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1.00 CAD
Fast and secure
Why choose Development Bank?
The mission of the Development Bank of the Philippines (DBP) is to further sustainable economic growth, and it has done so through its emphasis on providing services to agricultural and industrial enterprises. Furthermore, DBP online banking services help to assist individuals with all of their financial needs. At the Asset Country Awards 2020, BDP was presented with the ‘Best Sustainability Bond for a Financial Institution’ award.
Don’t just take our words for it
We have thousands of happy Remitbee users to back it up
Manuel Quezon
Utilizing RemitBee for sending money to the Philippines was a pivotal decision. Their streamlined and stress-free process left a lasting impression, truly impressive!
Ferdinand Marcos
I'm incredibly grateful to RemitBee for their exceptional service. Sending money to my family in the Philippines has become an absolute pleasure!
Manny Pacquiao
RemitBee has become my reliable partner for sending money to the Philippines. Their service perfectly caters to my needs, understanding them exceptionally well!
Easy with Remitbee
How to Send Money to Development Bank
Set up a free Remitbee account
Get your free account by signing up. It’s easy and gives you access to a private Remitbee Wallet and a secure account in our system.
Secure Verification
Have your personal information ready such as your full name, address and occupation then follow the steps to verify your email and phone number.
Select Bank Details & Payment Method
Choose how you want the money to be received. Have the bank name and account name ready, if you’re going to send to a bank account. Otherwise, browse through our list of partner agents for cash pick up and see where’s the most convenient location for your receiver.
Monitor CAD to PHP Rates, Transfer Funds, Confirm Transaction
Time to review the CAD to PHP rate. Once the exchange rate for CAD to PHP is satisfactory, enter the amount you wish to send, select your preferred payment method and confirm your transfer. The conversion rates change daily, but the fees for each payment method are fixed and permanent.
Track Your Transfer Progress with Remitbee App
That’s it, you’re all done. Just track your money on the Remitbee app so you’ll know the progress of your money transfer to DBP Bank in the Philippines.
Safe Money Delivery for Your Loved Ones
Our job is to help provide a service fit for a hero. Anyone who sends money online to the Philippines to support their family deserves the best service for their efforts!
Send to all major banks in Philippines
What information you’ll need to
complete the transfer
Complete name of the Recipient: To prevent delays in your transfer, make sure it’s spelled correctly and exactly how it appears on bank statements- Address: Complete address of the recipient including the city, province, and postal/zip code
- Bank name: Development Bank of the Philippines (DBP) from the options
- Account Number: This ensures it gets to your recipient’s account.
Wire transfer to bank account
- Name – Complete name of the recipient
- Phone number – Phone number of the recipient
- Pickup Location – Choose from our several convenient locations
Cash pickup
How Remitbee calculates the CAD to PHP Exchange Rate
To be able to bring the most competitive PHP exchange rates on the market, we assess rates daily and try to keep our fees as low as possible. A small fee is charged when you choose to use bill, interact, or debit card payment method, but you can also use the Remitbee Wallet without paying fees at any time. Fees are very transparent with Remitbee because you can check and see them in the application before you send money to the Philippines.
What are the benefits of sending
directly to Development Bank?
directly to Development Bank?
Security
100% safe and secure
Speed
It’s faster
Convenience
No need to leave the house to send money
Immediate Access
Easy access for your recipient. They can check the transfer through online banking and withdraw the funds easily.
Check our refer and earn program!
Discover the attractive referral program by RemitBee, presenting fantastic rewards! Earn a generous $20 reward for each successful referral and gift your friends a $10 reward upon their first transaction using your exclusive code. To qualify, your friend only needs to send a minimum of C$200 or exchange at least C$1,000. With abundant referral opportunities, embark on your earning journey with RemitBee today!
Best way to send money from Canada on the go
Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
Frequently Asked Questions
Can I send money to a DBP account using Remitbee?
Yes, you can!
How can I pay for my money transfer to DBP?
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
What delivery methods are available for DBP money transfers to the Philippines?
The transfers typically take between 1 and 2 days, but some transfers happen instantly.
What is the maximum amount I can send to a DBP account?
If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.
How much does Remitbee charge to send money to DBP accounts?
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
- Interac Online - $2.99
- E-transfer - Free
- Bill Payment - Free
- Electronic funds Transfer - Free
- Visa or Mastercard Debit - $2.99+
What is the maximum amount you can transfer to a DBP account from Canada in PHP?
The maximum amount of money you can send in PHP is dependent on the verification level. Here is a breakdown of the levels:
- Verification Level 1 - It will allow you to send only 50 CAD daily or up to 500 CAD monthly.
- Verification Level 2 - It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.
- Verification Level 3 - For users who need to transfer larger amounts of money this is the option for you. It will allow you to send 9,000 CAD daily, and up to 50,000 CAD monthly.
We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, that verification is a one-time process. Once you have been verified, there is no need to provide any other documents.