For millions sending money from Singapore to the Philippines, high fees and opaque exchange rates have long eroded the value of hard-earned funds. Panda Remit’s SGD to PHP service disrupts this status quo, offering low costs, fast delivery, and user-friendly tools tailored for overseas Filipino workers and families .

The Cost of Traditional SGD to PHP Transfers

Traditional banks and agents often charge SGD 10–20 per transaction with hidden exchange rate markups, reducing the amount received by up to 6% . For example, sending SGD 1,000 via a bank might net the recipient PHP 42,000 instead of the market rate of PHP 44,483 , a loss of over PHP 2,400.

Panda Remit’s Solution: Transparency and Savings

Panda Remit eliminates these inefficiencies with:

• Near-Mid-Market Rates: Offering 1 SGD = 44.48 PHP (as of 2025), Panda Remit’s rates are 1–2% better than banks, ensuring more PHP reaches your loved ones .

• Low, Flat Fees: After the first free transfer, fees start at SGD 15, a fraction of traditional services .

• Instant Wallet Top-Ups: Recipients can access funds directly via GCash or PayMaya, bypassing bank delays .

Speed and Convenience at Your Fingertips

The Panda Remit app simplifies transfers in three steps:

1. Register and Verify: Create an account in 5 minutes with ID and facial recognition.

2. Enter Details: Select SGD to PHP, input the amount, and recipient’s GCash ID or bank info.

3. Track in Real Time: Funds arrive in minutes for wallets or 1–2 hours for bank deposits .

Security You Can Rely On

Backed by licenses from Singapore’s MAS and the Philippines’ BSP, Panda Remit uses PCI DSS Level 1 encryption and 24/7 fraud monitoring. Every transaction is traceable, ensuring compliance with anti-money laundering regulations .

User Testimonials

“Panda Remit saved me SGD 150 last year!” says Maria, a domestic worker in Singapore. “The app is easy, and my family gets the money in 10 minutes—no more waiting for bank queues.”

Why Wait? Start Saving Today

Whether supporting family, paying bills, or funding education, Panda Remit’s SGD to PHP service ensures your money works harder. Join millions of users and enjoy your first transfer free—because your hard-earned funds deserve to go further .