Resumption of the Collection of Settlement Fees and Other Charges for the Use of the Peso Real Time Gross Settlement (RTGS) System

CORRECTED COPY E}ANcKo Senrnau No Ptl.telNAs THE PESO REAL.TIME GROSS SETTI,.EMENT MANAGEMENT COMMITTEE MEMORANDUM NO. M-2O23-a To All Peso Real Time Gross Settlement Payment system Participants Subject Resumption of the Collection of Settlement Fees and Other Charges for the Use of the Peso Real Time Gross Settlement (RTGS) System pursuant to Section 6]9 of the Peso RTGS Rules, particularly on Settlement F€€ls and Other Charges, the Bangko Sentral ng Pilipinas (BSP) shall resume the collection of FITGS fees and charges in accordance with the following guidelines: l. The amounts to be collected shall be based on the pricing structure shown in Annex A. ?. The RTGS fees and charges shall be debited from the main settlement accounts of the participants at the end of each business day' 3. The settlement fees and related charges shall be reflected in the end-of-day (EOD) camt.O53 Statement Message. All other charges, such as those pertaining to the smart card kits issued to the participants. shall be shown in the statements of account that are electronically sent to the participants prior to the start of each business daY. 4. A beneficiary participant may return a payment for free using the Payment Return message (pacs.OO4) until the end of the following business day (T + l). Payments returned beyond T + I shall be done through the Customer Payment Message (pacs.Oo8) or the Fl to Fl Payment Message (pacs.Oo9), as applicable. These payment messages are subject to fees. 5. The participants can generate their billing statements through TMS/x by clicking the Reports Menu and choosing the Central System Reports option. 6. The participants shall check promptly the accurary of their billing statements. Any exception noted by the participants shall be submitted to the BSP via email at [email protected] not later than T+1. The "Subject" of the email message shall be in the following format PhilPaSPb Billing - Noted Exceptions - Fl Name. The guidelines stated above shall take effuct on I February 2O?3' frffi ,/: Digiblly signed b, ) i4rq,[email protected] -raE:[email protected] l;J&13 +OSF /{{IARYANNE P. LIM Chairperson 31 :anuaryzoz3 Class;fication: GEN ERAL

Annex A Pricing Structure for Real Time Gross Settlements and Related Charges lmplementation Date : I February 2025 ASetdernentFccs ,i== l-=i i,'lt=,',r' l.,..,, 'iiiii5;$;s Particulars Transaction Value (fV) Fee perTransaction '1. Interbank Funds Transfers a. Customer Debit Participant Payment Message 1 (pacs.OO8) b. Flto Fl Payment Debit Participant Message (pacs.OO9) 'lo,ool.oo - PhP 5.OO 2. Transactions of Financial Market 500,ooo.99 Infrastructu res (FM ls) / Clearing Switch Operators (CSOs) 500,ool.oo - PhP'to.oo a. Peso-Leg of Debit Participant 't,ooo,ooo.99 USD/PHP Trades (Payment vs. Payment) I,OOO,OO].OO - Ad Valorem Fee (TV x 39,999,999.99 o.ooool) b. Government Debit Participant (Rounded offto the nearest Security centavo) Transactions (Delivery vs. Payment)except those listed under ltem C.5 40.OOO,OOO.OO and PhP 400.oo c. Corporate Debit Participant above Security Transactions (E-Delivery vs. Pavment) d. Check Clearing Debit and Credit Transactions (Net Participants (DDA) Results) e. ATM Network Debit Participant Transactions t Instapay Debit and Credit Transactions (Net Participants (DDA) Flesu lts) 9. PESONet Debit and Credit Transactions (Net Participants (DDA) Flesults) B. fflement-related Fee l. Manual Processing of Interbank Settlements PI,OOO.OO + Ad Valorem Fee (W x O.OOOOI) OR PS.OOO,OO-, whlchever is LOWER 2. Reversal of settlement which was erroneously P],OOO.OO + Ad Valorem Fee (TV x O.OOOOI ) sent to a participating BSP Department OR Page 2 of3

Annex A PS.OOO.OO. whichever is LOWER 3. Cash Withdrawals transmitted beyond P],OOO.OO + Ad Valorem Fee (TV x O.OOOOI) prescribed cut-off OR PS.OOO.OO, whichever is LOWER G Fee-exempt Settlements L Settlements with value of PlO,OOO.99 and below I ntra-accou nt fu nds tra nsfers a. Own account transfers b. Secured Settlement Accounts Defunding and Top-up 3. Settlements initiated by the Bureau of the Treasury (BTr) and BSP Departments/Units (e.9. Financial Markets, Provident Fund Office, etc.) Settlements i nvolving BSP Departments, Regional Offices, and Branches as a counterparty, such as: a. Annual Supervisory Fees b. Open Market Operations - Placements, Maturities. and Penalties c. Settlements through the Integrated Cash Management System (ICMS ) d. Credit transfers to the BSP-Provident Fund Office accounts e. Cash Withdrawals within cut off f. Credit transfers to the BSP-Department of Loans and Credit accounts 5. Settlements from the National Registry of Scripless Securities (NRoSS ) a. NRoSS Monthly Billing b. Redemption D.OtherChargas Smart Card Kit (valid for 3 years) PhP l,8OO.OO per kit Page 5 of5