BPI Direct BanKo was officially launched in 2017 after BPI's two specialized thrift bank units — BPI Direct Savings Bank, Inc. and BPI Globe BanKo — were merged in 2016. Meanwhile, the bank has partnered with the central bank in a coin re-circulation program which will allow Filipinos to exchange their soiled coins and bills unfit for circulation for clean and crisp ones. Starting Dec. 3, clients and non-clients of BPI Direct BanKo can surrender their soiled money in exchange of new ones with an extra giveaway item.