Existing Business Term Loans in Robinsons Bank frequently asked questions

If your existing business term loan will mature by October 1, 2024, and beyond, your loan account with Robinsons Bank will become a BPI Ka-Negosyo SME Loan account.

To transition your term loan account to a BPI Ka-Negosyo SME Loan account, kindly nominate a BPI deposit account to use as a settlement account (SETA) for your loan payments or open a BPI deposit account at any BPI branch nearest to you by March 31, 2024.

Our BPI Business Banking Contact Center is available to help you in transitioning your account to BPI. You may reach out to email bbclientservices@bpi.com.ph or (02) 7918-2000, press #2 for business loans.

There is no need to fill-out or sign loan documents. The loan documents that you signed with Robinsons Bank will be recognized and honored by BPI.

Your existing business term loan with Robinsons Bank will not become a Ka-Negosyo SME Loan. Kindly settle all outstanding balances with Robinsons Bank on or before your loan maturity.

Once your term loan is changed to a BPI Ka-Negosyo SME Loan, your loan and settlement accounts will become BPI accounts. Your loan payments will be made via automatic debit arrangement (ADA) using your enrolled BPI settlement account (SETA).  Your loan amount, amortization schedule, interest rate, and tenor will remain the same. 

Amortization schedules for your existing business loan account will not change.

Once your account becomes a BPI Ka-Negosyo SME Loan, your loan payments will be made via automatic debit arrangement (ADA) using your enrolled BPI settlement account (SETA).  Please keep your enrolled SETA funded to ensure that payments to your loan account is updated.