Bank of Commerce recently joined BancNet, the country’s largest electronic banking consortium and ATM network.
The bank is one of the country’s largest commercial banks and has 117 branches and over 150 ATMs nationwide. It brings BancNet’s membership roster to 61 and ATM network to more than 4,600.
With this move, Bank of Commerce’s over 70,000 ATM cardholders and corporate clients will be able to avail themselves of more e-banking services available through BancNet for their greater convenience. These include payment of purchases at more than 20,000 shops, mobile banking, mobile shopping, online banking, online shopping, online remittance of SSS contributions and loan repayments, and online payment of taxes.
Present during the signing of the membership agreement were (from left) Bank of Commerce EVP and Operations Sector head Carmelita R. Araneta, EVP and Executive Support Sector head Arturo E. Manuel, Jr., president and chief executive officer Virgilio Martin Z. Goquingco, BancNet chairman Ricardo R. Chua, president Francisco M. Caparros, Jr. and EVP and chief operations officer Aristeo P. Zafra, Jr.
