The Bank of the Philippine Islands (BPI) now allows customers to deposit money into their BPI accounts through cashiers at supermarkets and other retail stores, according to a report by Google News — retail Philippines.
The service expands BPI's deposit channels beyond traditional bank branches and ATMs, allowing clients to make cash deposits at participating store checkout counters. Details on fees, transaction limits, and participating store chains were not immediately disclosed.
The move aligns with a broader trend among Philippine banks to partner with retail merchants for last-mile banking services, aiming to improve financial inclusion by making basic transactions more accessible to customers in areas with limited bank branches.