Bank of Commerce

We think Customers

Customer Service:
(02) 8-632-BANK (2265)
Domestic Toll-Free Numbers:
1800-10-982-6000 (PLDT) 1800-8-982-6000 (Globe Lines)

Remittance Tracker

To check the status of Instapay and PESONet transfers via BankCom [Personal], simply enter the 14-digit reference code sent to you without dashes and spaces.
Eg. Transaction Reference Number: FTOB-20190927-000141 = enter 20190927000141

SAVE

SikapPinoy Savings Account

Inihahandog para sa mga Pinoy overseas workers at sa kanilang mga pamilya ang SikapPinoy OFW Account na may ATM Card*. Ito ang kabalikat ng bawat Pilipino tungo sa pag-asenso at pag-unlad ng kanilang buhay at ng kanilang minamahal.

Features:

  • Required initial deposit: None
  • Minimum maintaining ADB: None
  • Minimum ADB to earn interest: Php 5,000
  • Interest crediting: Monthly
  • With fixed interest rate
  • With Sikap Pinoy customized Debit Card
  • Account is available at PDOS centers
  • With account access via bCommerce Internet Banking
  • With access at any BancNet, Megalink and ExpressNet ATMs
  • With access to online payment and cashless shopping at over 1,000 establishments
  • To open a SIKAPPINOY Account, download and fill-up the following forms:

REMIT - SikapPinoy International Remit

Credit to BankCom Account

OFWs can remit directly into their Bank of Commerce Philippine Peso account and US dollar account.

Cash Pick-up at any BankCom Branches

Beneficiaries can claim their cash remittances from our overseas remittance partners at any of the BankCom branches. MoneyGram and Transfast-Worldwide Money Transfer are also available for pick-up at any of the Bank of Commerce branches.

Credit to Other Bank Account

OFWs can remit directly into their Philippine Peso account within 24 hours (banking days).

Cash Pick-up Anywhere

For remittance coursed through Bank of Commerce, the beneficiaries can claim their cash remittances from any of the following outlets and branches:

  • Bank of Commerce branches
  • M. Lhuillier
  • Cebuana Lhuillier
  • LBC Express
  • Palawan Express
  • RD Pawnshop

Cash Door-to-Door

Cash remittance will be delivered to the beneficiary doorstep within 24 hours for Metro Manila and within 48 to 72 hours for key Provincial areas.

E-Government Payments

Bank of Commerce is now accepting SSS, PhilHealth and Pag-IBIG payments of OFWs thru our foreign Remittance Partners.

Western Union International Remittance Payout at BankCom Branches

Remittance Partners

Partners / Tie-Ups

  1. Global
    • MoneyGram International
    • TransFast – Worldwide Money Transfer
    • iRemit Global Remittance
    • Prabhu Money Transfer
    • I-Pay Commerce Ventures, Inc. (Western Union Money Transfer)
  2. Kingdom of Saudi Arabia
    • Bank AlJazira -Fawri
      King Abdul Aziz Street,
      P.O. Box 6277, Jeddah, KSA
      +966-11-5623464 Ext. 8
      fawri.cs@baj.com.sa
      www.baj.com.sa
    • Arab National Bank
      Telemoney Division – 3rd Flr Bait 7 Building,
      King Faisal Street Muraba District, Riyadh, KSA
      +966-1-4029000 Ext. 3601 & 3347
      tmccu@anb.com.sa
    • Bank AlBilad-Enjaz
      8229 Al Mutamarat , Unit 2, Riyadh 3952-12711
      Kingdom of Saudi Arabia
      011-4798888 / Worldwide Phone – 00966-14798888
      www.bankalbilad.com
  3. United Arab Emirates
  4. Australia
    • Eastern and Allied Pty Ltd / REMOX
      56John Street,
      Cabramatta NSW 2166, Australia
      +61-2-97287928 / 61-2-97283581
      www.hhmt.com.au
  5. Canada
  6. Asia
    • Pacific Ace Forex HK Ltd
      Wing On House Unit 2202-2203, 22/F 71 Des Voeux Road Central,
      Hongkong
      +852-25325800
       www.pacific-ace.com

Correspondent Banks

  1. America
  2. Europe
  3. Asia
    • Kookmin Bank
      84 Namdaemun-ro, Jung-gu Seoul, South Korea
      www.kbstar.com
    • Wells Fargo, Tokyo
      Yamato International Bldg., 8F 2-1-3
      Hirodome-Cho Nihonbashi Chuo-Ku, Tokyo, Japan
      www.wellsfargo.com
    • Standard Chartered Bank, Tokyo
      21st Floor Sanno Park Tower 2-11-1
      Nagatacho, Chiyoda-ku Tokyo 100-6155 Japan
      www.standardchartered.co.jp/en

Fees and Charges

Incoming Remittances Service Charge/Commission Documentary Stamp Tax PhilPaSSplus Processing Fee
Foreign
Credit to Dollar Account USD7.50 n/a n/a
Credit to Peso Account PHP350.00 PHP0.60 for every PHP200.00 or a fraction thereof n/a
Remittances from tie-up Charges vary depending on the service agreement with remittance partner
Domestic
PDDTS credit to USD Account USD5.00 N.A. N.A.
GSRT credit to USD Account USD5.00 N.A. N.A.
PDDTS and GSRT credit to Peso Account PHP350.00 PHP0.60 for every PHP200.00 or a fraction thereof N.A.
EPCS PHP0.00 N.A. N.A.
RTGS PHP150.00 N.A. N.A.

 

 Outgoing Remittances Service Charge/Commission Documentary Stamp Tax PhilPaSSplus Processing Fee
Foreign
Debit from Peso Account USD5.00 PHP0.60 for every PHP200.00 or a fraction thereof USD11.50
Debit from FCDU Account USD5.00 N.A. USD11.50
Domestic
RTGS Service Charge PHP150.00; Commission PHP100.00 PHP3.00 PHP575.00
EPCS PHP100.00 PHP3.00 N.A.
PDDTS debit from USD Account USD5.00 N.A. USD11.50
PDDTS debit from Peso Account USD5.00 PHP3.00 USD11.50

E-Government Payment Partners

Bank of Commerce accepts SSS, PhilHealth and Pag-IBIG payments of OFWs through our foreign Remittance Partners.

For OFWs in Kingdom of Saudi Arabia

E-Government FAQs links

  1. SSS (https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=faqsmembership)
  2. Pag-IBIG (http://www.pagibigfund.gov.ph/faq.aspx)
  3. Philhealth (https://www.philhealth.gov.ph/)

Remittance FAQs

Remittance FAQs

Door-to-Door Area Coverage

Door to Door Area Coverage

REMIT - SikapPinoy Domestic Remit

Cash Pick-Up at RD Pawnshop

INVEST

SikapPinoy Asenso Program

The Bank of Commerce SikapPinoy Asenso Program was developed to provide business franchising opportunities for qualified BankCom OFW account holders. Through the Bank’s partnership with U-Franchise (which has over 200 franchise brands) and Potato Corner, OFWs and their beneficiaries are able to apply for a franchise business from these two institutions easily.

In order to have access to the SikapPinoy Asenso Program, OFWs or their beneficiaries need to open a SikapPinoy Asenso Account. SikapPinoy Asenso comes with a Mastercard Debit Card that can be used at 20,000 BancNet ATMs nationwide, over 2 million Mastercard ATMs worldwide, and 38 million Mastercard-affiliated merchants worldwide. It has no initial deposit and no maintaining balance.

Sikap Pinoy Asenso has three (3) account classification types:
a. Saver – which is purely for savings
b. Express – allows the OFWs to directly pay for the franchise fee if the account holder already has enough funds
c. Access – allows OFWs to use the Bank’s loan facility to support his franchise fee payment.

General Requirements to open an account:

  1. A completely filled out application form
  2. Presentation of one (1) government ID.
  3. To open a Sikappinoy Account, download and fill-up the following forms:

For more information, inquiries about Sikap Pinoy Asenso, please email us at asenso@bankcom.com.ph