Rizal Commercial Banking Corporation SWIFT/BIC code

What RCBCPH21 means for a payment to Rizal Commercial Banking Corporation

The 8-character code RCBCPH21 and the full code RCBCPH21XXX identify the same bank: Rizal Commercial Banking Corporation in Manila, Philippines. A SWIFT code shows the sending bank which institution is meant to get the money, a bit like a postal address for banks. You will need it mostly for payments that cross a border and payments in foreign currencies.

This page is meant to help anyone who pays into an account at Rizal Commercial Banking Corporation without mistakes. A SWIFT code identifies a bank or branch, not a single account.

Where our SWIFT data comes from

The codes on this page are taken from public sources. Even so, banks merge, rename themselves or change codes and our data may lag behind. Figures such as the number of codes are from our own dataset.

Before any payment that matters, check the BIC with the recipient’s bank or the recipient. We are an independent comparison service and not affiliated with Rizal Commercial Banking Corporation. If you notice something that is out of date, we appreciate a short note.

Which of the 2 codes of Rizal Commercial Banking Corporation do you need?

Our directory lists 2 SWIFT/BIC codes for Rizal Commercial Banking Corporation, spread over 1 cities. Next to the head office code RCBCPH21XXX, there are codes for regional offices and specialised units.

If nobody asks you for a branch code, go with RCBCPH21XXX. Branch codes are only needed if the account holder explicitly mentions it, which is more common for corporate accounts and trade services.

The safest approach is to take the code straight from the recipient’s statement. Branch codes are more likely to change than RCBCPH21XXX.

Is RCBCPH21 still correct? How to check

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Compare it against RCBCPH21 on this page; if they differ, ask before you pay.

With a wrong code, the payment may be delayed, be returned or cost extra, and tracing it can take weeks. A mistake in the IBAN or account number is a bigger problem; check it just as carefully.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Some banks now compare the payee name against the account before you confirm. Sending a small amount first is a sensible step for a large first payment, even if it costs an extra fee.

The Philippine Peso and what conversion costs you

The currency of Philippines is the Philippine Peso (PHP). A payment in a foreign currency will be exchanged into PHP – and the bank that does it picks the rate. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who converts the money matters. Transferring the amount already in PHP often prevents a second conversion by Rizal Commercial Banking Corporation – as long as your own rate is good.

Rates for PHP change during the day – some services let you fix a rate in advance. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

What a transfer from Rizal Commercial Banking Corporation abroad really costs

A bank transfer abroad costs rather more than the fee suggests. Besides a fixed fee, banks in between may deduct a fee, and if currencies are converted, the bank often applies a rate below the real market rate.

Banks rarely show their exchange rate markup separately, but you pay it all the same. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For many routes, a transfer service is less expensive than a bank. GoldexPay lists these services next to each other, showing the amount the recipient gets before you commit. Choosing a specialist does not require closing your account at Rizal Commercial Banking Corporation: you simply pay the service from your account.

Watch out for payment fraud

Be alert when someone suddenly asks you to send money to another account abroad. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Check changed payment details via a different channel like a call to a number from an earlier contract, not by replying to the message. Urgency and secrecy are red flags – a real supplier can wait a day. Acted too fast? Call your bank straight away and ask them to try to recall the payment.

Scams also work the other way. Someone sends more than agreed and asks you to return the difference via a different route. Wait until the money is actually in your account.

When will the money arrive at Rizal Commercial Banking Corporation?

How quickly a transfer reaches Rizal Commercial Banking Corporation is determined by a few things: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in the sending or receiving country add a day or more. Extra checks on larger or unusual payments can also add some delay, regardless of the details.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show tracking in their app so you can see where the money is.

The bank that sent the money is able to start an official trace. As a recipient, you can check your statements for a slightly lower amount.

Incoming international payments to Rizal Commercial Banking Corporation

To receive an international payment into your account at Rizal Commercial Banking Corporation, the sender has to have more than the SWIFT code. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC RCBCPH21XXX and usually your postal address.

Certain banks also ask for the address of Rizal Commercial Banking Corporation. Check every detail before you share them, because the sender’s bank usually copies them as is.

Money from abroad will not always land in full. Fees for incoming transfers differ per bank – the price list of Rizal Commercial Banking Corporation tells you what applies. For business payments, you can state how the fees are split, so that nobody is left short.

Why Rizal Commercial Banking Corporation has an 8- and an 11-character code

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. In this case, that core is RCBCPH21.

Most payment forms work with both lengths. If yours asks for eleven characters, use RCBCPH21XXX, otherwise RCBCPH21 is fine.

Leave out spaces when you enter RCBCPH21; the code is always written in one block. Pasting the code beats retyping it, because one wrong letter changes the bank.