Planning to cash in a large amount? With PESONet, you can reliably transfer funds to your Coins.ph account from your personal bank account or another e-wallet.
What is PESONet?
PESONet (Philippine EFT System and Operations Network) is a fast, secure way to transfer money between banks, e-wallets, and mobile money accounts in the Philippines. Made under the NRPS by Bangko Sentral, it's your go-to for convenient, reliable electronic cash!
Which banks can I use to cash in through PESONet?
At the moment, these banks have listed DCPAY PHILIPPINES INC (COINS.PH) as one of their receiving banks:
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NOTE: If your bank enables transfers via PESONet but is not in the list above, you may contact your bank’s customer support and request to add DCPay Philippines Inc./Coins.ph in their Receiver list.
How can I cash in via PESONet?
Before cashing in, make sure your Coins.ph account:
- Is at least ID and selfie verified
- Has a verified mobile number linked
Step-by-Step PESONet Cash-In Process
If your Coins.ph account meets the requirements above, here's how you can proceed with cashing in through PESONet:
1. Log into Your Online Banking
Access the personal online banking account where you’ll send your funds.
2. Initiate a Fund Transfer
Select PESONet transfer option
Note: There’s no need to create a cash-in request from the Coins.ph app before transferring.
3. Input Your Coins.ph Account Details
- Bank: DCPay Philippines Inc. (COINS.PH)
- Account Name: Your registered account name on Coins.ph
- Account Number: Your registered mobile number on Coins.ph
You can find these details in the sidebar menu of the Coins.ph app.
4. Complete the Transfer
Once your transfer via PESONet is cleared, the funds will be credited to your Coins.ph wallet linked to the provided mobile number.
When will I receive my cash in via PESONet?
Cut-off time for PESONet transfers depends on the sending bank. All transfers which did not reach the banks' cut-off time (including transfers made during the weekend and holidays) will be processed the next banking day.
How much are the fees for cash ins via PESONet?
Coins.ph will not be charging fees a cash in via PESONet. However, note that it would depend on your sending bank, and as such, charges via PESONet may vary per bank. The fee would be deducted from the sender's bank account.
What is the minimum and maximum amount I can cash in via PESONet?
The minimum and maximum amount would depend on the ff:
- Minimum - Banks have set their own minimum amount for each transfer. The exact amount sent from your personal banking account (minus fees) will reflect on your Coins.ph wallet once your PESONet transaction has cleared.
- Maximum - The maximum amount you may transfer to your Coins.ph wallet through PESONet would follow your cash in limits (read more here).
Note: You may initiate multiple PESONet cash ins as long as it is within your Coins.ph cash in limits.
What if I entered an incorrect account number for my PESONet cash in?
Please be informed that all funds transferred via PESONet are considered final. With this, customers must exercise extreme care in providing the recipient information and amount to be transferred. The amount will be credited to the recipient information provided.
Recovery requests will be handled on a best-effort basis and depend on several factors.
For more information on PESONet, you may visit their website.
For real-time updates on this outlet, please check our Status Page.