How to remit
After you activate your PayForex account, you can send remittance request through customer page “myPay”. 3 steps for speed remittance without exchange operation.
※If you are remitting other currencies to Philippines other than PHP, please follow “Transaction process” as standard remittance.
Firstly, deposit into PayForex account. If you use for “Speed Deposit
“, you can deposit after you confirm the transfer currency and amount on “STEP3: Remittance instruction”. Please select the deposit methods based on your needs.
STEP2: Register a beneficiary bank account
Register beneficiary information through [myPay]-[Beneficiary]- [Philippines]. Whichever receiving method you choose, “Beneficiary’s birth date” is necessary.
STEP3: Remittance instruction
Send remittance request via [Remittance]-[Philippines]. Input either JPY amount or PHP amount. It will automatically exchange so there is no need to do exchange in advance. Moreover, if you haven’t deposited or there is not enough on your balance, you could always use “Speed Deposit