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Bank of the Philippine Islands Philippine peso (PHP) Transfers Compared

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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 10,000 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 10,000 transaction.

Bank of the Philippine Islands Lowest FX Margins

Currency Pair Bank of the Philippine Islands Rate Mid Market Rate Margin
PHP/USD 0.0162 0.0163 0.4%
PHP/SGD 0.0206 0.0209 1.4%
PHP/CAD 0.0224 0.0227 1.5%
PHP/CNY 0.1083 0.1099 1.5%
PHP/HKD 0.1260 0.1280 1.5%

Bank of the Philippine Islands Highest FX Margins

Currency Pair Bank of the Philippine Islands Rate Mid Market Rate Margin
PHP/JPY 2.5336 2.5952 2.4%
PHP/CHF 0.0129 0.0132 2.4%
PHP/EUR 0.0138 0.0141 2.3%
PHP/GBP 0.0118 0.0121 2.3%
PHP/AUD 0.0226 0.0231 2.2%
 
 
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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.

 
 
 
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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.

 
     

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