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| Frequently Asked
Questions |
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| What products does BPI Forex
Corporation offer? |
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| Aside from the regular
over-the-counter exchange of bank notes and coins, BPI Forex
Corporation purchases and sells demand drafts, wire transfers
and travellers checks of widely traded currencies. |
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| Does BPI Forex Corporation only
deal in US Dollars? |
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BPI Forex Corporation can also
transact in other major currencies such as the Australian
Dollar, Canadian Dollar, Euro, Japanese Yen, and many other
foreign currencies.
To view the complete list of currencies that are accepted,
click here. |
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| How do I avail of the services of
BPI Forex Corporation? |
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| You may call or visit our
main office or any of our forex stations strategically located in the major commercial centers and
financial districts in Metro Manila. Our friendly forex officers
and tellers would be glad to serve you. You may also avail of
our services at any of the BPI and BPI Family Savings Bank
branches located around the Philippines. |
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| Are there any restrictions as to
the amount I can deal with BPI Forex? |
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Selling: There are no limits to the
amount you can sell or convert into pesos.
Buying: For qualified non-trade purposes, you can now buy up to
the equivalent of US$30,000 daily without supporting documents
other than an Application to Purchase Foreign Exchange. For
non-trade requirements in excess of US$30,000 and all
trade-related purposes, there are no limits to the amount or
frequency of your purchases provided the proper supporting
documents are submitted. |
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| Are there any documents required
before transacting? |
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| When converting funds to pesos, you
need to accomplish an FX slip form. For non-trade purchases of
foreign exchange currencies, a duly accomplished application to
Purchase Foreign Exchange form shall be required. In both
occasions, presentation of 2 Valid IDs is required. For trade
purchases, the following requirements should be submitted to BPI
Forex Corporation: |
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Certified true copies of supporting documents |
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Commercial Invoices |
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Shipping Documents |
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Duly accomplished and notarized application to
Purchase Foreign Exchange form |
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