Note that there are no minimums or limits for depositing money.
Here is a breakdown of our minimums and withdrawal/send limits:
Minimum Sending Amounts
- If you are withdrawing or sending PHP, the minimum amount is $8
- If you are withdrawing or sending USDT, the minimum amount is $16.
- If you are withdrawing or sending USDC in any chain, the minimum amount is $1.
Maximum Monthly Sending Amounts
Monthly withdrawal or sending limits are default $5000 on a monthly basis. Meaning that your transaction limit will renew every first of the month.
However, you can easily raise your monthly limits. Find the process here: https://parallaxlabshelp.zendesk.com/hc/en-us/articles/19716678771853
Maximum Per Transaction Sending Amounts for Philippine Accounts
For Philippine bank and e-wallet, please refer to the per-transaction withdrawal limits to avoid any failed transactions.
Account Name | Per Transaction Limit |
BPI Savings (GSave) Bpi Direct Bank Inc |
30,000 PHP 50,000 PHP |
Isla Bank | 50,000 PHP |
Partner Rural Bank Cotabato Inc |
50,000 PHP |
Quezon Capital Rural Bank Inc |
50,000 PHP |
Rural Bank of Guinobatan Inc |
50,000 PHP |
Sun Savings Bank |
50,000 PHP |
Ucpb Savings Bank |
50,000 PHP |
Card Bank |
100,000 PHP |
GCash |
100,000 PHP usually but depends on your verification. See here. |
Paymaya Wallet |
100,000 PHP usually but depends on your verification. See here. |
Binangonan Rural Bank |
5,000,000 PHP |
All Other Banks |
100,000,000 PHP |
List of banks that do not support InstaPay
Amanah Islamic Investment Bank |
Australia and New Zealand Bank |
Bank of China, Ltd. - Manila Branch |
Bangkok Bank Public Co, Ltd. |
Bangko Kabayan Inc |
Bangko Nuestra Señora Del Pilar Inc |
Bank of America, N.A. |
Bank of Florida |
Bank of Makati |
Cantilan Bank |
Country Builders Bank Inc |
Citibank, N.A. |
Community Rural Bank of Romblon |
Deutsche Bank AG |
Dumaguete City Development Bank |
First Consolidated Bank Inc |
Guagua Rural Bank Inc |
Hong Kong and Shanghai Banking Corp. |
HSBC Savings Bank Inc |
Innovative Rural Bank Inc |
Industrial Bank of Korea |
Industrial and Commercial Bank of China (ICBC) - Manila Branch |
JP Morgan Chase Bank, NA. |
Korea Exchange Bank |
KEB Hana Bank - Manila Branch |
Maya Bank, Inc. |
Mega International Commercial Bank Co, Ltd. |
Mizuho Bank, Ltd. - Manila Branch |
MUFG Bank, Ltd. |
Rang-Ay Bank Inc |
Rural Bank of Digos |
Rural Bank of Montalban, Inc |
Shinhan Bank - Manila Branch |
Sumitomo Mitsui Banking Corporation (SMBC) |
Tong Yang Savings Bank, Inc. |
United Overseas Bank, Ltd. (UOB) - Manila Branch |
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