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PHP Transfers

Here you'll find everything you need to know about sending to Philippine Peso. For more information and to get started with your first transfer, click here!
 

 

Sending to PHP
 

Basic Information   Notes
TransferWise Fee 1% (or 145 PHP for under 14500PHP) When sending from currencies where the fee would normally be 0.5%, the fee is instead 1%. The minimum fee for payments from USD to PHP is $5 (up to $500).
Delivery time* 1-2 working days *After payout. Please keep in mind that TransferWise can take up to two working days to convert your funds from receiving the deposit
Maximum amount
(per transfer)
480,000PHP  
Countries we can send to Philippines only  
Additional Receiving Banking Fees None  
Reference Yes 35 Characters (ENG characters only)
Required Details    
Recipient Full Name Yes When sending to individuals, please include first name and surname
Recipient Local Account Number Yes PHP Local Account number should be 8-16 digits. 
Recipient Bank name Yes The bank name can be selected via a dropdown list during payment setup.
Recipient Address Yes We require a full address and phone number for all PHP recipients.
Features    
Amount Lock Transfers Yes The currency you're sending from must also be able to send fixed amounts. 

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