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PhilPaSS

RTGS

Philippine Payment and Settlement System

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether PhilPaSS is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for PhilPaSS.

ClearingPost holds sourced upcoming items for 13 of 149 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for PhilPaSS in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources ClearingPost reads Bangko Sentral ng Pilipinas · Authoritative (T1) · 10 of 13 fields carry a source and a recorded date · latest sourced entry recorded 6 Nov 2026 · evidence details ↓

Record · PhilPaSS

Country
Philippines (PH)
Currency
Philippine Peso (PHP)
Operator
BSP
Type
RTGS
Operating Window
01:00–10:00 UTC · Mon–Fri
Year Established
2002
Tier?
Tier 3
ISO 20022?
Migrated
Region
Asia-Pacific
Settlement Type?
Gross
Participants
236 institutions (banks, NBFIs, government agencies)
Avg Daily Value
~PHP 1.6T/day (Q3 2025)
Availability
Business days
Notes

BSP publishes PhilPaSSplus monthly totals together with an average daily volume and value per week in its PPDD Payments Bulletin, so the registered daily figures cite the bulletin's last full week of the reporting month rather than a derived monthly average. The 2025 Peso RTGS Payment System Report describes 2025 as PhilPaSSplus's strongest performance since its 2021 launch, with 16 institutions onboarded during 2025 including two electronic money issuers, one of them the country's largest.

Reference Sources
Bangko Sentral ng Pilipinas
Authoritative (T1)Entry recorded Mar 15, 2026

Operations · PhilPaSS

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for PhilPaSS (3)

Coverage whose headline or summary names PhilPaSS, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the PhilPaSS operator or external.