Early Cut-off Announcements

Please be advised that due to the General Community Quarantine (GCQ) – Alert Level 2 from November 15, 2021 to November 30, 2021, we will follow the following early cut-off schedule:

Checks

Check Clearing - Our cut-off* will be at 11:30 AM, except for the following branches:

Branches	Clearing Cut-off
Branches	From	To
BPI Macapagal Meridian	10:00am	10:30am
BPI Glorietta Mall Ground Level	10:00am	10:30am
BPI The Residences At Greenbelt	10:00am	10:30am
BPI Ayala-NEX-Tower	10:00am	10:30am
BPI Greenhills Vmall	9:30am	10:00am
BFSB Legaspi Amorsolo	10:00am	10:30am

Remittance

1. RTGS - 12:00 NN
2. GSRT/PDDTS - 11:00 AM
3. Outward Non-Trade - 3:00 PM
4. PESONet - 12:00 NN

RTGS (Real-time Gross Settlement) - Interbank PHP to PHP Transfers
GSRT (Gross Settlement Real-Time) - Interbank USD to USD Transfer
PDDTS (Philippine Domestic Dollar Transfer System) - End of day settlement
PESONet - 50K above transactions to non-BPI

Global Markets

1. Forex (For Retail Clients) - 9:00 AM to 4:00 PM (PST)
2. FX Bonds - 9:00 AM to 3:00 PM (PST)
3. Online Forex - 9:30 AM to 9:30 PM (PST), Mondays to Fridays, except holidays and weekends

FOREX includes servicing buy and sell transactions of these currencies:

US Dollar (USD)
Euro (EUR)
Hong Kong Dollar (HKD)
Australian Dollar (AUD)
British Pounds (GBP)
Japanese Yen (JPY)
Singapore Dollar (SGD)
Canadian Dollar (CAD)
Swiss Franc (CHF)
Chinese Yuan (CNY)

FX Bonds include buy and sell transactions of ROPs and corporate bonds.

Online FOREX can only service conversion of US Dollars to Peso for card-based accounts via BPI Online.

BPI Trade

Trading Hours - 9:30AM - 1:00PM

Transaction Services

Corporate Cash Deposit Machine

1st cut-off - 10:00 AM
2nd cut-off - 2:00 PM

Trade and Supply Chain

Letters of Credit

Letter of Credit / Standby LC Issuance and Amendment - 10:00 AM
Bank Guaranty / Endorsement - 12:00 PM
Negotiation and Settlement - 12:00 PM

Non-Letters of Credit

Advance Payment / Direct Remittance - 12:00 NN
Open Account / Document Against Acceptance Booking - 12:00 NN
Open Account / Documents Against Acceptance / Documents Against Payment Settlement - 12:00 NN

Trust Receipt

Trust Receipt Booking/Import Bills Payment - 12:00 NN
Trust Receipt Settlement - 12:00 NN

Exports - Inward Remittance (CPO) - 2:00 PM

Exports - Nego - 11:00 AM

Exports - Payments - 12:00 NN

Final Duties - 3:00 PM

Supply Chain (Receivable Finance/Supplier Finance) - 12:00 NN

Outsourced Printing of Manager's Checks and Corporate Checks - 1:00 PM

BizLink

Pay Non-BPI - 8:00 AM to 12:00 NN
Pay Foreign - 8:00 AM to 12:00 NN

Updated on November 22, 2021