Thanks JC54. The reason I only transferred 1000 peso was to test if the system online worked between here and Phils. I got an answer from Bank of Philipinnes today.

We write in relation to your remittance concern. Based on our record, your
remittance was coursed through an intermediary bank, HSBC. The concerned
unit coordinated with HSBC regarding the remittance charges applied to
your transaction. According to HSBC, they deducted a total charge of PhP
700.00 (PhP450 cable charge, PhP100 service, PhP150 local remittance
charge) from the funds they received from the sending bank, Bank of
Ireland. The net amount (original remittance amount less remittance
charges) was then transferred to BPI.


So from an amount of 1000 peso leaving Ireland I ended up with 300 peso in my BPI account and HSBC creamed off 700peso. I have gone back to BPI to see if this is a standard charge or is it a percentage charge. In other words had I transferred 100,000 peso would I have ebded up with 30,000?