The Bankers Association of the Philippines assures the public that its member banks shall continue to provide financial services to their clients amid the current rise of COVID-19 cases in the country.
In line with this commitment, the public is advised that interbank USD/PHP spot trading and swap trading hours will remain from 9AM to 4PM. This step shall guarantee the continued operation of financial markets, therefore enabling market participants to continue meeting their liquidity needs as well as making appropriate hedges in their portfolios and balance sheets for risk management purposes.
For retail services such as foreign exchange, we encourage the public to check with their respective banks’ websites and social media pages to stay updated regarding changes in the availability of these services.
Our member banks’ operational adjustments are implemented to ensure that your banking requirements are met throughout this pandemic.
We will continue to provide updates on financial services to the public. In the meantime, we encourage everyone to continue practicing health protocols for their safety and protection.