SWIFT/BIC codes in Philippines: banks starting with W

Bank SWIFT codes for Philippines

Here you will find the SWIFT/BIC codes of 411 banks in Philippines – 456 codes altogether. Every code identifies a bank or one of its branches, so a payment from abroad reaches the right place.

Look for the bank you need in the list and open its page to see the full list of codes and what else a transfer requires. The rest of this page covers how the codes work, what transfers cost and the checks worth doing before a payment.

Why a transfer to Philippines needs a SWIFT code

For Philippines you usually need the BIC. Without it, most banks cannot send the transfer at all.

Not all countries use the IBAN. The receiving bank often has a list of required details for incoming international payments – follow them exactly. Before it arrives, a transfer can go through correspondent banks that take a fee.

Receiving money in Philippines from abroad

If you expect a payment from another country in Philippines, send the payer a complete set of details. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code of your bank and usually your address.

Your bank’s code is in our list. It helps to include your bank’s name and city as well.

What lands in your account is often lower than what was sent. Correspondent banks can take a fee, and when currencies differ, a markup on the rate applies. For business payments, state who bears the costs.

What the letters in a Philippines BIC mean

Every SWIFT/BIC code consists of 8 or 11 characters. Characters one to four identify the bank, characters five and six form the country code and characters seven and eight mark the location.

You can recognise a bank code from Philippines by the fifth and sixth characters: they always show the ISO country code of Philippines. Codes with other letters in that position come from another country – a quick way to catch mistakes.

The long version ends in a branch code – XXX stands for the head office. Choose a branch code only if the recipient’s bank asks for it; otherwise the head office code is the safe choice.

When does money sent to Philippines arrive?

A SWIFT payment to Philippines typically takes one to a few business days, depending on the currency, the route and the banks involved. Payments made after the cut-off time or just before weekends and holidays usually go out the next business day.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique transaction reference, the UETR that banks can use to see where the money is. Save the payment confirmation until the money has arrived; a bank needs it to start a trace.

Sending PHP to Philippines

Philippines pays in the Philippine Peso (PHP). Money sent in a different currency is converted into PHP on its way to the recipient – and the bank that does it picks the rate.

Who converts the money matters. In many cases it is cheaper to send PHP directly via a transfer service that converts near the mid-market rate. With bigger transfers, a seemingly small difference in the rate adds up quickly.

Asiatrust Bank and its SWIFT codes

Of the 411 banks we list for Philippines, Asiatrust Bank has the most codes. Its main office has ATDBPHM1XXX and that code covers most payments.

Many codes often means separate codes for branches, departments or services. Making a payment to Asiatrust Bank? Use ATDBPHM1XXX except when a specific branch code is requested.

How reliable is this list?

The most reliable place for the correct BIC remains a document from the bank itself. A wrong code can cause delays, a payment being sent back or additional charges, so compare it with the list on this page.

The directory on GoldexPay draws on public sources that we update periodically. Banks merge, change names and retire codes, and no directory catches every change immediately. Treat this list as a reference. GoldexPay is an independent comparison site and has no link to the banks in this list.

Scammers often send fake invoices with changed bank details that look completely genuine. Always confirm a change of bank details by phone, using a number you already had.

Filter: banks in Philippines with :letter

This page shows only the banks in Philippines whose name starts with :letter. The figures for Philippines mentioned here cover all 411 banks, not just the ones under :letter.

Cannot find the bank? Its official name might start with a different letter – think of the full legal name instead of the brand. The full overview for Philippines is one click away if the letter filter does not help.

Bank or transfer service for Philippines?

A bank transfer to Philippines often costs more than the fee suggests. Besides the fee, correspondent banks may take a cut, and when the money is converted the bank usually uses a rate below the actual market rate.

That exchange rate margin is often the largest part of the cost because it is hidden in the rate. Compare the rate you are offered against the mid-market rate that you find on financial sites.

Money transfer services frequently use a rate near the mid-market rate and lower fees. Before you send money to Philippines, it is worth to compare what arrives on GoldexPay instead of going straight to your bank.