Asiatrust Bank SWIFT/BIC code

Asiatrust Bank SWIFT code: ATDBPHM1

If an invoice shows ATDBPHM1 or ATDBPHM1XXX, it is the identical identifier for Asiatrust Bank in Philippines. Every bank on the SWIFT network uses BIC codes to route international transfers to the right institution. In practice you mostly see the code on international invoices, in payment forms and on the account details that Asiatrust Bank provides.

Below you will find the practical questions: receiving money at Asiatrust Bank, paying someone in another country and how to check the code before you hit send. The SWIFT code alone cannot identify a personal account; that is what the IBAN or account number .

Is ATDBPHM1 still correct? How to check

The safest source for a SWIFT code is the bank details provided by the recipient. When the code you were given differs from ATDBPHM1 or ATDBPHM1XXX, do not guess: check with the recipient or with Asiatrust Bank directly.

Errors in the SWIFT code tend to be costly more than fatal: often the payment comes back, minus fees. Do not forget the IBAN: a mistake there is harder to undo than a wrong BIC.

An automatic check by your bank merely tells you that the IBAN exists. More and more banks compare the payee name with the account. Sending a small amount first can be worth it for a large first payment despite the extra fee.

Which of the 15 codes of Asiatrust Bank do you need?

With 15 codes, Asiatrust Bank is one of the banks that use individual codes for parts of the organisation. The head office code remains ATDBPHM1XXX.

Usually there is no need to look up a branch: transfers addressed to ATDBPHM1XXX are routed within Asiatrust Bank without problems. If you have been given a specific code, stick to it rather than replacing it with the head office code.

The best way is to copy the code directly from the account holder’s statement. Branch codes are more likely to change than ATDBPHM1XXX when a bank merges or closes offices.

When will the money arrive at Asiatrust Bank?

There is no single delivery time: some arrive within a day, others take several business days. Payments made late in the day or just before a weekend or public holiday usually start a business day later. Compliance checks by one of the banks may also add some delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique transaction reference, the UETR. Keep the payment confirmation; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank rather than Asiatrust Bank. On the receiving end, it helps to look at your account for a slightly lower amount, since fees may have been deducted.

Getting paid from abroad into a Asiatrust Bank account

To receive an international payment into your account at Asiatrust Bank, the sender needs more than the SWIFT code. What they need is: your name, IBAN or account number, ATDBPHM1XXX or ATDBPHM1 and, for some countries, your postal address.

You can include the bank name and its city as well, since some forms ask for it. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Expect that the incoming amount is smaller than what the sender paid. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin applies. For business payments, you can state how the fees are split to avoid a shortfall.

How up to date is this code?

We gather bank codes using publicly available data and check them regularly. Even so, banks merge, rename themselves or retire codes. Figures such as the number of codes are from our directory and may differ from what Asiatrust Bank publishes.

Treat the information here as a helpful check, and let the details from the recipient or Asiatrust Bank have the final say. GoldexPay is not affiliated with Asiatrust Bank; we are a comparison site for money transfers. Spotted an error? Let us know through the contact page so we can correct it.

Watch out for payment fraud

Be alert when someone suddenly wants you to send money to a different account. That ATDBPHM1 is a real code does not mean that the account is legitimate; criminals use the codes of real banks too.

Always verify a change of bank details through a phone call. Pressure and secrecy tend to be red flags. Already paid? Call your bank without delay and ask them to try to recall the payment.

Recipients are targeted too: one known trick is a buyer who pays too much followed by a request to send back the difference abroad. Wait until the money has really arrived.

Sending PHP to Asiatrust Bank

The currency of Philippines is the Philippine Peso (PHP). Money sent in a different currency is converted into PHP, and whoever converts it chooses the rate. There is rarely a separate charge for the conversion – the cost sits in the rate.

Where the conversion happens has an effect on how much arrives, since every bank sets its own rate. Compare what PHP the recipient gets via different providers before choosing one.

The rate for PHP fluctuates throughout the day. If you pay regularly, small differences in the rate make a real difference over a year.

What a transfer from Asiatrust Bank abroad really costs

What you pay for an international transfer is made up of several parts. On top of a fixed fee, correspondent or intermediary banks may take a cut, and when currencies are converted, the bank usually applies a rate that is less favourable than the real market rate.

The real cost is often in the rate: the bank converts at a rate with a margin built in. A simple test: put the rate you get next to the mid-market rate for the same moment and look at the difference.

Specialised transfer providers frequently offer rates closer to the mid-market rate with clearer fees. On GoldexPay we compare what recipients receive across services, so you can pick the cheapest route. Using a transfer service does not mean closing your account at Asiatrust Bank: you simply pay the service from your account.

What the XXX in ATDBPHM1XXX means

The layout of every SWIFT code never changes: a bank code of four letters, two for the country and a two-character location code. That gives you ATDBPHM1 for Asiatrust Bank.

XXX at the end of ATDBPHM1XXX is not a missing value or an error: it stands for the head office of Asiatrust Bank. Some banking apps insist on 11 characters, in which case you simply add XXX after ATDBPHM1.

Enter the code as one block, in upper case and without separators, exactly as shown here. Look out for O versus 0 or I versus 1.