Thursday, February 23, 2012

Sterling Bank of Asia Now Available

Sterling Bank of Asia is another new player in town.  It is a savings bank affiliated with the Bancnet consortium.

Sterling Bank of Asia is owned by the Tiu group whose other business interests include the Discovery chain of hotels and overseas remittance company, iRemit.  The group previously owned International Exchange Bank (iBank) which it sold to the Aboitiz Group-controlled Unionbank.

Sterling Bank of Asia account holders may purchase from Dragonpay merchants using their Internet Banking account.  Account holders and non-account holders can also make over-the-counter payments at any Sterling Bank branch.  The bank does not charge a handling fee for both over-the-counter and online bank payments.

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