Cash and Check Collections

Enjoy additional physical solutions for your important collection needs.

Benefits

Nationwide collection

Allows collection to be serviced and deposited out of BPI’s branches through collection machines, accredited service providers, and remittance partners.

BPI machines within your office

These alternative collection options provide your office BPI machines that can be used to efficiently sort and deposit both cash and checks.

Services

Remote Deposit Capture

BPI provides your company with a check scanner that allows you to scan and deposit your checks remotely from your office premises.

Corporate Cash Deposit Machine

Deposit your cash collections at your own office. This solution enhances your team’s productivity by removing manual cash sorting and counting.

Deposit Pick-Up Service

Schedule the pick-up of your cash and check items by armored car from your sites or offices for direct deposit to your designated settlement account.

Motorized Check Collection

BPI, through its accredited service provider, can deploy motorized messengers to service the pick-up of check collections.

Remit-to-Account

Allow your branches to remit their daily cash collections directly to your account even beyond banking hours, on weekends, and holidays.

BizLink

BizLink is your company’s one-stop shop for all your digital banking needs.

Learn more

Frequently asked questions

Why do I need to get remote deposit capture?

a. Faster
Reduce processing turnaround time.

b. Efficient
Save on travel and courier costs.

c. Convenient
Deposit checks within your office premises.

What types of checks are eligible for remote deposit capture?

The remote deposit capture can only scan Php-denominated and current-dated checks.

When will the funds be credited?

Checks scanned before 12 NN will be credited on the settlement account within the day. Checks may not be scanned from 12 NN to 5:00 PM. For checks scanned after 5:00 PM, they will be credited on the next banking day.