Professional Documents
Culture Documents
Bank for International Settlements Committee on Payment and Settlement Systems, A glossary of terms
used in payments and settlement systems (2003), p38
MAJOR PAYMENT
INSTRUMENTS
IN THE
a. Check
A written order from one party (the drawer) to another (the drawee,
normally a bank) requiring the drawee to pay a specified sum on
demand to the drawer or to a third party specified by the drawer.
Ibid., p17
Ibid., p29
4
Ibid., p45
5
Ibid., p36
6
Ibid., p29
3
Checks may be used for settling debts and withdrawing money from
banks.7
In the Philippines, banks exchange checks through the Electronic
Check Clearing System (ECCS) of the Philippine Clearing House
Corporation (PCHC) for processing and settlement through their
demand deposit accounts (DDA) that are maintained with the BSP.
Checks are commonly used by consumers for bills and small value
payments and for businesses for their regular payments such as
purchase of goods and services.
b. Credit Card
A card indicating that the holder has been granted a line of credit. It
enables the holder to make purchases and/or withdraw cash up to a
prearranged ceiling; the credit granted can be settled in full by the end
of a specified period or can be settled in part, with the balance taken
as extended credit. Interest is charged on the amount of any extended
credit and the holder is sometimes charged an annual fee.8
Credit cards in the Philippines are usually issued by the banks which
have formed part of their marketing strategy to increase the number of
their customer base and improve income that can be generated from
retail and consumer business. Credit card use is no longer limited to
the ordinary purchase of goods and services by the cardholders.
Banks have expanded its usage for other purposes such as cash
advance, easy installment plan for purchases, link-up to savings and
checking accounts of cardholders etc. to attract more customers. The
most common credit cards being used are the Visa, MasterCard,
BanKard, JCB, Unicard, Diners Card, and American Express Card.
c. Debit Card
Debit Cards enable the holder to have his purchases directly charged
to funds on his account at a deposit-taking institution (may sometimes
be combined with another function e.g. that of a cash card or check
guarantee card).9
The existing ATM networks (BancNet, MegaLink, ExpressNet,
Nationlink and Encash) have developed their own Point-of-Sale (POS)
System to allow their depositors to pay for their purchases
electronically through their ATMs for credit to the retailers account.
d. Stored Value Card
Ibid., p12
Ibid., p16
9
Ibid., p19
8
Stored Value Cards are prepaid card in which the record of funds can
be increased as well as decreased. Also called an electronic purse.10
In the Philippines, these cards are commonly single use instruments
and non-reusable. Typical examples of single use cards are those
issued by the the Light Rail Transit Authority, Metro Rail Transit
Authority, and telecommunications companies. A bank pioneered also
the use of multi-purpose reloadable e-Cash that can be used for cash
withdrawal through the banks counter or automated teller machines or
payment of bills to the accredited establishment of the e-Cash issuer.
e. Electronic Money
A value stored electronically in a device such as a chip card or a hard
drive in a personal computer.11 Also known as e-money.
The BSP classify e-money further as monetary value stored
electronically in an instrument or device which can be converted back
to cash, and if issued by a bank, shall not be considered as deposit.
Two of the most popular form of e-money in the Philippines are
SMART Money and Globes G-Cash.
WHAT ARE THE MAJOR PAYMENT, CLEARING AND SETTLEMENT
SYSTEMS IN THE PHILIPPINES?
a. Electronic Check Clearing System (ECCS)
Operated by the Philippine Clearing House Corporation, ECCS is the
system used to facilitate the exchange of checks issued by banks for
processing and settlement through their DDAs with the BSP.
b. Electronic Peso Clearing and Settlement System (EPCS)
The Electronic Peso Clearing and Settlement System is an interbank
account-to-account fund transfer system that supports bulk, recurring,
non-time sensitive payment and collection transactions. This is
considered a cost-efficient means of transacting payments and
collections and considered as a robust alternative to check payments.
EPCS is operated by the Philippine Clearing House Corporation.
c. Philippine Domestic Dollar Transfer System (PDDTS)
This system allows online, real time settlement of domestic interbank
US Dollar transfers/trading. In addition, it provides a facility for online
inquiry and settlement of foreign exchange transactions, where the
10
11
Ibid., p47
Ibid., p22
Each RTGS System being operated by a central bank has its own
unique name. BSPs RTGS System is called the Philippine Payments
and Settlements System or PhilPaSS.
WHAT ARE THE BENEFITS OF AN RTGS SYSTEM?
An RTGS system can provide the following benefits:
a. Real time and immediate settlement of payments
b. Mitigation of settlement, credit and liquidity risks
c. Payments are made irrevocable and final
WHO OWNS AND OPERATES PhilPaSS?
The BSP is the owner and operator of the RTGS system commonly
known as PhilPaSS, and it is likewise designated as the settlement bank
or Central Institution for the settlement of transactions that are processed
through the system.
As owner and operator of the PhilPaSS, the BSP is responsible for:
a. Providing, maintaining and upgrading the system including system
hardware and software.
b. Ensuring uninterrupted operations between the System and SWIFT
(the network provider) and adequate Continuity of Business (COB)
plans are in place.
c. Ensuring that adequate back-up files are available for continuous and
efficient operation of the system.
As settlement bank, the BSP through the system is responsible for:
a. Maintenance of a Participants PhilPaSS account wherein all PhilPaSS
transactions and other bank transactions shall be posted during the
PhilPaSS business day.
b. Receiving and authenticating electronic fund transfer instructions from
the participants.
c. Checking if the paying bank has sufficient balances and posting the
debit entry in its DDA and credit entry in the beneficiary banks DDA.
d. Providing feedback to the participants regarding their PhilPaSS
transactions, balances and queries.
WHAT WAS THE SYSTEM BEING USED BY THE BANKS/FINANCIAL
INSTITUTIONS FOR THEIR INTERBANK TRANSACTIONS PRIOR TO
THE IMPLEMENTATION OF PhilPaSS ON DECEMBER 12, 2002?
Prior to December 12, 2002, the banks/financial institutions were using
the Enhanced Multi-transaction Interbank Payment System (MIPS2) for
6
financial
12
Kindly refer to page 22 of this booklet for the complete list of PhilPaSS participants
j.
SWIFT
ALLIANCE
SERVER
BALANCES
(09:00AM)
(9:00AM 5:45PM)
(9:00AM 5:45PM)
ELECTRONIC CASH WITHDRAWAL
BEGINNING
OF DAY
CORE
INTRA-DAY
FINANCIAL
cFAS
ACCOUNTING
SYSTEM (cFAS) TRANSACTIONS
INTERBANK TRANSACTIONS
(RTGS)
CENTRAL
ACCOUNTIN
G SYSTEM
PPS
FRONTEND
SYSTEM
INTERBANK TRANSACTIONS
(90:00AM 5:45PM)
ELECTRONIC CASH WITHDRAWAL
(9:00AM 12:00 NOON)
MEGALINK
ATM TRANSACTIONS
(CAS)
(9:00AM 11:00AM)
PSSC
PAYMENT VS. PAYMENT (USD SALE)
(9:00AM 5:45PM)
BSP BRANCHES
RTGS
REGIONAL CASH
TRANSACTIONS
THIRD
PARTY
OPTION
TRANSACTIONS
(6:00PM)
EFTIS
REVENUE COLLECTIONS
(9:00AM 2:00PM)
PCHC
EPCS/ECCS
INTERNAL TRANS
OTHER TRANS AFFECTING DDA
(3:30pm 4:45PM)
RS6000
AS/400
MT 012 or MT 019
MT 012 = Accepted
MT 019 = Rejected
BANK A
BANK B
MT 202
MT 202
S.W.I.F.T
Society for Worldwide Interbank
Financial Telecommunications
MT 096
MT 097
SWIFT
BSP-HO
ALLIANCE
SERVER
225
AVERAGE
TRANSACTIONS
IN TO CAS
OUT OF CAS
CAS
CENTRAL
ACCOUNTING
SYSTEM
12
OR
MEMBERSHIP
FEES
FOR
14
New Fees
MBR No. 47 (2008)
TYPES OF FEES
A. Transaction fees
1. Interbank (Debits)
2. Payment vs. Payment
3.
4.
5.
6.
(PVP) transactions
PFX
Delivery vs. Payment
(DVP) transactions BTrGS / FIE / Equities
PCHC transactions (Win /
Loss)
ATM Network/MegaLink
transactions
Electronic Fund Transfer
Instruction System
(EFTIS)
7. Customer
Transaction value
IMPLEMENTATION
DATE
Fee per
Transaction
February 1, 2008
1.00 - 100.00
FREE of Charge
101.00 - 500,000
Php 5.00
500,001 - 1,000,000
10.00
February 1, 2008
February 1, 2008
February 1, 2008
February 1, 2008
February 1, 2008
400.00
payments/transfers
8. Manual processing of
inter-bank transactions:
RTGS/EFTIS
B. Other Fees
February 1, 2008
March 2004
February 2012
2. S O A Request (Printout)
March 2004
March 2004
1. (Online) Transaction
inquiries
4. Monthly Access/Connection
Primary
Back-up
Fee
PCHC
MegaLink
PSSC
FREE
FREE
FREE
FREE
FREE
FREE
Electronic Fund
Transfer Instruction
System (EFTIS)
FREE
Phils. Payments
FREE
System-Front End
System (PPS-FES)
6. Administration Fees
15
EFTIS/PPS/SWIFT
a. Registration new
users/profiles
b. Installation of
new/addl
workstations (excl.
SWIFT)
March 2004
P5,000.00/workstation
st
(1 installation is Free of charge)
b. Audit Trail
16
Gridlock Resolution
The system has the capability to initiate gridlock resolution through its
algorithm method every thirty minutes whenever two (2) or more payment
instructions of participants remain unsettled. Payment queues that are
not settled in the initial gridlock resolution will be considered in the next
processing of unsettled payments which will be initiated by the System
every thirty (30) minutes to settle payments on queue during the PhilPaSS
business day.
g. Intraday Liquidity Facility (ILF)
The system also provides the processing of ILF to ensure the
continuous settlement of interbank transactions and to avoid payment
gridlock in the system. Any participant who wishes to avail itself of the ILF
will have to submit the required documentation to obtain approval from the
BSP Treasury Department in coordination with the Bureau of Treasury
(BTr).
Access procedures to BSPs ILF System are provided for under a
separate, independent Memorandum of Agreement (MOA).
HOW PhilPaSS WORKS?
ACTIVITY
Back Value Window
9:00 AM
19
4:45 PM 5:45 PM
5:46 PM - 6:00 PM
6:00 PM
Up to 6:15PM.
PhilPaSS
Closed
Check
Clearing
No
settlement
Treasury
Window
Closed
Open
Normal
Open
Closed
No
clearing
Closed
Closed
No
clearing
Normal
Closed
(Day 2)
Open
1:00PM
Normal
Closed
No
settlement
Open
1:00PM
20
Suspended;
to be
resumed the
following
day at
9:01am to
9:45am
Open
Closed; Day
1
transactions
Non
Reserve
Reserve
(Day 3)
6.
Open
Normal
Open
Normal
(Day 3)
Open
Normal
Open
Normal
will be
moved to
Day 3 (for
value Day 1)
Resumed
from 9:019:45am (for
value Day 1)
Then, 4:455:30 for
same day
transactions
Resumed
from 9:019:45am (for
value Day
1),
Then, Day 2
transactions
suspended
to be
resumed the
following day
from 9:01am
to 9:45am
Resumed
from 9:019:45am (for
value Day
2), then,
4:45pm to
5:30pm for
same day
transactions
Open
bsantos@bsp.gov.ph
eturaray@bsp.gov.ph
- Remedios C. Macapinlac
- Ma. Victoria H. Francisco
- Leticia A. Barroga
302-4191
23
nrigodon@bsp.gov.ph
PhilPaSS PARTICIPANTS
UNIVERSAL BANKS
Name of bank
BIC
ABCMPHMMXXX
AUBKPHMMXXX
Contact person
Melita C. Tan
Isabelita M. Papa
Zita M. Los Baos
ANZBPHMXXXX
Lora E. Lopez
BNORPHMMXXX
Ruby A. Chua
Racquel D. Maago
BOPBPHMMXXX
Oscar C. Pambid
Ramona T. Torres
BKKBPHMMXXX
Phisit Charoenphan
BOFAPH2XXXX
Henry T. Pelaez
BKCHPHMMXXX
Bank of Commerce
PABIPHMMXXX
Wilma M. Escoto
BOPIPHMMTRY
Corazon S. Tumbocon
BOTKPHMMXXX
Julieta D. Taopo
Diana Juguilon
Fernando S. Santos III
CHBKPHMMXXX
Wilfredo L. Sy
David Andrew P.
Valdellon
CTCBPHMMXXX
Oliver D. Jimeneo
CITIPHMXXXX
Joanna S. Paraiso
Vivien I. Lugo
0043ITIPHMXTSU
Gabriel R. Tomas
Wilfredo E. Trinidad
Deutsche Bank AG
DEUTPHMMXXX
Christina I. Lara
HSBCPHMMXXX
ING Bank NV
INGBPHMMXXX
Glenn S. Moneda
Jun C. Santos
Efren Reyes, Jr.
Benjamin A. Rodriguez
Mamerto R. Natividad
CHASPHMMXXX
Irene L. Garcia
Mega International
ICBCPHMMXXX
Dorian Wu
24
Tel. No.
E-mail Address
816-5541
mctan@alliedbank.com.ph
papaim@asiaunited.com.ph
635-0458
losbanoszm@asiaunited.com.ph
818-8117
lopezm@anz.com
840-7000 loc 8200
rac@bdo.com.ph
848-6296
manago_racquel@pb.bdo.com.ph
848-6300 loc. 129
ocp@pb.bdo.com.ph
848-6300 loc. 123
rtt@pb.bdo.com.ph
752-0333
bangkokbank@bbl.com.ph
815-5600
henry.pelaez@bankofamerica.com
885-0111 loc 105/103
bocmnl_actg@bocgroup.com
810-0616
wmscoto@bankcom.com.ph
816-9188
cstumbocon@bpi.com.ph
886-7371 loc 401
juliet_taopo@ph.mufg.jp
886-7415
885-5677
fssantos@chinabank.ph
247-5353
wlsy@chinabank.ph
885-5207
dapvaldellon@chinabank.ph
848-7156
oliver.jimeneo@chinatrust.com.ph
894-7150
tricie.paraiso@citi.com
894-7340
vivien.lugo@citi.com
894-7451
gabby.tomas@citi.com
894-6845
wilfredo.trinidad@db.com
894-6696
christina.lara@db.com
830-8992
mbordonez@eastwestbanker.com
581-7072 / 73
glennmoneda@hsbc.com.ph
530-5443
479-8777
efren.reyes@asia.ing.com
479-8828
banjo.rodriguez@asia.ing.com
878-1169
mert.r.natividad@jpmorgan.com
878-1187
irene.l.garcia@jpmorgan.com
811-5807
KOEXPHMMXXX
Olivia Joves
Maybank Philippines
Incorporated
MBBEPHMMXXX
Esperanza B. Cabreros
Dennis G. Suico
MBTCPHMMXXX
Eduardo C. Ramirez
Angel O. Pagaspas
MHCBPHMMXXX
Philippine Bank of
Communications
CPHIPHMMXXX
PNBMPHMMTOD
Tetsuharu Ishizuna
Angel M. Corpus
Aurora C. Mangerra
Teresita S. Cruz
Josefina T. Fullante
PHVBPHMMXXX
Philtrust Bank
PHTBPHMMXXX
Antonio H. Ozaeta
RCBCPHMMXXX
RBSPPHM1XXX
Sylvia Herrera
SETCPHMMXXX
Belen W. Au
SCBLPHMMXXX
Seow Pang
UBPHPHMMXXX
UCPBPHMMXXX
Bank
Al Amanah Islamic Bank
Development Bank of the
Philippines
Land Bank of the
Philippines
Teofila D. Garces
Vivien L. Macasaet
Mardonio C. Cervantes
Doris Pagsisihan
Arnel A. Valles
icbcphmm@info.com.ph
848-0101 loc 207 & 208
kebmanila@keb.co.kr
848-0101 loc 207 & 208
olivia_joves@keb.co.kr
523-7777 locs. 123
ebcabreros@maybank.com.ph
857-5376
dennis.suico@metrobank.com.ph
898-8940
eduardo.ramirez@metrobank.com.ph
898-3837
angel.pagaspas@metrobank.com.ph
860-3500
tetsuharu.ishizuna@mizuho-cb.com
893-1439
amcorpus@pbcom.com.ph
893-3364
acmangerra@pbcom.com.ph
831-3257
cruzts@pnb.com.ph
526-3040
fullantejt@pnb.com.ph
751-8590
jgnazario@veteransbank.com.ph
524-9061
ptc@philtrustbank.com
894-9036
tdgarces@rcbc.com
894-9886
vilugo@rcbc.com
702-9500 loc. 239
sylvia.herrera@robinsonsbank.com.ph
888-7329
bau@securitybank.com.ph
878-2875
ng.seowpang@.standardchartered.com
638-0323
junc@unionbankph.com
667-6425
drpagsisihan@unionbankph.com
811-9303
aavalles@ucpb.com
Bank
Allied Savings Bank
BIC
ASTBPHM1XXX
Contact person
Jaime L. del Bariio, Jr.
ONSTPHM1XXX
25
Tel. No.
E-mail Address
812-8352
delbarriojrjl@alliedbank.com.ph
924-5685 / 924-5639
mplsalcedo@asiatrustbank.com
tpu@asiatrustbank.com
713-6585
Corp.
BDO Elite Savings Bank
GEMBPHM1XXX
BPDIPHM1XXX
Raul D. Dimayuga
BPFFPHM1XXX
Lucinda M. Peralta
BGTBPHM1XXX
Teresita B. Tan
CENSPHM1XXX
Josephine Ty Chua
Chinabank Savings
MABCPHM1XXX
Rafael V. Acoba
Citibank Savings
CSINPHM1XXX
Belen M. Dulay
Kristine C. Yujeco
City Savings Bank
CTSBPHM1XXX
Linda Flor P. D.
Hortezano
CTYSPHM1XXX
Edgardo O. Olavario
Dumaguete City
Development Bank
DCTBPHM1XXX
Dungganon Bank
DBTBPHM1XXX
Syrel Z. Aplaon
Dorothy Jacinto
ddjacinto@dungganonbank.com
Romali S. Yango
ESBBPHM1XXX
Racquel G. Robillos
FIOOPHM1XXX
Sereno S. Sarabia
GSISPHM1XXX
Reynan B. Montojo
HSBSPHM1XXX
Glenn S. Moneda
HBTBPHM1XXX
Marilyn R. Cruz
Isla Bank
ISTHPHM1XXX
Elsie R. Peol
LUDVPHM1XXX
Tita O. Isleta
MAARPHM1XXX
MRCBPHM1XXX
Marilyn F. Suarez
MXTBPHM1XXX
OPDBPHM1XXX
PATBPHM1XXX
Rosario B. Aotriz
bankone_tsy@tri-isys.com
777-8686
arlene.agustin@ge.com
845-5304
rddimayuga@bpi.com.ph
754-6743
lmperalta@bpi.com.ph
722-8714
JCSY@bpi.com.ph
910-4780 to 87
centurybank@globelines.com.ph
864-5067 / 988-5555 loc.8785
rvacoba@manilabank.com
423-6641
belen.m.dulay@citi.com
995-9259
paw.yujeco@citi.com
(032)412-1747
lhortezano@citysavings.com.ph
6374195
eoolavario@citystatesavings.com
(035)225-3891 / 225-3892 /
422-9223 -94
dcdbank@globelines.com.ph
(034)432-3720 loc 112
szaplaon@dungganonbank.com
Eric A. Mondragon
Penbank (A Private
Development Bank)
PBTBPHM1XXX
Brainard F. Rapisora
PPBUPHM1XXX
Alice P. Rodil
PHPSPHM1XXX
Reynaldo C. Eustaquio
PHLSPHM1XXX
Noli S. Gomez
Jay S. Velasco
Herman C. Salazar
Planters Development Bank PLDEPHM1XXX
Linda C. Yu
26
robillos@equicomsavings.com.ph
(038)411-5045
rss@greendot.com.ph
706-0477
rbmontojo@gsisfamilybank.com
581-7072 / 581-7073
glennmoneda@hsbc.com.ph
(044)641-1747
hiyasbank@yahoo.com
840-4014 / 840-4007
erpeol@islabank.com
896-2655 / (049)531-3700
toisleta@luzondevbank.com.ph
840-1811
treasury@malayanbank.com.ph
894-9000 loc 1290
mfsuarez@rcbc.com
(043)287-3480
Ltaotjo@maxbank.com.ph
584-1492
mbantazo@optimum.com.ph
rose.aotriz@pacific-ace.com
(048)433-2489
head.office@thepalawanbank.com
(083)552-8788
bfrapisora@penbank.com.ph
363-3333 loc.2004
rodil_ap@pbb.com.ph
527-9570
postalbank.treasury@gmail.com
885-8241
nsgomez@psbank.com.ph
885-8367
jsvelaco@psbank.com.ph
840-2419
hcsalazar@plantersbank.com.ph
884-7600 loc. 5651
lcyu@plantersbank.com.ph
PSTBPHM1XXX
Josefina S. Monegas
QCDFPHM1XXX
Alicia G. Sangrador
Jo-Anne C. Chan
ddmendoza@rcbcsavings.com
Rosemarie B. Maquiling
maquiling@rcbcsavings.com
RCSBPHM1XXX
Cristina F. Villalobos
Real Bank
RLBKPHM1XXX
Raquel T. Cabawatan
PRDEPHM1XXX
Vilma U. Constantino
Joseph T. Sulit
667-3022 / 667-3021
josefina.monegas@producersbank.co
m.ph
(033)336-8052 to 56 loc 119/120
treasury@queenbank.com.ph
894-9000 loc 2347
jcchan@rcbcsavings.com
SBAIPHM1XXX
Desiree ManlapazGuerero
Florenda C. Noche
SUSBPHM1XXX
Augusto S. Gonzalez
TYBKPHM1XXX
Belen E. Asuncion
UCSVPHM1XXX
Evangeline P. Reyes
UOVBPHMMXXX
WRDPPHM1XXX
Gerardo Munarriz
David C. E. Goh
Roehl O. Dumlao
RURAL BANKS
Bank
BIC
Contact person
AFRBPHM1XXX
Judy L. Badua
BARBPHM1XXX
PSRBPHM1XXX
Carlos F. Velasco
BSRBPHM1XXX
Lenieza S. Secreto
SERBPHM1XXX
Bangko Kabayan
BKRBPHM1XXX
RTRBPHM1XXX
Edwin S. Fojas
BFRBPHM1XXX
Bank of Makati
BMRBPHM1XXX
Shirley O. Tan
BHRBPHM1XXX
Reynaldo B. Bonifacio
CLRBPHM1XXX
Rosalinda O. Matias
CSRBPHM1XXX
Rustica E. Comia
CBRBPHM1XXX
Emilie P. Dancel
Country RB of Taguig
TARBPHM1XXX
Raul T. Guerrero
Crown Bank
CWRBPHM1XXX
Reynaldo V. Bondoc
27
Tel. No.
E-mail Address
(044)945-0030 / 945-0037
farmbank_ho_1995@rbap.org
237-2820 / 237-2651
rbbalanga@rbap.org
(054)513-9113 / 513-9376
brpasacao@rbap.org
(052 486-2828
Bsdl1973@yahoo.com
(033)335-0355
Rbse2002@yahoo.com
(043)311-1420
cherrlou.bacia@bangkokabayan.com.
ph
(046)489-2001 to 04
info@bangkomabuhay,com
(045)963-5288 to 90
bankofflorida@rbap.org
843-2060
shirlvic_tan@yahoo.com
(072) 242-0495 to 96
boss@bhf.com.ph
473-6002 Manila / (046)417-3366
rmatias@pjlhuillier.com
(043)723-5554
classicrb@rbap.org
(044) 670-0858 / 795-1544
epdancel@crbbulacan.com.ph
738-7759
crbti_ho@yahoo.com
(045)652-0006
Emilio U. Rico
FIRBPHM1XXX
Atty. Hubert E. Molina
FMRBPHM1XXX
FDRBPHM1XXX
Enterprise Bank
EBTBPHM1XXX
Lourdes S. Cataquiz
GWRBPHM1XXX
GM Bank
GMRBPHM1XXX
Tomas S. Gomez IV
GGRBPHM1XXX
Iluminda M. Dizon
JARBPHM1XXX
KTRBPHM1XXX
Leticia G. Loquinario
LCRBPHM1XXX
Menie B. Valle
LBRBPHM1XXX
Paulynne Rose G. Go
Municipal RB of Libmanan
LIRBPHM1XXX
Nordita B. Malinao
NWRBPHM1XXX
Alex V. Buenaventura
PBRBPHM1XXX
Imelda D. Edeza
Cyren L. Dalisay
QCRBPHM1XXX
Evelyn B. Saculles
Janette Garin-Colada
RARBPHM1XXX
Ives Q. Nisce
ABRBPHM1XXX
Romeo T. Tumalad
CIRBPHM1XXX
Lirio A. Gustilo
CMRBPHM1XXX
Rosemarie N. Orpiada
GURBPHM1XXX
Paulo R. Honrado
JNRBPHM1XXX
JPRBPHM1XXX
Roberto V. Torres
LLRBPHM1XXX
LMRBPHM1XXX
Nory F. de la Cruz
MLRBPHM1XXX
Rey N. Flores
WNRBPHM1XXX
Raul D. Balandra
Maria Ramona P.
Magalona
Alma T. Tachagon
OTRBPHM1XXX
RPRBPHM1XXX
PIRBPHM1XXX
Rodolfo D. Pizarro
SIRBPHM1XXX
SVRBPHM1XXX
Catherine D. Torres
28
crownbank@rbap.org
(078)307-0998 / 307-0940
emil@yahoo.com
hubertemolina@yahoo.com
642-1620 loc. 112
1stmn.arlene@gmail.com
(033)530-9027 / 396-0737
fmrbi@yahoo.com;
randy_yap@yahoo.com
(02)847-6569
(044) 693-3451
gatebankruralbank@yahoo.com
(044) 940-6000
tg4@gmbank.com.ph
(045) -901-0234
idizon@yahoo.com
(033) 531-8430
rbjaniuay@rbap.org
(065) 212-9807
ebh.esparaguera@katipunanbank.com
(043) 726-2602
limcomarb@rbap.org
(043)756-2411 loc 204
lipabank@yahoo.com
(054)511-8178 / 451-2184
mrblibmanan@rbap.org
(082)234-3631
onrbi@onenetworkbank.com.ph
(049)545-7094 to 96
ide@planbank.org
(042)710-3182
ebsaculles@qcrblive.com
(033)315-5005 / Fax (033)315-5582
racbankguimbal@yahoo.com
(72)242-5661 to 63
headoffice@rangaybank.com
(047)244-4145
bancoabucay@yahoo.com
(033)347-1924
rbcalinog@yahoo.com
(052)480-0801
camaligbank@gmail.com
(052)484-6439
rbguinobatan@yahoo.com.ph
(044) 486-5572;486-2702
rbjaen@rbap.org
(054)731-1046 / 731-1138
Rbjpinc-jpcnorte@yahoo.com
(065)311-1022
rbliloy@rbap.org
(047)244-4501 / 243-8462
rblimay@rbap.org
(033)315-8005 / 513-7716
rbmiagao@rbap.org
(036)264-3355 / 264-3358
rbnewwashington@rbap.org
(033) 337-1702
nina@rbankoton.com/rboton@rbap.or
g
(042)731-1380
rbpagbilao@yahoo,com
237-2560; 791-5398
rbpilar@rbap.org
(054) 472-3295
bankofsanjose@yahoo.com
(054)447-3020 / 440-1432
rbsanvicente@rbap.org
SMRBPHM1XXX
Geraldine S. Limpin
SPRBPHM1XXX
Milagros C. Florin
SIRBPHM1XXX
Roman L. Belmonte, Jr
SFRBPHM1XXX
TORBPHM1XXX
Valiant Bank
VBRBPHM1XXX
ZMRBPHM1XXX
(045)900-2507 / 434-0636
sasbanksasmuan@yahoo.com
(054)256-6011
rbsipocot@rbap.org
(045) 605-0058; 605-0327
signabank@rbap.org
(045)963-3620
Saferbank@rbap.org
(042)652-1950 / 545-8450
catrinidad@trbi.com.ph
(033)338-3524 / 336-8440
Mtlmg033@yahoo.com.ph
(047)223-4964 / 222-2678
zbolo@info,com.ph
BIC
Contact person
CAVPPHM1XXX
Ricardo E. Enriquez
BPAPPHM1XXX
Teodoro K. Limcaoco
BPCNPHM1XXX
BPLIPHM1XXX
Samuel C. Tang
FMLFPHM1XXX
FMICPHM1XXX
Metrobank Card
Corporation
Multinational Investment
Bancorporation
Orix Metro Leasing and
Finance Corporation
Philippine Commercial
Capital Inc.
Philippine Depository &
Trust Corp.
Lovella A. Barcenas
Irma E. Japson
Danilo G. Olondriz
898-7559
reenriquez@abcapital.com.ph
816-9612
tklimcaoco@bpi.com.ph
816-9519
bpi_ucad_regulatory@bpi.com.ph
816-9758
sctang@bpi.com.ph
8109660 loc. 131
labarcenas@malayanleasing.com
810-9668 loc 121
ejapson@malayanleasing.com
243-3058
danny.olondriz@firstmetro.com.ph
Annalyn T. Famy
898-7082
afamy@metrobankcard.com
Maribeth Rosales
898-7392
mrosales@metrobankcard.com
MCNBPHM1XXX
MUIAPHM1XXX
Evelyn D. Katigbak
OXNBPHM1XXX
Edna L. Layosa
PCCIPHM1XXX
Willie G. Mondia
PDTCPHM1XXX
Teresa N. Napilay
Ruth B. Gutierrez
Tel. No.
E-mail Address
RCCOPHM1XXX
Jaywin R. Mina
STIVPHM1XXX
TNBKPHM1XXX
BSP OFFICES
Department/Office
BSP Payments and
Settlements Office
BSP Provident Fund Office
BIC
Contact person
Bella S. Santos
PHCBPHMDXXX
Eleanor S. Turaray
Victor G. Garlitos
29
Tel. No.
E-mail Address
708-7542
bsantos@bsp.gov.ph
302-4184
eturaray@bsp.gov.ph
525-0765
vgarlitos@bsp.gov.ph
CB Housing Fund
CB Provident Fund
CB Car Plan Fund
CB Housing Fund III
CB Longevity Trust Fund
PFO Cebu Pacific
Ticketing
CBPHPHM1XXX
CBPFPHM1XXX
CBCPPHMIXXX
CBHTPHM1XXX
CBLTPHM1XXX
CBCEPHM1XXX
THIRD PARTY SYSTEM PROVIDERS
Agency/Department/Office
BIC
Contact person
Eduardo S. Mendiola
BancNet
Elmarie Reyes
MegaLink
Jennifer M. Tantan
30
Tel. No.
E-mail Address
527-3183; 522-8122 loc 204
esmendiola@treasury.gov.ph
886-1348
ed.katigbak@pchc.com.ph
884-5025
baby_delacruz@pds.com.ph
856-8190; 856-8196
emmie.reyes@bancnetonline.com
892-1046
jmt@megalink.ph
REFERENCES
Bank for International Settlements Committee on Payment and Settlement
Systems, A glossary of terms used in payments and settlements system. 2003
<www.bis.org>
Bank for International Settlements Committee on Payment and Settlement
Systems, Core Principles for Systemically Important Payment System, 2001
<www.bis.org>
Bangko Sentral ng Pilipinas, Agreement for the Philippines Payment System via
Real Time Gross Settlement (PPS-RTGS). 2002
Bangko Sentral ng Pilipinas, Rules and Regulations Governing the Philippines
Payments System Via Real Time Gross Settlement (PhilPaSS)
SWIFT, SWIFT FIN Copy Service Description. March 2000
SWIFT, SWIFTNet Messaging Service SWIFTNet RMA Service. March 2008
Bank of England, Oversight of Payment Systems. November 2000
Bank of England, Settlement Accounts. November 2002
Lamberte, Mario, The Philippine Payment System: Efficiency and Implications for
the Conduct of Monetary Policy. (Discussion paper Series No. 2001-20)
31