Metrobank Philippines SWIFT Code: MBTCPHMM

The SWIFT/BIC code for Metropolitan Bank & Trust Company (Metrobank) is MBTCPHMM. MBTC identifies Metrobank, PH stands for the Philippines, and MM is the Manila location code. This code routes international wire transfers to Metrobank accounts.

Metrobank is the Philippines' second-largest bank by assets. Founded in 1962 by George Ty, the bank is part of the GT Capital Holdings conglomerate. It operates roughly 950 domestic branches and has overseas offices in the US, Japan, South Korea, Taiwan, and the UK.

Philippine Peso Trade Settlements

Metrobank handles trade finance for Philippine exporters and importers, particularly in electronics (the country's largest export category), garments, and food processing. Trade-related wires in USD-PHP are the bank's highest volume SWIFT transaction type.

The Bangko Sentral ng Pilipinas (BSP) requires banks to report foreign exchange transactions above $50,000. Metrobank charges PHP 100 to PHP 250 for incoming international transfers depending on currency and account type.

BPO Industry Payroll and Metrobank

Metrobank has strong relationships with BPO (business process outsourcing) companies operating in the Philippines. Payroll wires from US and European parent companies to Philippine BPO subsidiaries often route through MBTCPHMM. These transfers are typically monthly, USD-denominated, and converted to PHP for local payroll.

The bank's overseas branches in New York, Los Angeles, and Guam serve Filipino-American communities, providing a direct corridor for personal remittances without intermediary bank fees.

How Slash fits in

Slash monitors Metrobank wire transfers and gives your team visibility into PHP trade and payroll payment flows. BPO payroll wires and supplier payments are categorized and reconciled alongside your other banking accounts.

Metrobank Philippines SWIFT Code: MBTCPHMM