Payouts to Philippines
Pay Philippine pesos from USDT or USDC
The Philippines is a payroll and contractor corridor: businesses paying remote teams, agencies and suppliers in pesos. XEROF pays PHP to a bank account in the Philippines from a USDT or USDC balance, business to business, business to consumer and consumer to business.
How a payout to Philippines works
Payments up to PHP 50,000 arrive in real time. Larger payments are made by standard bank transfer with no upper limit set by the receiving market.
- Payout currency
- PHP
- Paid to
- Bank account in Philippines
- Payment types
- B2B (business to business), B2C (business to consumer), C2B (consumer to business)
- Maximum per payment
- PHP 50,000 per payment in real time; no limit otherwise
- Rails
- Real-time transfer up to PHP 50,000; standard bank transfer above
- Pricing
- Per corridor: the PHP leg is quoted per payment on the confirmation
Who pays Philippine pesos this way
- A company paying monthly invoices from Philippine contractors, each to the contractor's own bank account.
- A supplier payment in pesos against an invoice, above the real-time threshold, by standard transfer.
- A business settling several beneficiaries from one stablecoin balance, each payment screened and confirmed separately.
Paying Philippines from Zug: timing and practicalities
Manila is six to seven hours ahead of Zug. A peso payment below the real-time threshold confirmed in the Swiss morning arrives while the Philippine working day is still open; larger standard transfers settle on the next banking day in Manila, and Philippine public holidays, which are frequent, add a day.
Contractor payments are the bulk of this corridor, so most instructions are repeat payments to beneficiaries already screened. Once a beneficiary is on file, a second or tenth invoice needs only the invoice reference and the amount.
What XEROF needs before the first payment
- Beneficiary name and bank account details.
- The invoice or contract the payment settles.
- For business to consumer payments, the beneficiary's own account; XEROF does not pay to accounts held in another name.
A worked example in PHP
- You send
- USDC 5,000 on ERC-20
- XEROF converts
- USD 5,000 equivalent at the live rate
- Beneficiary receives
- PHP to the contractor's account, real time if under PHP 50,000 per payment
- Fees on this example
- Brokerage fee plus the quoted PHP leg
Common questions
- How fast does a peso payout arrive?
- Payments up to PHP 50,000 are made in real time. Larger payments go by standard bank transfer and arrive within the receiving bank's normal processing time.
- Can I pay several contractors from one balance?
- Yes. Each beneficiary is screened once, and each payment carries its own confirmation.
- Is this suitable for small monthly payments?
- Yes. Several payments can be batched into one conversion, and the confirmation shows the fee before you commit.
- What is the maximum for a PHP payout to Philippines?
- PHP 50,000 per payment in real time; no limit otherwise, set by the receiving market.
Philippines: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Nearby corridors
- Payouts to ThailandPay suppliers, contractors and invoices in Thailand from a stablecoin balance.
- Payouts to SingaporePay Singapore suppliers, counterparties and invoices in SGD from a stablecoin balance.
- Payouts to IndiaPay suppliers, contractors or your own account in India from a stablecoin balance.
Open a XEROF account to pay Philippine pesos in Philippines.