Important Advisory: Integration of RBank Retail UITF Accounts with BPI Wealth

Dear Valued Client,

We are delighted to welcome you to BPI Wealth.

Following the successful merger of Robinsons Bank (RBank) and Bank of the Philippine Islands (BPI) on January 1, 2024, BPI Wealth has received the RBank trust business from BPI and is now managing the trust, agency, and other fiduciary accounts of RBank. This creates opportunities to deliver enhanced wealth management services to you.

As we work through the integration, our team will ensure a seamless transition and delivery of uninterrupted service. There shall be no immediate changes to the arrangements regarding your RBank Unit Investment Trust Fund (UITF) accounts. You may continue to transact through the usual RBank channels. Rest assured that we will provide you further updates.

At BPI Wealth, our commitment is to provide you with best-in-class asset and wealth management solutions that empower you to live your best life.

We are grateful for your trust. 

Maria Theresa D. Marcial

President and CEO

Disclosure:

Unit Investment Trust Funds (UITFs) are NOT DEPOSIT products and are not an obligation of, or guaranteed, or insured by BPI Wealth or Bank of the Philippine Islands (BPI) or its affiliates or subsidiaries, and are not insured by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of the investment, yield and potential yields cannot be guaranteed. Any income or loss arising from market fluctuations and price volatility of securities held by a UITF, even if invested in government securities, is for the account of the investor/trustor. As such, units of participation of the investor/trustor in a UITF, when redeemed, may be worth more or be worth less than his/her initial participation/contribution. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. BPI Wealth is not liable for losses, other than due to willful default, evident bad faith or gross negligence. Investors are advised to read the Declaration of Trust of the relevant UITF before deciding to invest. 

For inquiries and comments, please send us a message by visiting the BPI or BPI Wealth website and click the Contact Us page. You may also call our 24-hour BPI Contact Center at (+632) 889-10000.

BPI is regulated by Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph