About Us > Corporate Profile


BancNet is the Philippines single ATM switch operator. It is a multi-bank, multi-channel electronic payments network that enables its members’ customers to transact not only at Automated Teller Machines (ATM) but also at point- of- sale (P.O.S.) terminals, the Internet and mobile phones. It started operations on July 17, 1990.

Aside from the traditional cash withdrawal service at the ATM, BancNet provides a wide range of services through the different channels, such as balance inquiry, checkbook re-order, statement request, interbank fund transfer, payment of bills, prepaid phone and Internet reloading, payment of purchases by direct debit to account, and remittance of taxes, Pag-IBIG, Philhealth and Social Security System contribution and loan repayments.

Its interconnection with international ATM and POS networks Diners Club, Discover Card, KFTC, JCB, MasterCard, Union Pay, and VISA, enables foreign cardholders to access their accounts in the Philippines.

It has also interconnected with the New York Currency Exchange (NYCE) allowing cardholders of Philippine issued ATM cards to access their accounts in the United States through NYCE’s network of ATMs.


BancNet is the leading electronic network for the excellent and secure delivery of financial and related services for member institutions, affiliates, and customers locally and globally.

We accomplish this through values-driven human resources, outstanding corporate governance, synergy and best utilization of technology.