It's completely free to manage and keep your funds in your NextPay account - no setup fees, no minimum balance requirements, and no hidden fees. If you'd like to withdraw your funds, you can add your personal bank account or e-Wallet to your Employee Directory. If you need help adding yourself as an employee, check out this article.
Please note that there is a small fee for each disbursement. We charge PHP 5 for every PHP 50,000 sent to a single recipient at any bank or e-wallet in the Philippines. For example, if you send PHP 60,000, the fee would be PHP 10 for that recipient.
Transfers are usually instant, depending on the recipient's account type. There are no minimum or maximum limits for recipients or amounts. If a transfer doesn't go through, you'll get the full amount and fees back.