Transfer money to Development Bank of the Philippines (DBP)

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Development Bank of the Philippines (DBP)
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The Development Bank of the Philippines (DBP), established in 1947, is a state-owned development finance institution with a critical role in the nation's economic progression. DBP has been pivotal in driving national development, supporting infrastructure projects, public services, and various industries to spur economic growth. As a key financier, the bank focuses on sectors like infrastructure, the environment, social services, and small and medium-sized enterprises (SMEs). Additionally, it provides financial services to local government units and public institutions to aid their development efforts. Beyond development financing, DBP offers an array of banking services, including deposits, loans, and asset management. Committed to sustainable development and social responsibility, DBP continues to dedicate itself to promoting the Philippines' development agenda and fostering inclusive growth.

Pyypl facilitates sending money online to Philippines with ease, directly from your phone.

Feature
Description
Nature
A state-owned development finance institution.
Establishment
Founded in 1947 to play a vital role in the Philippines' economic development.
Development Focus
Development Focus
Development Focus
Extends financial services to local government units and public institutions.
Banking Services
Offers deposits, loans, and asset management among other services.
Commitment
Remains committed to sustainable development and advancing the country's development agenda.

What is Pyypl?

Established in the UAE in 2017, Pyypl (pronounced "people") is a pioneering FinTech firm committed to advancing financial inclusion through innovative technology. Pyypl's advanced technology offers easy, secure, and cost-effective access to essential financial services via a smartphone. Our flagship offering is a universally accepted prepaid Visa card accessible to everyone that requires no bank account, minimum salary, balance, or post-dated checks, and eliminates the need to visit a bank. Users can obtain their Visa card in just two minutes through our fully digital app, which allows for shopping and payments wherever Visa is accepted.

Users can also send money to over 45 countries through the Pyypl app. Any fees or exchange rates are also completely transparent and displayed up front. At Pyypl, we understand the importance of getting the most out of your money. That's why we offer excellent exchange rates compared to traditional banks. This means more bang for your buck so that your family or business associates receive the full benefit of your funds.

Regulated by the ADGM Financial Services Regulatory Authority, Pyypl is a trusted name in secure financial management. With us, you can be confident that your finances are in safe hands.

How to Send Money to Development Bank of the Philippines (DBP) with Pyypl

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1. Download the app

Get the app on the Apple or Play Store and sign up in a few easy steps.

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2. Top up

Easily load your account using a debit card, bank account, or mobile money.

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3. Initiate Transfer

Tap on Send Money, choose International Transfer, and select Philippines. Select Bank Account as the mode of transfer.

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4. Specify the Amount

Enter the amount you wish to send in AED.  The app will show you the conversion rate.

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5. Enter Details

Enter the beneficiary’s account details, including full name, bank name, account number, and IBAN

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6. Confirm and Send

Review the details, and with just a click, your money is on its way to the recipient. We’ll notify you once the transaction is complete, it usually takes just a few minutes.

Why Choose Pyypl

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Instant Transfers

No appointments or waiting in line.  

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No hidden fees for the receiver

What you see is what you get. No hidden fees, no surprises.

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24/7 Support

Our dedicated customer support is always on hand to assist you with any queries.

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Excellent exchange rates

Low and transparent exchange rates.

Save time and money
Get Pyypl and start sending money in minutes.
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