What Are the Charges or Fees in a Telegraphic Transfer?

Written By Security Bank ()

Updated at May 13th, 2026

Inward Remittances

Source of Remittance

Description of Charges 

Rates/Fees

1. Foreign Telegraphic Transfer

Credit to USD CASA

Commission

USD5.50

Credit to Other FX Ccy (JPY, EUR, AUD, GBP, HKD, SGD, CAD) 

Commission

Equivalent of USD5.50

 

Computed as follows:

e.g. Yen Credit

USD5.50 X Selling Rate (SR) (Dollar to Peso) / Buying Rate (Yen to Peso)

Credit to PHP CASA

Commission

USD5.50 @ Selling Rate

DST

PHP 0.60 per PHP 200 and a fraction thereof

Credit USD CASA with other local banks thru PDDTS (USD)

Commission

USD5.50

Credit PHP CASA with other local banks thru EPCS (PHP)

Commission

USD5.50 @ Selling Rate

DST

PHP 0.60 per PHP 200 and a fraction thereof

2. Local Telegraphic Transfer (PDDTS)

Credit to USD CASA

Commission

USD5.50

Credit to PHP CASA 

Commission

USD5.50 @ Selling Rate

DST

PHP 0.60 per PHP 200 and a fraction thereof

Return to Sender USD

Commission

USD7.50

3. Local Telegraphic Transfer (RTGS)

Credit to PHP CASA 

Commission

PHP 100

RTGS Charges computed as: Principal amount X .00001

For Principal Amount of up to PHP 10,000,500

Minimum of PHP 100

For Principal Amount above PHP 10,000,500

Principal Amount X .00001 rounded off to the nearest Peso

For Principal Amount of 

PHP 40 MM and above

Maximum of PHP 400

4. Local Telegraphic Transfer (EPCS/Peso Net) 

Credit to PHP CASA 

Service Charge

PHP 0

 

 

Outward Remittances

Description of Charges

Rates/Fees

1. Foreign Telegraphic Transfer

Commission

USD 20 or its peso equivalent @ Selling Rate

DST (If principal is funded in pesos)

PHP 0.60 per PHP  200 and a fraction thereof

If correspondent bank charges is “OUR” *


a. For USD and other 3rd Ccy**

USD15 or its peso equivalent @ Selling Rate 

b. For YEN Ccy**

YEN 5,000 or its USD/peso equivalent @ Selling Rate

c. For EUR CCY**

EUR40 or its USD/peso equivalent @ Selling Rate

d. For HKD Ccy**

HKD300 or its USD/peso equivalent @ Selling Rate

e. For AUD Ccy**

AUD25 or its USD/peso equivalent @ Selling Rate

f. For SGD Ccy**

SGD20 or its USD/peso equivalent @ Selling Rate

g. For NZD Ccy**

NZD60 or its USD/peso equivalent @ Selling Rate

h. For GBP Ccy**

GBP20 or its USD/peso equivalent @ Selling Rate

i. For CNY Ccy**

USD15 or its CNY/peso equivalent @ Selling Rate

j. For CAD Ccy**

CAD15 or its USD/peso equivalent @ Selling Rate

k. For CHF Ccy**

CHF20 or its USD/peso equivalent @ Selling Rate

l. For THB7 Ccy** THB7 or its USD/peso equivalent @ Selling Rate

2. Local Telegraphic Transfer (PDDTS)

Commission

USD20 or its peso equivalent @ Selling Rate

DST (If principal is funded in Pesos) PHP0.60 per PHP200 and a fraction thereof

3. Local Telegraphic Transfer (RTGS)

Commission

PHP 400

RTGS Charges

Computes as: Principal amount X .00001

Minimum of PHP 100 for Principal Amount of up to PHP 10,000,000

For Principal Amount above PHP 10,000,000 multiply Principal Amount by .00001 rounded off to the nearest Peso

Maximum of PHP 400 for Principal Amount of PHP 40 MM and above

If correspondent bank charges is “OUR”*

To be collected upon receipt of billing from the beneficiary bank

4. Local Telegraphic Transfer (PESONET)

Service Charge

PHP50

 

Note: 

*SBC Client is the Remitter and all charges will be debited from his account.

**Subject to change and billing received from Beneficiary Bank.

Applicable for transactions initiated via Over the Counter and DigiBanker