BPI, SingX partnership offers Overseas Filipinos seamless way to send money 24/7

The Bank of the Philippine Islands (BPI) has partnered with SingX Singapore Pte. Ltd., a leading digital payment services provider, to give Overseas Filipinos in Singapore, Hong Kong, and Australia a smarter, faster, and more secure way to send money home—instantly, anytime, 24/7.

Through this partnership, clients can transfer funds directly to their beneficiaries’ BPI accounts with ease and convenience—all powered by SingX’s fully digital platform.

“At BPI, we recognize the hard work and dedication of Filipinos abroad in supporting their families. Through our partnership with SingX, we are reaffirming our commitment to making banking and remittance services more accessible, cost-effective, and convenient, helping uplift the lives of our kababayans and their loved ones,” said Joel De Vera, Head of Strategy, Products & Support Group for Institutional Banking, BPI.

Established as a Payment Services Company, SingX is licensed in three major financial centers in Asia—Singapore, Hong Kong, and Australia. The company serves consumers, businesses, and financial institutions, offering a variety of products, including international accounts, multi-currency wallets, collections, and payments to over 180 countries.

“SingX is a strategic partner for BPI because of its innovative technology, global reach, and customer-centric approach,” said De Vera. “Their platform allows Filipinos abroad to send money home seamlessly through a fully digital experience, aligned with BPI’s commitment to digitalization.”

Sending money via SingX is simple:

1. Sign up: Create an account on SingX app or SingX website: www.singx.co
2. Verify your identity: Complete identity verification either via SingPass or by uploading documents manually.
3. Add a recipient: Enter recipient’s bank details.
4. Check rates & fees: Choose your recipient’s country to see the exchange rate and exact transfer fee.
5. Make payment: Select fund source (bank transfer or PayNow) to complete the transfer.

Clients can enjoy no transaction limits when sending money through SingX. A minimum fee of S$3.75 per transaction applies, while payments to Pag-IBIG and SSS are free of charge. Users are required to complete a one-time verification process before making transactions.

As of 2024, there were approximately 800,000 Filipinos residing and working across Singapore, Hong Kong, and Australia, many of whom regularly send financial support to their families in the Philippines.

“Remittances play a vital role in strengthening Filipino families and the national economy. By leveraging partnerships like this, BPI ensures that our Overseas Filipinos have modern solutions that make every transaction simpler, faster, and more meaningful,” said De Vera.

Visit the Remit to the Philippines page for more information about BPI and its remittance services.