BSP Data: Personal Remittances Up by 4.4 Percent in August 2022
BSP data revealed that personal remittances from OFWs increased by about ₱8 billion in the same last year.
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Personal Remittances Reach $2.9 Billion in January 2020
The Bangko Sentral ng Pilipinas (BSP) reveals that personal remittances from overseas Filipinos (OFs) grew by 7.3% year-on-year in January 2020.
BSP: Personal Remittance Record $33 Billion in 2019, A Record High
The Bangko Sentral ng Pilipinas (BSP) announces that personal remittances from Overseas Filipinos have reached a record high of US$33 billion in 2019.
BSP: Personal Remittances Reach $30 Billion in the First Eleven Months of 2019
It appears that long-term OFWs have immensely helped in supporting the growth of personal remittances in the country, as the records show that money influx from land-based OFWs with one year or more work contracts grew by 3.6% to $23.1 billion.
Personal Remittances Reaches $24.6 Billion for First 9 Months of 2019
For the first 9 months, the recorded inflow is $22.2 billion for cash remittances versus US$21.3 billion within the same period last year.
BSP: Personal Remittances Reach US$22 Billion in the First Eight Months of 2019
The regulator further said that cash remittances coursed through banks have also increased.
OFW Remittances Reach $17B as of June 2023
Remittances from Overseas Filipinos gained a total of $17.59 billion for the first six months of 2023, the BSP reported.
Pouch.ph’s Bitcoin Remittance Service Can Now Be Used by OFWs in Canada, Vietnam Through Neutronpay
Pouch.ph and Neutronpay collaborate to address the challenge of expensive fees in remittance services for OFWs in Canada and Vietnam.
Remittances from Filipinos Abroad Lowest Since June, BSP Data Shows
Personal and cash remittances from Filipinos working and living abroad have declined to its lowest level since June 2022, the BSP reported.
OFW Remittance Growth Slows in February
Personal remittances stood at $2.793 billion, a 1.2% higher from $2.759 billion last year, but still lower than January’s $2.966 billion.