Who We Are

CORPORATE PROFILE

BancNet at a glance

We are a digital payments network in the Philippines enabling our members’ customers to transact at Automated Teller Machines (ATM), Point-of-Sales (POS) terminals, the internet, and other channels since July 17, 1990.

Under the National Retail Payment System, BancNet is the Clearing Switch Operator (CSO) for real-time electronic fund transfers, better known as InstaPay. In 2022, the Bangko Sentral ng Pilipinas (BSP) authorized BancNet as an Operator of a Designated Payment System (ODPS), with InstaPay being designated as a Prominently Important Payment System (PIPS).

VISION STATEMENT

BancNet is the preferred network that enables safe, efficient and reliable delivery of financial and related services.

VISION STATEMENT

BancNet is the preferred network that enables safe, efficient and reliable delivery of financial and related services.

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Members
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ATMs
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Active Debit/Prepaid Cards
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POS Terminals
Core values

Guiding Our Commitment to You

These beliefs and values guide our business strategies, our corporate behavior, and our relationships with our members, partners, suppliers, customers, communities, and with each other.

Excellence in efficiently and accurately performing our jobs.

Concern for each individual as an important member of the team.

Innovation in all areas of our business as a means of sustaining industry leadership.

Integrity in all our dealings and relationships.

Teamwork in achieving our goals.

Management

2024-2025 Board of Directors

Nestor V. Tan

CHAIRMAN OF THE BOARD
President and CEO, BDO

Wilfredo Rodriguez, Jr.

Executive Vice President, AUB

Alexander G. Seminiano

Senior Vice President, BPI

Manuel C. Tagaza

Senior Vice President, Chinabank

Paul Raymond A. Favila

Chief Executive Officer, Citibank

Salvador R. Serrano

Senior Vice President, East West Bank

Henry Bremridge

Chief Operating Officer, HSBC

Leila C. Martin

Senior Vice President, Land Bank

Fabian S. Dee

President, Metrobank

Hermogenes Esperon, Jr.

Chairman of the Board, Philtrust Bank

Florido P. Casuela

President, PNB

Reginaldo Anthony B. Cariaso

Executive Vice President, RCBC

John Cary L. Ong

Executive Vice President, Security Bank

Cecilio Paul D. San Pedro

President & Chief Executive Officer, Sterling Bank

Edwin R. Bautista

President and Chief Executive Officer, Union Bank

Principal Officers

Fabian S. Dee

President

Edwin R. Bautista

Treasurer

Elmarie S. Reyes

Chief Executive Officer

Agnes H. Maranan

Corporate Secretary

Jennie F. Lansang

Chief Information Officer

Roseanne T. Tan

Head, Business and Relationship Management 

Arnel G. Lim

Chief Audit Executive

Maricelle P. Austria

Head, Human Resource and Administration 

Mabelyn M. Tagasa

Head, Information Technology

Myra A. Privado

Head, Program and Quality Management

Roel Dennis S. Tan

Chief Risk and Compliance Officer

Jonalyn V. Villasin

Head, Finance and Accounting 

Our Members

For inquiries regarding application for membership, please email the Secretariat at membershipsecretariat@bancnetonline.com

Membership Requirements
  • Asia United Bank Corporation
  • Bank of Commerce
  • Bank of The Philippine Islands
  • BDO Unibank, Inc.
  • China Banking Corporation
  • Citibank N. A.
  • CTBC Bank (Philippines) Corporation
  • Development Bank of the Philippines
  • East West Banking Corporation
  • Equicom Savings Bank, Inc.
  • Hongkong And Shanghai Banking Corporation Limited
  • Land Bank of The Philippines
  • Metropolitan Bank and Trust Company
  • Philippine Bank of Communications
  • Philippine National Bank
  • Philippine Veterans Bank
  • Philtrust Bank
  • Rizal Commercial Banking Corporation
  • Robinsons Bank Corporation*
  • Security Bank Corporation
  • Standard Chartered Bank
  • Sterling Bank of Asia, (A Savings Bank)
  • Union Bank of The Philippines
NOTE: * Bank of the Philippine Islands (BPI) and Robinsons Bank Corporation (RBN) have agreed to a merger with BPI as the surviving entity effective January 1, 2024.
  • 1st Valley Bank, A Development Bank
  • Allbank, Inc.
  • Armed Forces and Police Savings and Loan Association, Inc
  • Aurora Integrated Multi-Purpose Cooperative
  • Bangko Mabuhay (A Rural Bank), Inc.
  • Bank of China Limited (Manila Branch)
  • Bank of Makati, Inc.
  • Banktech Philippines, Inc.
  • Bankways, Inc.
  • Barangka Credit Cooperative
  • Bayanihan Bank, Inc
  • BDO Network Bank
  • BOF, Inc. (A Rural Bank)
  • BPI Direct Banko, Inc., A Savings Bank
  • Cantilan Bank
  • CARD Bank, Inc.
  • CARD MRI Rizal Bank, Inc.
  • CARD SME Bank, Inc.
  • Cebuana Lhuillier Rural Bank, Inc.
  • China Bank Savings, Inc.
  • CIMB Bank Philippines, Inc.
  • CIS Bayad Center, Inc.
  • City Savings Bank, Inc.
  • Citystate Savings Bank, Inc.
  • Cooperative Bank of Nueva Vizcaya
  • Cooperative Bank of Quezon Province
  • Country Builders Bank, Inc.
  • CS First Bank, Inc.
  • Deutsche Bank, A.G.
  • Dumaguete Cathedral Credit Cooperative
  • Dumaguete City Development Bank
  • Dungganon Bank, Inc. (A Thrift Bank)
  • East West Rural Bank
  • E-CTK Solutions, Inc.
  • Electronic Network Cash Tellers, Inc.
  • Enterprise Bank, Inc.
  • Entrepreneur Rural Bank, Inc.
  • Euronet Technology Services, Inc.
  • G-Exchange, Inc.
  • Gotyme Bank, Inc
  • Gpay Network Ph, Inc.
  • Gubat Saint Anthony Cooperative
  • Holy Child Multi-Purpose Cooperative
  • Infoserve, Inc.
  • Innovative Bank, Inc.
  • I-Remit, Inc.
  • Isla Bank (A Thrift Bank), Inc.
  • Katipunan Banking Corporation (A Rural Bank)
  • Keb Hana Bank
  • Legazpi Savings Bank
  • Luzon Development Bank
  • Malayan Savings Bank, Inc.
  • Mass-Specc Cooperative Development Center
  • Maya Philippines, Inc.
  • Maybank Philippines, Inc.
  • Megalink, Inc.
  • Mindanao Consolidated Cooperative Bank
  • MUFG Bank, Ltd.
  • National Confederation of Cooperatives
  • Novus Transact Philippines Corporation
  • Omnipay, Inc.
  • Overseas Filipino Bank
  • Pacific Ace Savings Bank, Inc.
  • Partner Rural Bank of Cotabato, Inc.
  • Paynamics Technologies, Inc.
  • Philippine Business Bank, Inc.
  • Philippine Savings Bank
  • Producers Savings Bank Corporation
  • Queen City Development Bank
  • Quezon Capital Rural Bank, Inc.
  • Rural Bank of Canlubang Planters, Inc.
  • Rural Bank of Central Pangasinan
  • Rural Bank of Dulag (Leyte) Inc.
  • Rural Bank of Gattaran
  • Rural Bank of Guinobatan, Inc.
  • Rural Bank of Hindang (Leyte), Inc.
  • Rural Bank of Paracale, Inc.
  • Rural Bank of San Mateo
  • Rural Bank of Tangub, Inc.
  • Saviour Rural Bank
  • Sta. Cruz Savings And Development Cooperative
  • Sun Savings Bank
  • Suyo Multi-Purpose Cooperative
  • Tayabas Multi-Purpose Cooperative
  • UCPB Savings Bank, Inc.
  • USSC Money Services Inc.
  • Wealth Development Bank Corporation
  • Yuanta Savings Bank Philippines Inc.
  • Zambales Rural Bank, Inc.
  • Zybi Tech Inc.
  • Asia United Bank Corporation
  • Bank of Commerce
  • Bank of The Philippine Islands
  • BDO Unibank, Inc.
  • China Banking Corporation
  • Citibank N. A.
  • CTBC Bank (Philippines) Corporation
  • Development Bank of the Philippines
  • East West Banking Corporation
  • Equicom Savings Bank, Inc.
  • Hongkong And Shanghai Banking Corporation Limited
  • Land Bank of The Philippines
  • Metropolitan Bank and Trust Company
  • Philippine Bank of Communications
  • Philippine National Bank
  • Philippine Veterans Bank
  • Philtrust Bank
  • Rizal Commercial Banking Corporation
  • Robinsons Bank Corporation*
  • Security Bank Corporation
  • Standard Chartered Bank
  • Sterling Bank of Asia, (A Savings Bank)
  • Union Bank of The Philippines
NOTE: * Bank of the Philippine Islands (BPI) and Robinsons Bank Corporation (RBN) have agreed to a merger with BPI as the surviving entity effective January 1, 2024.
  • 1st Valley Bank, A Development Bank
  • Allbank, Inc.
  • Armed Forces and Police Savings and Loan Association, Inc
  • Aurora Integrated Multi-Purpose Cooperative
  • Bangko Mabuhay (A Rural Bank), Inc.
  • Bank of China Limited (Manila Branch)
  • Bank of Makati, Inc.
  • Banktech Philippines, Inc.
  • Bankways, Inc.
  • Barangka Credit Cooperative
  • Bayanihan Bank, Inc
  • BDO Network Bank
  • BOF, Inc. (A Rural Bank)
  • BPI Direct Banko, Inc., A Savings Bank
  • Cantilan Bank
  • CARD Bank, Inc.
  • CARD MRI Rizal Bank, Inc.
  • CARD SME Bank, Inc.
  • Cebuana Lhuillier Rural Bank, Inc.
  • China Bank Savings, Inc.
  • CIMB Bank Philippines, Inc.
  • CIS Bayad Center, Inc.
  • City Savings Bank, Inc.
  • Citystate Savings Bank, Inc.
  • Cooperative Bank of Nueva Vizcaya
  • Cooperative Bank of Quezon Province
  • Country Builders Bank, Inc.
  • CS First Bank, Inc.
  • Deutsche Bank, A.G.
  • Dumaguete Cathedral Credit Cooperative
  • Dumaguete City Development Bank
  • Dungganon Bank, Inc. (A Thrift Bank)
  • East West Rural Bank
  • E-CTK Solutions, Inc.
  • Electronic Network Cash Tellers, Inc.
  • Enterprise Bank, Inc.
  • Entrepreneur Rural Bank, Inc.
  • Euronet Technology Services, Inc.
  • G-Exchange, Inc.
  • Gotyme Bank, Inc
  • Gpay Network Ph, Inc.
  • Gubat Saint Anthony Cooperative
  • Holy Child Multi-Purpose Cooperative
  • Infoserve, Inc.
  • Innovative Bank, Inc.
  • I-Remit, Inc.
  • Isla Bank (A Thrift Bank), Inc.
  • Katipunan Banking Corporation (A Rural Bank)
  • Keb Hana Bank
  • Legazpi Savings Bank
  • Luzon Development Bank
  • Malayan Savings Bank, Inc.
  • Mass-Specc Cooperative Development Center
  • Maya Philippines, Inc.
  • Maybank Philippines, Inc.
  • Megalink, Inc.
  • Mindanao Consolidated Cooperative Bank
  • MUFG Bank, Ltd.
  • National Confederation of Cooperatives
  • Novus Transact Philippines Corporation
  • Omnipay, Inc.
  • Overseas Filipino Bank
  • Pacific Ace Savings Bank, Inc.
  • Partner Rural Bank of Cotabato, Inc.
  • Paynamics Technologies, Inc.
  • Philippine Business Bank, Inc.
  • Philippine Savings Bank
  • Producers Savings Bank Corporation
  • Queen City Development Bank
  • Quezon Capital Rural Bank, Inc.
  • Rural Bank of Canlubang Planters, Inc.
  • Rural Bank of Central Pangasinan
  • Rural Bank of Dulag (Leyte) Inc.
  • Rural Bank of Gattaran
  • Rural Bank of Guinobatan, Inc.
  • Rural Bank of Hindang (Leyte), Inc.
  • Rural Bank of Paracale, Inc.
  • Rural Bank of San Mateo
  • Rural Bank of Tangub, Inc.
  • Saviour Rural Bank
  • Sta. Cruz Savings And Development Cooperative
  • Sun Savings Bank
  • Suyo Multi-Purpose Cooperative
  • Tayabas Multi-Purpose Cooperative
  • UCPB Savings Bank, Inc.
  • USSC Money Services Inc.
  • Wealth Development Bank Corporation
  • Yuanta Savings Bank Philippines Inc.
  • Zambales Rural Bank, Inc.
  • Zybi Tech Inc.

Disclosures

2022 Audited Financial Statement
Annual Report 2022
Annual Report 2023
Performance of services (ATM, InstaPay)
Corporate Governance
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Disclaimer: BancNet provides the information, data, and related materials (together, “Materials”) contained in this website solely as a resource for its users without any form of assurance. The Materials provided in this website are provided “as is” without warranty of any kind, either expressed or implied, including without limitation warranties of merchantability, fitness for a particular purpose, and non-infringement. BancNet does not assume any responsibility or liability for the accuracy, completeness or authenticity of any information contained in this website.
NPC 2025 Seal of Registration Logo_BancNet
Disclaimer: BancNet provides the information, data, and related materials (together, “Materials”) contained in this website solely as a resource for its users without any form of assurance. The Materials provided in this website are provided “as is” without warranty of any kind, either expressed or implied, including without limitation warranties of merchantability, fitness for a particular purpose, and non-infringement. BancNet does not assume any responsibility or liability for the accuracy, completeness or authenticity of any information contained in this website.
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