Im having my on-the-job training at Bank of the Philippine Islands-Pioneer Branch. I personally asked the New Accounts Clerk about their database system.. The business is for commercial banking. Having many branches of thier banks, they come up with the idea of centralizing the information of their clients. They have a direct information about the client's information submitted during the opening of the account.

For example is when there is a customer that forget to get the account number of the reciever, they were going to present only the name and by entering the name on their computer, the account number will totaly be seen...

By this kind of system, the flow of the transactions are easily done. It only takes a lesser time than having it in a manual basis. This is the advantage of database to the business.

There is a law that citing a bank secrecy. The bank cant tell the balances of the account even you are the behalf, unless the account was opened as a joint account or the owner was died and you are the nearest kin.. Its disadvantage is when the clients is inquiring via phone only asking for the bank balance, the secrecy of it have a tendency that the banker can tell the balance because wherever branch it was opened, they have an access on it specifically that it is a BPI account.


Jeazle Mae G. Hassan