What are your minimums and limits for sending or withdrawing money?

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 $6.
• 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 rolling monthly basis. Meaning if you make a transaction of $5000 on the 15th of the month, it will renew again, 30 days after that. It does not renew every 1st 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 Direct Bank Inc	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