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Remittance: Philippine Domestic Dollar Transfer System - Real Time Gross Settlement (PDDTS-RTGS)

This is a real-time electronic US Dollar fund transfer from one participating local bank to another intended to a local beneficiary operated by the Philippine Central Depository.

Apply now. Click here to find the branch nearest you.

Features

Benefits

Requirements

	The facility provides to move US Dollar funds from one Philippine bank to another in the same day without having to go through banks in the U.S.
	Funds are cleared at Citibank, Manila
	Does not have a ceiling amount per transaction
	Provides for online real-time fund transfers
	Transmission of data is done electronically
	Fund transfer is available between 9:00 a.m. to 4:00 p.m. during banking days
	Remittances are paid to the local beneficiary via credit to their savings account

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