About PDAX Fees and Penalties

Cash in channels and fees

You may cash-in through various channels. Fees may vary depending on the bank, e-wallet, or payment method you use. Review the table below for the applicable fees.

Cash-In Channel	Fee
InstaPay	Transaction fees depend on your chosen banking or e-wallet app
PESONet	Transaction fees depend on your chosen banking or e-wallet app
GCash (via Online Transaction Cash In Method)	Approx. 2.90%
GrabPay (via Online Transaction Cash In Method)	Approx. 1.70%
Maya (via Online Transaction Cash In Method)	Approx. 3% + PHP 15
UBP Online Bills Payment (via Large Deposit)	PHP 10
Online Bank Transfer	FREE

Cash out channels and fees

Check the available payment channels, processing times, transaction limits, and corresponding fees.

Transfer Channel	Wait time	Maximum Limit	Fee
InstaPay	Real-Time	PHP 50,000.00	PHP 15
PESONet	1 to 3 Banking Days	PHP 10,000,000.00	PHP 10
UnionBank Direct	Real-Time	PHP 10,000,000.00	PHP 15

Other Cash Out Channels (For Select Clients Only)

Manual cash withdrawals are available to PDAX Prime clients. Review the available channels, processing times, cut-off times, and applicable fees below.

Channel	Processing Time	Cut-off	Fees
RTGS	Same / next banking day	1:00 PM	PHP 100
SWIFT	Same / next banking day	2:30 PM	USD 25
PDDTS	Same / next banking day	2:30 PM	USD 8

Crypto and Digital Assets Withdrawal fees

Withdrawing crypto is an essential part of your crypto journey, so we want to ensure that you're getting the best of our services. Because crypto markets and network conditions shift rapidly, crypto withdrawal fees are not fixed and are based on real-time market conditions. Your final fee depends on the asset, the blockchain network you select, and current network traffic (gas fees) at the moment of withdrawal. The appropriate withdrawal fees will appear on your screen or application before you proceed with your crypto-out request.

Crypto and digital asset withdrawal fees may change without prior notice due to network and market conditions. Kindly ensure to review all the terms (including applicable the fees) before you confirm any crypto withdrawal request.

Bonds on PDAX fees

Check the fees that may apply when placing orders for Treasury Bills (T-Bills) and Retail Treasury Bonds (RTBs) on PDAX. The applicable fees may vary depending on the bond type and whether the transaction takes place in the primary or secondary market.

Bonds on PDAX
Fees	Recipient	T-Bills (Primary)	RTBs (Primary)	RTBs (Secondary)
Broker-Dealer Fee	PDAX Securities	0.25%	0	0.50%
Platform Partner Fee	PDAX	0.25%	0	0.25%
Token Maintenance Fee	PDAX	0	0	0
Instruction Delivery Fee	PDAX	0	0	0
Total		0.50%	No Fees	0.75%

PDAX Securities Inc. (formerly bonds.ph Inc.) serves as the broker-dealer for GBonds. Review the table below for the applicable fees.

GBonds
Fees	Recipient	T-Bills (Primary)	RTBs (Primary)	RTBs (Secondary)
Broker-Dealer Fee	PDAX Securities	0.25%	0	0.50%
Platform Partner Fee	GXI (GCash)	0.25% + [0.25% (capped at P5)]	0	0.25% + [0.25% (capped at P5)]
Token Maintenance Fee	PDAX	0	0	0
Instruction Delivery Fee	PDAX	0	0	0
Total		0.50% + [0.25% (capped at P5)]	No Fees	0.75% + [0.25% (capped at P5)]

Penalties

PDAX also may charge you a penalty if you do not follow the PDAX Terms and Conditions or if you fail to comply with the applicable timelines and requirements relating to your Orders and Trades.

Type	Description	Rate
Unclaimed Assets and Funds	Refers to the penalty applied to fiat (e.g., PHP, USD, etc.) or digital assets (e.g., cryptocurrencies, NFTs, etc.) that were sent to a PDAX bank account or wallet address that were not claimed by any user or client. This may happen for a number of reasons: If you sent assets or funds with incomplete or incorrect recipient details to a PDAX bank account or wallet address. If you deposited a supported token into your PDAX account without the appropriate destination tag or you used an unsupported network or an unsupported token. Please note that supported tokens are dependent on your PDAX account level. If you deposited using incorrect transfer details or provided PDAX with wrong transfer instructions. If you deposited assets or funds to a PDAX account that has already been closed or terminated.	3% of the total value of the unclaimed assets and funds or PHP 3,000, whichever is higher; applied monthly on a per transaction basis
Uncollected balances from closed or terminated accounts	Refers to the penalty applied to balances that remain uncollected after a PDAX account has been closed or terminated. Assets and funds that are transferred to an already closed or terminated PDAX account are considered as unclaimed assets and funds (and will be subject to the penalty above).	3% of the uncollected balance or PHP 3,000, whichever is higher; applied monthly on a per account basis
Conversion services accounts	Refers to the penalty applied to unused or unutilized balances in a Conversion Services Account beyond the applicable period.	3% of the unutilized balance or PHP 3,000, whichever is higher; applied monthly on a per account basis

Type

Description

Rate

Unclaimed Assets and Funds

Refers to the penalty applied to fiat (e.g., PHP, USD, etc.) or digital assets (e.g., cryptocurrencies, NFTs, etc.) that were sent to a PDAX bank account or wallet address that were not claimed by any user or client.

This may happen for a number of reasons:

If you sent assets or funds with incomplete or incorrect recipient details to a PDAX bank account or wallet address.
If you deposited a supported token into your PDAX account without the appropriate destination tag or you used an unsupported network or an unsupported token. Please note that supported tokens are dependent on your PDAX account level.
If you deposited using incorrect transfer details or provided PDAX with wrong transfer instructions.
If you deposited assets or funds to a PDAX account that has already been closed or terminated.

3% of the total value of the unclaimed assets and funds or PHP 3,000, whichever is higher; applied monthly on a per transaction basis

Uncollected balances from closed or terminated accounts

Refers to the penalty applied to balances that remain uncollected after a PDAX account has been closed or terminated.

Assets and funds that are transferred to an already closed or terminated PDAX account are considered as unclaimed assets and funds (and will be subject to the penalty above).

3% of the uncollected balance or PHP 3,000, whichever is higher; applied monthly on a per account basis

Conversion services accounts

Refers to the penalty applied to unused or unutilized balances in a Conversion Services Account beyond the applicable period.

3% of the unutilized balance or PHP 3,000, whichever is higher; applied monthly on a per account basis

If the balance is below PHP3,000 at the time the penalty is imposed, the assets will be converted to PHP and applied toward the penalty.

You may review the associated FAQs here:

Post-Trade Settlement Fees and Penalties (For Select Clients Only)

Prime clients who use Post-Trade Settlement (PTS) for Prime OTC trades are required to settle transactions by the agreed settlement time with PDAX on a per-trade basis.

If settlement is not completed on the agreed upon settlement time, applicable post-trade settlement charges and penalties will apply:

Charges	Description	Rate
Fail Charge Penalty	Applies when settlement is not completed within the agreed settlement window.	3% of the nominal trade amount or PHP 3,000, whichever is higher
Replacement Cost		Varies based on market movement

Important:

Any client settlement obligation that remains unsettled beyond its confirmed settlement date is immediately classified as a late settlement.
The Fail Charge Penalty and Replacement Cost may both apply, depending on the outcome of the trade.
Replacement Cost is only charged if PDAX incurs a loss when replacing or unwinding the trade. If no loss is incurred, no Replacement Cost applies.
Additional terms and conditions apply to Post-Trade Settlement services.