bank of america locations in the philippines

bank of america locations in the philippines

bank of ameica locations in the philippines

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Are There Any Bank of America Branches in the Philippines?

Bank of America has a branch in the Philippines near the city of Manila. Manila is the capital and largest city of the country. Bank of America has locations in 12 countries and territories within the Asia Pacific region. Bank of America Philippines is located in Makati, a city just outside of the country’s capital.

The Manila-Makati branch was the first for Bank of America in the Philippines and the Asia Pacific region as a whole. Bank of America is headquartered in Charlotte, N.C. The corporation has in excess of 150 locations in the world. Forbes listed Bank of America as the third largest company in the world in 2010. Bank of America had an estimated 245,000 employees worldwide in 2013, and an estimated revenue of $88.9 billion.

Bank of America Philippines is located in the Philamlife Tower. The Makati branch can be found at 8767 Paseo de Roxas, Makati.

bank of america locations in the philippines
bank of america locations in the philippines

Includes a list of U.S. banks operating in the market; indicates whether Ex-Im Bank offers any country-specific programs.

This information is derived from the State Department’s Office of Investment Affairs’ 2018 Investment Climate Statement.  Any questions on the ICS can be directed to [email protected]

The commercial banking system includes three U.S. foreign-branch banks: Citibank, which operates six full-service Citibank branches in key locations in Metro Manila and Metro Cebu; Bank of America; and JP Morgan Chase.  Two U.S. banks have representative offices in the country: Wells Fargo Bank and Bank of New York Mellon.

Reflecting a long history of economic and political ties, all commercial banks in the Philippines have correspondent U.S. banking relationships.  The best way for a firm to determine whether its U.S. bank has a correspondent bank in the Philippines is by checking with the U.S. bank.

Commercial
Banks
Address and Contact # Contact Person
1.  Bank of America
Merrill Lynch
27/F Philamlife Tower, 8767 Paseo de
Roxas, Makati City 1226
Tel: (632) 815-5000; 815-5600
Fax: (632) 815-5582
E-mail: [email protected]
Vincent P. Valdepenas
Country Manager
2   Citibank, N.A.
(Phils.)
16/F Citibank Plaza, 34th St. cor. Lane S, Bonifacio Global City, Taguig City 1634
Tel: (632) 841-3384
Fax: (632) 894-7703
E-mail: [email protected]
Aftab Ahmed
Country Officer
3. JP Morgan Chase Bank, N.A. 30/F Zuellig Bldg., Makati Ave. cor. Paseo de Roxas, Makati City 1225
Tel: (632) 885-7925
Fax: (632) 885-7924
E-mail: [email protected]
Roberto L. Panlilio
Representative
Offices
1. Wells Fargo Bank, N.A. 15/F Tower I, Enterprise Center, 6766 Ayala Ave. cor. Paseo de Rpxas, Makati City 1200
Tel: (632) 884-8426
Fax: (632) 884-8644
E-mail: [email protected]
Imelda B. Capistrano
Senior Vice President & Country Manager
2.  Bank of New York Mellon 10/F Philamlife Tower, 8767 Paseo de Roxas, Makati City 1200
Tel: (632) 885-0383
Fax: (632) 885-0382
E-mail: [email protected]
Ma. Therese A. Floro
Chief Representative

Traveling Internationally?

Use your Bank of America ATM or debit card at one of our International partner ATMs and avoid the non-Bank of America ATM $5 usage fee for each withdrawal, transfer or balance inquiry as well as the ATM operator access fee.

  • Barclays United Kingdom (England, Scotland, Wales, Northern Ireland, Jersey, Guernsey and the Channel Islands)
  • BNP Paribas (France)
  • BNL D’Italia (Italy)
  • Deutsche Bank (Germany and Spain)
  • UkrSibbank (Ukraine)
  • TEB (Turkey)
  • Scotiabank (Canada, Mexico, Peru, Chile, and the Caribbean countries: Antigua & Barbuda, The Bahamas, Barbados, Cayman Islands, Dominican Republic, Jamaica, Trinidad & Tobago, and Turks & Caicos Islands)
  • Westpac Bank (Australia and New Zealand)
  • China Construction Bank (Mainland China, excluding Hong Kong)

Bank of America will assess an international transaction fee of 3% of the converted US dollar amount. Foreign ATM operators may offer to do your currency conversion for you, but they may charge a higher fee for conversion. To insure that your currency conversion does not incur a fee higher than 3%, you may refuse the ATM operator’s offer to convert the amount of the transaction.

Note: Participation in this program is subject to change, please review participating Financial Institutions prior to traveling internationally and using International Partner ATMs.

bank of america locations in the philippines
bank of america locations in the philippines

Your foreign currency is ready when you are.

Bank of America helps you with your foreign currency needs. Use our secure, convenient, online service to:

  • Sign in and purchase up to $10,000 of foreign currency a month.
  • Check daily foreign currency banknote exchange rates.
  • Calculate the value of your currency before you exchange money.

Best Bank of America Credit Cards

Bank of America ranks as the fifth-largest issuer of credit cards in terms of purchase volume as of 2021.1 One of the biggest issuers of cards in the Visa network, Bank of America has more than 4,200 branches across the U.S. and offers cards for those seeking travel and cash back rewards, as well as student, balance transfer, and business credit cards.

We researched and scored Bank of America credit cards to find the best ones for consumers and businesses with a variety of needs. From travel credit cards to cash back cards and even cards for those with bad credit, Bank of America has a credit card to suit your individual needs. Keep reading for our top picks of the best Bank of America credit cards.

SEE Best Bank of America Credit Cards for December 2021

  • Best Overall, Best Travel: Bank of America® Premium Rewards®
  • the Best Student: Bank of America® Customized Cash Rewards for Students
  • Best No Annual Fee Travel: Bank of America Travel Rewards
  • the Best Cash Back: Bank of America® Customized Cash Rewards Credit Card
  • Best Business: Business Advantage Travel Rewards
  • the Best for Bad Credit: Bank of America® Customized Cash Rewards Secured
bank of america locations in the philippines
bank of america locations in the philippines

Bank of America launches new luxury credit card and expands its Preferred Rewards program

The credit card issuer isn’t the only issuer to enter into the luxury credit card space this year: Capital One released the Capital One Venture X Rewards Credit Card, with a $395 annual fee card with a host of perks like an up to $300 statement credit for bookings through Capital One Travel and a yearly anniversary bonus of 10,000 bonus miles (equal to $100 towards travel). It’s already a crowded market with popular choices like the Chase Sapphire Reserve® and The Platinum Card® from American Express.

Below, Select looks at the features of the Premium Rewards Elite card and the changes to BoA’s Preferred Rewards Program to help you decide whether the Premium Rewards Elite card is better for you than other luxury cards on the market.

Bank of America’s new luxury card

The Premium Rewards Elite Card has a steep $550 annual fee, but it comes with a host of perks. Cardholders get a $300 annual airline incidental credit and a $150 annual lifestyle credit. The Premium Rewards Elite Card offers 2X points on travel and dining and 1.5X points on all other eligible purchases to all cardholders. The redemption value is one cent per point.

The Premium Rewards Elite Card has a decent welcome bonus: Cardholders can earn 50,000 points (worth $500; but can be worth up to $600 if redeemed for travel) if they spend $3,000 within 90 days of account opening. Yet the welcome bonus is not as generous as other existing offers

For example, the Citi Premier® Card has a $95 annual fee card and a more lucrative welcome bonus. New cardholders can earn 80,000 points (worth $800) when they spend spend $4,000 in eligible purchases within the first three months of account opening. And the Sapphire Reserve has a welcome bonus of 50,000 bonus points (worth $750 if redeemed for travel through Chase Ultimate Rewards®) after you spend $4,000 on purchases in the first three months of account opening. The Premium Rewards Elite Card welcome bonus is okay, but given the high annual fee, there are other cards that offer bigger welcome bonuses and better perks.

Yet the card’s perks may not justify the fee for many people. While the Premium Rewards Elite Card has an up to $300 annual airline incidental statement credit and a $150 annual lifestyle statement credit, the airline incidental statement credit is not like the travel statement credit offered by cards like the Venture X or the Sapphire Reserve.

The Venture X offers cardholders a $300 credit for travel, like flights and hotels, booked through the Capital One Travel Portal. The Sapphire Reserve also offers a $300 reimbursement for travel purchases, and you don’t have to even book through the Chase Travel portal.

With the Premium Rewards Elite Card, you get an airline incidental credit that can only be used on purchases like seat upgrades, baggage fees and airline lounge fees. If you prefer a luxury credit card with a flexible travel credit, the Premium Rewards Elite Card is not the best option for you.

bank of america locations in the philippines
bank of america locations in the philippines

The Premium Rewards Elite Card also has with a $150 annual lifestyle statement credit, which can be used for select streaming services, food delivery, fitness subscriptions and ridesharing services — and a $100 statement credit for Global Entry or TSA PreCheck® membership (once every four years). Cardholders will receive Priority Pass Select Lounge access.

There is also no 0% Introductory APR period for the Premium Rewards Elite Card, so the interest rate on purchases and balance transfers can range from 15.99% to 22.99% variable.

The Premium Rewards Elite Credit Card is essentially a luxury version of the Bank of America® Premium Rewards® Credit Card. The Premium Rewards card has a $95 annual fee, no foreign transaction fee and offers perks like a $100 airline incidental statement credit and an up to $100 statement credit for TSA PreCheck or Global Entry Application (once every four years).

also The Premium Rewards card also has the same cash-back rate as the Premium Rewards Elite Card: 2 points for every dollar spent on travel and dining purchases and 1.5 points for every dollar spent on all other eligible purchases (25% to 75% more cash-back if you’re a Preferred Rewards member). In other words, the majors benefits of the Premium Rewards Elite card over the Premium Rewards card are the airline incidental and lifestyle credits, so if those credits aren’t worth much to you, you might consider the Premium Rewards Card instead.

You can redeem points for travel, cash back, a statement credit, experiences or gift cards. If you redeem your points for airfare using the Bank of America Travel Center or concierge, your points will be worth 20% more or 1.2 points per dollar.

 

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