News

Simple and secure banking arrives in paradise island

Over the years, BDO has steadily grown its presence in Siargao. Two BDO Network Bank branches have long been serving the island’s local communities, from tourists, residents and workers to small entrepreneurs. Thirty Cash Agad partners located in far-flung barangays ensure that people who live or work outside the main tourism zone can still access cash and basic financial services.

Now, the island’s rhythm feels even more vibrant with the opening of a BDO branch in Siargao Town Center, the heart of Siargao’s fast-growing transport and commercial hub. The entry of BDO Unibank brings something the island has long needed: a complete suite of banking services.

Touchdown, Siargao! With BDO Unibank’s new branch in Siargao, a full suite of bank products and services is now within reach, giving business owners, locals and tourists easy access to all their financial needs.

Modern banking designed for island life

BDO’s presence matters deeply. Even before the new branch opened, the Bank had four ATMs serving the island. Since these machines are an extension of the branch footprint, the addition of more ATMs and the Universal Teller Machine (UTM) means that Siargao now enjoys the widest and most reliable access to self-service machines it has ever had, a clear expression of commitment to financial inclusion.

Full-service banking now within reach

Residents can open savings and investment accounts, secure personal or auto loans, seamlessly send and receive money from foreign banks, access micro-insurance or remittance services and a lot more without leaving the island.

Tourists, both local and foreign, often arrive with mixed currencies and limited cash. The new branch provides reliable foreign exchange services and easy ATM access. With the surge of visitors from the U.S., Europe, Australia, and Asia, this service fills a much-needed gap.

Entrepreneurs can conveniently pay out salaries, sign up for various cash management services to help manage their businesses, aside from building a financial record that can help unlock future credit opportunities.

From resorts and surf schools to restaurants, trike rentals, and tour operators, many entrepreneurs operate with fluctuating demand and seasonal cashflow. BDO is now onboarding them as merchants, enabling card and QR payments, offering business deposit solutions, and providing flexible financing for expansion, equipment, or daily working capital. For many SMEs, it’s the first time such comprehensive support has become available on the island, hence, Siargao’s business owners stand to benefit the most.

The Bank’s arrival empowers Siargao with a financial services hub that supports every part of its economy: from local enterprises that keep the island thriving, visitors who fuel its revenue, and residents and workers who form its backbone.

With BDO now woven into Siargao’s evolving landscape, islanders and visitors can embrace the paradise fully – confident that easy, simple, and secure banking is always within reach

Book your branch visit to BDO Siargao located at Town Center, Brgy. Osmeña, Dapa, Siargao Island today.Â