Security Bank of the Philippines: review, and exchange rates 2023

Security Bank Philippines is a prominent universal bank that has earned a strong reputation in the Philippines. With its extensive range of services, products, and solutions, the bank caters to the needs of both retail and corporate customers. In this comprehensive review, we will delve into various aspects of Security Bank, including its history, credits and services, products, structure, currency exchange rates, customer support, and more.

Since its establishment in 1951, Security Bank has witnessed significant growth and transformation. It has adapted to changing market dynamics and embraced technological advancements to enhance its offerings and deliver exceptional banking experiences. From traditional banking services to digital innovations, Security Bank has continually evolved to meet the demands of its customers.

Within this review, we will explore the bank’s history and evolution, examining its journey from its inception to its current status as a trusted financial institution. We will also delve into the diverse range of credits and services offered by Security Bank, catering to the financial needs of individuals and businesses alike.

Furthermore, we will explore the wide array of products and solutions provided by Security Bank, including deposit accounts, investment options, insurance coverage, and remittance services. The bank’s commitment to delivering innovative banking solutions will be highlighted, along with an examination of its online and mobile banking platforms.

Additionally, we will discuss the bank’s structure and branch network, emphasizing the accessibility of Security Bank’s services throughout the Philippines. We will also examine the bank’s approach to currency exchange rates, ensuring competitive rates for customers engaging in international transactions.

Customer support is of utmost importance to Security Bank, and we will explore the bank’s commitment to delivering excellent service. From responsive helplines to comprehensive FAQ sections, Security Bank strives to provide efficient and reliable support to its customers.

Lastly, we will examine the banking conditions and policies upheld by Security Bank, highlighting the transparency and customer-friendly approach maintained by the bank. Clear terms and conditions for various banking products and services, in adherence to regulatory guidelines, ensure the security and confidence of customers.

Join us as we delve into the world of Security Bank Philippines, exploring its history, credits and services, products, structure, currency exchange rates, customer support, and more. Discover how Security Bank continues to be a leader in the Philippine banking industry, providing innovative solutions to meet the financial needs of its customers.

History and Evolution

Security Bank Philippines was founded in 1951 as Security Bank and Trust Company. Initially, it focused on providing traditional banking services such as deposits, loans, and trust services. Over the years, the bank expanded its operations and established a strong presence in the Philippine banking industry. In 1995, Security Bank became a publicly listed company, further solidifying its position in the market. The bank has continued to evolve, adapt to changing customer needs, and embrace technological advancements to provide innovative banking solutions.

Credits and Services

Security Bank offers a wide array of credit facilities and services to meet the diverse needs of its customers. Whether you are an individual looking for personal loans or a business in need of corporate financing, Security Bank provides tailored credit solutions. The bank offers various credit products, including personal loans, home loans, auto loans, business loans, and credit cards. These credits come with competitive interest rates, flexible repayment terms, and easy application processes, making it convenient for customers to fulfill their financial requirements.

Security Bank Exchange Rate

🇵🇭 PHP
Currency Buy Sell
🇺🇸 USD 58.35 58.85
🇪🇺 EUR 60.8045 65.2193
🇬🇧 GBP 71.5763 77.169
🇯🇵 JPY 0.3531 0.3846
🇸🇬 SGD 41.0656 45.3901
🇭🇰 HKD 7.0918 7.7633
🇦🇺 AUD 36.8672 40.1619
🇨🇦 CAD 40.7558 43.9403
🇰🇷 KRW 0.04 0.0441
🇨🇭 CHF 62.2748 67.4885
🇨🇳 CNY 7.7698 8.3746

Credit and Application Status

Security Bank of the Philippines provides a range of credit facilities to meet the financial needs of its customers. These credit facilities include personal loans, home loans, auto loans, and corporate loans. The bank offers competitive interest rates, flexible repayment terms, and streamlined application processes to ensure a seamless experience for borrowers.

To apply for credit facilities at Security Bank, customers can follow a straightforward application process. The bank offers multiple channels for application submission, including online applications, in-branch applications, and phone applications. The bank’s website provides detailed information on the required documents, eligibility criteria, and application forms for each credit facility.

Security Bank understands the importance of transparency and strives to keep its customers informed about the status of their credit applications. Customers can check the status of their applications through various channels, such as online banking, mobile banking, or by contacting the bank’s customer service. The bank ensures prompt updates on application progress, ensuring that customers are kept well-informed throughout the process.

Once the credit application is approved, Security Bank takes prompt action to disburse the funds to the borrower. The bank provides clear information about the disbursement process, including the expected timeline and modes of fund transfer. With a commitment to efficiency, Security Bank ensures that approved funds are promptly disbursed to the borrowers, enabling them to fulfill their financial needs.

Security Bank emphasizes the importance of responsible credit management. The bank provides customers with convenient tools and resources to monitor their credit and manage their repayments effectively. Customers can access their loan accounts through online banking or mobile banking platforms, allowing them to track their payment schedules, outstanding balances, and repayment history. Additionally, the bank offers various payment options, including auto-debit arrangements and online payment facilities, to simplify the repayment process.

For credit facilities with revolving features, such as credit cards or credit lines, Security Bank regularly reviews credit limits to ensure they are aligned with customers’ financial profiles. The bank takes into account factors such as credit history, income, and overall creditworthiness when determining credit limit adjustments. Customers can contact the bank’s customer service or visit a branch to request a review of their credit limits.

In conclusion, Security Bank of the Philippines maintains a transparent and customer-centric approach to credit facilities. With a streamlined application process, timely updates on application status, and efficient disbursement of approved funds, the bank aims to provide an excellent borrowing experience for its customers. Additionally, the bank offers robust credit monitoring tools and flexible repayment options to help borrowers manage their credit responsibly.

Products and Solutions

In addition to its credit facilities, Security Bank offers a comprehensive range of banking products and solutions. For individuals, the bank provides deposit accounts, time deposits, investment products, insurance, and remittance services. Corporate customers can benefit from cash management solutions, trade finance services, treasury products, and more. Security Bank also offers online and mobile banking platforms, allowing customers to conveniently access their accounts, make transactions, and avail themselves of various banking services.

Security Bank Swift Code

The Swift Code, also known as the Bank Identifier Code (BIC), is a unique identification code used to facilitate international wire transfers and communication between financial institutions. Having the correct Swift Code is essential to ensure accurate and secure transfer of funds.

The Swift Code for Security Bank of the Philippines is SECBPHMM. This code uniquely identifies the bank when conducting international transactions. It is important to provide the correct Swift Code to both the sending and receiving financial institutions when initiating international wire transfers to or from Security Bank.

To ensure the accuracy of the Swift Code, it is recommended to verify the code directly with Security Bank or through reliable sources such as the bank’s official website, customer service hotline, or by contacting a local branch. It is important to double-check the Swift Code before initiating any international transactions to avoid potential errors or delays in fund transfers.

When initiating an international wire transfer to a Security Bank account, the sender must provide the following information:

  • Beneficiary Bank: Security Bank Corporation
  • Swift Code: SECBPHMM
  • Bank Address: Security Bank Centre, 6776 Ayala Avenue, Makati City, Philippines
  • Account Holder’s Name: [Recipient’s Full Name]
  • Account Number: [Recipient’s Account Number]

By providing the accurate Swift Code along with the necessary beneficiary and account details, the transfer will be properly routed to the intended recipient’s Security Bank account.

If there are any doubts or inquiries regarding the Swift Code or international wire transfers, customers can contact Security Bank directly. The bank’s customer service representatives are available to provide assistance and guidance to ensure a smooth and secure transfer of funds.

In conclusion, the Swift Code (SECBPHMM) for Security Bank of the Philippines plays a crucial role in facilitating international wire transfers. By providing the correct Swift Code, along with the necessary beneficiary and account details, customers can ensure accurate and secure transactions with Security Bank. It is advisable to verify the Swift Code directly with the bank or through reliable sources to avoid any potential errors or delays in international fund transfers.

Structure and Branch Network

Security Bank operates through a network of branches strategically located across the Philippines, catering to the needs of customers nationwide. The bank’s branch network is complemented by its online and mobile banking platforms, which provide customers with 24/7 access to banking services. Security Bank’s efficient branch infrastructure and digital channels ensure seamless banking experiences for its customers, enabling them to manage their finances effectively.

SecurityBank Exchange Rate History and Chart

Currency Exchange Rates

As a universal bank, Security Bank offers currency exchange services, allowing customers to buy and sell foreign currencies. The bank provides competitive exchange rates for major currencies, making it convenient for travelers and businesses engaged in international transactions. The currency exchange rates are regularly updated to reflect market fluctuations, ensuring customers receive fair rates for their currency conversions.

Security Bank Makati

As one of the leading banks in the Philippines, Security Bank has a significant presence in Makati City, one of the country’s primary financial districts. Security Bank Makati branches offer a wide range of banking services to cater to the diverse needs of individuals, businesses, and corporations in this bustling city.

Security Bank has multiple branches strategically located throughout Makati City, ensuring easy accessibility for customers. Some prominent branch locations include Ayala Avenue, Legaspi Village, Paseo de Roxas, Salcedo Village, and Rockwell. These branches are conveniently situated within business districts, making it convenient for customers to access banking services during business hours.

Security Bank Makati branches provide a comprehensive suite of banking services and products to meet the financial requirements of customers. These services include deposit accounts, loans, credit cards, foreign exchange, remittances, and investment products. The branches also offer personalized assistance and expert advice to guide customers in choosing the most suitable banking solutions.

Security Bank Makati branches have a team of dedicated relationship managers who are trained to provide personalized assistance to customers. These relationship managers build strong relationships with clients, understanding their financial goals and offering tailored solutions to meet their specific needs. Whether it’s personal banking or corporate banking, the relationship managers at Security Bank Makati branches strive to deliver excellent customer service.

In addition to the physical branches, Security Bank provides robust digital banking services that customers can access anytime, anywhere. The bank’s online banking platform and mobile banking application offer a wide range of features, including balance inquiries, fund transfers, bill payments, and account management. This allows customers to conveniently manage their finances and conduct banking transactions without visiting a branch.

Security Bank Makati branches have ATMs strategically located within the city, offering 24/7 access to cash withdrawals, balance inquiries, and other essential banking services. These ATMs are conveniently located in commercial areas, shopping centers, and business districts, providing customers with quick and convenient access to their funds.

Security Bank is committed to being an active participant in the communities it serves. The bank’s Makati branches engage in various corporate social responsibility initiatives, including financial literacy programs, environmental initiatives, and community development projects. Through these efforts, Security Bank demonstrates its dedication to making a positive impact on society.

Security Bank Makati branches prioritize customer satisfaction and provide comprehensive customer support. Customers can visit the branches in person to seek assistance, guidance, or resolve any banking-related queries. Additionally, Security Bank offers customer support through its dedicated hotline, email, and social media channels.

In conclusion, Security Bank Makati branches play a vital role in serving the financial needs of individuals, businesses, and corporations in Makati City. With a wide range of banking services, dedicated relationship managers, digital banking solutions, and a strong commitment to customer support, Security Bank Makati branches strive to provide a seamless and rewarding banking experience for customers in this vibrant financial hub.

Customer Support

Security Bank places great emphasis on delivering excellent customer service. The bank’s customer support team is dedicated to assisting customers with their queries, concerns, and requests. Whether it’s through phone, email, or in-person at branches, Security Bank ensures that customers receive prompt and efficient assistance. The bank also provides a comprehensive FAQ section on its website, offering answers to common queries and providing self-help resources for customers.

Banking Conditions and Policies

Security Bank maintains transparent and customer-friendly banking conditions and policies. The bank follows strict guidelines and regulations set by the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, ensuring compliance and maintaining the security and integrity of customers’ accounts. Security Bank’s terms and conditions for various banking products and services, including credits, deposits, and investments, are clearly outlined and easily accessible to customers, fostering trust and confidence.


Security Bank Philippines has established itself as a reputable and customer-centric financial institution. With a rich history, a wide range of credits and services, innovative products, a robust branch network, competitive currency exchange rates, excellent customer support, and transparent banking conditions, Security Bank continues to meet the evolving needs of its customers. Whether you are an individual or a business, Security Bank offers comprehensive financial solutions to help you achieve your goals and manage your finances effectively.

Security Bank USD to PHP

1 USD to PHP = 58.6 Philippine pesos
58.35 PHP

General Information

Full name Security Bank
Bank logo
Established June 18, 1951

Contact Details

Official website
Address 18/F Security Bank Corporation Head Office Building, 6776 Ayala Avenue, Makati City, Philippines, 0719
Hotline (632) 8887 9188
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