Asia · PHP · 5 routes

Payouts to Philippines

Route catalog · PH

Choose a payout method

Supported currencies

PHP

Cutoff & delivery timing

INSTANT

Realtime - 24x7 up to 50k PHP via Instapay, Sameday subject to cut-off 2 pm local time via Pesonet

Scroll horizontally to compare supported modes

Transaction limit per end-user	B2B	B2P	P2P	P2B
Max	No limit	No limit	No limit	No limit
Min	Not specified	Not specified	Not specified	Not specified

Route details

Select a supported mode

Beneficiary statement narrative

Statement Narrative is passed to the Beneficiary Bank and depends on Beneficiary Bank if it appears in the Beneficiary statement narration.

Network participant

Bank

Channels

All major banks in Philippines (List Available)

Routing code

SWIFT

Notes

To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.

Mandatory data requirements

Remitter

Remitter Name
Remitter Account Type
Remitter Identification Type
Remitter Identification Number
Remitter Country Code
Remitter Address
Remit Purpose Code
Remitter Source of Income

Beneficiary

Beneficiary Name
Beneficiary Country Code
Beneficiary Address
Beneficiary Account Number
Beneficiary Account Type

Routing

Routing Code Type 1 - SWIFT Code
Routing Code Value 1

Supporting documents

Remitter Beneficiary Relationship
Nature of Business
Duration of Contract
Commercial Agreement
Current Invoice

Beneficiary account type

CORPORATE

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