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Banking

Metrobank ATMs reach 770

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The Metropolitan Bank and Trust Co. has increased to 770 automated teller machines (ATMs) with the recent installation of six in its new branches and commercial centers.

The new ATMs are the newly opened branches in Frontera Verde and Domestic Airport, and in commercial centers like Greenhills Shopping Center, Victory Central Mall, Liberty Center, Cash & Carry Mall, Waltermart in Makati City, and Gaisano City Mall in Cagayan De Oro.

The additional machines are a far cry from the initial 60 ATMs when the bank first launched its Electronic Teller banking, or Metrobank E.T. service in 1990. Metrobank E.T. earned the unique position as the country’s first talking ATM.

From the simple 24-hour cash withdrawal and account inquiry, the Metro-bank E.T. has evolved into a flexible channel for more transactions that include bills payment, funds transfer and inter-bank fund transfer, automatic debit facility, international cash withdrawal, check book re-order and even purchase of prepaid mobile phone PINs.

Through the bank’s affi-liation with Cirrus-Maestro (Mastercard), cardholders can access their accounts through over a million Cirrus Maestro ATMs and POS terminals in 210 countries.

The increase in ATM coverage has led to a corresponding increase in usage. 

As of June, Metrobank has already registered 55.62 million ATM transactions, 29.62 percent of which are from the use of Metrobank’s ATM facility by local and international non-Metrobank cardholders.

It boasts of its current record of above average 99- percent service availability, among the highest within the BancNet consortium.

Metrobank E.T. is one of the most popular electronic banking services of the bank which also include Metrophone, Mobile Banking, and Metrobankdirect Internet banking facility.

AS OF JUNE

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