General Questions
The merger of BPI and Robinsons Bank allows customers of both banks to have better choices through a wide range of best-in-class and innovative products from the combined product portfolios of Robinsons Bank and BPI.
The merger took effect on January 1, 2024.
With the merger, Robinsons Bank is now BPI.
We will implement activities after the merger to integrate BPI and Robinsons Bank processes. Activities after the merger will start on the first quarter of 2024, and we hope to complete these activities by the end of 2025.
Robinsons Bank clients will enjoy being backed by two of the largest and strongest conglomerates in the country - the Ayala Group and the Gokongwei Group. Robinsons Bank and BPI clients will have the opportunity to enjoy a wider suite of financial products and services, plus broader branch and ATM networks once the integration is completed.
Yes, your money will remain safe and secure, during and after the integration of Robinsons Bank processes with BPI. We will continue to place high regard on protecting our depositors' money, and services to our clients will not be hampered throughout the process.
There are no immediate changes to your Robinsons Bank accounts. However, you will be notified and updated about the changes to your accounts as we integrate Robinsons Bank products and services with BPI.
For now, you may not directly transact with BPI for your Robinsons Bank accounts and transactions. We will officially communicate with you once your Robinsons Bank accounts are integrated into BPI and when you may start transacting with BPI.
For questions or concerns, you may reach Robinsons Bank Customer Care Center (C3) through their hotline at (+632) 8637-2273 or through their email at C3@robinsonsbank.com.ph.
Consumer Banking / Retail Customers
Deposit
You are not required to take any action while the integration of Robinsons Bank processes to BPI is ongoing. Rest assured that your account/s remain secure. Should there be any requirements or details needed, we will reach out to you through SMS and email. Please make sure that your contact information such as address, mobile number, telephone number, and email are up to date.
For now, you may continue using your existing Robinsons Bank account. Once your account is integrated to BPI, your Account number will change. We will send you communications to inform you of the specific changes in your Account number before and after the effective date of the change. Please make sure that your contact information such as address, mobile number, telephone number, and email are up to date.
You will be notified of any change prior to or upon integration of your accounts with BPI.
You will be notified of any change prior to or upon integration of your accounts with BPI.
Transaction and auxiliary fees will remain the same until further notice.
The PDIC maximum coverage is per institution. Once the integration of your account to BPI is complete, the maximum total coverage for all your accounts will be P500,000 in BPI.
There is no need to move your Robinsons Bank account to BPI. Your account will be automatically integrated with BPI. We will officially communicate with you prior to the integration of your account with BPI.
However, if you would like to open a BPI account or purchase a BPI product prior to the integration of your Robinsons Bank account, you may do so – and we will be happy to assist you with the documentary requirements at your BPI branch of preference.
Not yet. You may open a BPI account in a Robinsons Bank branch after it has been integrated with BPI as a BPI branch.
If you wish to open a BPI account while integration of Robinsons Bank branches has not yet been completed, you may open new BPI accounts through the following channels:
- Digital Account Opening. Please refer to this link for more details.
https://www.bpi.com.ph/personal/bank/digital-banking/mobile/open-account-online - Any BPI branch near you
Branches
You may start transacting in any BPI branch once the integration of your Robinsons Bank account and branch of account is integrated with BPI. We will provide you with updates and information as to when you may start transacting in any BPI branch.
For now, you may not open a BPI account at a Robinsons Bank branch which has not yet been integrated with BPI.
If you wish to open a BPI account while your Robinsons Bank branch has not yet been integrated with BPI, you may do so at the nearest BPI branch.
At the moment, you may continue with your usual branch transactions at your Robinsons Bank branch of account. Rest assured that we will provide you with updates and information regarding changes to your Robinsons Bank branch of account.
As the integration process begins, we will conduct a review of our combined branch network as part of BPI’s branch banking strategies. This may result to reconfiguration of branch assignments in view of rising costs of maintaining the Bank’s service amid stricter regulatory requirements and growing competition.
All Robinsons Bank employees are now BPI employees. While the integration of your Robinsons Bank branch of account is not yet completed, you may continue to transact with your Robinsons Bank branch of account and personnel.
For now, there is no need to fill out new BPI forms and submit documents again. However, we encourage you to update your personal information whenever there are changes so we can service you better. You will be notified regarding documentary requirements with the integration of your accounts with BPI.
You will continue to enjoy the benefits of our SDB facilities at your preferred Robinsons Bank branch. Rest assured that you will be notified for any changes regarding our SDB facilities prior to the integration of the Robinsons Bank branch with BPI.
For now, there are no changes to your SDB rental rates. Should there be changes, you will be informed accordingly.
Debit Cards
You can still continue to use your Robinsons Bank Debit Card for your transactions until we integrate your account with BPI. You will be notified of any change prior to the integration of your account with BPI.
At the moment, there is no need to do so. Your Robinsons Bank Debit Card can still be used for ATM withdrawals and purchases until we integrate your account with BPI.
Not at this time. You will be able to link your accounts to a single debit card once the integration of your account with BPI is completed. An announcement will be made when this feature becomes available.
No action is necessary now. Your automatic payments enrolled in your current Robinsons Bank Debit Card will still push through while your Robinsons Debit Card is still active. You will be notified of any change or requirements for your automatic payments prior to the integration of your account with BPI.
Yes, your current Robinsons Bank VISA Debit Card can still be used for your online payments until its expiry date or until your account is integrated with BPI.
Checkbook
You may continue to use your existing Robinsons Bank checks for your transactions after the effective date of the merger. Your Robinsons Bank checks will still be honored for clearing and encashment. You will be notified of any change in the deadline for the use of Robinsons Bank checks once integration activities are completed.
You can still reorder new Robinsons Bank checks. You may coordinate with your Robinsons Bank branch of account for assistance on this requirement. You will be notified of any change prior to the integration of your account with BPI.
Ordering of BPI checkbooks will be immediately available to clients after the Robinsons Bank account has been integrated with BPI. You will be notified of any change prior to the integration of your account with BPI.
Time Deposits
There will be no change in the remaining tenor of your Time Deposit.
No. Your Robinsons Bank TD arrangement will continue, and your TD certificate will still be honored until maturity date.
If you wish to change your Robinsons Bank TD certificate, you will have to terminate your existing time deposit and open another BPI TD account to get an updated one. We encourage doing this on your Robinsons Bank TD’s next maturity date to avoid Documentary Stamp Tax and termination fees.
Trust / Investments
Effective February 1, 2024, your RBank Trust / Invesment Management / Other Fiduciary Accounts were operationally transferred to the BPI Wealth system. A prior notice was issued regarding a three-day investment holiday from January 29 (Monday) to January 31 (Wednesday) to ensure a seamless transfer of records.
- New BPI Wealth Account Number and Account Officer
You will receive a new BPI Wealth account number which you can use for your future BPI Wealth transactions. A BPI Wealth account officer will also be assigned to your account to help you navigate BPI Wealth’s investment products and services. You will receive these information through a separate notice delivered according to your existing mailing arrangements. Kindly make sure that your records are updated in order to receive important announcements.
Additionally, you may continuously coordinate with your respective RBank branch officers / Relationship Managers as we collaborate to ensure that your financial goals are fully understood and supported. Rest assured that your accounts will be continuously managed in accordance with the existing RBank documentation.
- Records
A financial statement/report will be generated as of end of January 2024 and sent to you according to your existing delivery arrangements. From February 2024 onwards, you will be receiving your financial statements/reports directly from BPI Wealth.
Your RBank settlement account will be utilized for the time being but we encourage you to nominate your existing BPI deposit account, if readily available, for ease in execution of future transactions.
If you wish to open a BPI account, simply visit the BPI website for more details.
If you already nominated a BPI deposit account as settlement account, you can course your requests through BPI branches, for referral and coordination with BPI Wealth.
If you haven’t nominated a BPI deposit account as settlement account yet, we recommend that you continue to coordinate with your RBank branch officer / Relationship Manager for your BPI Wealth requests.
If you have any questions, feel free to get in touch with your respective RBank branch officers / Relationship Managers. Alternatively, you may email trustgroup@robinsonsbank.com.ph or contact (02) 8702-9500 locals 48744 or 48546. We will notify you should there be any changes in our contact information.
BPI Wealth – A Trust Corporation is regulated by the Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph
Passbook
You can continue to use your Robinsons Bank passbook.
After the integration of your account to BPI is completed, we will replace your Robinsons Bank Passbook with a BPI Passbook, free of charge, on your next branch visit. You will be notified of any change prior to the integration of your account with BPI.
You may coordinate with your Robinsons Bank branch of account for assistance on the replacement of your passbook. You will be notified of any change prior to the integration of your account with BPI.
Manager’s Check
You may still purchase a Manager’s Check in your Robinsons Bank branch of account or any Robinsons Bank branch as usual.
Yes, Robinsons Bank Manager’s checks will still be honored for clearing and encashment after the effective date of the merger.
Online Banking
You can continue to enjoy the convenience of transacting through your RBank Digital Online Banking access. You will be notified and updated about changes to your online banking access as we integrate your Robinsons Bank accounts to BPI.
Yes, you may continue to enjoy the convenience of paying your bills through your RBank Digital Online Banking access.
After your Robinsons Bank account’s integration to BPI is completed, you will need to update your account number/s that are enrolled with billers and other third parties to ensure continuous debiting and/or crediting to your account/s.
Yes, you may continue to enjoy the convenience of automatically transferring funds to other Robinsons Bank accounts through your RBank Digital Online Banking access. You will be notified and updated about changes to your online banking services as we integrate your Robinsons Bank accounts to BPI.
Your accounts in Robinsons Bank will remain to be separate from your BPI accounts while the integration of your Robinsons Bank accounts into BPI is not yet completed. Thus, you will be able to view your Robinsons Bank accounts in your RBank Digital Online Banking only and your BPI accounts in your BPI Online Banking only.
You will need to transact separately at Robinsons Bank branches for your Robinsons Bank accounts and with BPI branches for your BPI accounts. We will provide you with updates and information regarding the integration of your Robinsons Bank accounts with BPI.
Loans
Housing Loan
Your housing loan with Robinsons Bank remains unaffected while we go through our integration activities after the merger. You can still make your payments through Robinsons Bank branches and online channels. Any existing auto-debit arrangement with Robinsons Bank will continue. You will be notified and updated about changes to your housing loan prior to the integration of your loan account with BPI.
For now, there will be no change to the interest rates of your existing housing loan account with Robinsons Bank. You will be notified of any change upon integration of your housing loan account to BPI.
There is no need to fill-out or sign loan documents. The loan documents that you signed with Robinsons Bank will be recognized and honored by BPI.
Auto Loan
Your auto loan with Robinsons Bank remains unaffected while we go through our integration activities after the merger. You can still make your payments through Robinsons Bank branches and online channels. Any existing auto-debit arrangement with Robinsons Bank will continue. You will be notified and updated about changes to your auto loan prior to the integration of your loan account with BPI.
For now, there will be no change to the interest rates of your existing auto loan account with Robinsons Bank. You will be notified of any change upon integration of your auto loan account to BPI.
There is no need to fill-out or sign loan documents. The loan documents that you signed with Robinsons Bank will be recognized and honored by BPI.
Motorcycle Loan
Your motorcycle loan with Robinsons Bank remains unaffected while we go through our integration activities after the merger. You can still make your payments through Robinsons Bank branches and online channels. Any existing auto-debit arrangement with Robinsons Bank will continue. You will be notified and updated about changes to your motorcycle loan prior to the integration of your loan account with BPI.
For now, there will be no change to the interest rates of your existing motorcycle loan account with Robinsons Bank. You will be notified of any change upon integration of your motorcycle loan account to BPI.
There is no need to fill-out and sign loan documents. The loan documents that you signed with Robinsons Bank will be recognized and honored by BPI.
RBank Remit
Your access to RBank Remit will be deactivated on August 1, 2024.
Remittances remain active and eligible for cash out within thirty (30) calendar days from date of transaction. Otherwise, the Bank shall refund the principal amount to the sender’s Robinsons Bank account.
You can continue to enjoy the convenience of sending remittance to over 2,000 Cebuana Lhullier branches nationwide, plus other partners, through BPI to Cash. If you don’t have a BPI account yet, you can download the BPI App to open a BPI savings account online, and start sending money via BPI to Cash on the app.
With BPI to Cash, BPI Online users with peso savings / current account can send remittance from BPI to remittance partners such as Cebuana Lhuillier, Palawan Express, Mlhuilier, LBC, RD Pawnshop, Truemoney and more.
To learn more, visit the BPI to Cash page.
To learn more about opening a BPI peso savings or current account, click here
BPI peso savings or checking account holders can register for BPI Online via the BPI website or by downloading the BPI app, to learn more click here.
For now, you may not directly transact with BPI for your Robinsons Bank accounts and transactions. We will officially communicate with you once your Robinsons Bank accounts are integrated into BPI and when you may start transacting with BPI and use BPI services such as BPI to Cash.
BPI to Cash is only available via the BPI app, RBank digital app would not be auto converted to the BPI app and clients must download the BPI app separately.
RBank Remit will be deactivated effective August 1, 2024, in the RBank digital app. You can still enjoy fund transfers via Instapay and PesoNet as these will remain available.
RRemit is RBank’s cash transfer service that lets beneficiaries claim through Cebuana Lhuillier. For similar remittance service, you may use the BPI app to start sending money via BPI to Cash.
Don’t have a BPI account? Open an account now and download the BPI app to avail of this remittance service.
Date published: May 16, 2024
InstaPay
There would be no changes in the fees, current Instapay and Pesonet fees for transfers from Robinsons Bank to BPI and from BPI to Robinsons Bank would still apply.
Please continue to use “Robinsons Bank Corporation” as the beneficiary bank/institution for any incoming transfers to any Robinsons Bank accounts.
Personal Loan
Personal Loan
Yes, you may still apply for a personal loan at any Robinsons Bank or BPI branch. We have BPI Personal loans available and you may find more information about this product at https://www.bpi.com.ph/personal/loans/personal-loan/
Please visit the BPI official website https://www.bpi.com.ph/personal/loans/personal-loan for the BPI Personal Loan product information, application process, and requirements.
You will continue to have the same fees and charges of your existing Robinsons Bank Personal Loan as you do now until otherwise advised.
You may continue to raise your queries or concerns about your existing Robinsons Bank Personal Loan through the same Robinsons Bank channels:
Phone: Customer Care Center (C3) at (+632) 8637-CARE (2273)
Email: C3@robinsonsbank.com.ph or PersonalLoans@robinsonsbank.com.ph
For inquiries and comments, please send us a message through www.bpi.com.ph/contactus or call our 24-hour BPI Contact Center at (+632) 889-10000.
InstaBale Loan
Yes, you can continue to use your Robinsons Bank Digital Online Banking to access your InstaBale Facility. We will advise you well in advance about any development to your access and use of the Bank Digital Online Banking platform.
During the transition period, we do not expect any significant changes with respect to your InstaBale Facility.
You will still be able to avail from your InstaBale Facility as long as you meet the following criteria:
- You have an active Robinsons Bank payroll account with continuous payroll credits per payroll cut-off for the past three (3) months.
- Your payroll account has at least P1,500 credit per payroll cut-off
You will continue to have the same fees and charges of your existing InstaBale Facility as you do now until otherwise advised.
Yes, you may continue to raise your queries or concerns about your InstaBale Facility through the same Robinsons Bank channels:
Phone: Customer Care Center (C3) at (+632) 8637-CARE (2273)
Email: C3@robinsonsbank.com.ph or PersonalLoans@robinsonsbank.com.ph
Credit Cards
Robinsons Bank DOS and Cashback Credit Card Conversion
Your Robinsons DOS credit card will be converted to a BPI DOS, while the Robinsons Cashback will be converted to a BPI Robinsons Cashback Card. Now being part of the BPI product suite, you will enjoy new features and benefits similar to other BPI credit cards.
You will receive further communication from us to tell you more about these exciting changes. Please verify your mobile number, email address, and billing address and update them now, if necessary. Contact us at (+632) 889-10000, dial 2 for 'Credit Card', select 4 for assistance.
You will receive an email and SMS notification once your new BPI Card is available for delivery. In the meantime, you may continue to use your existing credit card.
Your new BPI card will have the same card number and security code/CVC. On expiry date: If your card will be expiring on 2025, 2026, 2027 and 2028, the expiry date will be extended by 5 years. If your card is expiring on 2029, it will remain the same.
While waiting for your new BPI card, keep your account current and active. Please verify your mobile number, email address, and billing address and update them now, if necessary. Contact us at (+632) 889-10000, dial 2 for 'Credit Card', select 4 for assistance.
No. Your new BPI card is being replaced for free.
Your balance will not be affected since only the plastic will be replaced.
You may continue to pay your credit card bill in all Robinsons Bank payment channels.
We will inform you if there will be changes on the available payment channels.
This service is currently unavailable. You may continue to pay in all Robinsons Bank payment channels. We will inform you if there will be changes on the available payment channels.
No, there will be no changes on your statement date and payment due date.
The immediate change in the Terms and Conditions is the update from Robinsons Bank to BPI. We will inform you of further changes regarding the alignment with BPI’s Terms and Conditions.
In the meantime, the existing Terms and Conditions are still in effect until further notice.
Your accumulated points will remain intact and viewable on your monthly eSOA.
Earning mechanics remain unchanged. Your earned rebates will continue to reflect on your monthly eSOA.
Yes, as long as your account is active and current, your card will be automatically renewed with a BPI card. (Refer to Q#3 for more details).
Your Supplementary card/s will also be replaced. All card details will remain the same.
If there is any change or extension of the expiry date of your BPI Card, please update your enrollments to your various shopping, ride-hailing, streaming, and other app subscriptions (such as Netflix, Spotify, Lazada, Grab etc.) to ensure that they remain uninterrupted.
To continue enjoying the features of your card, you need to activate it. There are two ways to activate you new BPI Card:
A. Via SMS
Text BPIACTIVATE<space>First Name/Last Name/Last 4-digits of the credit card number and send it to 22565009.
B. Via Email
Using the subject line, send BPIACTIVATE<space>First Name/Last Name/Last 4-digits of the credit card number to C3_quickassist@robinsonsbank.com.ph.
Note that upon activation of your new BPI card, your old Robinsons Bank card will be automatically deactivated.
Report the incident immediately by calling our 24-hour BPI Contact Center at (+632) 889-10000, select 2 for 'Credit Card', then select 4.
Yes, you may apply here. This will be subject to usual credit evaluation.
Yes, new promos will be communicated via SMS, email, eSOA and in the website.
We encourage you to download the Oh My Deals! by BPI Cards for exclusive deals.
This feature is not yet available. In the meantime, you may continue to avail of GoLighter for various services at 0% interest with a one-time processing fee. We will inform you as soon as this feature is available.
You may still access the RBank Digital mobile app to monitor your account, balance, and transactions.
You may call our 24-hour BPI Contact Center at (+632) 889-10000, select 2 for 'Credit Card', then select 4.
Institutional Banking / Corporate Customers
General Questions
There will be no change, you may continue to use your existing products and services. Any changes prior to migration of your accounts to BPI will be communicated in advance to you through your Relationship Managers or Branch Partners.
- Credit Facilities
- Cash Management
- Account Sweeping
- Account Sweeping
- Bills Payment
- Corporate ATM
- Corporate ADA
- Check Pro
- Check Writer Plu
- Deposit Pick-up
- Deposit Pick-up
- Direct2Bank
- eGov
- MT940/Swift
- Night Depository
- Payroll Payout
- Payroll Suite
- Payroll Suite
- Rcollect
- Reference Accounts
- Supplier Settlement
- Trade Finance
Credit Products – Documentary Credit
- Letters Of Credit
- Standby Letters Of Credit
- Bank Guarantees
- Trust Receipts
- Export Advance Loan
- Export Bills Purchase
Non-Credit Products – Documentary Collection And Remittance Products
- Direct Remittance
- Documents Against Payment
- Advance Payment
- Documents Against Acceptance
- Open Account
- Customs Duties Tax
- Supply Chain Finance
- Merchant Acquiring
- Pos
- E-Commerce Solutions
- Remittance
- Foreign Swift Remittance Via Mt103
- Incoming
- Outgoing
- Local Funds Transfer via
- RTGS
- GSRT/PDDTS
- PESONET
- INSTAPAY
- Foreign Swift Remittance Via Mt103
Supply Chain Finance
It is a short-term financing facility (Supply Chain Financing Facility) of the Bank offered to endorsed Suppliers of an Anchor Buyer.
The bank grants a Receivables Discounting Line to the approved Suppliers in order to receive financing for their Receivables/Approved Invoices.
Merchant Acquiring
Merchant Acquiring POS and E-Commerce solutions shall be transferred to BPI’s joint venture partner, Global Payments. Interested merchants who wish to avail this facility shall then be referred to Global Payments.
Global Payments is one of the largest worldwide providers of payment solutions with over 1.6 million merchants in more than 200 countries and territories. Global Payments and BPI formed a joint venture in 2015 to provide merchant acquiring and payment services in the Philippines.
Salary Loan
Salary Loan Accredited Partner Companies
The existing Terms and Conditions stated in your Robinsons Bank Salary Loan MOA will be retained and remain in effect until the stated expiry date in the MOA.
Upon renewal of your Salary Loan Facility next year (2024), the BPI Salary Loan Terms & Conditions, and process will be applied. Otherwise, you will be advised accordingly of any changes.
Payments for the monthly remittances should still be made only through Robinsons Bank channels.
You will still be able to access Go! Salary Loan HR Portal using your current password and login credentials.
You may continue to raise your queries or concerns about your Salary Loan Facility through the same Robinsons Bank channels:
Phone: Customer Care Center (C3) at (+632) 8637-CARE (2273)
Email: C3@robinsonsbank.com.ph or PersonalLoans@robinsonsbank.com.ph
Salary Loan Borrowers
There will be no change on your existing Salary Loan until the loan is fully paid.
The interest rates and mode of payment for your existing salary loan will also remain the same. Mode of payment will still be via salary deduction and will be remitted by your employer to Robinsons Bank.
Crediting of loan proceeds will still be the same as follows:
- Credit to existing Robinsons Bank Account
- Manager's Check from any Robinsons Bank branch
However, you can withdraw your loan proceeds using a BPI ATM free of withdrawal charge
Yes, but the application will be subject to the regular loan approval process of BPI.
You may continue to raise your queries or concerns about your Salary Loan Facility through the same Robinsons Bank channels:
Phone: Customer Care Center (C3) at (+632) 8637-CARE (2273)
Email: C3@robinsonsbank.com.ph or PersonalLoans@robinsonsbank.com.ph
Corporate Credit Cards
Robinsons Corporate Client
Due to the merger between Robinsons Bank and BPI, all existing Robinsons Corporate Cards will be transitioned to BPI Corporate Cards to provide you with consistent and enhanced banking services.
To ensure a seamless transition, your company will receive a detailed communication outlining the steps for card replacement. This will include submitting necessary documentation, activating new cards, and deactivating existing Robinsons Corporate Cards.
The BPI Corporate Card comes with several advantages, including enhanced security features, more extensive merchant partnerships, and more robust online account management tools. We are confident that these features will add value to your corporate spending management.
Card replacements will begin once necessary documents have been submitted. Your company will receive the new BPI Corporate Cards by mail, and we recommend activating them as soon as they arrive to avoid any service interruptions.
Your existing Robinsons Corporate Cards will be deactivated shortly after the new BPI Corporate Cards are activated. We recommend securely disposing of your old cards once they are deactivated to ensure they can no longer be used.
Outstanding balances on your Robinsons Corporate Card must be settled prior to the transition to BPI Corporate Cards.
For any questions or concerns about the transition, please contact our Corporate Cards Team at corporatecards@bpi.com.ph We are committed to making this transition as smooth as possible for all our valued clients.
Robinsons Corporate Credit Cardholder
Due to the merger between Robinsons Bank and BPI, all existing Robinsons Corporate Cards will be transitioned to BPI Corporate Cards to provide you with consistent and enhanced banking services.
The BPI Corporate Card comes with several advantages, including enhanced security features, more extensive merchant partnerships, and more robust online account management tools. We are confident that these features will add value to your corporate spending management.
For cardholders in Metro Manila, you can expect your new card within 10 banking days. For those outside Metro Manila, please allow up to 15 banking days.
Yes, your new BPI Corporate Card will have a different card number. Instructions for setting up a new PIN will be provided with the card.
Activate your new card immediately. Send an SMS: Type BPIACT (space) followed by the last 10 digits of your new BPI Corporate Card number to 225689.
Any balance on the Robinsons Corporate Card must be settled. Please ensure that all due payments are made to avoid any inconvenience.
Once you receive and activate your BPI Corporate Card, your Robinsons Corporate Card will be deactivated. Please start using your BPI Corporate Card for all transactions.
Your new BPI Corporate Card will come with its own set of terms and conditions. A copy will be provided with your new card, and they are also available on our website.
If you haven’t received your new card within the mentioned timeframe, please contact our 24-hour BPI Contact Center at (+632) 889-10000 for assistance.
Business Banking
Existing Business Term Loans in Robinsons Bank
If your existing business term loan will mature by October 1, 2024 and beyond, your loan account with Robinsons Bank will become a BPI Ka-Negosyo SME Loan account.
To transition your term loan account to a BPI Ka-Negosyo SME Loan account, kindly nominate a BPI deposit account to use as a settlement account (SETA) for your loan payments, or open a BPI deposit account at any BPI branch nearest to you by March 31, 2024. Our BPI Business Banking Contact Center is available to help you in transitioning your account to BPI. You may reach out to email bbclientservices@bpi.com.ph or (02) 7918-2000, press #2 for business loans.
Your existing business term loan with Robinsons Bank will not become a Ka-Negosyo SME Loan. Kindly settle all outstanding balances with Robinsons Bank on or before your loan maturity.
You may open a new BPI deposit account at any BPI branch by March 31, 2024. Simply inform the Branch that you’re setting it up as SETA for your business loan. Complete the automatic debt arrangement (ADA) form at the Branch or send it to our BPI Business Banking Contact Center email at bbclientservices@bpi.com.ph.
Once your term loan is changed to a BPI Ka-Negosyo SME Loan, your loan and settlement accounts will become BPI accounts. Your loan payments will be made via automatic debit arrangement (ADA) using your enrolled BPI settlement account (SETA).
Your loan amount, amortization schedule, interest rate and tenor will remain the same.
Amortization schedules for your existing business loan account will not change.
Once your account becomes a BPI Ka-Negosyo SME Loan, your loan payments will be made via automatic debit arrangement (ADA) using your enrolled BPI settlement account (SETA). Please keep your enrolled SETA funded to ensure that payments to your loan account is updated.
Interest rate for your existing business loan account will not change.
We encourage you to open or nominate a BPI deposit account as settlement account (SETA) to continue enjoying seamless transactions, and the benefits of your existing business loan.
Should you be unable to open or nominate a BPI SETA, your existing loan will not become a BPI Ka-Negosyo SME Loan. Kindly please settle all outstanding balance of your loan with Robinsons Bank on or before September 30, 2024. Should you have any concerns or questions, our BPI Business Banking Contact Center is available to help you. You may reach out to email bbclientservices@bpi.com.ph or (02) 7918-2000, press #2 for business loans.
You may apply for a new BPI Ka-Negosyo SME loan online through www.bpi.com.ph/sme-banking, or by getting in touch with our Business Banking Client Services at bbclientservices@bpi.com.ph or (02) 7918-2000, select #2 for business loans.
This new loan application will be subject to the evaluation of the Bank.
To learn more about the BPI Ka-Negosyo SME Loan, you may visit https://www.bpi.com.ph/sme-banking/loans/sme-term-loan
If your term loan has not yet been transitioned to BPI, you may continue to reach out to your Robinsons Bank handling Account Officer.
Once your term loan has been changed to a BPI Ka-Negosyo SME Loan, you may get in touch with our Business Banking Client Services at bbclientservices@bpi.com.ph or (02) 7918-2000, select #2 for business loans.
If your business term loan account with Robinsons Bank is secured by a deposit hold-out, our BPI Business Banking Contact Center is available to help you in transitioning your account to BPI. You may reach out to email bbclientservices@bpi.com.ph or (02) 7918-2000, press #2 for business loans.
If your collateral is real estate, improvements such as buildings require fire and earthquake insurance coverage based on the Bank's full appraised value. As a regular requirement, insurance shall be procured from/renewed by BPI/MS Insurance Corporation which shall issue a policy duly endorsed in favor of the Bank as loss payee. Should the mortgaged property have existing insurance coverage with an issuer other than BPI/MS, you agree to pay the administration fee and, upon expiration of your existing non-BPI/MS insurance coverage, procure the required coverage from BPI/MS.
Existing Credit Lines in Robinsons Bank
With the consolidation of the Banks’ products, Robinsons Bank’s Credit Line product will be changed to a BPI Ka-Negosyo Credit Line.
BPI Ka-Negosyo Credit line brings you the same benefits of your existing credit line with Robinsons Bank, and gives you madali, magaan and mabilis access to funds on hand for your business’ recurring needs:
- Easily draw funds from your credit line anytime and anywhere, without having to visit the branch or submit promissory notes
- Use your credit line like an extended wallet and draw funds with more options via BPI BizLink, BPI debit card, ATM, or check
- Monthly payments cover only the interest on the amount used, and you can repay the principal at any time during the loan's validity
BPI Ka-Negosyo Credit Line also comes with a digital banking platform for businesses, BPI BizLink, that allows you to monitor transactions and transfer payments to suppliers and employees, and many more.
To learn more about the BPI Ka-Negosyo Credit Line, you may visit https://www.bpi.com.ph/sme-banking/loans/sme-credit-line
To update your credit line and start enjoying the benefits of having a BPI Ka-Negosyo Credit line, just submit a loan application online on the BPI SME Banking website.
While your BPI Ka-Negosyo Credit Line application is ongoing, you may continue to use and benefit from your existing credit line with no change.
The terms of your new credit line will depend on the approval of your new BPI Ka-Negosyo Credit Line application.
Once your credit line account is approved as a BPI Ka-Negosyo Credit Line account, your credit line and settlement accounts will become BPI accounts. The following loan details will change:
- Loan amount*
- Interest Rate*
- Modes of Line Availment: You can draw from your BPI Ka-Negosyo Credit Line via check issuance, BPI Mobile app, BPI BizLink, BPI debit card, or ATM withdrawal anytime you need access to your line
- Modes of Repayment: Interest dues are payable on every 5th day of the month, and principal dues are payable anytime during the validity period. Options for repayment include automatic debit arrangement (ADA).
BPI Ka-Negosyo Credit Line is renewable every year.
*Your new loan amount and interest rate with BPI Ka-Negosyo Credit Line is subject to the evaluation of BPI.
Your existing credit line will not become a BPI Ka-Negosyo Credit Line. Kindly please settle all outstanding balance with Robinsons Bank on or before expiration of your credit line.
You may continue to use and benefit from your existing credit line while your application for a BPI Ka-Negosyo Credit Line is in process.
In transitioning your credit line to a BPI Ka-Negosyo Credit Line, you will be asked to submit a new BPI loan application, which will be subject to evaluation of the Bank. Your credit line's loan amount and interest rate may change, and will be subject to the Bank's evalution and approval.
You may continue to settle all outstanding balance with Robinsons Bank while your credit line's approval as a BPI Ka-Negosyo Credit Line is still in process.
If your credit line has not yet been transitioned to a BPI Ka Negosyo Credit Line, you may continue to reach out your Robinsons Bank handling Account Officer for any concerns and inquiries.
For any concerns on your application for a BPI Ka Negosyo Credit Line and after set up of the line, you may get in touch with our Business Banking Client Services at bbclientservices@bpi.com.ph or (02) 7918-2000, select #2 for business loans.