For many Filipino families, money sent from loved ones abroad is more than financial support—it is a lifeline and a symbol of connection across distances. With about 4.6 million Filipinos living in the United States, the Bank of the Philippine Islands (BPI) is making it easier than ever for Filipinos abroad to send money, and for families back home to receive it quickly and securely, through BPI Remit.
“With BPI Remit, we make sending and receiving money between the US and the Philippines faster, more secure, and more rewarding,” said Joel De Vera, BPI Institutional Banking’s Head of Strategy, Products & Support Group, in a news release.
“As we anticipate our 175th anniversary next year, we remain committed to serving Filipino families and helping them feel closer to their loved ones abroad, no matter the distance,” De Vera added.
For remitters abroad
BPI Remit empowers Filipinos in the US to do more for their families with convenience and peace of mind. Senders can transfer funds directly from a US bank account to a BPI account in the Philippines through the BPI mobile app or online. Each transfer includes a fixed fee of just US$1 for amounts below US$250, and free of charge for transfers above US$250. Current transaction limits are US$700 daily and weekly, and US$1,000 monthly.
Funds are transferred within seconds, and users can easily track their transactions via the BPI app or online. SMS notifications are also sent to confirm when a transfer is initiated and completed, ensuring transparency and security.
To further reach out to the Filipino community in the US, BPI recently sponsored the Sofronio Vasquez concert, winner of season 26 of The Voice. Attendees were introduced to BPI Remit and learned how it could help them support their families back home more conveniently.
For families in the Philippines
Families receiving remittances can instantly access funds through their BPI accounts, check balances via the BPI app or online, and enjoy competitive exchange rates that make the most of every dollar sent. The Bank continues to be a trusted bridge connecting overseas Filipinos and their loved ones in the Philippines.
Working with a strong network of remittance partners, BPI ensures that every transfer is seamless and secure, allowing families to focus on what truly matters: staying connected and building a better future together.
To learn more or start sending with BPI Remit, visit bpi.com.ph/remit/US.