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December 05, 2022

Bank of China-Manila ramps up digitization initiatives

The bank said it aims to grow its digital customer base fast.

Bank of China-Manila unveiled its interconnection with InstaPay the realtime electronic fund transfer service, for peso fund transfers. The bank said it continues to ramp up its initiatives amid its growing digital customer base backing the initiatives of the BSP to transform the country into a cash-lite economy. The said partnership also permits the bank’s retail customers to wire funds from person-to-person, QR code, or multi proxy service.

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