Philippine Trust Company, also known as Philtrust Bank, is a full-service commercial bank that has been serving the Philippines for over a century. Founded in 1916, the bank has since expanded its offerings to include savings accounts, checking accounts, loans, credit cards, and foreign exchange services.
In this article, CashLoanPH will provide a thorough guide to Philtrust Bank’s foreign exchange services. We will cover PhiltrustBank exchange rates today, locations, benefits, tips for saving money, and more.
Philtrust Bank Exchange Rate – Forex Today [New Update]
|Name of Currency||Acronym||Symbol||Buying Rate||Selling Rate|
|United States Dollar||USD||$||54.96||55.99|
|Hong Kong Dollar||HKD||$||6.90||7.32|
|South Korean Won||KRW||₩||0.04||0.05|
Philtrust Bank Overview
|Full Name||Philippine Trust Company|
|Date of Registration||1916|
|Address||Philtrust Bank Building, United Nations Avenue corner San Marcelino Street, Manila|
|Phone||8668-1314 (Customer Support Hotlines)|
Philtrust Bank Foreign Exchange Services
Foreign exchange services are available at each of Philtrust Bank’s branches throughout the Philippines. Customers can also exchange foreign currencies via the bank’s online platform or mobile app. Philtrust Bank offers exchange services for several different currencies, including:
- United States dollar
- Japanese yen
- British pound
- Hong Kong dollar
- Swiss franc
- Canadian dollar
- Singapore dollar
- Australian dollar
- South Korean won
- Chinese yuan
- Saudi riyal
- UAE dirham
Philtrust Bank’s exchange rates are competitive. On top of that, the bank also offers a range of discounts on exchange rates for customers who hold a Philtrust Bank credit card or who exchange large amounts of money.
Benefits of Philtrust Bank’s Foreign Exchange Services
In addition to its competitive exchange rates, Philtrust Bank prides itself on the benefits customers can enjoy when using its foreign exchange services. Below, we highlight several of the top benefits of choosing Philtrust Bank for foreign currency transactions.
- Convenience: With bank branches spread throughout the Philippines, Philtrust Bank customers can easily complete foreign currency transactions close to home or work. Additionally, the bank’s online platform and mobile app provide yet another layer of convenience for customers who want to exchange money outside of traditional banking hours.
- Easy Transactions: Philtrust Bank’s foreign exchange transactions are fast and easy to complete. Customers can exchange currency in person at one of the bank’s branches, online, or via the bank’s mobile app.
- Security: Customers can rest assured that their transactions are secure when using Philtrust Bank for foreign currency transactions. The bank is committed to using the latest security measures to protect customer data to ensure transactions remain safe and secure.
- Knowledgeable Staff: Philtrust Bank’s foreign exchange professionals are friendly and knowledgeable. They are available to help customers complete their transactions and will answer any queries customers may have regarding foreign exchange processes.
How to Save Money When Using Philtrust Bank’s Foreign Exchange Services
Customers looking for the best exchange rate when exchanging currency at Philtrust Bank should consider the following tips:
- Plan Ahead: Currency exchange rates fluctuate regularly. Plan your currency exchange needs ahead of time and monitor the exchange rates to choose the best time to make your exchange.
- Compare Rates: Different banks and currency exchange bureaus might offer different exchange rates. As such, it is a good idea to compare exchange rates from different institutions before completing your transaction.
- Ask About Fees: Banks may charge different fees for currency exchange. Before exchanging currency with Philtrust Bank or any other institution, inquire about the associated fees. Knowing these fees in advance may help you save money.
- Use a Credit Card: Consider using a credit card that offers foreign exchange rewards to save money on your currency exchanges.
- Use a Bank: If you’re comparing banks versus currency exchange bureaus, banks typically offer better exchange rates.
- Exchange in Bulk: If you need to exchange large amounts of money, consider doing so in bulk. Philtrust Bank and other institutions may offer better exchange rates for bulk exchanges.
By considering these tips, you can save money when exchanging currency at Philtrust Bank.
Philtrust Bank is an established commercial bank that offers a broad range of financial services to Filipinos, including foreign exchange services. Customers can easily access these services through one of the bank’s many branches, online platform, or mobile app.
Philtrust Bank prides itself on offering secure, convenient, easy, and competitive foreign exchange services along with beneficial discounts for its regular customers.
By taking time to plan your foreign currency transactions, compare exchange rates, inquire about fees, and use credit cards or exchanges in bulk, you can benefit from significant monetary savings when conducting your currency exchanges with Philtrust Bank.