The main stock exchange in the Philippines is the Philippine Stock Exchange (PSE). It acts as a central point for many local and international investors, allowing them to be part of the growth and progress of the Philippine capital market.
The hours when trading happens on the stock exchange are important to know when trading in the market. The market hours of any stock exchange are more than mere time slots; they wield considerable influence over the intricate dynamics of the market. These hours play a critical role in determining the ebb and flow of liquidity, essentially shaping the speed at which transactions are executed.
PSE Trading Hours
The Philippine Stock Exchange (PSE) observes closure during weekends and on public holidays. A list of public holidays for the year 2024 is available on the following link, indicating the specific dates on which the PSE will remain closed to trading activities.
Remember to conduct thorough research, seek professional advice if needed, and make informed investment decisions based on your financial goals and risk tolerance.
Healthcare is a top priority, and PhilHealth is at the forefront of making it accessible for every Filipino. The PhilHealth Contribution Table has seen some changes from 2019 to 2024, affecting how much we contribute to our health coverage.
Let’s break down the updates and navigate PhilHealth contributions from 2019 to 2024 easily.
Here’s the Philhealth Contribution Table from 2019 to 2024:
2024 is the year of digital banking taking over, and they’re bringing high interest rates to the table. No more waiting in lines or drowning in paperwork – these banks are just easy to access on your phone or computer.
Why should you care? Well, these digital banks aren’t just easy to use; they’re also boosting your money with awesome interest rates. We’re here to spill the deets on their user-friendly apps, top-notch security, and, most importantly, how they’re making your money grow.
Get ready to embrace the future of banking, where your money not only stays safe but also has the potential to grow like never before. Let’s explore into the world of digital banks with high interest rates – your wallet will love it!
Digital Banks with High Interest Rates in the Philippines
Complete List of Bank Codes and SWIFT Codes Philippines
What is a Bank Code?
A Bank Routing Symbol Transit Number (BRSTN), also known as a bank code, is a unique nine-digit identifier assigned to a bank.
This numerical combination is utilized to recognize the bank’s name, location (city), and country in financial transactions. It serves as a distinctive code allocated to each bank for identification in the activity of financial transactions.
What is the purpose of the Bank Code?
It is a standard way for banks to easily and securely exchange money. It’s like a special code that helps identify where the money is coming from and going. This code is widely used across the country, making it a simple and reliable way for people and businesses to send and receive money through banks.
Bank Code in the Philippine Banks
BANK
BANK CODE
Asia United Bank Corporation (AUB)
011020011
Australia and New Zealand Banking Group Limited
010700015
Bank of America, N.A.
010120019
Bank of China
011140014
Bank of Commerce
010440016
Bank of the Philippine Islands (BPI)
010040018
BDO Unibank, Inc. (BDO)
010530667
China Banking Corporation (China Bank)
010100013
China Bank Savings, Inc.
011129996
Citibank, N.A.
010070017
CIMB Bank
018010011
Deutsche Bank AG
010650013
Development Bank of the Philippines (DBP)
010590018
EastWest Bank
010620014
Equicom Savings Bank, Inc.
010960017
Globe Xchange, Inc. (GCash)
018040010
First Consolidated Bank
020780012
HSBC Philippines
010060014
ING Bank N.V.
010660029
JPMorgan Chase Bank, N.A.
010720011
Land Bank of the Philippines
010350025
Maybank Philippines, Inc.
010220016
Metropolitan Bank and Trust Co. (Metrobank)
010269996
Philippine Bank of Communications (PBCOM)
010110016
Philippine National Bank (PNB)
010080010
Philippine Savings Bank (PSBank)
010470992
Philippine Veterans Bank
010330016
Philippine Trust Company
010090039
Rizal Commercial Banking Corporation (RCBC)
010280014
Robinsons Bank Corporation
011070016
Security Bank Corporation
010140015
Standard Chartered Bank
010050011
Sterling Bank of Asia Inc.
011190019
Tonik Digital Bank
011570011
Union Bank of the Philippines
010419995
United Overseas Bank Philippines
010270341
What is a SWIFT Code?
Imagine you have a friend in another country, and you want to send them money. Now, banks need a way to identify each other globally to make sure the money gets to the right place. That’s where SWIFT codes come in.
SWIFT, which stands for the Society for Worldwide Interbank Financial Telecommunication, gives each bank a unique code. It’s like a special address for banks. When you want to send money internationally, you include your bank’s SWIFT code along with other details, and it helps guide the money to the correct destination.
So, in short, SWIFT codes are like international postal codes for banks, ensuring your money reaches the right bank in another part of the world.
What is the purpose of the SWIFT Code?
This verification process is commonly facilitated by the utilization of various terms, including Business Identifier Code (BIC), BIC code, SWIFT-BIC, or SWIFT ID.
These designations collectively refer to the unique alphanumeric codes assigned to financial institutions, ensuring the authentication and protection of financial transactions during interbank communications.
SWIFT Code contains eight to 11 characters format:
A Bank Routing Symbol Transit Number (BRSTN), also known as a bank code, is a unique nine-digit identifier assigned to a bank.
This numerical combination is utilized to recognize the bank’s name, location (city), and country in financial transactions. It serves as a distinctive code allocated to each bank for identification in the activity of financial transactions.
What is the purpose of the Bank Code?
It is a standard way for banks to easily and securely exchange money. It’s like a special code that helps identify where the money is coming from and going. This code is widely used across the country, making it a simple and reliable way for people and businesses to send and receive money through banks.
