Philippines

Account channel

Service specification

TypeDescription
Cash-out MethodDirect credit to bank account in Philippines Peso (PHP).
Supported Beneficiary account type – Individual and Company.
Supported Sender type - Individual and Company.
Transaction Turnaround Time· Instant real-time * (Within 15 minutes). Transaction can be done on 24 x 7 basis (Highlighted in Bold and Italic as below).
· Instant real-time * (Within 15 minutes). Transaction can be done on 24 x 7 basis (Highlighted in Italic as below) for amount under PHP 50,000.
· T+1 Philippines Banking day for transaction received before 12.00pm (Mon-Fri) GMT +8 for amount above PHP 50,000.
· T+2 Philippines Banking day for transaction received after 12.00pm (Mon-Fri) GMT +8 for amount above PHP 50,000.
. May take up to T+3 Philippines Banking day to complete refund process from rural banks (Highlighted in Underline as below).
Area availabilityPhilippines nationwide
Account VerificationNo Account Verification.
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitPHP Payout
Maximum per transaction PHP 500,000
Minimum per transaction PHP 10.00
Compliance accumulated limit PHP 500,000 per day per Beneficiary

USD Payout
Maximum per transaction USD 10,000
Minimum per transaction USD 1.00
Compliance accumulated limit USD 10,000 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1 Al Amanah Islamic Investment Bank 63175
2 ANZ Bank 63184
3 Asia United Bank 63102
4 Bangkok Bank Public Co Ltd 63187
5 Bank Of America 63185
6 Bank of China 63186
7 BDO Unibank 63053
8 Bank of Commerce 63152
9 Bank of Philippine Island (BPI) 63153
10 BPI Family 63154
11 China Bank 63106
12 China Bank Savings 63107
13 Chinatrust Bank (CTBC) 63108
14 CITIBANK (Philippines) 63109
15 Citystate Savings Bank 63111
16 Development Bank of Philippines (DBP) 63189
17 Duetsche Bank 63190
18 East West Bank 63112
19 Equicom Savings Bank 63140
20 First Consolidate Bank 63191
21 HSBC 63134
22 HSBC Savings Bank 63135
23 Industrial Bank of Korea 63193
24 ISLA Bank 63194
25 JP Morgan Chase Bank 63196
26 Land Bank 63144
27 KEB Hana 63195
28 Malayan Bank 63197
29 Maybank Philippines 63157
30 Mega INTL COMML Bank Co LTD (ICBC) 63198
31 Metrobank 63116
32 Metrobank (USD) 63182
33 Mizuho Bank Ltd (Fuji Bank) 63199
34 Partner Rural Bank (COTABATO) INC 63202
35 Philippine Bank of Communications (PBCOM) 63118
36 Phil Business Bank 63119
37 Philippine National Bank (PNB) 63132
38 Philippine Veterans Bank 63145
39 Philtrust Bank 63117
40 Producers Savings Bank Corp 63178
41 Philippine Saving Bank (PS Bank) 63121
42 OmniPay Inc previously known as PVBCC 63200
43 Rizal Commercial Banking Corporation (RCBC) 63124
44 Rizal Commercial Banking Corporation Savings Bank (RCBC) 63125
45 Robinsons Bank 63126
46 Security Bank 63127
47 Standard Chartered Bank 63205
48 Sterling Bank of Asia 63161
49 Shinhan Bank 63203
50 Sun Savings Bank Inc 63204
51 Yuanta Saving Bank Phils Inc (FKA TongYang) 63209
52 Union Bank of the Philippines 63041
53 United Coconut Planters Bank (UCPB) 63029
54 United Overseas Bank Philippines (UOB) 63207
55 Wealth Development Bank 63208
56 ASIA UNITED BANK (USD) 63211
57 ANZ BANK (USD) 63212
58 BANGKOK BANK PUBLIC CO LTD (USD) 63213
59 BANK OF CHINA (USD) 63214
60 BANK OF COMMERCE (USD) 63215
61 CITIBANK (PHILIPPINES) (USD) 63216
62 CHINATRUST BANK (USD) 63217
63 DEVELOPMENT BANK OF PHILIPPINES (USD) 63218
64 EAST WEST BANK (USD) 63219
65 HSBC (USD) 63220
66 INDUSTRIAL BANK OF KOREA (USD) 63221
67 KEB HANA (USD) 63222
68 LAND BANK (USD) 63223
69 MALAYAN SAVINGS BANK (USD) 63224
70 MAYBANK PHILIPPINES (USD) 63225
71 MEGA INTL COMML BANK CO LTD (USD) 63226
72 MIZUHO BANK LTD (USD) 63227
73 PHILIPPINE BANK OF COMMUNICATIONS (USD) 63228
74 PHILIPPINE VETERANS BANK (USD) 63229
75 RIZAL COMMERCIAL BANKING CORPORATION (USD) 63230
76 RIZAL COMMERCIAL BANKING CORPORATION SAVINGS BANK (USD) 63231
77 SECURITY BANK (USD) 63232
78 SHINHAN BANK (USD) 63233
79 STANDARD CHARTERED BANK (USD) 63234
80 UNION BANK OF THE PHILIPPINES (USD) 63235
81 UNITED COCONUT PLANTERS BANK (USD) 63236
82 UNITED OVERSEAS BANK PHILIPPINES (USD) 63237
83 BANK OF PHILIPPINE ISLAND (USD) 63238
84 BDO NETWORK BANK 63159
85 MayBank 63133

Electronic wallet

Service specification

TypeDescription
Cash-out MethodDirect credit to E-Wallet account in Philippines Peso (PHP).
Supported Beneficiary type - Individual only.
Supported Sender Type - Individual and Company.
Transaction Turnaround Time· Below or Equal to PHP 50,000 - Instant real-time, Transaction can be done on 24 x 7 basis *(Within 10 minutes).
· Above PHP 50,000 - Pesonet, T+2 Philippines Banking day for transaction processed after 2.30pm (Mon- Fri) GMT +8.
Area availabilityPhilippines nationwide
Account VerificationNo Account Verification.
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per transaction PHP 100,000
Minimum per transaction PHP 10.00
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks
Do_Transfer2

List of e-wallet service

NoNameIssuer Code
1G-XHANGE INC / GCashEWGCH
2PAYMAYA PHILS INCEWPMY

Cash pick-up channel

Service specification

Type Description
Cash-out MethodCash pickup Philippines Peso (PHP) at any supported outlets.
Supported sender type - individual and company.
Supported beneficiary account type – individual only.
Transaction Turnaround TimeWithin 15 minutes
Transaction Working HoursBusiness hours: Operating hours for all available cash-pickup locations differ, however normal business hours 9am – 6pm Monday – Saturday is generally available.

There are 200 selected outlets in Philippine Major Cities that operates 24 x 7.
Area availabilityPhilippines nationwide
Validation / VerificationBeneficiary to provide valid ID, Unique Transaction Number, Sender’s Name, Amount to be received and “Tranglo” as sender entity / company / service provider
Amount receivedBeneficiary to be received the payout in the nearest PHP 10
Transaction LimitMaximum per transaction PHP 50,000
Minimum per transaction PHP 10.00
Compliance accumulated limit PHP 500,000 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on allow if the payout in not claim.
RemarksPayout amount will be rounded to the nearest PHP 10.
Beneficiary can go to the Payout Agent with the same payout code that are under same Pick-up Group.
Minimum Age for Cash Pickup is 16 years old.
Unclaimed Transaction will be expired after 28 Calendar days.
Do_Transfer bAccType Value5

List of cash pickup outlet

NoNameWebsitePayout Code SampleIssuer CodePick-up Group
(pick-up anywhere available if payout agents under same grouping)
1 BDO Cash Pickup https://www.bdo.com.ph/branches-atms-locator P330123456789 CPAW A
2 M Lhuillier http://www.mlhuillier.com/branches/ P330123456789 CPMLKP A
3 Cebuana Lhuillier https://www.cebuanalhuillier.com/ P330123456789 CPCL A
4 Palawan Pawnshop http://www.palawanpawnshop.com/pera-padala P330123456789 CPPPS A
5 LBC Express https://lbcexpress.com/ P330000008751 CPLBC A
6 SM Counters https://www.bdo.com.ph/branches-atms-locator P330123456789 CPSFC A
7 BPI https://secure1.bpiexpressonline.com/locator/search.aspx?loc=BRANCH G123456789012 CPBPI B
8 Metrobank https://www.metrobank.com.ph/locate_branch.asp G123456789012 CPMTPHP C
9 Metrobank USD https://www.metrobank.com.ph/locate_branch.asp G123456789012 CPMTUSD C
10 RD CASH PADALA https://rdpawnshop.com.ph/ P330123456789 CPRDPS D