Guide on Swift Code BPI – Bank of the Philippine Islands
SWIFT CODE BPI – Here is a guide on the swift code or the business identifier code (BIC) of the Bank of the Philippine Islands.
The Bank of the Philippine Islands, more popularly called BPI, is one of the biggest, most popular, and most trusted entities in the banking industry. It has several branches nationwide and abroad as well as millions of clients.
BPI has established its name and gained the trust of millions of Filipinos through the years. It also continuously expand its offers which encompass savings and checking accounts, BPI loans, BPI credit cards, and several other investment products.
The clients of BPI include locally employed individuals, self-employed individuals, and overseas Filipino workers (OFWs). Often, its OFW clients send money to their loved ones in the Philippines through BPI. With regards to international money transfers, the swift code or the business identified code is needed.
The swift code is a unique code of a bank for international money transfers. It is usually composed of eight (8) to eleven (11) characters composed of the following:
- four-character bank code
- two-character country code
- two-character location code
- three-character branch identifier which is optional.
With regards to the swift code BPI has for its Manila branch is BOPIPHMMTRY. It is composed of the following:
- Bank Code (4 characters) — BOPI
- Country Code (2 characters) — PH
- Location Code (2 characters) — MM
- Branch Code (3 characters) — TRY
Banks usually have the same code across all branches but it is important to double check it. In the case of the Bank of the Philippines Islands, the swift code BPI has for its Makati branch is BOPIPHMM.
The list of Bank Swift Code 2023 contains unique business identified codes or BICs of popular banks in the Philippines. If you are sending or receiving money from abroad, it is best to know these details.