Payment timing varies depending on the sending country, receiving country, currency, as well as the amount sent. The tables below provide you with the estimated processing time for payments made by Philippines clients:
1. Local Currency
Table 1 highlights the processing time for funds being received in the recipient's local currency.
Example: Recipient in Thailand receives their funds in the local Thai Baht.
Receiver Country | Currency |
(T+ in business days) |
Maximum Amount per Transaction |
Philippines1 | PHP | 0 | 50,000 |
2. Non-Local Currency
Non-Local Currency transfer is currently not available until further notice.
Table 2 highlights the processing time for funds being received in a currency not local to the recipient.
Example: Recipient in Thailand receives their funds in USD/SGD/EUR.
All Non-local currency transfers are processed via SWIFT
Receiver Country | Currency |
(T+ in business days)1 |
Maximum Amount per Transaction |
Philippines | USD | 4 | |
Indonesia | USD | 4 | |
Malaysia | USD | 4 | |
Singapore | USD | 4 | |
Thailand | USD | 4 | |
Vietnam | USD | 4 | |
China | USD | 4 | |
Hong Kong | USD | 4 | |
Taiwan | USD | 4 | |
India | USD | 4 | |
Austria | USD | 4 | |
Belgium | USD | 4 | |
Bulgaria | USD | 4 | |
Czech Republic | USD | 4 | |
Denmark | USD | 4 | |
France | USD | 4 | |
Germany | USD | 4 | |
Greece | USD | 4 | |
Ireland | USD | 4 | |
Italy | USD | 4 | |
Latvia | USD | 4 | |
Lithuania | USD | 4 | |
Luxembourg | USD | 4 | |
Malta | USD | 4 | |
Netherlands | USD | 4 | |
Norway | USD | 4 | |
Poland | USD | 4 | |
Portugal | USD | 4 | |
Slovenia | USD | 4 | |
Spain | USD | 4 | |
Sweden | USD | 4 | |
Switzerland | USD | 4 | |
United Kingdom | USD | 4 | |
Georgia | USD | 4 | |
Belarus | USD | 4 | |
Canada | USD | 4 | |
Argentina | USD | 4 | |
Brazil | USD | 4 | |
Mexico | USD | 4 | |
Turkey | USD | 4 | |
South Africa | USD | 4 | |
Australia | USD | 4 | |
New Zealand | USD | 4 |
Additional Information:
- Processing time may be extended by 1 - 2 business days if the receiving country is in the middle of a public holiday or if there is a compliance requirement to request for additional information.
- Supporting documents may sometimes be requested for certain payments due to compliance checks done by our Payment Processors.
- Non-Local Currency transaction cut-off is at 2 PM. Transactions submitted after the cut-off hour may require an additional 1 - 2 business days to process.
- Payments exceeding the maximum amount per transaction may require an additional 1 - 3 business days to process.
-
Due to some changes in our payment system, Spenmo is only able to support some international payments in Philippines until further notice. We apologize for all the inconvenience that occurs due to these changes. Please be rest assured that we will keep working to bring betterment to our products in the future.
1 The processing time will change to T+2 if the beneficiary bank is not on InstaPay network and if the amount exceeds PHP 50,000
Please fill in this form for any additional assistance required.
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