BANK of the Philippine Islands (BPI) has expanded its branchless banking network, allowing customers to open accounts, apply for financial products, and perform cash deposits and withdrawals at thousands of partner stores nationwide.
The bank on Wednesday said its “May BPI Dito” network now covered more than 7,000 retail partner stores, including groceries, pharmacies and gasoline stations, enabling customers to access basic banking services closer to their communities.
Of the more than 7,000 partner stores, 1,369 outlets currently offer cash deposit and withdrawal transactions.
BPI said the expansion of branchless banking consolidated account opening, cash deposits and withdrawals under a single partner-store banking platform as it seeks to widen financial access.
“The real miracle is not technology itself — it is giving more Filipinos the opportunity to participate in the financial system with ease and confidence,” BPI President and CEO TG Limcaoco said.
“Through our growing partner network, we are transforming everyday locations into gateways to banking, helping make financial inclusion a reality for more communities.”
BPI said more than 1 million new depositors had opened accounts through its partner-store network since the initiative was introduced in 2023.
The bank initially launched the network as product application centers before expanding the service in 2024 to include tablet-assisted deposits and withdrawals.
In September 2025, it introduced withdrawals using app-generated barcodes, followed by barcode-enabled cash deposits in April this year.
“What began in 2023 as product application points has evolved into a fully integrated banking ecosystem. Every phase, from enabling transactions on tablets to barcode withdrawals and now barcode deposits, was built to ensure safety, simplicity, and trust,” said Rally Jereza, head of agency banking at BPI.
BPI shares on Wednesday surged P2.55, or 2.66 percent, to close at P98.55 each.