BER Benchmark: Bank of the Philippine Islands PHP FX Rates & Margins
BER Benchmark monitors Bank of the Philippine Islands exchange rates across the PHP currency corridors tracked by BER. The current average margin versus the mid-market rate is 1.8%.
This average is based on the PHP 250 transfer rates currently monitored by BER across the available Bank of the Philippine Islands currency corridors.
Bank of the Philippine Islands - Lowest and Highest FX Margins
BER Benchmark ranks the Bank of the Philippine Islands currency corridors currently monitored for Philippine peso transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a PHP 250 transaction.
BPI rates, processing and costs
BPI's public table covers USD, EUR, JPY, HKD, AUD, SGD, CAD, GBP, CHF and CNY. The source marks CNY for manual processing only. All displayed rates are indicative and quoted in PHP.
BER's comparison measures the difference between the published customer rate and a market reference rate. It does not add any separate service, handling or account charge unless that charge is independently verified for the transaction being compared.
Using BPI's published rates
BPI states that its rates can change without notice and that foreign currencies are subject to branch availability. Forex sales require the bank's transaction form and any applicable supporting documents.
Treat the BER result as a comparison of the latest successfully captured public table. Confirm the current rate, available notes and transaction requirements with the branch handling the exchange.
What is the
best Send Money conversion rate for PHP to JPY?
The best PHP to JPY exchange rate is 2.5796 from Wise. This is -0.75% compared to the mid-market rate 2.5991.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Philippine peso (PHP) to Japanese yen (JPY) rates from different sources before making a conversion.
The above Bank of the Philippine Islands - Peso to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of the Philippine Islands and other foreign exchange providers against the latest PHP-JPY mid-rate and the possible savings of using various providers.