The document lists 26 banks that participate in InstaPay ACH as of May 31, 2019. It divides the participants into two categories: those that can send and receive payments, and those that can only receive payments. The largest local commercial banks such as BDO, BPI, Metrobank, and PNB are in the send/receive category, while several rural banks, microfinance institutions, and newer digital payment firms are in the receive-only listing.
The document lists 26 banks that participate in InstaPay ACH as of May 31, 2019. It divides the participants into two categories: those that can send and receive payments, and those that can only receive payments. The largest local commercial banks such as BDO, BPI, Metrobank, and PNB are in the send/receive category, while several rural banks, microfinance institutions, and newer digital payment firms are in the receive-only listing.
The document lists 26 banks that participate in InstaPay ACH as of May 31, 2019. It divides the participants into two categories: those that can send and receive payments, and those that can only receive payments. The largest local commercial banks such as BDO, BPI, Metrobank, and PNB are in the send/receive category, while several rural banks, microfinance institutions, and newer digital payment firms are in the receive-only listing.
The document lists 26 banks that participate in InstaPay ACH as of May 31, 2019. It divides the participants into two categories: those that can send and receive payments, and those that can only receive payments. The largest local commercial banks such as BDO, BPI, Metrobank, and PNB are in the send/receive category, while several rural banks, microfinance institutions, and newer digital payment firms are in the receive-only listing.
1. Asia United Bank Corporation 1. Bangko Mabuhay (A Rural Bank), Inc. 2. Bank of Commerce 2. Bank of the Philippine Islands 3. BDO Unibank, Inc. 3. CTBC Bank (Philippines) Corporation 4. BPI Direct BanKO, Inc., A Savings Bank 4. Development Bank of the Philippines 5. China Bank Savings, Inc. 5. ING Bank N.V. 6. China Banking Corporation 6. Isla Bank (A Thrift Bank), Inc. 7. Dungganon Bank (A Microfinance Rural Bank), Inc. 7. OmniPay, Inc. 8. East West Banking Corporation 8. Partner Rural Bank (Cotabato), Inc. 9. Equicom Savings Bank, Inc. 9. PayMaya Philippines, Inc. 10. G-Xchange, Inc. 10. Philippine Business Bank, Inc., A Savings Bank 11. Land Bank of the Philippines 11. Philippine Trust Company 12. Malayan Bank Savings and Mortgage Bank, Inc. 12. Philippine Veterans Bank 13. Maybank Philippines, Inc. 13. UCPB Savings Bank, Inc. 14. Metropolitan Bank and Trust Company 14. Wealth Development Bank Corporation 15. Philippine Bank of Communications 15. Yuanta Savings Bank Philippines, Inc. 16. Philippine National Bank 17. Philippine Savings Bank 18. PNB Savings Bank 19. RCBC Savings Bank, Inc. 20. Rizal Commercial Banking Corporation 21. Robinsons Bank Corporation 22. Security Bank Corporation 23. Sterling Bank of Asia, Inc. (A Savings Bank) 24. Sun Savings Bank, Inc. 25. Union Bank of the Philippines 26. United Coconut Planters Bank