If you’re working as a freelancer or have dealt with foreign clients, you might already be familiar with online payment systems such as PayPal and Payoneer.
Opening a PayPal account is easy and free; the hard part is connecting your account to your local bank so that you will receive your hard-earned dollars here in the Philippines. New users will have to input the correct PayPal bank codes for their local bank before they can withdraw their money.
That is why we’ve come up with this complete list of PayPal bank codes and SWIFT codes. You will need these codes for withdrawing your money from PayPal to your local bank, as well as international wire transfers and other bank transactions.
BRSTN
The Bank Routing Symbol Transit Number (BRSTN) is a 9-digit code that identifies the name, city and country of a bank. It’s the most commonly used bank identifier code used among Philippine banks for transferring funds.
PayPal users are required to enter the BRSTN when linking their PayPal account to their local bank.
SWIFT Code
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) code, also known as Bank Identifier Code (BIC), is an international code for identifying banks. The SWIFT code is made up of the institution or bank code (4 letters), country code (2 letters), location code (2 letters or digits), and an optional local branch code (3 characters).
PayPal Bank Codes
Below is a table of banks in the Philippines and their corresponding BRSTN or PayPal bank codes and SWIFT codes. To avoid inconvenience, please contact your bank to verify that its bank code is correct and accurate before using it for your transactions.
If your bank is not on the list, it means that either your bank or PayPal doesn’t allow fund transfers, so you cannot withdraw your money to that bank.
| BRSTN/Bank Code | Bank Name |
|---|---|
| 010040018 | BANK OF THE PHILIPPINE ISLANDS |
| 010050011 | THE STANDARD CHARTERED BANK |
| 010060014 | HK AND SHANGHAI BANKING CORP. |
| 010070017 | CITIBANK, N. A. |
| 010080010 | PHILIPPINE NATIONAL BANK |
| 010090039 | PHILIPPINE TRUST COMPANY |
| 010100013 | CHINA BANKING CORPORATION |
| 010110016 | PHIL. BANK OF COMMUNICATIONS |
| 010120019 | BANK OF AMERICA, NAT'L. ASS'N. |
| 010140015 | SECURITY BANK CORPORATION |
| 010220016 | MAYBANK PHILS.,INC. |
| 010269996 | METROPOLITAN BANK AND TRUST CO |
| 010270341 | UNITED OVERSEAS BANK PHILS. |
| 010280014 | RIZAL COMMERCIAL BANKING CORP. |
| 010299995 | UNITED COCONUT PLANTERS BANK |
| 010330016 | PHILIPPINE VETERANS BANK |
| 010350025 | LAND BANK OF THE PHILIPPINES |
| 010419995 | UNION BANK OF THE PHILIPPINES |
| 010440016 | BANK OF COMMERCE |
| 010460012 | BANK OF TOKYO-MITS., LIMITED |
| 010470992 | PHILIPPINE SAVINGS BANK |
| 010530667 | BANCO DE ORO UNIBANK, INC. |
| 010560019 | MEGA INTL COMML BANK CO. LTD |
| 010590018 | DEVT. BANK OF THE PHILIPPINES |
| 010620014 | EAST-WEST BANKING CORPORATION |
| 010640010 | MIZUHO BANK,LTD. |
| 010650013 | DEUTSCHE BANK |
| 010670019 | BANGKOK BANK PUBLIC CO., LTD. |
| 010690015 | CTBC BANK (PHILIPPINES) CORP. |
| 010700015 | AUSTRALIA & NEW ZEALAND BANK |
| 010710018 | KEB HANA BANK |
| 010720011 | JPMORGAN CHASE BANK |
| 020780012 | FIRST CONSOLIDATED BANK |
| 010960017 | EQUICOM SAVINGS BANK, INC. |
| 011020011 | ASIA UNITED BANK |
| 011070016 | ROBINSONS BANK CORPORATION |
| 011129996 | CHINA BANK SAVINGS, INC. |
| 011130011 | YUANTA SAVINGS BANK |
| 011140014 | BANK OF CHINA |
| 011190019 | STERLING BANK OF ASIA |
| 011280013 | SUMITOMO MITSUI BANKING CORP. |
| 011300016 | SHINHAN BANK |
| 011310019 | INDUSTRIAL BANK OF KOREA |
If you think that any of the information above is incorrect, please inform us by commenting below.
