Updated Oct 13, 2018
Here’s a list of BDO correspondent banks for Filipinos, OFWs and other persons abroad who want to send money to the Philippines through a WIRE TRANSFER or TELEGRAPHIC TRANSFER to a BDO account.
In many cases, wire transfers or telegraphic transfers are more expensive than other remittance or money transfer services, so if there are no valid reasons why you need to use wire transfers, check if there are other ways to send money to the Philippines in your place of work, business or residence.
Accredited money transfer services could be cheaper, and also faster, and at the same time as secure and as safe as the banks.
If you’re sending to a BDO client, you can check if there are BDO Remit partners or BDO remittance agents in your area.
Other options are MoneyGram and Wells Fargo ExpressSend, which are both BDO partners. You can also use Western Union, but use it only if you’re depositing to a BDO account, and not for cash pickup at a BDO branch.
If you need to use a WIRE TRANSFER to send money to a BDO account, you need the following information:
- BDO Swift Code is BNORPHMM. This is used for all BDO branches around the Philippines.
- Name of your recipient, spelled exactly the same as the name on his/her BDO account
- BDO account number of your recipient
- Address of your recipient
- Address of the BDO branch of your recipient (some banks require complete address; others require just the country and city)
- Your name
- Your address
- Your bank account number (Most banks require that you have an account with them before you can send a wire transfer.)
- Amount to be sent
- Telephone numbers of both sender and recipient (required by some banks)
Note about BDO routing code:
If your bank abroad requires a BDO routing code, tell them that the Swift code is enough, as all wire transfers to BDO pass through one BDO branch (the Metro Manila BDO branch that handles wire transfers).
BDO Correspondent Banks
|New York||Citibank NA||U.S. Dollars|
|New York||Deutsche Bank Trust Company Americas||U.S. Dollars|
|New York||JPMorgan Chase Bank NA||U.S. Dollars|
|New York||Standard Chartered Bank||U.S. Dollars|
|New York||The Bank of New York Mellon||U.S. Dollars|
|New York||Wells Fargo Bank||U.S. Dollars|
|San Francisco||Bank of America NA||U.S. Dollars|
|London||Barclays Bank PLC||British Pounds|
|London||HSBC Bank PLC||British Pounds|
|London||Citibank NA||Swiss Francs|
|Frankfurt||Deutsche Bank AG||Euros|
|Frankfurt||Standard Chartered Bank (Germany) GmbH||Euros|
|Melbourne||Australia and New Zealand Banking Group Ltd.||Australian Dollars|
|Tokyo||Standard Chartered Bank||Japanese Yen|
|Tokyo||Wells Fargo Bank||Japanese Yen|
|Singapore||Oversea-Chinese Banking Corp. Ltd.||Singaporean Dollars|
|Hong Kong||Banco De Oro Unibank Inc. Central||Hongkong Dollars|
Here are the Swift Codes or BIC Codes for the banks above:
|Correspondent Bank||Swift Code or BIC Code|
|Citibank, New York||CITI US 33|
|Deutsche Bank, New York||BKTR US 33|
|JPMorgan Chase, New York||CHAS US 33|
|Standard Chartered, New York||SCBL US 33|
|Bank of New York Mellon, New York||IRVT US 3N|
|Wells Fargo, New York||PNBP US 3N NYC|
|Bank of America, San Francisco||BOFA US 6S|
|Barclays Bank,London||BARC GB 22|
|HSBC, London||MIDL GB 22|
|Citibank, London||CITI GB 2L|
|Deutsche Bank, Frankfurt||DEUT DE FF|
|Standard Chartered, Frankfurt||SCBL DE FX|
|Australia and New Zealand, Melbourne||ANZB AU 3M|
|Standard Chartered, Tokyo||SCBL JP JT|
|Wells Fargo, Tokyo||PNBP JP JX|
|Oversea-Chinese Banking, Singapore||OCBC SG SG|
|Banco De Oro, Hong Kong||BNOR HK HH|
BIC means Bank Identifier Code. This is the code for the bank in financial transactions done through telecommunication systems.
The Swift Code consists of 8 or 11 characters. SWIFT refers to Society of Worldwide Interbank Financial Telecommunication, an organization that assigns codes to track wire transfers.
Note: I removed Royal Bank of Canada (Toronto) from the list; I no longer see it on the list on BDO’s website.
BDO Kabayan Savings, BDO Remit Cash Card for OFWs
Use of BDO Kabayan ATM and BDO Debit ATM Cards Outside the Philippines
BDO Remittance Partners in London, England, Other Cities
BDO Remittance from Australia — Money Transfer to the Philippines