The Bank of the Philippine Islands (BPI) has teamed up with SingX Singapore Pte. Ltd. to offer Overseas Filipinos in Singapore, Hong Kong, and Australia a faster, more secure, and fully digital way to send money to the Philippines any time of day.
The partnership allows users to transfer funds directly to BPI accounts through SingX’s online platform, which is licensed in Singapore, Hong Kong, and Australia and supports payments to over 180 countries.
BPI executive Joel De Vera said the collaboration reflects the bank’s commitment to making remittances more accessible and affordable for Filipinos abroad, many of whom regularly send financial support to their families.
Sending money through SingX involves creating an account, verifying one’s identity, adding a recipient, checking rates and fees, and completing payment via bank transfer or PayNow. There are no transaction limits, and a minimum fee of S$3.75 applies, except for Pag-IBIG and SSS payments, which are free.
About 800,000 Filipinos live and work across the three markets covered by the service. De Vera said the initiative aims to give them a simpler and more meaningful way to support loved ones back home.
