CHASPHMM

Payment Instructions

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:

• Ordering Customer: Include the account number, full name (no initials), date of birth/incorporation, and address with street address, city, state, country, and postal code. Avoid P.O. Box numbers.
• Beneficiary Customer: Include the account number, full name (no initials), and full address with street address, city, state, country, and postal code. Avoid P.O. Box numbers.
• Beneficiary Bank: Include the SWIFT BIC code with the branch identifier if required, and the full name and address of the beneficiary bank. The SWIFT BIC is 8 or 11 alphanumeric characters formatted as xxxxPHxx or xxxxPHxxxxx.

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of JPMORGAN CHASE BANK, N.A. - MANILA, BRANCH for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from JPMORGAN CHASE BANK, N.A. - MANILA, BRANCH, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Other Branches

Related SWIFT-codes

Disclaimers

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.