Last reviewed: · Curated by Ohmyfin Organisation editorial.
Hong Kong hosts approximately 200,000 Filipino domestic workers and professionals, making it one of the highest-per-capita remittance corridors globally. HKD payments route via CHATS (Clearing House Automated Transfer System, operated by the HKMA) and SWIFT to a Philippine bank, settling on PhilPaSS. HKD-to-PHP conversion uses USD as an intermediate; some banks offer direct HKD-PHP rates. Hong Kong and Manila are in the same time zone (HKT and PHT are UTC+8), so same-day credits are common for morning Hong Kong transfers. BSP requires FX registration for larger amounts. HKMA applies rigorous AML standards. Track your UETR on Ohmyfin.
Settlement path: CHATS (HKMA) → PhilPaSS (BSP). Currency pair: HKD → PHP.
The three most common causes of delay on this corridor are: (1) BSP inward FX registration for amounts above USD 10,000 equivalent, (2) HKD-to-PHP FX conversion via USD intermediate step, and (3) Philippine banking hours (08:00–15:00 PHT) close slightly ahead of Hong Kong (HKT).
If the payment has not arrived within 2 business days, ask your sending bank to file an MT199 payment enquiry citing the UETR and the holding bank's BIC shown on the Ohmyfin GPI tracker.
Most SWIFT transfers on the Hong Kong–Philippines corridor credit the beneficiary within 8 hours. In 95% of cases the payment arrives within 2 business days. The most common delay is bsp inward fx registration for amounts above usd 10,000 equivalent.
The three most common delay causes are: BSP inward FX registration for amounts above USD 10,000 equivalent; HKD-to-PHP FX conversion via USD intermediate step; Philippine banking hours (08:00–15:00 PHT) close slightly ahead of Hong Kong (HKT).
Track the UETR on Ohmyfin — the GPI status shows exactly which bank is holding the payment. If delayed beyond 2 business days, ask your sending bank to file an MT199 payment enquiry citing the UETR and the holding bank's BIC.
The dominant settlement path is CHATS (HKMA) → PhilPaSS (BSP). The currency pair is HKD → PHP.
No card needed. Free for ordinary users — completely free for individuals — no daily limit, no card required. Track any international wire across 11,000+ banks.
Track a payment now — completely free Or try the tracker now →