BANKING AND FINANCE

BANKING & FINANCE IN BANK OF THE PHILIPPINE ISLAND INDUSTRY

ABOUT BPI

Founded in 1851, Bank of the Philippine Islands is the first bank in the Philippines and in the Southeast Asian region. BPI is a universal bank and together with its subsidiaries and affiliates, it offers a wide range of financial products and solutions that serve both retail and corporate clients.

BPI’s services include consumer banking and lending, asset management, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking.

The bank has a network of over 800 branches in the Philippines, Hong Kong and Europe, and close to 3,000 ATMs and CDMs (cash deposit machines).

The establishment of BPI, originally known as El Banco Español Filipino de Isabel II, ushered in the start of the Philippine banking and finance industry. The bank performed many functions, from providing credit to the National Treasury to printing and issuing currency, making it in effect the country’s first Central Bank. BPI proudly carries on this tradition, financing many private and public sector initiatives and enterprises in support of economic growth and nation building.

BPI is acknowledged as a leading provider of financial services in the Philippines.

BANKING

ONLINE BANKING

when you’re far from home, you can still take a hands-on approach to providing for your family in the Philippines. Manage your accounts online and take full control of your finances from anywhere in the world.

-Enroll your account online before heading abroad to enjoy the perks of online banking:

-Monitor remittances to your account. View real-time balances of your accounts.Pay utilities, loans, and other bills in the Philippines even while abroad.

-Reload a loved one’s Globe Handyphone or TM prepaid phone.

-Apply for auto or housing loans, credit cards or Prepaid cards online.

-Request for Credit Card services such as replacement and reactivation.

-Apply for an investment account online.

MOBILE BANKING

BPI Mobile Banking allows you to:

-Monitor your account balances and keep track of every transaction done

-Transfer funds from your account to another BPI accountPay bills in the Philippines, even while abroad.

– BPI has over 400 merchant partners to save time for you and your family.

-Subscribe to or redeem from investment accounts and get the latest FX rates

-Reload your loved one’s Express Cash and Express Money Order cards, as well as Globe and Touch Mobile prepaid numbers.

-Locate BPI ATMs and branches in the Philippines.

-Learn about the latest promos.

-To enjoy the full benefits of Mobile Banking, activate BPI’s Mobile Banking at any BPI ATM before leaving for abroad.

PHONE BANKING

Need to get in touch with someone for your finances? Settling your transactions over the phone couldn’t be easier with BPI Express Phone. Communicate with highly skilled phone bankers from anywhere in the world*. From bills payments to balance inquiries and other self-service transactions, BPI Express Phone is just one call away. Enjoy these benefits and more:

-Inquiring on the details of your credit card, deposit, loans, and insurance accounts

-Reloading prepaid credits to your mobile phones

FINANCIAL HIGHLIGHT

The Bank’s net income from 2016 to 2018 increased by a CAGR of 8.2% as net interest income and non-interest income increased by 13.1% and 3.1%, respectively. However, these improvements in revenues were partly reduced by the higher impairment losses and operating expenses whose 3-year CAGRs were up 7.4% and 11.0%, respectively.

TRADE FINANCE

World trade and international businesses move at a frenetic pace. As part of the global trade and supply chain, Clients need a fast and reliable partner bank to help them meet international trading requirements and compete on a global scale. With its extensive correspondent bank network, BPI is a strategic partner for international trade by providing global funds transfers and international payment solutions to Clients. For quick and convenient transactions, eForms are available for import and export trade:

Letter of Credit Issuance – LC Application

Letter of Credit Amendment – LC Ammendment

Bank Guaranty Application – Bank Guaranty – BG Letter of Undertaking – BG Indemnity Letter 1 – BG Indemnity Letter 2 – Trust Receipt – Conforme Letter – BG Cancellation Letter

Trust Receipt Financing – Trust Receipt

Trust Receipt Amendment- Conversion to Php – Addendum to TR

Export Bills Purchase – Transmittal Letter – Letter of Indemnity for EBP – Bill of Exchange (Exports)

Export Bills for Collection – Transmittal Letter – Bill of Exchange (Exports)

Direct Remittance – Outward Cross-border Remittance Form – Application to Purchase Foreign Exchange

Trade Finance E-Services – Trade Finance E-Services Form