SWIFT/BIC codes in Philippines: banks starting with P

SWIFT/BIC codes in Philippines

On this page you find the SWIFT/BIC codes of 411 institutions in Philippines – 456 codes altogether. A BIC shows every bank in the chain which institution is meant to get the money.

Choose the bank from the list to see the head office code and any branch codes, plus practical notes for sending and receiving money. The sections below explain the structure of the codes, the cost of transfers and how to avoid mistakes before a payment.

Recognising a SWIFT code from Philippines

A SWIFT code is either 8 or 11 characters long and follows a fixed pattern. The first four letters identify the bank, the fifth and sixth characters form the country code and the next two give the location.

Whatever the bank, all Philippines codes have the same fifth and sixth letters: the ISO code of the country. A code with other letters in that position come from a bank abroad – a quick way to catch mistakes.

If the last three are XXX, it refers to the head office and the short version works just as well. For most transfers the head office code is what you need.

Filter: banks in Philippines with :letter

Here you see a selection: just banks in Philippines with a name starting with :letter. The totals mentioned above always cover the whole country, not just this letter.

If the bank you need does not appear under :letter, try the full list – the registered name can differ from the name people use. Use the full list for Philippines if you do not know the exact name.

About our data and how to check a code

Have the recipient copy their bank details straight from their banking app. When the code you were given does not match our list, stop and ask.

We collect bank codes from publicly available data and update them regularly. Banks merge, close branches and retire codes. Before any payment of any size, confirm the code with the recipient. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Watch out for payment requests containing a new account, especially when they come by email. A valid BIC says nothing about who owns the account – scammers use the codes of real banks.

Paying a bank in Philippines from abroad

To pay into Philippines you will usually need a SWIFT/BIC code. Without it, your bank will not process the payment.

Not all countries use the IBAN; in that case the local account number is used instead. Check with the recipient which details their bank needs for payments from abroad – many banks give clear instructions for this. Before it arrives, a transfer can go through correspondent banks that take a fee.

Getting paid from abroad into an account in Philippines

When you expect money from abroad on an account in Philippines, send the payer a complete set of details. Share the account holder’s name, your account number or IBAN, the BIC of your bank and your address, which some banks require.

Find the bank in the list above – your bank statement is the final word. Certain sending banks may also ask for the name and address of your bank, so keep it at hand.

The amount you receive can be less than the amount sent. Fees for incoming transfers vary per bank; check the price list of your bank. Agree with the sender who covers the fees.

How long does a transfer to Philippines take?

There is no single answer for payments to Philippines: many arrive within a day while others need several business days. Public holidays in either country add extra days.

If a transfer seems delayed, the sender should contact the sending bank and ask for the status or the UETR – the receiving bank often cannot see a payment that has not arrived. Save the payment confirmation until the recipient confirms.

Paying in PHP: what conversion costs you

The local currency in Philippines is the Philippine Peso (PHP). If you send another currency, the amount gets converted somewhere along the way.

Who does the conversion has an effect on the final amount, as rates and margins differ per bank. Compare how much PHP arrives via different providers before choosing one. Exchange rates change during the day – some providers let you lock in a rate.

The largest SWIFT network in Philippines: Asiatrust Bank

In our directory, Asiatrust Bank holds the most SWIFT/BIC codes in Philippines. The head office of Asiatrust Bank has ATDBPHM1XXX and that code covers most payments.

The number of codes tells you more about how it organises its payments than about how big it is. Making a payment to Asiatrust Bank? Go with ATDBPHM1XXX except when a specific branch code is requested.

The cheapest way to send money to Philippines

If you transfer money to Philippines through a regular bank, the fee you see is rarely all of what you pay. There is the transfer fee, possibly charges from intermediary banks along the way and, most importantly, the margin on the exchange rate if the money is converted.

The markup on the rate is often the biggest part of the cost. An easy check: put the offered rate next to the mid-market rate and work out the difference on your amount.

Money transfer services often use a rate near the mid-market rate and lower fees. GoldexPay lists these providers next to each other, showing what actually arrives in Philippines for the same amount sent.