◆ClearingPost

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 10 of 150 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 8 Sep 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 reports PhilPaSSplus monthly totals and a weekly average daily volume and value in its Payments Bulletin, and does not publish a single monthly daily average; the registered daily figures divide the June 2026 monthly totals by the 21 Philippine banking days in that month, which reconciles exactly with the BSP weekly averages published for the same month. BSP monetary operations and peso-dollar trades account for roughly 78 percent of settled value. System efficiency was 99.96 percent for full-year 2025. BSP has confirmed a near-24/7 PhilPaSS operating target for 2026 of 22 hours a day, seven days a week. Historical context: full-year 2025 was a record year, and 16 institutions were onboarded during 2025 including two electronic money issuers.

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.