Via BPI's Digital Channels:
1. Go to the BPI Outward Remittance page to send funds now. You can also open your BPI Mobile app, swipe up, and tap BPI Outward Remittance.
2. Fill out the necessary details:
a. Sending details
b. Receiving Bank details
c. Beneficiary Details
3. A confirmation section will appear and you will be required to agree on terms and conditions and encode the preferred email address where you would want to receive the acknowledgement of your transaction.
4. Log in to your BPI Online account.
5. Enter the One-time PIN (OTP) sent to your registered mobile number and click "Proceed".
6. A confirmation message will appear and you will receive an email containing the transaction details.
Via BPI Branches
1. Print the outward remittance application form in three copies, then completely fill out and sign.
2. Visit any BPI branch near you.
3. Provide identification documents and other documents supporting your remittance transaction.
Fast and secure
Funds are debited from your BPI account and credited directly to an international bank account.
Multiple currencies available
Send money in multiple currencies: USD, AUD, GBP, EUR, JPY, SGD, HKD, CAD, NZD, IDR, TWD, INR, CHF, CNY, THB, KRW, NOK, DKK, SEK.
Transparent
Know the fees applied by the correspondent banks.
Low cost
Affordable charges and competitive foreign exchange rates.
Traceable
Ability to track transaction status using Swift GPI.
Convenience
Send money abroad 24/7 via BPI Online or Mobile app.
Discounted fee
Enjoy USD 10 fee (discounted from USD 14) for BPI accountholders who will do an outward remittance transaction via digital channels. Promo runs until June 30, 2024 only.
How to send funds to an international account?
English
File-type
File-size
Reminders on filling out the form:
a. Remitter's information must contain the complete name, address, and BPI account number of the account holder.
b. Transaction Information must contain the currency amount (e.g. CAD 5,000, AUD 10,000, etc.) and purpose of the remittance.
c. Beneficiary's Information must contain the following:
- Complete name and address of the person/entity
- Beneficiary bank account number of the person/entity
- International Bank Account Number (IBAN) for payments bound to European countries and some non-European IBAN countries
d. In the Beneficiary bank fields, provide the following information:
- Name and address of the beneficiary bank
- SWIFT Code of the beneficiary bank
- Fedwire or Chips ABA routing number for beneficiary banks in the United States; BSB number for beneficiary banks in Australia; Transit number for beneficiary banks in Canada; Sort code for beneficiary banks in the UK
e. For Correspondent Bank charges, please specify who will shoulder the correspondent bank charge.
What is BPI Outward Remittance?
BPI Outward Remittance Account is a fast and affordable way of sending money from a BPI account to an international bank account. Transactions may be done using BPI Online and Mobile App or at BPI branches nationwide.
Who can send funds to international accounts?
BPI clients with a savings or checking account and are enrolled in online banking.
What are the currencies available?
Via Branch:
The following currencies are accepted if source accounts are PHP and FCDU: USD, AUD, GBP, EUR, JPY, SGD, HKD, CAD, and NZD
If the source account is in USD and PHP, the following currencies are also accepted: IDR, TWD, INR, CHF, CNY, THB, KRW, NOK, DKK, SEK
Via Digital Channels:
For transactions using digital channels, the following currencies are accepted for both USD and PHP source accounts: USD, CAD, AUD, EUR, GBP, SGD, HKD
In addition, for USD as source account, the following currencies are also accepted: IDR, TWD, INR, CHF, CNY, THB, KRW, NOK, DKK, and SEK
What can I do if I want to send currency that is not in the list? (ex. SAR, Dirham etc.)
If BPI does not offer the intended currency, you can send the transaction in USD currency, and funds will be debited from your PESO or FCDU account.
Note: Ensure that the receiving bank can accept USD currency.
What is the allowed maximum amount per transaction for BPI Outward Remittance via online and mobile app?
The maximum amount per transaction is USD 10,000.00/Php 500,000.00. However, it is still subject to the receiving Bank’s maximum amount per transaction limit.
