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Name: SWIFT/BIC Codes for Banks in Philippines
Creator: SendMoneyCompare
License: https://creativecommons.org/licenses/by-nc-sa/4.0/

Akif Hazarvi

SWIFT codes in Philippines

PH · PHP

Find the correct SWIFT/BIC code for banks in Philippines. Use these codes when sending or receiving international wire transfers. A SWIFT code ensures your payment is routed to the correct bank and branch.

Banks

451

SWIFT codes

3

Branches

4

Currency

PHP

Banks and SWIFT codes in Philippines

B
BDO UNIBANK, INC.

SWIFT/BIC	City	Branch	Address
`BNORPHMMXXX`	CITY OF MAKATI	Head Office	BDO CORPORATE CENTER, 7899 MAKATI AVENUE

B
BANK OF THE PHILIPPINE ISLANDS

SWIFT/BIC	City	Branch	Address
`BOPIPHMMTRY`	CITY OF MAKATI	TRY	AYALA AVENUE COR PASEO DE ROXAS
`BOPIPHMMXXX`	CITY OF MAKATI	Head Office	FLOOR 22-28, AYALA TRIANGLE, GARDENS,TOWER 2 PASEO DE ROXAS, COR. MAKATI AVENUE

L
LAND BANK OF THE PHILIPPINES

SWIFT/BIC	City	Branch	Address
`TLBPPHMMXXX`	CITY OF MANILA	Head Office	FLOOR 19, LBP PLAZA 1598 M.H. DEL, PILAR STREET CORNER DR. QUINTOS, STREET MALATE

Frequently asked questions

What is a SWIFT code for the Philippines?

A SWIFT code (BIC) for the Philippines is an 8 or 11-character code identifying a Philippine bank for international wire transfers. The country code portion is PH. For example, ABORPH2X is the BIC for BDO Unibank, the largest Philippine bank. The code structure is: 4 characters for the bank, 2 for country (PH), 2 for the city or location, and optionally 3 for the branch.

What are the SWIFT codes for major Philippine banks?

Key Philippine bank SWIFT codes include: BDO Unibank — ABORPH2X, Bank of the Philippine Islands (BPI) — BABORPHMXXX, Metropolitan Bank and Trust (Metrobank) — MABORPMM, Land Bank of the Philippines — TLBPPHMM, Philippine National Bank (PNB) — PNBMPHM1XXX, Security Bank — SBTCPHMMXXX, and UnionBank — UBPHPHMM. Always confirm the exact code with the recipient's bank.

How do I send money to a Philippine bank account from abroad?

To send an international wire transfer to the Philippines, you need: the recipient bank's SWIFT/BIC code, the recipient's full account number, and the recipient's full name as registered with the bank. The Philippines does not use IBAN. For transfers from the US, many providers also offer direct-to-account services that use local Philippine payout networks, which can be faster and cheaper than standard SWIFT routing.

Can I send money directly to a GCash or Maya wallet from abroad?

GCash and Maya (PayMaya) cannot directly receive international SWIFT wire transfers. However, some international remittance providers (such as Western Union, Remitly, and WorldRemit) have partnerships that allow direct delivery to GCash or Maya wallets. For bank-to-bank international wires, you need the recipient's SWIFT code and account number at a traditional bank.

How long does a SWIFT transfer to the Philippines take?

SWIFT transfers to the Philippines typically take one to three business days. Transfers from the US, Middle East, and Hong Kong — major OFW corridors — usually arrive within one to two business days. BSP regulations require that receiving banks credit inbound remittances promptly. Same-day or next-day delivery is possible through providers that use dedicated Philippine payout networks.

Are there fees for receiving a SWIFT transfer in the Philippines?

Philippine banks charge an inbound remittance fee, typically USD 5–15 or a percentage of the transfer amount, deducted from the received funds. BSP requires banks to disclose these fees. The receiving bank converts the foreign currency to PHP at their buying rate on the settlement date. Providers that offer direct-to-account delivery via local networks often have lower total costs than bank-to-bank SWIFT.

What is the difference between InstaPay, PESONet, and SWIFT in the Philippines?

InstaPay and PESONet are domestic Philippine payment systems: InstaPay handles real-time transfers up to PHP 50,000, while PESONet handles batch transfers for larger amounts. Both handle only PHP within the Philippines. SWIFT is the international network for cross-border transfers. Money sent from abroad travels via SWIFT to the recipient's bank, which then credits the account through its internal system.

Does BSP require documentation for large inbound transfers?

Yes. BSP regulations require that inbound transfers of USD 10,000 or more be accompanied by a declaration of purpose. The recipient's bank will request documentation for transfers classified as business income, investment, or loan proceeds. Personal family remittances are generally processed without additional requirements. Non-compliance with BSP reporting can result in the funds being held pending clarification.

How SWIFT works in the Philippines

The Bangko Sentral ng Pilipinas (BSP) regulates all international transfers into and out of the Philippines. SWIFT is the standard channel for inbound foreign currency wire transfers, while domestic peso transfers use the InstaPay and PESONet systems operated by PhilPaSS. The Philippines is one of the world's largest remittance-receiving countries, and virtually all major banks are connected to the SWIFT network.

The four largest recipient banks for international transfers are BDO Unibank (ABORPH2X), Bank of the Philippine Islands (BABORPHMXXX), Metropolitan Bank and Trust Company (MABORPMM), and Land Bank of the Philippines (TLBPPHMM). These SWIFT codes route to each bank's central international operations desk, not individual branches.
BSP regulations require that the sender's name and purpose of transfer are declared for inbound wires above USD 10,000. The receiving bank may request supporting documentation before crediting the funds, particularly for business or investment-related transfers. Personal remittances under the threshold are generally credited on the same or next business day.
The Philippine peso (PHP) is not freely convertible. Inbound foreign currency is automatically converted to PHP at the bank's buying rate on the settlement date. Senders who want the recipient to receive USD can instruct the beneficiary to open a foreign currency deposit account (FCDU), which most major Philippine banks offer.