Pinoy in Singapore

One Pinoy’s journey to adapting to life in the Lion City and make it a home away from home…

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Remitting Money to the Philippines from Singapore

May 22nd, 2007 · 2 Comments


You can find a lot of remittance centres for Filipinos at the third floor of Lucky Plaza in Orchard Road. 

Personally, I’ve tried iRemit to deposit cash in my BPI savings account.  I remitted the money on a Saturday and it was reflected on my account on Sunday.  It works even on weekends!  How convenient!

The rates are not bad either.  I expected it might be cheaper to have my money changed in the Philippines since I was going home for a week anyways.  But I found out the rates were actually cheaper in Lucky Plaza.  (S$1 = P30.3 in Manila black market vs S$1 = P30.42 at iRemit)  The difference is negligible if you’re just changing a few hundred dollars but it could be significant when you’re changing thousands.  Plus you get value-added convenience. 

Tags: Money

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2 responses so far ↓

  • 1 iRemit meets the OFWs remittance needs, and then some | eOFW // Jun 25, 2008 at 11:52 pm

    [...] Pinoy in Singapore: Remitting Money to the Philippines from Singapore [...]

  • 2 A-PRO Caregivers // Nov 21, 2008 at 4:52 am

    Hi!

    Just wanted to post here that – we’ve recently partnered up with iRemit Canada (Vancouver) — to add to the services that we offer to the many nannies/caregivers and their friends that come to our office.

    Noticing that your blog is in Singapore, I wanted to touch base with your readers – should anyone of you happen to relocate to Vancouver — we are available as another option for your remittance needs.

    A-PRO Caregivers & Nannies
    2510 Watson St.
    Vancouver BC, Canada
    Tel: 778-319-2776

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