BancNet
Overview
Interbank network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that connects the ATMs of different banks and permits these ATMs to interact with the ATM cards of non-native banks....
connecting the ATM networks of more than forty local bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
s. It is considered the largest interbank network in the Philippines in terms of the number of member banks and annual transactions. The Network's tagline
Tagline
A tagline is a variant of a branding slogan typically used in marketing materials and advertising. The idea behind the concept is to create a memorable phrase that will sum up the tone and premise of a brand or product , or to reinforce the audience's memory of a product...
is Nonstop Banking.
BancNet is also the exclusive gateway of China UnionPay, allowing access to the nearly 1 billion ATM cardholders from the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
.
BancNet has forged an alliance with global payment brand JCB International.
