Philippines

Payout Rail	InstaPay	PESONet
Supported Currencies	PHP	PHP
Estimated Time of Arrival	15 minutes	Same day
Cut-off Time	N/A	14:00 GMT+8
Transaction Limit	50,000	Unlimited
Description Support	No	No
Supported Use Case	Payout, Cross Border Payout, Payout Link	Payout, Cross Border Payout, Payout Link

Channel codes

Learn the different payout destinations that we support along with its destination-specific information in the table below:

Required Values for Cross-Border Payouts

As a prerequisite to creating a Cross-Border Payout, you are required to send us the ultimate sender and recipient’s information. Learn the required information for the region to start sending payouts:

Sender

Field Parameter	Type	Description
`first_name`	`INDIVIDUAL`	First name of sender
`last_name`	`INDIVIDUAL`	Last name of sender
`business_name`	`BUSINESS`	Full registered name of sender

Recipient

Field Parameter	Type	Description
`first_name`	`INDIVIDUAL`	First name of recipient
`last_name`	`INDIVIDUAL`	Last name of recipient
`business_name`	`BUSINESS`	Full registered name of recipient
`company`	Any	Channel code of the recipient’s account
`account_number`	Any	Account number of the recipient’s account detail
`account_holder_name`	Any	Account holder name of the recipient’s account detail
`address`	Any	Address of recipient

Payout Identifier

When creating a payout, you can also include a unique identifier (e.g. Order ID, your business name, etc.) in the description field. If your recipient's bank supports it, they'll see this in their transaction history. Otherwise, they’ll see Xendit’s sender name. Note that character limits vary by bank, so keep your identifier short.

Destination Channel	Amount	Max. Characters
`PH_UBP`	Any amount	50 characters
Other banks	Any amount	Description may not be supported

Recipient Interface

Bank Channels

See below for examples of what is shown in your recipient’s bank statement. If supported, the bank statement will display Xendit as sender and the description you input.

Channel	Sample of line on bank statement
`PH_GCASH`	You have received GCash from xendit-fds
`PH_BPI`	PARTNER Transfer FROM:XENDIT PHILIPPINES INC
`PH_BDO`	00083650008365 9 IBTD 801695801695
`PH_SEC`	ONLINE TRANSFER

E-Wallet Channels

See below for examples of what is shown in your recipient's e-wallet apps. If supported, the app will display Xendit as the sender and the description you input.