Sentral ng Pilipinas, 5th Floor, Multi-Storey Building, BSP Complex, A. Mabini Street, Malate, Manila, Philippines.


4. Follow Up

After filing your complaint, it’s essential to follow up with BSP periodically to check the status of your case. Be persistent but polite in your follow-up communications.


5. Seek Legal Advice

If your complaint remains unresolved and you believe you have a strong case, you might consider seeking legal advice from a lawyer who specializes in banking and finance law.



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Conclusion

Remember, it's crucial to provide clear and detailed information when filing a complaint to help BSP thoroughly investigate the matter. Providing evidence and documentation can strengthen your case and increase the likelihood of a favorable resolution.




ACTIVITIES AND TOURS IN MANILA

Frequently Asked Questions: Reporting Bank Complaints to BSP


Q1: Why should I report a bank complaint to BSP?
A1: Reporting a bank complaint to the Bangko Sentral ng Pilipinas (BSP) is crucial for several reasons. It ensures your concerns are heard, contributes to improved banking practices, and helps maintain the integrity of the financial system. Additionally, it protects your rights as a consumer.

Q2: What kind of issues can I report to BSP?
A2: You can report a wide range of issues such as unauthorized transactions, account disputes, unfair lending practices, hidden fees, and any other violations of banking regulations and consumer rights. BSP handles complaints related to all licensed banks and non-bank financial institutions under its jurisdiction.

Q3: How do I file a complaint with BSP?
A3: To file a complaint with BSP, you can visit their official website and fill out the online complaint form. Provide detailed information about the issue, supporting documents, and your contact information. Alternatively, you can visit the nearest BSP office to submit your complaint in person.

Q4: What documents do I need to file a complaint?
A4: While the specific documents may vary based on your complaint, it's generally advisable to provide copies of relevant bank statements, transaction records, emails, or any correspondence related to the issue. These documents support your case and help authorities understand the situation better.

Q5: Is there a time limit for filing a complaint with BSP?
A5: While there's no strict time limit, it's advisable to file your complaint as soon as possible after encountering the issue. Timely reporting ensures a more effective investigation, especially if there are time-sensitive transactions involved.

Q6: What happens after I file a complaint with BSP?
A6: BSP will conduct an investigation into your complaint. They will communicate with the concerned bank, review provided documents, and assess the situation. You will be updated on the progress and the resolution of your complaint. Be patient, as investigations may take some time.

Q7: Can I file a complaint anonymously?
A7: While it's generally more effective to provide your contact information for follow-ups, BSP does accept anonymous complaints. However, providing your details allows BSP to update you on the status and resolution of your complaint.

Q8: What if I'm not satisfied with the resolution provided by BSP?
A8: If you're dissatisfied with BSP’s resolution, you can escalate your complaint to the Consumer Affairs Office (CAO) within BSP. They will conduct a review to ensure fairness and adherence to regulations.

Q9: Is there a fee for filing a complaint with BSP?
A9: No, filing a complaint with BSP is free of charge. It's your right as a consumer to report issues without incurring any costs.

Q10: Can I seek legal advice during the complaint process?
A10: Yes, you can seek legal advice if you feel the need. Consulting with a lawyer can help you understand your rights better and provide guidance on the process. However, it's not mandatory, and you can file a complaint independently.

Remember, filing a complaint is essential for your financial well-being and contributes to a fairer banking environment for everyone. BSP is committed to addressing consumer concerns and ensuring a transparent and trustworthy banking sector.

Reporting Bank Complaints to BSP (​​​​​​​Consumer Assistance Contact and Chatbot)


BDO Unibank, Inc. (Banco de Oro), is widely recognized as the largest bank in the Philippines, both in terms of total assets and branch network. Whether you’re looking for savings accounts, credit cards, loans, or digital banking, BDO offers a full suite of financial services tailored to Filipinos' needs.

In this comprehensive guide, we’ll explore everything you need to know about BDO Unibank in 2025, including its services, account types, digital banking, promotions, and why it's the preferred choice of millions.



What is BDO Unibank?

BDO Unibank is a full-service universal bank in the Philippines, owned by the SM Group, one of the largest conglomerates in Southeast Asia. Established in 1968, BDO has become the most trusted banking brand for both individuals and businesses.


Key Facts


Founded: 1968 (originally as Acme Savings Bank)

Headquarters: Mandaluyong City, Metro Manila

Parent Company: SM Investments Corporation

Stock Symbol: PSE: BDO

CEO (as of 2025): Nestor V. Tan

Total Branches: Over 1,500 branches nationwide

ATMs: 4,000+ across the Philippines


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BDO Products and Services


1. Deposit Accounts

BDO offers a range of deposit products, including:

  • Savings Accounts: Peso, Dollar, Kabayan Savings (for OFWs)

  • Checking Accounts

  • Time Deposits

  • Junior Savers Account (for kids)


2. Credit Cards

BDO offers more credit card options than any other bank in the Philippines, including:

  • BDO Mastercard & Visa (Classic to Platinum)

  • BDO ShopMore Mastercard (SM Advantage rewards)

  • BDO American Express Cards

  • BDO JCB Lucky Cat & Gold

  • BDO Diners Club

  • BDO UnionPay

Promo Tip: BDO frequently runs zero annual fee promotions, like the 5-year waiver offer in 2025 for new credit cardholders who activate and spend.



3. Loans


  • Home Loans
  • Auto Loans
  • Personal Loans
  • Business Loans
  • SME Financing


4. Investment Services


  • Unit Investment Trust Funds (UITFs)
  • Equity Funds
  • Fixed Income Securities
  • Online Stock Trading via BDO Securities


5. Insurance & Protection

Offered in partnership with BDO Life and Generali Philippines:

  • Life & Health Insurance
  • Accident Insurance
  • Travel Insurance


BDO Online and Mobile Banking

BDO Digital Banking Features:

  • Fund transfers (BDO to BDO, BDO to other banks)

  • Bills payment

  • Load e-wallets (GCash, Maya)

  • Account monitoring

  • Mobile check deposit

  • Virtual account numbers

Apps to Download:

  • BDO Personal Banking App

  • BDO Pay – for QR payments and sending money

  • BDO Securities App – for stock trading


BDO for OFWs and Overseas Filipinos

BDO Kabayan Services offer:

  • Remittance Services

  • Kabayan Savings Account

  • Peso or USD accounts

  • Zero maintaining balance (if used at least once a year)

  • BDO has international remittance partners in the US, Canada, UAE, UK, Hong Kong, and more.


Why Choose BDO?


✅ Pros


Largest ATM and branch network in PH

Reliable mobile and online banking

Strong rewards and promos for cardholders

Trusted partner for OFWs

Backed by SM Group (financial stability)


❌ Cons


Long lines at physical branches

Some services require branch visits (especially for new clients)


BDO Promos (2025)


5-Year Free Membership on Credit Cards (June 1 – August 31, 2025)

Zero Interest Installment Deals on select merchants

BDO Rewards Points for every transaction

👉 Visit www.bdo.com.ph or check the BDO app for updates.



How to Open a BDO Account


Requirements:

  • 1 valid government-issued ID
  • Proof of billing address
  • 1x1 or 2x2 photo (optional)
  • Initial deposit (varies per account type)

Visit the nearest branch or pre-fill forms online via the BDO website.


Contact BDO


Customer Service Hotline: (+632) 8631-8000

Email: callcenter@bdo.com.ph


Facebook: @BDOUnibank

Mobile App: Available on iOS and Android


Final Thoughts

BDO Unibank continues to lead the Philippine banking industry by delivering reliable financial services, cutting-edge digital tools, and rewarding programs for every Filipino. Whether you're starting your savings journey, applying for a credit card, or looking to invest—BDO is a bank you can trust.

“We find ways.” – More than a slogan, it’s a commitment.

BDO Unibank: History Background of Banco de Oro (Products and Services)

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SWIFT Code or SWIFT Number is commonly known as Bank Identifier Code (BIC), this is the key information needed when sending money from overseas to your Philippine banks.


What is a SWIFT Code?

SWIFT define as the Society for Worldwide Interbank Financial Telecommunication. A SWIFT code is a set of 8 or 11 digits that represents a bank branch. You’ll need to use one when sending money internationally.

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How SWIFT Code is Used?

Wire transfer is common nowadays to transfer money from abroad to a bank in the Philippines. A code that can be utilized as a means of communication.



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This is the details how this swift code works

SWIFT CODES uses the following system in designating a bank’s code:
  • Institution Code or bank code = Four letters
  • Country Code = Two letters
  • Location Code = Two letters or two digits
  • Local Branch Code = Last three characters

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List of SWIFT Codes (or BIC) of Philippine Banks

  • ASIA UNITED BANK CORPORATION AUBKPHMM

  • AUSTRALIA AND NEW ZEALAND (ANZ) BANKING GROUP LIMITED
    ANZBPHMX

  • BANK OF COMMERCE
    PABIPHMM

  • BANK OF THE PHILIPPINE ISLANDS (BPI)
    BOPIPHMM

  • BANCO DE ORO (BDO) UNIBANK
    BNORPHMM

  • CHINA BANKING CORPORATION (CHINABANK)
    CHBKPHMM

  • CHINATRUST (PHILS.) COMMERCIAL BANK MANILA
    CTCBPHMM

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  • CITIBANK N.A. (CEBU BRANCH)
    CITIPHMXCBU

  • CITIBANK N.A. (MANILA HEAD OFFICE)
    CITIPHMXV

  • CITIBANK SAVINGS INC.
    CITIPH2X

  • DEVELOPMENT BANK OF THE PHILIPPINES (DBP)
    DBPHPHMM

  • EAST WEST BANKING CORPORATION
    EWBCPHMM

  • HONGKONG AND SHANGHAI BANKING CORP. (HSBC) CEBU BRANCH
    HSBCPHMMCEB

  • HONGKONG AND SHANGHAI BANKING CORP. (HSBC) MANILA HEAD
    HSBCPHMM

  • HSBC SAVINGS BANK (PHILIPPINES) INC.
    HBPHPHMM




  • LAND BANK OF THE PHILIPPINES
    TLBPPHMM

  • MAYBANK PHILIPPINES INC
    MBBEPHMM

  • METROPOLITAN BANK AND TRUST CO. (METROBANK)
    MBTCPHMM

  • PHILIPPINE BANK OF COMMUNICATIONS (PBCOM)
    CPHIPHMM

  • PHILIPPINE BUSINESS BANK (PBB)
    PPBUPHMM

  • PHILIPPINE NATIONAL BANK (PNB)
    PNBMPHMM

  • PHILIPPINE SAVINGS BANK (PS BANK)
    PHSBPHMM


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  • PHILIPPINE VETERANS BANK
    PHVBPHMM

  • PHILTRUST BANK (PHILIPPINE TRUST COMPANY)                                         PHTBPHMM

  • RIZAL COMMERCIAL BANKING CORPORATION (RCBC)
    RCBCPHMM

  • ROBINSONS BANK CORPORATION
    ROBPPHMQ

  • SECURITY BANK CORPORATION
    SETCPHMM

  • STANDARD CHARTERED BANK
    SCBLPHMM

  • UNION BANK OF THE PHILIPPINES
    UBPHPHMM

  • UNITED COCONUT PLANTERS BANK (UCPB)
    UCPBPHMM

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List of Philippine Banks Swift Code/BIC (Meaning & How To Use)


In a major move for digital banking in the country, the Bank of the Philippine Islands (BPI) has announced that it will permanently eliminate transaction fees for interbank fund transfers made via InstaPay and PESONet beginning July 1.

The policy shift applies across BPI’s primary digital banking channels, providing significant relief to millions of retail consumers and business clients alike.



Broad Digital Platform Coverage

According to reports obtained by InsiderPH, the zero-fee transaction structure will be rolled out natively across BPI's entire modern digital ecosystem. Supported platforms include:

BPI Mobile App: The flagship mobile application for retail banking.

BPI Online: The standard desktop and web banking browser platform.

VYBE: BPI's proprietary digital e-wallet.

BizKo: The dedicated platform optimized for micro, small, and medium enterprises (MSMEs).

To take advantage of the permanent waiver on July 1, individual users are advised to update their applications to the latest build released on June 25 via the Apple App Store, Google Play Store, or Huawei AppGallery.



Aligning with Central Bank Objectives

The policy update impacts over nine million registered BPI application users, who can now move money to other banking institutions and major e-wallets without facing standard deduction fees.



The decision directly complements recent directives from the Bangko Sentral ng Pilipinas (BSP), which has actively pushed domestic financial entities to lower financial barriers and deploy market-based, customer-friendly pricing structures for peer-to-peer (P2P) electronic fund transfers. BPI noted that this structural shift aims to drive national financial inclusion and accelerate the domestic transition toward a cash-lite economy.

RELATED: How to Change Your BPI Mobile Key Device Safely


Milestone Initiative for 175th Anniversary
As the country’s oldest bank prepares for its historic 175th anniversary on August 1, the elimination of electronic transfer fees stands out as one of its most customer-centric digital strategies in recent history.



By removing transaction costs for both real-time clearing networks (InstaPay) and large-batch processing systems (PESONet), BPI reduces everyday friction for consumers, making digital financial management more accessible and affordable for Filipinos nationwide.

BPI to Permanently Waive InstaPay, PESONet Transfer Fees Starting July 1


Here is a list of the branches of BDO Unibank that are open on Saturdays to cater banking services to the public.

In this guide, I list BDO branches that are open on Sunday. I am happy that there's a BDO branch near me where I can do bank transactions, deposit and withdraw my money.



Undeniably, a lot of people are struggling when it comes to make their banking transactions. One of the reasons is their busy schedule. They find it hard to catch up with the office hours of banks.

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Usually, banks open between 8:00 to 9:00 am and closes between 3:00 to 5:00 pm. The thing is that most employees also finish their duties at 5:00 pm thus banks are already closed by the time they will arrive to a certain branch.


Fortunately, some banks now offer Saturday banking services through some of their branches. One of these banks is the BDO Unibank or also known as Banco de Oro.


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Here are BDO branches that open on Sundays:

METRO MANILA




NORTHERN LUZON


BATAAN 
  • Waltermart - Balanga 

BULACAN
  • SM Center Pulilan 
  • SM City Baliwag 
  • SM City Marilao 
  • SM City San Jose Del Monte 
  • Waltermart - Guiguinto
  • Waltermart - Malolos 
  • Waltermart - Sta. Maria 


BENGUET 
  • Baguio - Abanao Square 
  • SM City Baguio 

CAGAYAN 
  • Robinsons Place - Tuguegarao 
  • SM Center Tuguegarao Downtown 
  • SM City Tuguegarao 

ILOCOS
  • Robinsons Place - San Nicolas
  • Vigan - Puregold


ISABELA
  • Isabela Cabagan - Xentro Mall
  • Isabela Santiago - Xentro Mall
  • SM City Cauayan

LA UNION
  • La Union San Fernando - Manna Mall


NUEVA ECIJA
  • Nueva Ecija – CityMall Sta. Rosa
  • Nueva Ecija - Primark Gapan
  • Robinsons Townville - Cabanatuan
  • SM City Cabanatuan
  • SM Megacenter Cabanatuan
  • Waltermart - Cabanatuan
  • Waltermart - San Jose
  • Waltermart - Talavera

PAMPANGA 
  • Angeles - Marquee Mall 
  • SM City Clark A 
  • SM City Clark B 
  • SM City Pampanga A 
  • SM City Pampanga B 
  • SM City San Fernando
  • SM City Telabastagan 
  • Waltermart - Pampanga 


PANGASINAN 
  • Pangasinan San Carlos - Magic Mall
  • SM Center Dagupan
  • SM City Rosales
  • SM City Urdaneta Central

TARLAC
  • SM City Tarlac
  • Tarlac - CityMall
  • Waltermart - Capas Tarlac
  • Waltermart - Concepcion Tarlac
  • Waltermart - Paniqui

ZAMBALES
  • SM City Olongapo
  • SM City Olongapo Central
  • Waltermart - Subic

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SOUTHERN LUZON


BATANGAS 
  • Batangas - Bauan 
  • Robinsons Place - Lipa 
  • SM Center Lemery 
  • SM City Batangas
  • SM City Lipa 

BICOL
  • SM City Legazpi 
  • SM City Naga 


CAVITE 
  • SM City Bacoor 
  • SM City Dasmariñas A 
  • SM City Molino 
  • SM City Rosario 
  • SM City Trece Martires 


LAGUNA
  • SM City Calamba
  • SM City San Pablo
  • SM City Sta. Rosa

PALAWAN
  • SM City Puerto Princesa


QUEZON
  • SM City Lucena

RIZAL
  • SM Center Angono
  • SM City Masinag
  • SM City San Mateo
  • SM City Taytay
  • Sta. Lucia East - Felix Avenue



VISAYAS


CAPIZ 
  • SM City Roxas 

CEBU
  • Cebu - Ayala Mall 
  • SM City Cebu 
  • SM City Cebu B 
  • SM City Consolacion Cebu
  • SM Seaside City Cebu A 


ILOILO
  • SM City Iloilo
  • SM City Iloilo B

LEYTE
  • SM Center Ormoc
  • SM Savemore Tacloban

NEGROS OCCIDENTAL
  • SM City Bacolod
  • SM City Bacolod North

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MINDANAO


BUTUAN 
  • SM City Butuan 

COTABATO 
  • Cotabato - CityMall 
  • Cotabato Kidapawan - Gaisano Grand Mall 


DAVAO 
  • SM City Davao 
  • SM City Davao Annex
  • SM Lanang Premier 
  • SM Savemore Davao Bangkal 
  • Davao -Toril Gaisano Grand Mall 

GENERAL SANTOS
  • SM City General Santos


MISAMIS ORIENTAL
  • SM CDO Downtown Premier
  • SM City Cagayan de Oro

SULTAN KUDARAT
  • Sultan Kudarat - Primark Tacurong

ZAMBOANGA
  • SM City Mindpro
  • Zamboanga - CityMall Tetuan

ACTIVITIES AND TOURS IN MANILA


ABOUT BDO

BDO is a full-service universal bank in the Philippines. It provides a complete array of industry-leading products and services including Lending (corporate and consumer), Deposit-taking, Foreign Exchange, Brokering, Trust and Investments, Credit Cards, Retail Cash Cards, Corporate Cash Management and Remittances in the Philippines. Through its local subsidiaries, the Bank offers Investment Banking, Private Banking, Leasing and Finance, Rural Banking, Life Insurance, Insurance Brokerage and Online and Non-Online Brokerage services.


BDO is a member of the SM Group, one of the country’s largest and most successful conglomerates with businesses spanning retail, mall operations, property development (residential, commercial, resorts/hotel), and financial services. Although part of a conglomerate, BDO’s day-to-day operations are handled by a team of professional managers and bank officers. Further, BDO has one of the industry’s strongest Board of Directors composed of professionals with extensive experience in various fields that include banking and finance, accounting, law, and business.


The Bank changed its corporate name to "BDO Unibank, Inc." from "Banco De Oro Unibank, Inc." effective 4 November 2011.


IMPORTANT NOTE: The rates, contact details and other information indicated in this post are accurate from the time of writing but may change without IMFWJ's notice. Should you know the updated information, please message us on Facebook.

List of BDO Branches open on Sundays (Luzon, Visayas, Mindanao)

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