SWIFT / BIC
SWIFT/BIC code of Welcome Bank, Rural Bank Inc.
WERAPHM2 · Philippines
- BIC, 8 characters
- WERAPHM2
- BIC, 11 characters
- WERAPHM2XXX
- Country
- Philippines
- Address
- I Square Building Floor GO2 15 Meralco Avenue Ortigas Center Pasig City 1605 Philippines
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How WERAPHM2 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | WERA Bank code |
| 5–6 | 2 | PH Country |
| 7–8 | 2 | M2 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Philippines
How to use WERAPHM2 for a transfer
Give the sender two things: the BIC WERAPHM2 (or WERAPHM2XXX if the form asks for 11 characters) and your account number at Welcome Bank, Rural Bank Inc. In Philippines the account number is the local one shown on the statement. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Welcome Bank, Rural Bank Inc.?
The SWIFT/BIC code of Welcome Bank, Rural Bank Inc. is WERAPHM2. In the 11-character form it is WERAPHM2XXX, where XXX stands for the head office.
Is WERAPHM2 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. WERAPHM2 is the same code under either name.
Do I also need the IBAN to receive money at Welcome Bank, Rural Bank Inc.?
Philippines does not use the IBAN: give the BIC together with the local account number as shown on the statement.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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Accounts in euros, US dollars and pounds, each with its own coordinates, held in full reserve.
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