Here are some informations for sending money to Philippines:
Currency | Service | Fee | Transaction Limit | Estimated Arrival Time |
PHP | Bank Transfer - Instant Speed | IDR 65,000 | PHP 50 - PHP 500,000 (for BDO, BPI, BPI Family, & Metrobank)
PHP 50 - PHP 50,000 (for other banks)
| 20 minutes for payments before 16:00 (GMT+7) |
PHP | Bank Transfer - Normal Speed | IDR 45,000 | PHP 50 - PHP 500,000 | - Same banking day for transactions below PHP 49,999
- 1 banking day for transactions above PHP 49.999;
Both arrival time applies for payments before 10:30 (GMT+7) |
PHP | E-Wallet
(G-Cash, Coins.PH, & Paymaya) | IDR 65,000 | PHP 50 - PHP 50,000 | 20 minutes for payments before 16:00 (GMT+7) |
PHP
| Cash Pickup
(Metrobank, BDI, & RD Pawnshop)
| IDR 75,000
| PHP 10 - PHP 100,000
| 15 minutes for payments before 16:00 (GMT+7)
|
USD
| SWIFT
| IDR 75,000
+ IDR 330,000 (correspondent bank fee)
| USD 5 - USD 100,000
| 1 banking day for payments before 16:00 (GMT+7)
|
Can I send more than the transaction limit in a day?
Yes, you can. If you send more than the limit, we will require some supporting documents from you to verify the purpose of your transaction.
Additional Information
- For SWIFT (USD):
Make sure that your recipient’s bank account currency is in USD.
Make sure that you already have your recipient’s IBAN (if any) and SWIFT Code, as they are required for transactions via SWIFT.
- What is IBAN?
- What is SWIFT Code?
The recipient's full name registered in the bank account must be in alphabet letters, including numbers if any (example: VentureTech 365 Ltd).
Some recipient banks might charge a fee which will deduct the amount received.
