What are the banks/financial institutions I can send money to?
|
P2P: SALPay Account |
P2P: Unionbank EON |
ABN AMRO Bank |
ANZ Banking Group Ltd. |
Asia United Bank Corporation |
Bangkok Bank Public Co. Ltd. |
Bank of America, N.A. |
Bank of Commerce |
Bank of the Philippine Islands (BPI) |
BDO Unibank, Inc. (BDO) |
China Banking Corporation |
Citibank, N.A. |
CTBC Bank (Philippines) Corporation |
Deutsche Bank AG |
Development Bank of the Philippines |
East West Banking Corporation |
Equitable Banking Corporation (PCIB) |
Export and Industry Bank |
ING Bank N.V. |
International Exchange Bank |
Intl Commercial Bank of China (ICBC) |
JP Morgan Chase Bank, N.A. |
KEB Hana Bank – Manila Branch |
Land Bank of the Philippines |
Maybank Philippines, Incorporated |
Metropolitan Bank & Trust Company (Metrobank) |
Mizuho Bank, Ltd. – Manila Branch |
Philippine Bank of Communications (PBCOM) |
Philippine National Bank (PNB) |
Philippine Trust Company |
Philippine Veterans Bank |
Rizal Commercial Banking Corporation (RCBC) |
Robinsons Bank Corporation |
Security Bank Corporation |
Standard Chartered Bank |
Sterling Bank of Asia, Inc. |
The Bank of Tokyo-Mitsubishi UFJ, Ltd. |
The Hongkong and Shanghai Banking Corporation |
Union Bank of the Philippines |
United Coconut Planters Bank (UCPB) |
United Overseas Bank Limited, Manila Branch |
Can I use SALPay to send money to bank accounts for other currencies (e.g. US Dollar bank accounts?)
At present, you can transfer money only to Philippine Peso bank accounts using SALPay’s Send Money feature.
When I Send Money, how long would it take for the recipient to receive the money?
Fund transfers can usually be completed within 1-3 banking days.
What is the cut-off time for these transactions?
2PM
How long will it take for a fund transfer to take effect if it was sent before or after the cut-off time?
How long will it take for the fund transfer to take effect if I sent it during a non-working day? (e.g. Weekend, Holiday)
Money sent during a non-working day will be processed the next working day.
How will I know if my Send Money transaction was successful?
Send Money transactions are completed within 1-3 banking days, but the SALPay app and e-wallet will immediately show you that the amount sent has already been debited from your balance, if successful.
What if I made a mistake in my Send Money transaction?
If there is an errors/problems with your transaction (e.g. submission of incorrect account details, issues with the destination bank account), you will be notified in-app and the transaction will be reversed automatically. The amount will be credited back and your balance will be restored.
How much does SALPay charge for sending/transferring money?
SALPay In-App Serives |
Service Fee |
Person to Person (P2P) via SALPay |
Php 20.00 |
Person to Person (P2P) – Unionbank EON |
Php 20.00 |
SALPay to other Bank Account |
Php 40.00 |