Woalet

Philippines

Philippine Peso (PHP)

Regulatory Information

Bangko Sentral ng Pilipinas (BSP)

Payment Methods

  • +BDO Bank Transfer
  • +MetroBank Transfer
  • +Robinsons Bank Transfer
  • +GCash
  • +PayMaya
  • +CEBUANA Lhuillier

Key Corridors

US → Philippines

Very high volume, $1M+

Saudi Arabia → Philippines

High volume, $500k+

UAE → Philippines

High volume, $500k+

Singapore → Philippines

High volume, $300k+

Frequently Asked Questions

What is the fastest way to pay a Philippine supplier?

InstaPay settles in real time. PESONet clears same-day batches to the supplier business account.

How much cheaper are you vs a bank wire?

Typically 30-40% lower all-in. Local settlement removes correspondent and lifting fees on supplier payments.

How fast are PHP payouts?

InstaPay settles in real time to the beneficiary bank account. PESONet clears same-day batches.

Do you cover suppliers outside Metro Manila?

Yes. PHP reaches any account at a BSP licensed bank, including provincial suppliers.

What are your typical fees?

$2-5 per transfer to Philippines. Lower than most providers.