Bank Account Requirements

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1. Supported Accounts for Disbursement
   • We can only disburse to banks located in the Philippines.
   • Corporations: must use a corporate bank account.
   • Sole proprietorships: may use a personal bank account (must match the business owner’s name).
   • Disbursing to a different checking account is strictly prohibited.
   • You may use different checking accounts for different loans, as long as:
     • The bank is on the approved list, and
     • The account name matches the business name (corporations) or business owner’s name (sole proprietorships).
2. Accepted banks