Overview

Payment Type	SWIFT (Priority)	Local (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

Local (Regular) Payment

Local PHP is a restricted currency. For more information, please visit our FAQ.

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	We validate that the account number provided is a valid one.  We do not currently perform checks against the account name.
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 alphanumeric characters
Payment Reason	✓	✓	1-255 alphanumeric 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.