Union Bank now has ATMs dispensing dollar bills

Union Bank is the first Philippine bank to deploy dollar-dispensing ATMs. 
Jul 20, 2023
Union Bank dollar ATMs

On July 18, 2023, Union Bank of the Philippines announced it has deployed the country’s first dollar-dispensing ATMs. According to a statement sent to ABS-CBN News, the ATMs are able to dispence $100 dollar bilss for Union Bank clients who have U.S. dollar accounts. Dollar withdrawals through these ATMs have no withdrawal fees.

Union Bank is the first Philippine bank to deploy dollar-dispensing ATMs.

The first dollar-dispensing ATM was deployed at Union Bank’s headquarters in Pasig. Another dollar-dispensing ATM was installed in Greenhills, followed by a third in Cebu, according to the statement.

Union Bank plans to deploy more dollar-dispensing ATMs in areas with plenty of dollar account holders with frequent dollar transactions.

UnionBank is one of the World’s Best Banks 2023, according to Forbes. Banks from the Philippines that entered the list include BDO, BPI, PNB, Land Bank, PSBank, RCBC, Maya Bank, and Robinsons Bank.



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