Defying Bearish Projections, Cash Remittances Only Slid by 0.3 Percent
The World Bank previously estimated that that there would be a 13% decline in local remittances because of the pandemic.
Read more
Remittances
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.
Read more
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.
Read more
Ripple: PH Must Take Steps to Make Remittances More Efficient
Ripple also said that they are working with a local PH bank but declined to identify it by name.
Read more