July 20, 2018, 12:58 pm
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1 Philippine Peso = 0.0687 UAE Dirham
1 Philippine Peso = 2.01833 Albanian Lek
1 Philippine Peso = 0.03442 Neth Antilles Guilder
1 Philippine Peso = 0.51646 Argentine Peso
1 Philippine Peso = 0.02528 Australian Dollar
1 Philippine Peso = 0.0333 Aruba Florin
1 Philippine Peso = 0.03741 Barbados Dollar
1 Philippine Peso = 1.57108 Bangladesh Taka
1 Philippine Peso = 0.03151 Bulgarian Lev
1 Philippine Peso = 0.00707 Bahraini Dinar
1 Philippine Peso = 32.75309 Burundi Franc
1 Philippine Peso = 0.01871 Bermuda Dollar
1 Philippine Peso = 0.02527 Brunei Dollar
1 Philippine Peso = 0.12832 Bolivian Boliviano
1 Philippine Peso = 0.07203 Brazilian Real
1 Philippine Peso = 0.01871 Bahamian Dollar
1 Philippine Peso = 1.27899 Bhutan Ngultrum
1 Philippine Peso = 0.19255 Botswana Pula
1 Philippine Peso = 374.4856 Belarus Ruble
1 Philippine Peso = 0.03737 Belize Dollar
1 Philippine Peso = 0.02464 Canadian Dollar
1 Philippine Peso = 0.01868 Swiss Franc
1 Philippine Peso = 12.20576 Chilean Peso
1 Philippine Peso = 0.12563 Chinese Yuan
1 Philippine Peso = 53.5578 Colombian Peso
1 Philippine Peso = 10.55649 Costa Rica Colon
1 Philippine Peso = 0.01871 Cuban Peso
1 Philippine Peso = 1.77142 Cape Verde Escudo
1 Philippine Peso = 0.41506 Czech Koruna
1 Philippine Peso = 3.32024 Djibouti Franc
1 Philippine Peso = 0.11972 Danish Krone
1 Philippine Peso = 0.93303 Dominican Peso
1 Philippine Peso = 2.19981 Algerian Dinar
1 Philippine Peso = 0.25129 Estonian Kroon
1 Philippine Peso = 0.33389 Egyptian Pound
1 Philippine Peso = 0.51106 Ethiopian Birr
1 Philippine Peso = 0.01606 Euro
1 Philippine Peso = 0.03917 Fiji Dollar
1 Philippine Peso = 0.01429 Falkland Islands Pound
1 Philippine Peso = 0.01431 British Pound
1 Philippine Peso = 0.08962 Ghanaian Cedi
1 Philippine Peso = 0.88982 Gambian Dalasi
1 Philippine Peso = 168.66816 Guinea Franc
1 Philippine Peso = 0.14005 Guatemala Quetzal
1 Philippine Peso = 3.88103 Guyana Dollar
1 Philippine Peso = 0.1468 Hong Kong Dollar
1 Philippine Peso = 0.44747 Honduras Lempira
1 Philippine Peso = 0.1187 Croatian Kuna
1 Philippine Peso = 1.26057 Haiti Gourde
1 Philippine Peso = 5.20183 Hungarian Forint
1 Philippine Peso = 269.36027 Indonesian Rupiah
1 Philippine Peso = 0.06796 Israeli Shekel
1 Philippine Peso = 1.28159 Indian Rupee
1 Philippine Peso = 22.25963 Iraqi Dinar
1 Philippine Peso = 813.69248 Iran Rial
1 Philippine Peso = 1.99588 Iceland Krona
1 Philippine Peso = 2.43547 Jamaican Dollar
1 Philippine Peso = 0.01325 Jordanian Dinar
1 Philippine Peso = 2.11107 Japanese Yen
1 Philippine Peso = 1.8771 Kenyan Shilling
1 Philippine Peso = 1.27484 Kyrgyzstan Som
1 Philippine Peso = 75.70146 Cambodia Riel
1 Philippine Peso = 7.90311 Comoros Franc
1 Philippine Peso = 16.83502 North Korean Won
1 Philippine Peso = 21.15413 Korean Won
1 Philippine Peso = 0.00566 Kuwaiti Dinar
1 Philippine Peso = 0.01534 Cayman Islands Dollar
1 Philippine Peso = 6.4508 Kazakhstan Tenge
1 Philippine Peso = 157.22035 Lao Kip
1 Philippine Peso = 28.15189 Lebanese Pound
1 Philippine Peso = 2.98915 Sri Lanka Rupee
1 Philippine Peso = 3.00412 Liberian Dollar
1 Philippine Peso = 0.24822 Lesotho Loti
1 Philippine Peso = 0.05703 Lithuanian Lita
1 Philippine Peso = 0.01161 Latvian Lat
1 Philippine Peso = 0.02573 Libyan Dinar
1 Philippine Peso = 0.17723 Moroccan Dirham
1 Philippine Peso = 0.31076 Moldovan Leu
1 Philippine Peso = 0.98373 Macedonian Denar
1 Philippine Peso = 26.78638 Myanmar Kyat
1 Philippine Peso = 45.80995 Mongolian Tugrik
1 Philippine Peso = 0.15122 Macau Pataca
1 Philippine Peso = 6.64048 Mauritania Ougulya
1 Philippine Peso = 0.64347 Mauritius Rupee
1 Philippine Peso = 0.29125 Maldives Rufiyaa
1 Philippine Peso = 13.40105 Malawi Kwacha
1 Philippine Peso = 0.35353 Mexican Peso
1 Philippine Peso = 0.07589 Malaysian Ringgit
1 Philippine Peso = 0.24819 Namibian Dollar
1 Philippine Peso = 6.7153 Nigerian Naira
1 Philippine Peso = 0.58586 Nicaragua Cordoba
1 Philippine Peso = 0.15284 Norwegian Krone
1 Philippine Peso = 2.04293 Nepalese Rupee
1 Philippine Peso = 0.02753 New Zealand Dollar
1 Philippine Peso = 0.00719 Omani Rial
1 Philippine Peso = 0.01871 Panama Balboa
1 Philippine Peso = 0.06114 Peruvian Nuevo Sol
1 Philippine Peso = 0.06073 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.39618 Pakistani Rupee
1 Philippine Peso = 0.0692 Polish Zloty
1 Philippine Peso = 106.97905 Paraguayan Guarani
1 Philippine Peso = 0.06809 Qatar Rial
1 Philippine Peso = 0.07472 Romanian New Leu
1 Philippine Peso = 1.18 Russian Rouble
1 Philippine Peso = 15.95267 Rwanda Franc
1 Philippine Peso = 0.07015 Saudi Arabian Riyal
1 Philippine Peso = 0.14747 Solomon Islands Dollar
1 Philippine Peso = 0.25122 Seychelles Rupee
1 Philippine Peso = 0.33483 Sudanese Pound
1 Philippine Peso = 0.16573 Swedish Krona
1 Philippine Peso = 0.02554 Singapore Dollar
1 Philippine Peso = 0.0143 St Helena Pound
1 Philippine Peso = 0.41538 Slovak Koruna
1 Philippine Peso = 153.38571 Sierra Leone Leone
1 Philippine Peso = 10.68088 Somali Shilling
1 Philippine Peso = 393.68313 Sao Tome Dobra
1 Philippine Peso = 0.16367 El Salvador Colon
1 Philippine Peso = 9.633 Syrian Pound
1 Philippine Peso = 0.24845 Swaziland Lilageni
1 Philippine Peso = 0.62252 Thai Baht
1 Philippine Peso = 0.04952 Tunisian Dinar
1 Philippine Peso = 0.04351 Tongan paʻanga
1 Philippine Peso = 0.08966 Turkish Lira
1 Philippine Peso = 0.12587 Trinidad Tobago Dollar
1 Philippine Peso = 0.57159 Taiwan Dollar
1 Philippine Peso = 42.49906 Tanzanian Shilling
1 Philippine Peso = 0.49158 Ukraine Hryvnia
1 Philippine Peso = 69.56977 Ugandan Shilling
1 Philippine Peso = 0.01871 United States Dollar
1 Philippine Peso = 0.58277 Uruguayan New Peso
1 Philippine Peso = 145.09914 Uzbekistan Sum
1 Philippine Peso = 2239.05724 Venezuelan Bolivar
1 Philippine Peso = 431.12608 Vietnam Dong
1 Philippine Peso = 2.04265 Vanuatu Vatu
1 Philippine Peso = 0.04883 Samoa Tala
1 Philippine Peso = 10.52881 CFA Franc (BEAC)
1 Philippine Peso = 0.05051 East Caribbean Dollar
1 Philippine Peso = 10.52881 CFA Franc (BCEAO)
1 Philippine Peso = 1.90591 Pacific Franc
1 Philippine Peso = 4.67265 Yemen Riyal
1 Philippine Peso = 0.24818 South African Rand
1 Philippine Peso = 97.07258 Zambian Kwacha
1 Philippine Peso = 6.76955 Zimbabwe dollar

RCBC’s digital transformation initiatives promote financial empowerment, inclusion

RCBC has always been committed to developing innovative products and services that enable Filipinos financially. Likewise, the commercial bank supports the advocacy of Bangko Sentral ng Pilipinas (BSP) and believes that everyone, especially the unbanked market, deserves to be empowered through financial services that cater to their needs.

As more Filipinos are going online for their everyday transactions, RCBC, in cooperation with eCurrency Mint and supported by the BSP, took a big step in transforming the Philippine peso into digital fiat currency with ePiso. 

It is the country’s first digital money which enables safe, fast, and affordable mobile payment solutions to improve day-to-day transactions.

RCBC also developed the ePiso Mobile Wallet, a password-protected mobile app where everyone can securely store, manage, and conveniently use their digital cash in transactions with partner merchants. 

Currently, the RCBC ePiso mobile app is downloadable from Google Play.

Recently, the bank has introduced its ePiso Mobile Wallet in pilot launches in Barangay Poblacion, Muntinlupa City and Valencia City in Bukidnon province. 

In Muntinlupa, the bank engaged sari-sari store owners for a digital pamilihan ng bayan which enabled the community to try the convenience of cashless purchases with their ePiso. 

“With the pamilihan ng bayan, we wanted people to experience the ease and convenience of having ePiso. We wanted to show how it can readily help in day-to-day purchases and transactions especially since it is available in neighborhoods,” shared JR Guillergan, RCBC Digital Banking Strategic Service Delivery head. The Yuchengco-led bank is reaching out to grassroots communities to enable them access to digital financial solutions.

Hundreds of attendees flocked to the National Housing Authority covered court to experience the convenience of using ePiso by not bringing any form of cash—paper bills or coins—but just their mobile phones to instantly buy goods at the digital pamilihan where participating sari-sari stores were located. 

After converting their physical money to ePiso through partner merchants, consumers accessed their RCBC ePiso Mobile Wallet app to scan the sari-sari store’s QR code and enter the price of the goods they are buying. 

Most of the residents enjoyed the convenience offered by ePiso, noting “gusto ko ‘yung mabilis na mga transaksyon kaya paboritong feature ko ng ePiso ang pag-scan. Hindi na kailangang pumila nang matagal sa tindahan.”

Sari-sari owners also welcomed the cashless transactions as they never had to worry about keeping smaller bills and coins for the usual “panukli” or tediously record their daily sales in notebooks as they can easily check their transaction history online through the ePiso mobile app. 

At the same time, store owners are assured of the accuracy of their daily accounting transactions at the end of each day through the ePiso mobile app. 

A store owner also shared, “gusto ko ang ePiso app! Madali lang dahil pagkatapos i-scan ng customer, makikita mo agad sa ePiso mobile wallet lahat ng mga transaksyon na pumasok. Hindi mo pa kailangan magbilang.”

“This is very historical for us and the country as we are the first in Asia to have secure digitized money in our own currency,” said Margarita Lopez, RCBC Digital Banking and Operations head. 

“We believe in responsible innovation at the heart of our digital initiatives and our ePiso is aligned with BSP’s thrust of financial inclusion in the country. Now, more Filipinos can enjoy a simpler and easier way to save their small changes and bills without fear of losing their money.” 

RCBC ePiso will make day-to-day commerce and activities more efficient and convenient for both merchants and consumers. All you need is the ePiso Mobile Wallet where you can store your hard-earned money and secure it with password protection to avoid threats of loss, theft, and counterfeits. 

“The mobile app is your wallet, your piggy bank where you can safe-keep your peso coins and helps you securely grow your wealth for a brighter future,” mentioned Lopez.

RCBC and Rizal Microbank also brought ePiso closer to the agricultural sector in Bukidnon where farmers and agri-businesses discovered how the ePiso mobile wallet app can help them better manage their loans and easily make transactions with partner suppliers.

RCBC also offers Cash Express, a mobile point-of-sale solution that allows individuals to do their usual banking activities through partner merchants in the communities, making financial transactions easier, faster and more convenient.

With Cash Express, any account holder can avail of ATM services by simply using any RCBC or Bancnet debit or prepaid card. 

Consumers can inquire about their account balance, withdraw cash, pay bills or transfer money online without traveling far to visit a bank. Partner merchants also earn additional income from offering the RCBC service in their areas.

Rizal MicroBank, the thrift bank of RCBC, has extended a helping hand to Greenland Asparagus Multi-Purpose Cooperative in General Santos City. 

The organization offers assistance to Filipinos who rely on asparagus farming as their source of income and aims to build their community by expanding their asparagus plantation.

In 2015, the microbank solidified its support to the agricultural organization by providing additional working loans for agricultural value chain players. 

This year, Rizal Microbank also plans to offer more loans to assist in putting up a 200-hectare asparagus plantation in the area. 

More than providing loans for a bigger asparagus plantation, Rizal Microbank has enabled the cooperative to reach out to small farmers and their families, giving them employment in processing plants to help ease their lives. 

With the microbank, the cooperative has also brought these farmers closer to a better life by giving them access to services that help address their challenges and solve their financial problems. 

Rizal Microbank also entered into a strategic partnership with PLDT Voyager to reach a wider market to offer its agricultural and small business loans through Lendr, an online loans management website that is easily accessible via desktop or mobile device. 

With Lendr, the microbank can offer its loan products to more micro, small and agricultural value chain players in the industry. Interested borrowers can simply apply online via Rizal Microbank’s Lendr Platform, create an account, and select what type of loan they want. 

From digital and innovative initiatives to strategic activities and partnerships, all these efforts are geared towards one goal: to achieve financial inclusion for all. 

With financial inclusion at the core of its operations, RCBC will continue to serve the unbanked and underserved market by visiting other communities for the pilot launching of the country’s first digital money. 

RCBC understands the needs of Filipinos and will continue to develop products and services that will enable everyone to achieve their own financial goals.



 
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