The service, called BPI Remit, allows senders in the US to transfer funds directly from their bank accounts to BPI accounts in the Philippines using the bank’s mobile app or online platform.
Aside from loan packages, MyFiesta featured exhibits from motoring and real estate partners, financial literacy talks, and celebrity guest appearances that entertained and engaged mallgoers.
Data from the Cybercrime Investigation and Coordinating Center (CICC) showed a sharp increase in cybercrime complaints, from 3,317 in 2023 to 10,004 in 2024. Consumer fraud comprised 35% of the reports, with losses nearing ₱198 million.
The Bank of the Philippine Islands (BPI) is marking its 174th anniversary with plans to further strengthen its digital initiatives as part of its ongoing transformation strategy.
BPI’s #ProudtoBePartofIt campaign earned a Gold Anvil and was among the top three finalists for the Platinum Anvil, the highest distinction for PR Tools.
Recently, the government passed a law that criminalized "money mule-ing" activities -- the Anti-Financial Account Scamming Act (AFASA). Through this policy reform, a person found guilty of acting as money mule will be penalized.