Short answer Chinabank’s remittance fee schedule, effective January 2025, lists ₱600 for an outward foreign telegraphic transfer (TT) from a peso or foreign-currency account. An inward foreign TT costs ₱150 to ₱300 when credited in pesos, depending on how it is funded, or US$3, €5, CNY 35 or JPY 300 when credited to a dollar, euro, yuan or yen account. Inward PESONet carries no Chinabank fee.
At a glance
- Outward foreign TT₱600 from a peso or foreign-currency accountSource ↗ ·
- Inward foreign TT, credit to peso₱150; ₱200 if funded by a local bank; ₱300 if funded by a foreign bankSource ↗ ·
- Inward foreign TT, credit to USDUS$3Source ↗ ·
- Inward PESONetnoneSource ↗ ·
- Fee at cash pick-up countersnone for the receiverSource ↗ ·
These are Chinabank’s own charges. The remittance partner abroad sets its own price for the sender, and Chinabank says that fee “varies depending on the remittance partner and the remittance service”.
Outward remittance fees
| Route | Fee |
|---|---|
| Foreign telegraphic transfer, debit peso account | ₱600 |
| Foreign telegraphic transfer, debit foreign-currency account | ₱600 |
| Outward RTGS | ₱600 |
| Outward GSRT | ₱600 |
| Outward PESONet | ₱200 |
| Outward PDDTS end-of-day netting in USD | ₱200 |
The outward PESONet line is a branch remittance charge. Transfers sent from the My CBC app are a different channel: Chinabank lists InstaPay and PESONet transfers there as free of charge, with up to ₱50,000 per InstaPay transaction and ₱499,999 per PESONet transaction (Chinabank ↗, ). See the InstaPay and PESONet fee table for other banks.
Inward foreign telegraphic-transfer fees
| Credit route | Fee |
|---|---|
| Credit to peso | ₱150 |
| Credit to peso, funded by a local bank | ₱200 |
| Credit to peso, funded by a foreign bank | ₱300 |
| Credit to USD | US$3 |
| Credit to EUR | €5 |
| Credit to CNY | CNY 35 |
| Credit to JPY | JPY 300 |
The three peso rows depend on how the money reaches Chinabank, so the sender’s bank or remittance partner decides which one applies. Each peso row is subject to documentary stamp tax of ₱0.60 for every ₱200 or fraction of it, per the schedule’s footnote.
Inward domestic remittance fees
| Route | Fee |
|---|---|
| Inward RTGS | ₱200 |
| Inward GSRT, credit to peso | ₱150 |
| Inward GSRT, credit to USD | US$3 |
| Inward PESONet | None |
| Inward PDDTS end-of-day netting, credit to peso | ₱150 |
| Inward PDDTS end-of-day netting, credit to USD | US$3 |
Early withdrawal from a dollar account
An outward TT debited from a foreign-currency account carries a second footnote. Within the holding period of a USD account, Chinabank charges an early withdrawal fee of 0.25% of the amount or US$10, whichever is higher. Other foreign-currency accounts must clear the holding period first. This is separate from the ₱600 transfer fee.
How money from abroad can arrive
Chinabank’s remittance page lists three delivery options through its international partners:
- direct credit to a Chinabank account;
- credit to another Philippine bank account, including e-wallet top-up;
- cash pick-up at Chinabank branches and a domestic payout network of over 12,000 branches.
Cash pick-up partners in the Philippines named on the page are Chinabank and China Bank Savings branches, Cebuana Lhuillier, M Lhuillier, LBC and Palawan Express Pera Padala. Options differ by partner and country: Ria Money Transfer, for example, is listed for the United States, Canada, the United Kingdom and Australia with cash pick-up through Chinabank branches only.
Give this to the sender
- Delivery method
Credit to Chinabank Account
How long it takes
- Partner with direct integrationsecondsper Chinabank’s remittance FAQ.
- Other remittanceswithin 24 hours of sendingdepending on the mode of remittance.
- Receiver noticeon arrivalChinabank sends an SMS once the remittance is available for pick-up.
Source: Chinabank Remittance FAQs ↗ ·
Warning Never give an OTP, PIN or online banking password to anyone who says they are releasing a remittance. Track a transfer only through Chinabank’s remittance tracker or hotline, or the partner’s own app.