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I was thinking this information might be of help since just recently i’ve been adding a bank account for paypal but was stumbled on the Bank Code, Branch Code and Swift Code entries.
Hopefuly the details below would help you adding your bank account either on your alertpay or paypal accounts.
SWIFT is the abbreviation of the Society for Worldwide Interbank Financial Telecommunication. It is a unique 8-11 alphanumeric characters to standardize international financial institution in SWIFT network. It is also known as BIC (Bank Identifier Code) which is the coding use in transferring money bank accounts globally.
It was created in 1973 and was supported by 239 banks in 15 countries. The mission is to have a shared worldwide data processing and common protocol for international financial transactions. Members of the SWIFT has its own ID number called the BANK SWIFT CODE assign to them.
SWIFT CODE is the banking route for money remittance – sending and receiving internationally, easily.
Here’s the list of the SWIFT code for Philippine banks. They are particularly useful if you want to add your bank account to you AlertPay and MoneyBookers account:
Bank Name Swift Code Allied Banking Corporation ABCMPHMM American Express Bank Philippines AMEXPHMM Banco de Oro Universal Bank BNORPHMM Bank of China Manila Branch BKCHPHMM Bank of Commerce PABIPHMM Bank of the Philippine Islands BOPIPHMM China Banking Corporation CHBKPHMM Development Bank of the Phil. DBPHPHMM East West Banking Corporation EWBCPHMM Equitable PCI Bank PCIBPHMM Hong Kong and Shanghai Bank HSBCPHMM International Comm Bank of China ICBCPHMM International Exchange Bank INXBPHMM Land Bank of the Philippines TLBPPHMM Maybank Philippines Incorporated MBBEPHMM Metropolitan Bank & Trust Co. MBTCPHMM Philippine Bank of Communications CPHIPHMM Philippine National Bank PNBMPHMM Philippine Veterans Bank PHVBPHMM Philtrust Bank PHTBPHMM Prudential Bank PILBPHMM Rizal Commercial Banking Corp RCBCPHMM Security Bank and Trust Corp SETCPHMM Standard Chartered Bank SCBLPHMM Union Bank of the Philippines UBPHPHMM United Coconut Planters Bank UCPBPHMM United Overseas Bank Philippines UOVBPHMM Prudential Bank PILBPHMM Rizal Commercial Banking Corp RCBCPHMM Security Bank and Trust Corp SETCPHMM Standard Chartered Bank SCBLPHMM Union Bank of the Philippines UBPHPHMM United Coconut Planters Bank UCPBPHMM United Overseas Bank Philippines UOVBPHMM For the BRANCH CODE, the first 3 digits of your bank account is usually the branch code. To be sure, you can ask your bank about it.
For Bank Code List. Click Here!
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Lyndon Dave Ardimer
Admin – Founder
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