a. Faster
Reduce processing turnaround time.
b. Efficient
Save on travel and courier costs.
c. Convenient
Deposit checks within your office premises.
Benefits
Nationwide collection
Allows collection to be serviced and deposited out of BPI’s branches through collection machines, accredited service providers, and remittance partners.
BPI machines within your office
These alternative collection options provide your office BPI machines that can be used to efficiently sort and deposit both cash and checks.
Services
Remote Deposit Capture
BPI provides your company with a check scanner that allows you to scan and deposit your checks remotely from your office premises.
Corporate Cash Deposit Machine
Deposit your cash collections at your own office. This solution enhances your team’s productivity by removing manual cash sorting and counting.
Deposit Pick-Up Service
Schedule the pick-up of your cash and check items by armored car from your sites or offices for direct deposit to your designated settlement account.
Motorized Check Collection
BPI, through its accredited service provider, can deploy motorized messengers to service the pick-up of check collections.
Remit-to-Account
Allow your branches to remit their daily cash collections directly to your account even beyond banking hours, on weekends, and holidays.
Frequently asked questions
Why do I need to get remote deposit capture?
What types of checks are eligible for remote deposit capture?
The remote deposit capture can only scan Php-denominated and current-dated checks.
When will the funds be credited?
Checks scanned before 12 NN will be credited on the settlement account within the day. Checks may not be scanned from 12 NN to 5:00 PM. For checks scanned after 5:00 PM, they will be credited on the next banking day.
How do I submit the scanned checks?
BPI will be collecting them via accredited couriers twice a week.
Can I deposit other currencies with the corporate cash deposit machine?
Currently, the corporate cash deposit machine only accepts Php bills. We are currently upgrading it so that USD and other currencies can be accepted.
Related information
Manning Payroll Solution
Efficiently manage payroll processing with our payroll solution.
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Digital Collection and Payment Solutions
Providing your company with different digital channels that are secure and reliable.
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Liquidity Solutions
Reconcile bank statements and transfer funds between your company’s different accounts.
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| Deposits are insured by PDIC up to ₱1 Million per depositor. BPI is regulated by the Bangko Sentral ng Pilipinas