What is IBAN of Philippine Banks?

IBANDo you know what is IBAN or International Bank Account Number of Philippine banks like BDO, BPI, Metrobank, or RCBC? In this article, I hope you’ll find the answer.

As an OFW, you are regularly sending money to the Philippines to support your family in their financial needs. Most people send money through banks while others send their remittances via Western Union and other money transfer companies.

Remittance fees are not cheap, actually it is expensive specially if you send money via money transfer agency. It is the reason why I choose to send money through bank transfer, it costs less than Western Union.

However, you should have a bank account in the Philippines which will be the receiving account of the money that you will send. The only thing you need to do is visit a bank in your area where you are currently working and fill out a remittance form.

In that form, you must know the bank account number and name of the Philippine bank where you’ll send the money, its address and SWIFT code. For SWIFT codes of Philippine banks, click this link to learn more. How about IBAN?

IBAN of Philippine Banks

International Bank Account Number or IBAN is an identifier commonly used by European banks to lessen the risk of transmitting transcription errors when transferring money from one bank to another bank. Philippine banks have no IBAN because it is not a European bank, instead Philippine banks use SWIFT code. SWIFT means Society for Worldwide Interbank Financial Telecommunication.

About the Author:

GilGil Tenorio is a blogger, a husband, a father, and an active Christian. He likes playing guitar, C.S. Lewis, Plants and Zombies and NBA. Follow him at Facebook, Google+, YouTube and Twitter. Thanks!

25 thoughts on “What is IBAN of Philippine Banks?

  1. Dear Mr. Tenorio,

    I like to ask assistance how to know the swift code of the account of my wife. She have an account ni landbank of the Phillippines.

    Thank you and regards

  2. Hi ask ko lang po,nagsend kasi yung bf ko from germany through bank to bank online.. he just asking lang po for the name of the bank and the swift code, the name of the card holder, my adress and the adress also of the bank which is naibigay ko is same as my adress.. hindi po ba magiging sagabal yun? at saka hindi po nya hiningi yung account number ko? tingin nyo po papasok po kaya yun sa account ko kahit na ndi nya hiningi yung account number ng banko ko? salamat..

  3. Hi MBTC team,

    Good day, I would like to know my IBAN no. and my branch is at Fuente Osmena Cebu. Hope you can help me.

    Many Thanks

    J Rutledge

  4. Sir, i would like to make an inquiry if you have data regarding the ff:

    Inter correspondent name of banks in the philippines,
    And inter correspondent bank swift #?
    and the iban # is also required before my payment method for remittance be approved.

    i was asked by the payment method of the needed data above, and i wasnt able to fill the infos.

    To note the inter correspondent bank swift # is different from the bank swift code.

  5. Hi Good Morning i just want to ask?
    One of my friend from Germany is sending me money and he is asking me The
    IBAN-which is International BAnk Account Number
    and he said it contains 15 digits??
    what should i put there ???

    please help thanks..

  6. Hi Gil
    Paano ako makakakuha ng IBAN code mula sa bank account number? Kailangan kong trumansfer ng pera sa Pilipinas.
    Salamat poh sa iyo.

    Regards buhat sa Netherlands

  7. I can tell the person who wrote this article isn’t a banker. First of all, European banks are not the only banks with IBAN numbers. There are many Asian banks that participate in the IBAN network, as there are European banks that operate on the swift network. Each bank has either an IBAN or SWIFT code. These codes are identifiers in the network, which operate on a secure channel for wire and message transferring. Essentially, that code allows the money to arrive at your banks financial center, and not some other bank. Your bank then looks for your account number and deposits the funds.

    So you need two things to make an international wire transfer. 1) IBAN or SWIFT so one bank can transfer securely to another bank, and 2) Account number, name etc so your bank can identify what account to deposit the money into.

    • Incorrect.
      Banks usually have both IBAN and SWIFT.
      They are independent ID numbers , IBAN being a combination of both the SWIFT code and account number and branch number. The SWIFT itself is a code which identified the bank and sometimes more specifically the branch too. The last three digits often are xxx if they don’t identify specific branches.

  8. hi po good afternoon po. ask lang po namin kung ano po ang IBAN ACCOUNT NUMBER po dito sa Pilipinas kasi po magsesend po ng pera yung bf ko from Australia hndi po sya mkapagpdala kc po wala pong IBAN acconut number .. hndi po kc namin alam kung ano po ang IBAN account num. po dito .. ask lang po namin ..

  9. Hi i have an account in bdo….and my friend is sending me from barrain but….the teller ask the ibn number

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