JILICC Bank Transfer — Limits, Fees & Settlement
Bank Transfer is a Philippine payment rail — regulation: The Bangko Sentral ng Pilipinas, operating under the National Retail Payment System framework set up by Circular No. 980.
- Operator
- Under BSP oversight, both clearing houses are run by Philippine Payments Management, Inc., whereas the transfers themselves are executed by individual BSP-supervised banks and e-money issuers.
- Regulator
- The Bangko Sentral ng Pilipinas, operating under the National Retail Payment System framework set up by Circular No. 980
- Per-transaction cap
- Transfers going via InstaPay are limited to PHP 50,000 per transaction. PESONet has no scheme-wide cap, though the institution sending the transfer may set one.
- Settlement
- via InstaPay it moves in real time, around the clock, and via PESONet on the same banking day when the instruction beats the cut-off. The amount usually decides which rail a given transfer takes, because InstaPay's PHP 50,000 ceiling pushes larger transfers onto PESONet
- Figures as of
- 2026-09
Wallet limit: not published.
The subject of this page is Bank Transfer as a payment rail. Details that belong to one particular operator’s cashier are left out on purpose, and the last section gives the reason.
Bank Transfer at a glance
| Field | Value |
|---|---|
| Operated by | Under BSP oversight, both clearing houses are run by Philippine Payments Management, Inc., whereas the transfers themselves are executed by individual BSP-supervised banks and e-money issuers. |
| Regulated by | Bangko Sentral ng Pilipinas |
| Wallet limit | Not applicable to this rail |
| Per-transaction cap | Transfers going via InstaPay are limited to PHP 50,000 per transaction. PESONet has no scheme-wide cap, though the institution sending the transfer may set one. |
| Settlement | via InstaPay it moves in real time, around the clock, and via PESONet on the same banking day when the instruction beats the cut-off. The amount usually decides which rail a given transfer takes, because InstaPay’s PHP 50,000 ceiling pushes larger transfers onto PESONet |
| Published fees | Amounts differ from bank to bank, and the institution sending the money may charge on either rail. Both rails leave the receiving side uncharged, so it gets the full amount. |
The figures on this page are a point-in-time snapshot, recorded 2026-09. Limits and fees get revised by payment providers without warning, so the provider’s own page is the sole current source.
How fast money actually moves
Bank Transfer settles via InstaPay it moves in real time, around the clock, and via PESONet on the same banking day when the instruction beats the cut-off. The amount usually decides which rail a given transfer takes, because InstaPay’s PHP 50,000 ceiling pushes larger transfers onto PESONet. What that describes is the rail and not the casino, because an operator may hold a withdrawal back for its own review before it ever reaches Bank Transfer, and most waiting time is that review.
A per-transaction cap of Transfers going via InstaPay are limited to PHP 50,000 per transaction. PESONet has no scheme-wide cap, though the institution sending the transfer may set one. applies, which is why a larger transfer sometimes has to be split.
Paying with Bank Transfer at JILICC
- Sign in at JILICC and open the cashier.
- Choose Bank Transfer in the cashier’s list of payment methods for your account.
- Make sure the name on your JILICC account matches the name on your Bank Transfer account.
- Read the minimum, maximum and any fee on the cashier screen first; confirm the amount after that.
Limits shown on the cashier screen are live ones for your account, so it pays to read it before the first deposit with any new method.
FAQ
Who regulates Bank Transfer?
Bank Transfer — regulation: The Bangko Sentral ng Pilipinas, operating under the National Retail Payment System framework set up by Circular No. 980. That covers the rail, not the casino.
Does Bank Transfer charge fees?
Published fees: Amounts differ from bank to bank, and the institution sending the money may charge on either rail. Both rails leave the receiving side uncharged, so it gets the full amount.. Providers revise these without notice.
How do I pay with Bank Transfer at JILICC?
Once you're signed in, go to the cashier and choose Bank Transfer from the methods shown for your account. Names on the two accounts must match, and the cashier's limits deserve a look before you confirm.
How long does Bank Transfer take?
The rail settles via InstaPay it moves in real time, around the clock, and via PESONet on the same banking day when the instruction beats the cut-off. The amount usually decides which rail a given transfer takes, because InstaPay's PHP 50,000 ceiling pushes larger transfers onto PESONet. Before releasing a withdrawal, an operator carries out a review of its own, which is a separate step and usually takes longer.