Axiym
๐Ÿ‡ต๐Ÿ‡ญ
Destination country playbook

Philippines

PH / PHL

Currency
PHP

Bank payout requirements

Details needed to pay a bank account in this destination.

RequirementRequirednessPayload pathHelper information
Bank BIC
Required
recipient.โ€‹destination.โ€‹bank.โ€‹swiftBic
8 or 11 charactersPattern^[A-Z]{4}PH[A-Z0-9]{2}([A-Z0-9]{3})?$BIC is the primary creditor-bank identifier required by this local payout profile and is used to resolve domestic and execution-specific routing identifiers where needed.
Philippine bank account
Required
recipient.โ€‹destination.โ€‹accountNumber
Local PHP payouts use the beneficiary's domestic account number rather than an IBAN.
Bank BRSTN
Optional
recipient.โ€‹destination.โ€‹bank.โ€‹clearingCode
9 digitsPattern^[0-9]{9}$BRSTN may be supplied as the Philippine domestic routing identifier.