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Transfer
Creating USDT to PHP Transfers
This guide walks through the process of creating transfers from USDT to PHP using our Transfer API. The process involves two steps: requesting a quote and executing the transfer.
Prerequisites
Ensure you have:
- A valid API key from us
- Your API key set as an environment variable:
Quick Start
Step-by-Step Guide
1. Request a Quote
First, fetch a quote to get current exchange rates and a quote_id
:
Required Parameters:
base_asset
: USDTcounter_asset
: PHPtype
: SELL (when converting from USDT to PHP)
2. Execute the Transfer
Once you have a quote, execute the transfer by submitting the beneficiary information in ISO20022 format:
Required Fields:
transfer_ref
: Your unique reference for this transferquote_id
: ID from the quote responsevalue
: Transfer amount in USDTinfo
: Beneficiary details in ISO20022 format
Important Notes
- Quotes expire after 5 minutes
- Amount must be within the
min_amount
andmax_amount
specified in the quote - Beneficiary bank information must be valid Philippine bank details
- All amounts should be string-formatted with 2 decimal places