Asiatrust and PayPal Bank Codes
Tuesday, January 29, 2008 ADVERTISEMENTS
Captain's Log Stardate -315079.04

I have been using PayPal for several years now since I have a credit card and savings account based in the US. But with my current setup, it's very difficult to withdraw money since I have to ask my relatives to send it to me via money remittance. That's why I was so happy to learn that I can now add Philippine banks with my Philippine PayPal account.
One of my savings account is with Asiatrust. I asked Lalaine to call them for me for the bank's 9-digit code. As usual, their hotline is clueless on PayPal. Instead of the bank code that PayPal needs, they gave Lalaine an 8-character code: MRMDUS33. Turns out that this is a SWIFT code of HSBC.
Since calling their hotline again would prove useless, I decided to send an email. At least it's electronic and someone on the receiving end might at least be knowledgeable about these things right? I clearly specified on my email that I needed a 9-digit bank code and even included a link to eBay's list of Philippine Bank Codes. After 15 mins, I received this reply:
Sir,
Paypal is a bills payment facility available in the internet, unfortunately Asiatrust is not yet enrolled and included among other banks which can facilitate bills payment in the internet.
Fyi.
Thank you.
Coco Beltran customerhotline(AT)asiatrustbank(DOT)com 924-5778 I'm no bank expert but do our local banks really need to enroll with PayPal to use the "bills payment facility"? Why won't they just give me the bank code and let me try if PayPal would accept the bank account? Dammit. Our banks are sooo in the 1950s.
Anyway, here's some partial and official bank codes released by PayPal:
| BANK NAME | 9 digit code | | ALLIED BANKING CORP | 010320013 | | AUSTRALIA NEW ZEALAND | 010700015 | | ASIA UNITED BANK | 011020011 | | BANGKO SENTRAL NG PILIPINAS | 010030015 | | BANGKOK BANK | 010670019 | | BANK OF AMERICA | 010120019 | | BANK OF CHINA | 011140014 | | BANK OF TOKYO | 010460012 | | BANCO DE ORO (& EPCIB) | 010530667 | | BANK OF COMMERCE | 010440016 | | BANK OF THE PHIL ISLANDS | 010040018 | | CHINA BANKING CORP | 010100013 | | CHINA TRUST COMML BANK | 010690015 | | CITIBANK N.A. | 010070017 | | DEVT BANK OF THE PHILS | 010590018 | | DEUTSCHE BANK | 010650013 | | EAST WEST BANK | 010620014 | | EXPORT & INDUSTRY BANK | 010860010 | | FUJI BANK | 010640010 | | HONGKONG AND SHANGHAI BANK | 010060014 | | INTL COMML BANK OF CHINA | 010560019 | | INTL EXCHANGE BANK | 010680012 | | JP MORGAN CHASE BANK | 010720011 | | KOREA EXCHANGE BANK | 010710018 | | INTL NEDERLAND BANK | 010660016 | | LAND BANK OF THE PHILS | 010350025 | | MAYBANK OF THE PHILS | 010220016 | | METROPOLITAN BANK & TRUST CO | 010269996 | | PHIL BANK OF COMMUNICATION | 010110016 | | PHIL TRUST COMPANY | 010090039 | | PHIL NATIONAL BANK | 010080010 | | PRUDENTIAL BANK | 010150018 | | PHIL VETERANS BANK | 010330016 | | RIZAL COMML BANKING CORP | 010280014 | | SECURITY BANK & TRUST CO | 010140015 | | STANDARD CHARTERED BANK | 010050011 | | UNITED COCONUT PLANTERS BANK | 010299995 | | UNION BANK OF THE PHILS | 010419995 | | UNITED OVERSEAS BANK | 010270189 |
*Computer end log*

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THERE ARE 1 COMMENT(S) ON THIS POST:
There are so many things wrong with Coco's answer, I don't know where to start.
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