7SPIN Bank Transfer — Limits, Fees & Settlement

What comes next covers Bank Transfer as a payment method — who operates it, its licensing, and what it publishes on limits and fees.

Bank Transfer at a glance

Field	Value
Operated by	Philippine Payments Management, Inc., overseen by the BSP, operates both clearing houses, leaving transfer execution to individual BSP-supervised banks and e-money issuers
Regulated by	Bangko Sentral ng Pilipinas
Wallet limit	Not applicable to this rail
Per-transaction cap	PHP 50,000 is the per-transaction limit whenever InstaPay handles the transfer. The sending institution may impose its own limit, since PESONet itself sets no scheme-wide cap
Settlement	same banking day settlement comes via PESONet if the cut-off is beaten, or real-time settlement around the clock comes via InstaPay. PESONet takes over for transfers above InstaPay’s PHP 50,000 ceiling, with the amount usually deciding which rail applies
Published fees	Whichever rail carries the transaction, the sending institution may charge a fee that varies by bank. The receiving side pays nothing on either rail and takes home the full amount.

The numbers on this page date to 2026-09 and reflect that moment only. No notice accompanies changes payment providers make to limits and fees, so the provider’s own page is the only place with current numbers.

How fast money actually moves

Bank Transfer settles same banking day settlement comes via PESONet if the cut-off is beaten, or real-time settlement around the clock comes via InstaPay. PESONet takes over for transfers above InstaPay’s PHP 50,000 ceiling, with the amount usually deciding which rail applies. This concerns the rail, not the casino: withdrawals can wait in an operator’s own review before Bank Transfer receives them, and that review is generally what causes the delay.

A per-transaction cap of PHP 50,000 is the per-transaction limit whenever InstaPay handles the transfer. The sending institution may impose its own limit, since PESONet itself sets no scheme-wide cap applies, which is why a larger transfer sometimes has to be split.

Paying with Bank Transfer at 7SPIN

1. Sign in at 7SPIN and open the cashier.
2. Your cashier lists several payment methods for your account — Bank Transfer is the one to choose.
3. Make sure the name on your 7SPIN account matches the name on your Bank Transfer account.
4. Pull up the cashier screen, note the minimum, maximum and any fee, and confirm the amount after.

Check the cashier screen ahead of a first deposit with any new method — the live limits for your account are shown there.