PHILIPPINE DIGITAL ASSET EXCHANGE, INC., (PDAX), BIC/SWIFT Code Details
Address: PICADILLY STAR TOWER FLOOR 12, 27TH STREET CORNER 4TH AVENUE, BGC, FORT BONIFACIO TAGUIG CITY, 1634 PHILIPPINES
General instructions for international payments to banks in PHILIPPINES: Instructions for Sending Payments to the Philippines:
For sending payments to the Philippines, ensure the remitter has all required bank information from the beneficiary, including SWIFT BIC, account number, and beneficiary bank address. Payments in PHP must be converted in-country and cannot be held offshore. Receipts exceeding PHP 500,000 or its foreign currency equivalent must be reported to the Anti-Money Laundering Committee.
When formatting payments:
IBAN: No
Standard Settlement Instructions (SSI) contain the list of correspondent banks of PHILIPPINE DIGITAL ASSET EXCHANGE, INC., (PDAX) for each currency.
To track a SWIFT cross-border payment to or from PHILIPPINE DIGITAL ASSET EXCHANGE, INC., (PDAX), you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.