That's why you need the swift code (or the BIC code) of BPI.
What's the official swift code of BPI?
The official swift code (BIC) of BPI is BOPIPHMM.
That swift code applies to all BPI branches. It means BOPIPHMM is the swift code (Bank Identifier code) of all BPI branches all over the Philippines.
What does BOPIPHMM represents?BOPI represents the 4-character bank code. BOPI stands for Bank Of the Philippine Islands.
PH represents the 2-character country code. It stands for Philippines.
MM represents the 2-character location code. It stands for Metro Manila where the Head Office of BPI is located.
Swift code is also known as the BIC or the Bank Identifier Code. It's the international bank code that identifies particular banks worldwide. It's an established international standard for institutions within the financial services industry.
About SWIFT CodeSWIFT is an organization. It stands for Society for Worldwide Interbank Financial Telecommunication. Their job is to assign swift codes to financial and non-financial institutions. The swift codes are used when transferring money between banks. They're also use for communication between banks.
Can you tell us what type of transaction in which you need to enter BPI swift code?