The Metrobank PESONet cut-off in the Philippines is 3:00 PM; later transfers go the next banking day.
Short answer Metrobank’s cut-off for PESONet transfers is 3:00 PM. A transfer made after the cut-off is processed the next banking day, and PESONet runs on banking days only. From the Metrobank App you can send up to ₱200,000 a day by PESONet, free of charge since July 9, 2026.
By zpeso Desk · Metrobank and BSP pages .
At a glance
- PESONet cut-off3:00 PMMetrobank ↗ ·
- After the cut-offprocessed the next banking dayMetrobank ↗ ·
- PESONet limitup to ₱200,000 a dayMetrobank ↗ ·
- PESONet fee in the Metrobank Appfree from July 9, 2026Metrobank ↗ ·
- PESONet settlement cycles10:00 AM, 1:00 PM and 4:00 PM on business daysBSP ↗ ·
Metrobank PESONet cut-off and crediting
| When you send from Metrobank | What happens |
|---|---|
| Before 3:00 PM on a banking day | Goes out within Metrobank’s cut-off for that day |
| After 3:00 PM | Processed the next banking day |
| Saturday, Sunday or a holiday | PESONet does not run; the transfer waits for the next banking day |
PESONet is a batch system. The BSP explains that the payee receives the full value the same banking day when the payment instruction was sent within the cut-off time. Metrobank’s 3:00 PM cut-off falls an hour before the scheme’s last settlement cycle of the day at 4:00 PM.
How long it takes
- Before Metrobank’s 3:00 PM cut-offsame banking daythe BSP says PESONet credits the payee the same banking day when the instruction is sent within the cut-off.
- Settlement to credittypically within two hoursthe BSP says funds are credited within two hours after the receiving institution gets the inward clearing advice, with up to three hours allowed during the 3MBS rollout.
- After 3:00 PM, or on a weekend or holidaynext banking dayMetrobank processes transfers made after the cut-off on the next banking day.
Source: BSP, PESONet 3MBS FAQ ↗ · Metrobank ↗ ·
| BSP settlement cycle | Covers PESONet transactions made |
|---|---|
| 10:00 AM | 4:00:01 PM to midnight of the previous business day, and midnight to 10:00 AM of the current business day |
| 1:00 PM | 10:00:01 AM to 1:00 PM of the current business day |
| 4:00 PM | 1:00:01 PM to 4:00 PM of the current business day |
PESONet or InstaPay from Metrobank
| PESONet | InstaPay | |
|---|---|---|
| Speed | Batch, banking days only | Real time |
| Cut-off | 3:00 PM | None |
| Limit in the Metrobank App | Up to ₱200,000 a day | ₱50,000 per transaction, ₱100,000 a day |
| Fee in the Metrobank App | Free from July 9, 2026 | Free from July 9, 2026 |
| Send by QR code | Not available | Available |
For an amount above ₱50,000 that must arrive in one transfer, PESONet is the Metrobank route; for a same-day transfer after 3:00 PM or on a weekend, InstaPay is the real-time option within its limits. Metrobank’s App FAQ says it is not possible to send money via PESONet using QR codes; QR transfers to other banks go through InstaPay.
Metrobank adds a charge only when a credit card is the source of an InstaPay transfer: 1.5% of the amount or ₱25, whichever is higher (Metrobank ↗).
Tip If your PESONet transfer has to land on a Friday, send it before 3:00 PM. After the cut-off it moves to the next banking day, which after a Friday is usually Monday, or later if a holiday follows.
Who you can send to
Metrobank keeps a list of the banks and e-wallets you can reach by InstaPay and PESONet from Metrobank Online and the Metrobank App (Metrobank ↗). The BSP’s full roster of PESONet participants is on PESONet participants.
For a transfer into a GCash wallet, see Metrobank to GCash.
Warning Check the account number before you confirm. Metrobank’s FAQ says the sending and receiving institutions validate the account number only, so money sent to the wrong valid account comes back only if the recipient agrees. See InstaPay sent to the wrong account.