RCBC takes digital banking to the next level

MANILA, Philippines — Yuchengco-led Rizal Commercial Banking Corp. (RCBC) said more digital-enable products and services are being launched this year as the government and the private sector ramp up financial inclusion efforts.

“Filipinos should expect for more digital-enabled banking products and services coming their way as we usher in 2020, further scaling digitalization and financial inclusion,” RCBC chief innovation and inclusion officer Lito Villanueva said.

The bank has introduced many firsts in its revitalized mobile banking app with enhanced user interface and other new online banking features to optimize digital customer experience.

Highlights of the new RCBC mobile app include the push and pull payments through QR Ph, online time deposit placement of up to P10 million, and online check deposit for On-us checks, among others.

It now allows in-app enrolment with newly improved security features such as biometrics log-in, one-time password verification, and device registration where account can only be accessed on registered devices.

On the other hand, the web version of RCBC Online Banking can now facilitate multi-currency foreign exchange or buy-and-sell supporting various currencies such as Euro, British pound, Hong Kong dollar, Japanese yen, Singapore dollar, and dollar and online government payments via PESONet in partnership with the Land Bank of the Philippines.