Saturday, August 8, 2009

Philippine Bank Codes

If you are a PayPal merchant (or planning to be one) and are trying to figure out how to take your money out of their system, you have basically two choices: have it transferred to your local bank account, or to have it credited to your credit card. Most people would prefer the former.

To do a bank transfer, go to your PayPal merchant profile page and set up a bank account to receive payments into. You might be puzzled when you see it prompting for your 9-digit bank code. This guy made an impressive list of Philippine bank codes and I'm quoting it here for convenience:

ALLIED BANKING CORP--- 010320013
ASIA UNITED BANK --- 011020011
BANGKO SENTRAL NG PILIPINAS --- 010030015
BANCO DE ORO (& EPCIB) --- 010530667
BANK OF COMMERCE --- 010440016
BANK OF THE PHIL ISLANDS --- 010040018
CHINA BANKING CORP --- 010100013
CHINA TRUST COMML BANK --- 010690015
CITIBANK N.A. --- 010070017
DEVT BANK OF THE PHILS --- 010590018
EAST WEST BANK --- 010620014
EXPORT & INDUSTRY BANK --- 010860010
LAND BANK OF THE PHILS --- 010350025
MAYBANK OF THE PHILS --- 010220016
METROBANK --- 010269996
PHIL BANK OF COMMUNICATION ---010110016
PHIL TRUST COMPANY --- 010090039
PHIL NATIONAL BANK --- 010080010
PRUDENTIAL BANK --- 010150018
PHIL VETERANS BANK --- 010330016
SECURITY BANK & TRUST CO --- 010140015
STANDARD CHARTERED BANK --- 010050011
UNITED COCONUT PLANTERS BANK --- 010299995
UNION BANK OF THE PHILS --- 010419995
UNITED OVERSEAS BANK --- 010270189

I'm adding the following which I gathered from Citibank Online:

Rizal Commercial and Banking Corp (RCBC) --- 010280014
Hongkong & Shanghai Banking Corp (HSBC) --- 010060014
Deutsche Bank --- 010650013

I'm not really sure what the leading zero is for. But taking Deutsche Bank for example, '1065' is actually the bank code while '0013' is the branch code. For some reason, it doesn't seem important what is the exact branch code of your account as they seem to be using only one 'branch code' for funds transfer purposes bank-wide. So as long as you enter the correct bank account number along with the codes above, it will get routed correctly.

Dragonpay is a PayPal Channel Partner in the Philippines and we can integrate PayPal payments into our consolidated payment screen.

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