Philippine Peso (PHP)

Overview

Payment type Priority Regular
Cut off time (UK Time) n/a 4:30 pm
Delivery time frame n/a 0 days
Maximum payment size n/a PHP 1,300,000
Payment Scheme n/a PESONet
Destination countries n/a Philippines
Traces n/a No
Recalls n/a No
Ultimate payer displayed? n/a No

Required details:

Regular payment

Local PHP is a restricted currency.

Field Individual Company Permitted Data Notes
Beneficiary Entity Type ✓ ✓ ‘individual’ or ‘company’ only
Beneficiary First Name ✓ ✕ 1-255 characters*
Beneficiary Last Name ✓ ✕ 1-255 characters*
Beneficiary Company Name ✕ ✓ 1-255 characters*
Beneficiary Address ✓ ✓ 1-255 characters*
Beneficiary City ✓ ✓ 1-255 characters*
Beneficiary Country ✓ ✓ 1-255 characters*
Account Number ✓ ✓ 1-17 digits
BIC SWIFT ✓ ✓ Valid ISO 9362 SWIFT BIC code; 8 or 11 alphanumeric characters
Payment Currency ✓ ✓ 3 letter ISO currency code
Payment Amount ✓ ✓ Numeric amount
Payment Reference ✓ ✓ 1-255 characters*
Payment Reason ✓ ✓ 1-255 characters*
Payer Entity Type ✓ ✓ ‘individual’ or ‘company’ only
Payer First Name ✓ ✕ 1-255 characters*
Payer Last Name ✓ ✕ 1-255 characters*
Payer Company Name ✕ ✓ 1-255 characters*
Payer Address ✓ ✓ 1-255 characters*
Payer City ✓ ✓ 1-255 characters*
Payer Country ✓ ✓ 2 letter ISO country code
Payer Date of Birth ✓ ✕ ISO 8601 format (YYYY-MM-DD).
Payer Identification Type ✓ ✓ One of the following:
drivers_license
social_security_number
green_card
passport
visa
matricula_consular
registro_federal_de_contribuyentes
credential_de_elector
social_insurance_number
citizenship_papers
drivers_license_canadian
existing_credit_card_details
employer_identification_number
national_id
others
incorporation_number		 A legal document type that verifies the identity of the payer.
Payer Identification Value ✓ ✓ 1-255 characters* A unique reference code for the identification document, such as a passport number.

* Please note that non ASCII characters will be transformed to ASCII equivalent or removed on a best endeavours basis in order to comply with the restrictions of the domestic payment scheme.