how to transfer money from singapore to philippines
熊猫速汇PandaRemit - 2025-12-31 18:00:03.0 4
The most efficient way to transfer money from Singapore to the Philippines is via specialized digital remittance platforms. With Panda Remit, funds can arrive in as little as 2 minutes, ensuring 24/7 real-time processing. You also enjoy competitive exchange rates significantly better than traditional banks with zero hidden fees, maximizing the PHP amount your recipient gets.
Comparison: Best Ways to Send Money to the Philippines
When choosing how to transfer money from Singapore to the Philippines, it is crucial to compare speed, exchange rates, and regulatory safety. Below is a comparison of top providers in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As little as 2 minutes | 1-2 Days (varies) | Same Day (Cut-off times apply) | Instant |
| Exchange Rates | Highly Competitive (Market-leading) | Mid-Market Rate | Bank Rate (Often lower) | Standard Rate |
| Fees | Zero fees for new users | Variable percentage fee | $0 (but priced into rate) | Transaction fees apply |
| Regulation | MAS Licensed (PS20200501) | MAS Licensed | MAS Licensed | MAS Licensed |
3 Steps to Transfer Money from Singapore to Philippines
Sending money should be seamless. Follow this 1-2-3 guide to complete your remittance using Panda Remit:
- Create Your Account & Verify: Download the app or visit the website. Register using your phone number and verify your identity quickly using Singpass for instant approval.
- Enter Amount & Recipient Details: Input the amount of SGD you wish to send. Select your payout method in the Philippines—Panda Remit supports direct transfers to GCash, BDO, BPI, Metrobank, and cash pickup centers like Cebuana Lhuillier.
- Pay via PayNow: Complete the transaction using PayNow in Singapore for a seamless payment experience. Once funded, your money is processed immediately, often arriving in minutes.
Is it Safe to Transfer Money Online?
Security is the top priority for cross-border transactions. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We implement bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent and highly secure.
Explore More on Singapore Remittance
- What is the best exchange rate Singapore to Philippines today?
Rates fluctuate daily. To lock in the best possible rate, check real-time data on digital platforms rather than relying on static bank board rates. - Which app has the lowest fee for remittance to Philippines?
While many apps charge service fees, Panda Remit offers zero-fee transfers for new users. Register here to claim your offer and start saving on remittance costs.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
