SWIFT/BIC codes in Philippines: banks starting with J

SWIFT/BIC codes in Philippines

For Philippines our database holds 456 SWIFT/BIC codes, spread over 411 banks. Each code identifies an institution or a specific branch or department.

Choose a bank below to view the head office code and its other codes along with tips for payments to and from that bank. The sections below covers the structure of the codes, what transfers cost and the checks worth doing before a payment.

Getting paid from abroad into an account in Philippines

Someone abroad who wants to pay you needs several details about your account – incomplete details often cause delays. That means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and usually your address.

Look up your bank in the list on this page, but take the code from your own bank details when in doubt. Some sending banks may also want the name and address of your bank.

Expect that the incoming amount is smaller than what the sender paid. Charges on incoming payments vary per bank. Make clear with the sender who covers the fees before the money is sent.

SWIFT codes in Philippines: banks under :letter

This filter narrows the list to banks from Philippines that begin with :letter. The totals mentioned above always cover the whole country and not only this selection.

Bank not listed? Its official name might start with a different letter, for example the full legal name rather than a brand name. The complete list remains available if the letter filter does not help.

Paying a bank in Philippines from abroad

For Philippines you will usually need the BIC. Without it, most banks cannot process the transfer.

Not all countries use IBAN numbers; in that case the local account number is used instead. Ask the recipient which details their bank requires for incoming international payments; banks often publish instructions for this. On the way to Philippines, a payment may go through intermediary banks that charge for their part.

About our data and how to check a code

The most reliable place for the right code remains a document from the bank itself, such as a statement or the account page in online banking. An incorrect BIC may lead to a delay, a returned payment or additional charges – compare it with the code in our list.

Our SWIFT/BIC directory is based on publicly available sources that we update periodically. Institutions merge, change names and retire codes. Treat this list as a starting point, not as the final word. GoldexPay is not a bank and is not affiliated with the banks listed.

Be wary of invoices containing a new account, especially when they come by email. Always verify a change of bank details through a separate channel.

The structure of a Philippines SWIFT/BIC code

A BIC is 8 or 11 characters long and follows a fixed pattern. It starts with a four-letter bank code, followed by two letters for the country and two characters for the location.

You can recognise a bank code from Philippines from letters five and six: they always show the ISO country code of Philippines. A code with other letters in that position come from another country, even if the bank name looks familiar.

When a code ends in XXX, it refers to the head office and the short version works just as well. In most cases the head office code is what you need, unless the recipient gives you a branch code.

How long does a transfer to Philippines take?

There is no fixed answer for transfers to Philippines: many land within a day. Public holidays in either country can add a day or more to the journey.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR that banks can use to see where the money is. Keep the payment confirmation; a bank needs it to start a trace.

The largest SWIFT network in Philippines: Asiatrust Bank

In our data, Asiatrust Bank has the largest number of SWIFT/BIC codes in Philippines. Its head office code is ATDBPHM1XXX, which is the code to use when no branch is specified.

How many codes a bank has tells you something about how it organises its payments than about its size. If not the recipient asks for a branch, the head office code ATDBPHM1XXX works for transfers to this bank.

The Philippine Peso (PHP) and conversion costs

Philippines pays in the Philippine Peso. A payment in a foreign currency is converted into PHP before it reaches the account, and whoever converts it chooses the rate.

Who converts the money matters: every bank has its own margin. In many cases it is cheaper to send PHP straight away through a provider that converts near the mid-market rate. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

The cheapest way to send money to Philippines

When you send money to Philippines with your bank, the stated fee is rarely all of what you pay. There is a transfer fee, possibly fees from correspondent banks along the way and, above all, the margin on the exchange rate.

The real cost is often in the rate, not in the fee – the bank builds a margin into its rate. Check the bank’s rate against the mid-market rate, the midpoint you see on financial news sites.

Specialist money transfer services often use rates closer to the mid-market rate with clearer fees. Before your next transfer to Philippines, it is worth comparing the total cost on GoldexPay rather than accepting the first rate you see.