There are BPI correspondent banks in Saudi Arabia and other parts of the Middle East for OFWS sending money to the Philippines. BPI has partnered with these banks so that you can send money through them.
To send money to your family or any recipient in the Philippines:
1. Go to any of the following banks, and apply for a Wire Transfer.
Wire Transfer is sometimes called telegraphic transfer, bank to bank money transfer, or SWIFT transfer.
2. Fill out the wire transfer form. You will write:
- Name of Recipient
- Name of Recipient Bank: BPI or BPI Family
- Name of Branch and Address of Branch
- BPI or BPI Family Account Number
- BPI SWIFT Code or Address: BOPIPHMM
*Use the same SWIFT Code for BPI Family.
*SWIFT means Society for Worldwide Interbank Financial Telecommunication.
*SWIFT is the same as BIC – Bank Identifier Code.
BANK CHARGES:
- You will pay a Transfer Fee to the Correspondent Bank.
- BPI also charges a Service Fee:
-between 150 to 200 pesos for deposit to a peso account
-$6.50 for deposit to a dollar account
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The following are the BPI correspondent banks and their SWIFT Codes. You need a correspondent bank’s SWIFT Code if you’re far from a correspondent bank and you make a wire transfer in a non-BPI-correspondent bank. In this case, the transfer of funds would be from the non-correspondent bank to the correspondent bank and then to BPI.
SAUDI ARABIA (updated Sep 22 2014)
Al Rajhi Bank RJHISARI
Al Inma Bank INMASARI
Bank Al Bilad ALBISARI
Banque Saudi Fransi BSFRSARI
JPMorgan Chase Bank NA Riyadh CHASSARI
National Commercial Bank NCBKSAJE
Samba Financial Group SAMBSARI
Saudi Hollandi Bank AAALSARI
Saudi Investment Bank SIBCSARI
UNITED ARAB EMIRATES UAE
ABN Amro Bank N.V ABNAAEAD
Abu Dhabi Islamic Bank ABDIAEAD
BNP Paribas BNPAAEAA
Dubai Islamic Bank DUIBAEAD
HSBC Bank Middle East Dubai BBMEAEAD
Mashreqbank PSC BOMLAEAD
National Bank of Ras Al-Khaimah NRAKAEAK
Standard Chartered Bank SCBLAEAD
QATAR
Qatar Islamic Bank QISBQAQA
Standard Chartered Bank SCBLQAQX
The Commercial Bank of Qatar, (QSC) CBQAQAQA
KUWAIT
Alahli Bank of Kuwait K.S.C. ABKKKWKW
Bank of Bahrain and Kuwait BBKUKWKW
Commercial Bank of Kuwait SAK COMBKWKW
Gulf Bank Kuwait GULBKWKW
National Bank of Kuwait NBOKKWKW
BAHRAIN
Bank of Bahrain and Kuwait BBKUBHBM
Citibank, N.A. CITIBHBX
Standard Chartered Bank SCBLBHBM
The Bank of Tokyo-Mitsubishi UFJ, LTD BOTKBHBM
OMAN
Bank Muscat S.A.O.G BMUSOMRX
Standard Chartered Bank SCBLOMRX
JORDAN
Arab Bank PLC ARABJOAX
HSBC Bank Middle East Limited BBMEJOAX
LEBANON
Byblos Bank Lebanon BYBALBBX
Credit Libanais SAL CLIBLBBX
Societe Generale de Banque Au Liban SGLILBBX
ISRAEL
Bank Hapoalim POALILIT
Bank Leumi Le Israel LUMIILIT
Israel Discount Bank IDBLILIT
Mercantile Discount Bank, Tel Aviv BARDILIT
INTERNET BANKING:
You can enroll your BPI or BPI Family account in Internet Banking so you can track
your remittance online while you’re abroad. Enroll while you’re in the Philippines because you need to activate your online enrollment in a BPI ATM. Your family members can also enroll their accounts online.
Related Articles:
BDO Kabayan Savings, BDO Remit Cash Card for OFWs
OFWs Can Send Money to the Philippines Thru BDO Remit
BDO Remittance — Send Money from Abu Dhabi to the Philippines
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