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Destination country playbook
Philippines
PH / PHL
- Currency
- PHP
Bank payout requirements
Details needed to pay a bank account in this destination.
| Requirement | Requiredness | Payload path | Helper information |
|---|---|---|---|
Bank BIC | Required | recipient.โdestination.โbank.โswiftBic | 8 or 11 charactersPattern^[A-Z]{4}PH[A-Z0-9]{2}([A-Z0-9]{3})?$BIC is the primary creditor-bank identifier required by this local payout profile and is used to resolve domestic and execution-specific routing identifiers where needed. |
Philippine bank account | Required | recipient.โdestination.โaccountNumber | Local PHP payouts use the beneficiary's domestic account number rather than an IBAN. |
Bank BRSTN | Optional | recipient.โdestination.โbank.โclearingCode | 9 digitsPattern^[0-9]{9}$BRSTN may be supplied as the Philippine domestic routing identifier. |