Tuesday, 5 March 2024

Best Cash Management Bank in the Philippines - Rizal Commercial Banking Corporation

5 min read

By The Asian Banker

During periods of restricted mobility, this bank’s digital solutions such as CheckScan and Payportal integration of websites thru APIs, managed to migrate customers operations to online channels, reducing customers’ reliance on cash and check clearing. Not only it restructured its own back-end to activate speedier customer onboarding, but it also delivered banking at customers’ doorstep with its high-speed check scanner with built-in program to send the check images electronically to the bank. For SMEs, the same solution was replicated in mobile application. 

For becoming the fastest growing bank in terms of PesoNET payment volumes, which increased by 175% and for reducing its check handling to 10% from 40%, the Best Cash Management Bank in the Philippines is Rizal Commercial Banking Corporation 

For full evaluation criteria and scorecard for Transaction Finance Awards, please visit

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