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Remittance: PCHC End-Of-Day Peso and US Dollar Netting
This is an automated fund transfers system operated by the Philippine Clearing House Corporation (PCHC) that electronically sends a summary of fund transfers from one participating local bank to another at the end of the day.
 
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Features Benefits Requirements Contact Us  
 
Fund transfers can be done in Philippine Peso or US Dollar currency
Peso settlement is cleared at the PCHC while US Dollar settlement is cleared at Citibank, Manila
Funds are credited to the beneficiary at end of day or the following banking day
Intended fund transfers that are not too time sensitive
Fund transfer is available between 9:00 a.m. to 4:00 p.m. during banking days
Remittances can be paid in Philippine Peso or US Dollar currency
   


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