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Correspondent Bank

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Wise Granted Direct Access to Philippines’ Instant Payments Infrastructure, Gets Settlement Account With BSP

Fintech Finance

NOVEMBER 4, 2024

Wise, the global technology company building the best way to move and manage the world’s money has been granted direct access to InstaPay, the Philippines’ real-time payment system, and can also directly settle with the Bangko Sentral ng Pilipinas’ (BSP) real-time gross payment system, PhilPaSS Plus.

Instant Payments

Instant Payments Settlement Accounts Cross-Border Payments

Wise Granted Access to Philippines’ Real-Time Payment System

The Fintech Times

NOVEMBER 5, 2024

Alongside enhancing the service it offers millions of its own customers, the move also benefits millions more users of some of the world’s largest banks and financial institutions, such as Bank Mandiri , which offer their customers international payments through Wise Platform.

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Real Time Payments Cross-Border Payments Cross-Border Correspondent Bank

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Payments Space

Wise Granted Direct Access to Philippines’ Instant Payments Infrastructure, Gets Settlement Account With BSP

Wise Granted Access to Philippines’ Real-Time Payment System

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