SG777 PESONet — Limits, Fees & Settlement
PESONet is a Philippine payment rail — regulation: Bangko Sentral ng Pilipinas, the regulator whose National Retail Payment System framework covers this batch rail.
Key facts and contents
- Operator
- Philippine Payments Management, Inc., where the Philippine Clearing House Corporation serves as designated clearing switch operator
- Regulator
- Bangko Sentral ng Pilipinas, the regulator whose National Retail Payment System framework covers this batch rail
- Wallet limit
- Not published
- Per-transaction cap
- Not published
- Settlement
- on the same banking day provided the instruction is sent ahead of the clearing house cut-off, with the next banking day taking over after that. Several cycles a day clear it in batches rather than in real time, and no cycle runs at weekends
- Figures as of
- 2026-09
This page covers PESONet the payment rail. Details that belong to a particular operator’s cashier are left out on purpose, as the last section explains.
PESONet at a glance
| Field | Value |
|---|---|
| Operated by | Philippine Payments Management, Inc., where the Philippine Clearing House Corporation serves as designated clearing switch operator |
| Regulated by | Bangko Sentral ng Pilipinas |
| Wallet limit | Not applicable to this rail |
| Per-transaction cap | Not published |
| Settlement | on the same banking day provided the instruction is sent ahead of the clearing house cut-off, with the next banking day taking over after that. Several cycles a day clear it in batches rather than in real time, and no cycle runs at weekends |
| Published fees | BSP mandates that the beneficiary pays nothing for electronic crediting. A fee may be charged by the sending institution, and no rail-wide figure has been published. |
What you see here is a 2026-09 reading and may have moved since. Without notice, payment providers revise limits and fees, which makes the provider’s own page the one current source.
How fast money actually moves
PESONet settles on the same banking day provided the instruction is sent ahead of the clearing house cut-off, with the next banking day taking over after that. Several cycles a day clear it in batches rather than in real time, and no cycle runs at weekends. That is about the rail rather than the casino: an operator may hold a withdrawal for its own review before it gets anywhere near PESONet, and that review is where most waiting comes from.
BSP’s own comparison table lists PESONet as ‘no limit’, as it sets no scheme-wide limit per transaction. Each participating institution sets its own caps, which means a transfer that gets rejected reflects the bank’s rule and not the rail’s. For this field, that is the actual answer and not a figure that is missing.
What PESONet says about gambling transactions
No public position on gambling merchants from PESONet could be sourced for this page, as it publishes none. A transfer can be declined with no published rule behind it, because e-money issuers routinely apply unpublished merchant-category rules, and that is a different matter from permission.
Verification tiers
Since no published verification tiers for PESONet were found, none are listed. All the same, verifying identity is routine for regulated Philippine e-money accounts, so a lower-than-expected limit usually points to an unverified account.
Checking a casino cashier for PESONet
- Sign in to the casino account you hold and open the deposit screen.
- Look for PESONet by name in the list of methods; if it is missing there, that account does not offer it.
- Make sure the name on your PESONet account and the name on your casino profile match exactly.
- Before confirming, read the minimum, maximum and any PESONet fee the cashier prints next to the method.
PESONet’s own rules are above; whether a given casino takes PESONet is a question only its cashier answers.
FAQ
What is the PESONet wallet limit?
No wallet ceiling is published by PESONet, so this page quotes none.
How long does PESONet take?
The rail settles on the same banking day provided the instruction is sent ahead of the clearing house cut-off, with the next banking day taking over after that. Several cycles a day clear it in batches rather than in real time, and no cycle runs at weekends. Before it lets a withdrawal go, the operator carries out its own review, which is separate and tends to be longer.
Does a casino I play at accept PESONet?
Open its deposit screen while signed in and look for PESONet in the method list. If the screen names it, check that both account names match and note the limits shown; if it does not, that casino does not take PESONet for your account.
Does PESONet charge fees?
Published fees: BSP mandates that the beneficiary pays nothing for electronic crediting. A fee may be charged by the sending institution, and no rail-wide figure has been published.. Providers revise these without notice.