Foreign Exchange, or FX, is the conversion of one currency to another at an agreed upon exchange rate.
Benefits
Competitive foreign exchange pricing
Enjoy competitive foreign exchange rates currencies supported by BPI's strong market presence in the Philippine markets.
Wide array of currencies
USD, EUR, JPY, CNY and other major foreign currencies are readily available for your requirements.
Foreign currencies offered
| Major Currencies | Other Currencies |
|---|---|
| Danish Krone (DKK) Swedish Krona (SEK) |
Customer support
To know more about our FX services, you may contact your Relationship Manager or Treasury Dealer.
You may also send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
Frequently asked questions
What is Foreign Exchange?
Does BPI only deal in US Dollars?
The following currencies are also available for your business requirements:
- Euro (EUR)
- Japanese Yen (JPY)
- Chinese Yuan (CNY)
- Hong Kong Dollar (HKD)
- Australian Dollar (AUD)
- Singapore Dollar (SGD)
- Canadian Dollar (CAD)
- British Pound (GBP)
- Swiss Franc (CHF)
- New Zealand Dollar (NZD)
- Danish Krone (DKK)
- Swedish Krona (SEK)
For currencies not listed above, please call your Relationship Manager or Treasury Dealer.
What are the accepted purposes for Foreign Exchange transactions?
The following purposes are accepted for Foreign Exchange transactions:
- Trade requirements – Imports or Exports
- Non-trade requirements* – Travel, loans, investments, services, professional/management fees, royalties, freight charges
*Including other purposes allowed by the BSP.
I need foreign currencies for my future obligations, how can BPI help me with this?
BPI offers Forward Contracts, a solution that enables you to fix your exchange rate now, for settlement on a specified future date.
To learn more about this and other similar solutions for managing foreign exchange and interest rate exposures, please visit our Derivatives and Hedging Solutions page or speak with your Relationship Manager or Treasury Dealer.
Who should I contact for any questions or inquiries?
For inquiries and comments, send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
Related information
Indicative Foreign Exchange Rates
We have a wide range of foreign currencies available at competitive rates.
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Trade Finance and Services
Comply with global trading standards and succeed in the global market with BPI Trade Finance.
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Outward Remittance
Ensure that your payments reach your business partners anywhere in the world accurately...
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Derivatives and Hedging Solutions
Manage foreign exchange and interest rate risks through our treasury hedging solutions.
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Cashless Payment Acceptance
Expand your market and improve customer experience by going cashless.
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| BPI is regulated by the Bangko Sentral ng Pilipinas