Press releases
Nov 22, 2021
Please be advised that due to the General Community Quarantine (GCQ) – Alert Level 2 from November 15, 2021 to November 30, 2021, we will follow the following early cut-off schedule:
Checks
Check Clearing - Our cut-off* will be at 11:30 AM, except for the following branches:
| Branches | Clearing Cut-off | |
|---|---|---|
| From | To | |
| BPI Macapagal Meridian | 10:00am | 10:30am |
| BPI Glorietta Mall Ground Level | 10:00am | 10:30am |
| BPI The Residences At Greenbelt | 10:00am | 10:30am |
| BPI Ayala-NEX-Tower | 10:00am | 10:30am |
| BPI Greenhills Vmall | 9:30am | 10:00am |
| BFSB Legaspi Amorsolo | 10:00am | 10:30am |
Remittance
- RTGS - 12:00 NN
- GSRT/PDDTS - 11:00 AM
- Outward Non-Trade - 3:00 PM
- PESONet - 12:00 NN
RTGS (Real-time Gross Settlement) - Interbank PHP to PHP Transfers
GSRT (Gross Settlement Real-Time) - Interbank USD to USD Transfer
PDDTS (Philippine Domestic Dollar Transfer System) - End of day settlement
PESONet - 50K above transactions to non-BPI
Global Markets
- Forex (For Retail Clients) - 9:00 AM to 4:00 PM (PST)
- FX Bonds - 9:00 AM to 3:00 PM (PST)
- Online Forex - 9:30 AM to 9:30 PM (PST), Mondays to Fridays, except holidays and weekends
FOREX includes servicing buy and sell transactions of these currencies:
- US Dollar (USD)
- Euro (EUR)
- Hong Kong Dollar (HKD)
- Australian Dollar (AUD)
- British Pound (GBP)
- Japanese Yen (JPY)
- Singapore Dollar (SGD)
- Canadian Dollar (CAD)
- Swiss Franc (CHF)
- Chinese Yuan (CNY)
FX Bonds include buy and sell transactions of ROPs and corporate bonds.
Online FOREX can only service conversion of US Dollars to Peso for card-based accounts via BPI Online.
BPI Trade
Trading Hours - 9:30AM - 1:00PM
Transaction Services
Corporate Cash Deposit Machine
1st cut-off - 10:00 AM
2nd cut-off - 2:00 PM
Trade and Supply Chain
Letters of Credit
- Letter of Credit / Standby LC Issuance and Amendment - 10:00 AM
- Bank Guaranty / Endorsement - 12:00 PM
- Negotiation and Settlement - 12:00 PM
Non-Letters of Credit
- Advance Payment / Direct Remittance - 12:00 NN
- Open Account / Document Against Acceptance Booking - 12:00 NN
- Open Account / Documents Against Acceptance / Documents Against Payment Settlement - 12:00 NN
Trust Receipt
- Trust Receipt Booking/Import Bills Payment - 12:00 NN
- Trust Receipt Settlement - 12:00 NN
Exports - Inward Remittance (CPO) - 2:00 PM
Exports - Nego - 11:00 AM
Exports - Payments - 12:00 NN
Final Duties - 3:00 PM
Supply Chain (Receivable Finance/Supplier Finance) - 12:00 NN
Outsourced Printing of Manager's Checks and Corporate Checks - 1:00 PM
BizLink
Pay Non-BPI - 8:00 AM to 12:00 NN
Pay Foreign - 8:00 AM to 12:00 NN
Updated on November 22, 2021
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| BPI is regulated by the Bangko Sentral ng Pilipinas