MEGAPERYA Over-the-Counter Cash Agents — Limits, Fees & Settlement
Over-the-Counter Cash Agents is a Philippine payment rail — regulation: Bangko Sentral ng Pilipinas under its money service business rules, and the Anti-Money Laundering Act.
- Operator
- In place of one operator, individually BSP-accredited and independently owned agent networks take on this role
- Regulator
- Bangko Sentral ng Pilipinas under its money service business rules, and the Anti-Money Laundering Act
- Settlement
- at the counter, cash is exchanged immediately and face-to-face, whereas crediting a linked wallet ranges from minutes to a full day depending on the receiving institution
- Figures as of
- 2026-09
Wallet limit: not published.
Per-transaction cap: not published.
This page covers Over-the-Counter Cash Agents as a Philippine payment rail in its own right — the limits, settlement behaviour and published fees — not any particular casino’s cashier.
Need-to-know basics: Over-the-Counter Cash Agents
| Field | Value |
|---|---|
| Operated by | In place of one operator, individually BSP-accredited and independently owned agent networks take on this role — Cebuana Lhuillier, Philippine Seven Corporation’s CliQQ counters in 7-Eleven, Palawan Pawnshop and M Lhuillier among them — each signing separate contracts with wallets and billers |
| Regulated by | Bangko Sentral ng Pilipinas |
| Wallet limit | Not applicable to this rail |
| Per-transaction cap | Not applicable to this rail |
| Settlement | at the counter, cash is exchanged immediately and face-to-face, whereas crediting a linked wallet ranges from minutes to a full day depending on the receiving institution |
| Published fees | Not published |
Since there’s no unified rail, a rail-wide fee can’t exist; instead, each agent network and each receiving wallet set their own rate independently. Attributing the free-up-to-PHP-8,000-then-2-per-cent OTC schedule to Cebuana Lhuillier, M Lhuillier or Palawan would be inaccurate, since it’s a GCash charge and none of them publishes anything like it for consumers
What’s shown here reflects a single moment — 2026-09 — not something tracked live. Limits and fees can shift at any payment provider with zero warning, so its own page remains the only place with current numbers.
Verification tiers
None are listed, since no published verification tiers for Over-the-Counter Cash Agents could be tracked down. Skipping identity verification is usually behind a lower-than-expected limit, since regulated Philippine e-money accounts continue to treat it as standard, regardless.
No tier system meant for consumers runs across any of these networks. Regulatory rules supply the one cross-cutting threshold: the Anti-Money Laundering Act flags any cash transaction above PHP 500,000 as a covered transaction with a mandatory report, and as of BSP Circular No. 1230 in February 2026 the enhanced due diligence trigger for cash withdrawals climbed from PHP 500,000 to PHP 1,000,000 Institutions carry these reporting duties, not customers, and the scope runs across BSP-supervised institutions generally rather than zeroing in on cash agents.
Paying with Over-the-Counter Cash Agents at MEGAPERYA
- Log into your MEGAPERYA account, then head to the cashier.
- Your cashier will list Over-the-Counter Cash Agents as one of your account’s payment options; select it when it comes up.
- Make sure the name on your MEGAPERYA account matches the name on your Over-the-Counter Cash Agents account.
- Take a moment to check the cashier screen’s minimum, maximum and any fee — confirm the amount once that’s done.
Your account’s current limits live on the cashier screen — give it a look ahead of trying any payment method for the first time.
Other payment rails explained here
- GCashIt answers to Bangko Sentral ng Pilipinas, the regulator that licenses it as an Electronic Money Issuer
- MayaBangko Sentral ng Pilipinas, carrying both an Electronic Money Issuer designation and Operator of Payment System registration
- GrabPayAn Electronic Money Issuer designation from Bangko Sentral ng Pilipinas has been in place since 2018
- InstaPayBangko Sentral ng Pilipinas covers this through its National Retail Payment System framework
- PESONetBangko Sentral ng Pilipinas oversees this under the National Retail Payment System framework
FAQ
Are there any costs tied to choosing Over-the-Counter Cash Agents?
There's no quotable fee schedule published by Over-the-Counter Cash Agents, so its own page is where to check.
Who regulates Over-the-Counter Cash Agents?
Over-the-Counter Cash Agents — regulation: Bangko Sentral ng Pilipinas under its money service business rules, and the Anti-Money Laundering Act. That covers the rail, not the casino.
How do I pay with Over-the-Counter Cash Agents at MEGAPERYA?
After signing in, open the cashier and choose Over-the-Counter Cash Agents among the methods listed for your account. Before hitting confirm, verify both accounts carry a matching name and glance at whatever limits the cashier lists.
Just how much money can an Over-the-Counter Cash Agents wallet hold?
No wallet ceiling appears here, since Over-the-Counter Cash Agents keeps none on public record.