Wise Transfer Conversion and Local Credit Timing
Wise is widely used to send money from abroad to Philippine bank accounts with transparent exchange rates. Transfers involve currency conversion before funds are credited locally.
Note: Processing time depends on the source country, payment method, and receiving Philippine bank.
Wise Transfer Processing Overview
| Transfer Stage | Typical Processing Time |
|---|---|
| International payment to Wise | Same day to one business day |
| Currency conversion | Processed before local transfer |
| Credit to Philippine bank | Same day or next banking day |
Receiving Funds in Philippine Banks
Once Wise completes the conversion, funds are sent to the local bank using domestic transfer channels. Many transfers are credited within the same banking day if sent before cut off.
Transfers initiated late at night, on weekends, or on Philippine holidays may post on the next banking day.
Frequently Asked Questions
Q: How fast are Wise transfers to Philippine banks?
A: Most transfers are credited within one banking day after conversion is completed.
Q: Why does Wise show different delivery times?
A: Delivery time depends on the source country, payment method, and local bank processing schedules.
Q: Do Wise transfers arrive on weekends?
A: Transfers sent on weekends are usually credited on the next banking day.
Philippine Holidays