RCBC, Meridian Launch First U.S. Virtual Account for Filipinos
Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ most awarded and digitally advanced banks, has announced a groundbreaking partnership with Meridian, a leading US-based provider of real-time global payments networking, to launch the RCBC Pulz App U.S. Virtual Account. As the first bank in the Philippines to offer U.S. virtual accounts, the joint innovation allows RCBC customers to open and manage a U.S. virtual account directly through the RCBC Pulz app, no U.S. address, social security number, or residency required. Users receive their own U.S. account in their name, capable of accepting domestic payments in real time from any U.S. bank, with funds instantly reflected in their linked RCBC Pulz peso accounts, bypassing the delays, high fees, and complexities of traditional cross-border payments. “RCBC has always been about breaking barriers and building bridges especially for the millions of Filipinos with strong ties abroad,” said Reggie Cariaso, RCBC President an
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