Bpi Remittance Corp

What Bpi Remittance Corp does

Bank of the Philippine Islands (BPI), founded in 1851 and headquartered at Ayala Triangle Gardens Tower 2 in Makati City, is the oldest bank in the Philippines and an acknowledged industry pillar in Philippine financial services. BPI is a publicly traded universal bank regulated by Bangko Sentral ng Pilipinas (BSP) and a member of the Philippine Deposit Insurance Corporation (PDIC), with deposits insured up to ₱1 million per depositor. It operates across four horizontal segments — Personal Banking (deposits, cards, investments, insurance, loans), Wealth Management (BPI Wealth, including international subsidiaries in Hong Kong and Singapore), SME Banking (Ka-Negosyo: loans, cashflow management, insurance), and Institutional Banking (cashflow, business transactions, employee care, financing, investments, asset protection) — and holds a wholly owned European banking subsidiary (BPI Europe).

The platform is delivered through a multi-channel architecture: an extensive domestic branch and ATM network (at least 100 branches have been converted to clean energy), the BPI Mobile Banking App distributed across the iOS App Store, Google Play, and Huawei AppGallery, a web-based online banking portal at online.bpi.com.ph, and dedicated enterprise relationship managers for institutional clients. Supporting modules include VYBE, a digital banking feature for mobile-first financial management, and sub-brands such as BPI Wealth and BPI Europe. The technology stack is described in general terms as digital banking platforms and mobile applications; no proprietary AI/ML capabilities, APIs, or SDKs are disclosed.

BPI's revenue model follows the traditional universal-bank model: net interest income from loans and deposits, transaction and fee income across banking services, and fee-based wealth management revenue. Pricing is not publicly disclosed and is framed as determined by BSP regulation and individual account terms. Distribution is omnichannel — physical branches and ATMs for in-person banking, self-serve mobile and web for digital customers, and direct enterprise sales for institutional accounts — supported by organic social, app store, and content marketing channels. The company celebrated its 175th anniversary in 2026, reflecting a long compounding operating history and diversified, multi-segment customer base across the Philippines, Southeast Asia, East Asia, and Europe.

Name

Bpi Remittance Corp

Legal name

Bank of the Philippine Islands

Website

https://bpiexpressonline.com

Company type

Public

Founded year

1851

Operating status

Operating

Headcount range

11–50 employees

Short description

Bank of the Philippine Islands (BPI), founded in 1851, is the oldest bank in the Philippines, offering personal, wealth, SME, and institutional banking via branches, ATMs, a multi-platform mobile app, and international wealth subsidiaries in Hong Kong, Singapore, and Europe.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Finance and Insurance (52)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Deposit Operations (Account Maintenance, Fees, Reconciliations) (FSABALAE)

akta.pro secondary industries

Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD), Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)

Keywords

• Retail banking services
• Wealth management
• SME banking
• Institutional banking
• Mobile banking

Headquarters

HQ city

Milpitas, California

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Banking Services Revenue: BPI generates revenue through traditional banking operations including interest income from loans, fee income from banking services, transaction fees, and wealth management services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Bpi Remittance Corp is a financial services entity affiliated with the Bank of the Philippine Islands (BPI), providing banking and remittance services. The associated BPI franchise offers a comprehensive suite of financial services across four segments: Personal Banking (deposits, credit cards, investments, insurance, loans), Wealth Management (premium wealth solutions through BPI Wealth), SME Banking (Ka-Negosyo solutions including loans, cashflow management, and insurance for small and medium enterprises), and Institutional Banking (corporate cashflow, business transactions, employee care, financing, investments, and asset protection). Services are delivered via an extensive branch and ATM network across the Philippines, complemented by digital channels including the BPI Mobile App and online banking portal, with international operations through subsidiaries in Europe, Hong Kong, and Singapore.

Product overview

Bank of the Philippine Islands (BPI) operates a platform-plus-modules banking architecture offering a comprehensive suite of financial services. The core platform encompasses Personal Banking (deposits, credit cards, investments, insurance, loans), BPI Wealth (premium wealth management with international branches in Hong Kong and Singapore), SME Banking (Ka-Negosyo solutions for small businesses), and Institutional Banking (corporate cashflow, transactions, financing, and investments). Supporting modules include the VYBE digital banking feature and BPI Mobile App for multi-platform mobile access. BPI Europe extends international banking services. The ecosystem integrates BPI's sustainability initiatives and financial inclusion programs across all customer segments.

Differentiator

Problem solved

Functional benefit

Brands

• BPI Wealth: Wealth management subsidiary providing financial growth and planning solutions for personal and institutional clients.
• VYBE

Products and services

• Personal Banking

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• PNP (Philippine National Police)coreStrategic or Co-development PartnerBPI partners with the Philippine National Police Anti-Cybercrime Group to strengthen consumer protection, cybersecurity, and community resilience. The partnership formalizes BPI's commitment to fighting financial cybercrimes.
• DisneyflagshipGTM or Marketing PartnerBPI entered a multi-year collaboration with Disney to reimagine everyday banking. BPI became the first bank in the Philippines to bring Disney, Pixar, Marvel, and Star Wars themed banking experiences to customers.
• BPI EuropeminorOthersInternational subsidiary of Bank of the Philippine Islands serving customers in Europe
• BPI WealthcoreOthersWealth management subsidiary of Bank of the Philippine Islands providing financial growth planning and investment solutions
• BPI Wealth Hong KongminorOthersInternational wealth management subsidiary of Bank of the Philippine Islands serving customers in Hong Kong
• BPI Wealth SingaporeminorOthersInternational wealth management subsidiary of Bank of the Philippine Islands serving customers in Singapore
• Bangko Sentral ng Pilipinas (BSP)coreOthersBPI is regulated by Bangko Sentral ng Pilipinas, the central bank of the Philippines, ensuring compliance with banking regulations and consumer protection standards
• PDIC (Philippine Deposit Insurance Corporation)coreOthersBPI is a member of PDIC with deposits insured up to P1 Million per depositor, providing customer deposit protection

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BDO Unibank: The largest bank in the Philippines by assets and BPI's principal domestic competitor, offering a similarly comprehensive suite of personal, SME, and institutional banking services across branch, ATM, and digital channels.
• Land Bank of the Philippines: A state-owned Philippine universal bank with a large branch network particularly in rural areas, competing with BPI in deposits, agricultural/SME lending, and treasury services.
• Security Bank: A mid-to-large Philippine universal bank competing head-to-head with BPI in retail deposits, credit cards, and middle-market corporate banking with a strong digital channel.
• Philippine National Bank (PNB): A major Philippine universal bank with a large branch network and similar personal, commercial, and treasury banking offerings, making it a direct like-for-like competitor to BPI.
• Metropolitan Bank & Trust Company (Metrobank): One of the top universal banks in the Philippines, directly competing with BPI in deposits, consumer loans, credit cards, and corporate banking with comparable multi-channel distribution.
• CIMB Bank Philippines: A digital-led entrant in the Philippine banking market applying the regional CIMB model to deposits, personal loans, and credit cards, competing directly with BPI's retail and digital banking business.
• Rizal Commercial Banking Corporation (RCBC): A Philippine universal bank with a comparable footprint in personal banking, SME lending, and digital banking, competing directly with BPI for the same retail and corporate segments.
• East West Banking Corporation (EastWest Bank): A Philippine commercial bank focused on consumer lending, credit cards, and deposits, directly competing with BPI in the mass-affluent and middle-market retail segments.
• Union Bank of the Philippines (UnionBank): A Philippine universal bank that has positioned itself as a digital-first challenger to incumbents like BPI, competing directly in deposits, payments, and SME lending with a mobile-led platform.

Broad incumbents

• HSBC Philippines: The local subsidiary of a global universal bank competing with BPI in corporate banking, wealth management, and cross-border services for Filipino HNW and institutional clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/talktobpi
• YouTubeyoutube.com/@BPIPH
• Facebookfacebook.com/bpi
• LinkedInlinkedin.com/company/bpi-remittance-corp
• Instagraminstagram.com/officialbpi

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bpi Remittance Corp