Send money from Canada to a Metrobank account in the Phillipines

Metropolitan Bank, Philippines

Metropolitan Bank & Trust Company has been operating as a premier universal bank in the Philippines for over 50 years. Metrobank has over 960 branches domestically, and over 2,300 ATMs across the country. It offers many services in investment banking, thrift banking, leasing and financing, bancassurance, and credit cards to a variety of customers and corporations. Metrobank won the ‘Corporate Governance Award’ in 2020 from the Institute of Corporate Directors.

Our transfer fee

From 0.00 CAD

Estimated delivery

N/A*

How to Send Money to the Philippines with Metrobank

Sending money to Metrobank bank accounts in the Philippines is easy with Remitbee. It just takes six easy steps.

  • Sign up for a free Remitbee account. It will give you access to a private Remitbee Wallet and a secured account in our system.
  • Information about yourself, including your full name, address and occupation will then be asked from you including a verification process of your email and phone number.
  • Determine where you want to send your money. Bank name and account number is required when you choose to send to a bank account. Otherwise, you can also choose the cash pick-up option.
  • Check the CAD to PHP rate then enter the amount you would like to send. Select the most convenient payment method for you and then confirm your transfer. Fees for each payment method are fixed and permanent. However, conversation rates change daily.
  • Once the exchange rate for CAD to PHP is satisfactory, enter the amount you want to send, select your payment method and confirm your transfer. The conversion rates change daily, but the fees for each payment method are fixed and permanent.
  • Time to relax! You’ve done your part and we’ll do ours. Track your transfer through the Remitbee app and watch as it arrives in the Philippines.
  • All your hard work must not go to waste. Our goal is to deliver your money, safe and sound because your family deserves only the best.

What are the benefits of sending directly to Metrobank?

There are many benefits to sending directly to Metrobank with Remitbee. Here’s a quick overview:

  • Secure transactions
  • Fast
  • Conveniently send money in your own home
  • Easy access to the money once the transfer is completed

What information you’ll need to complete the transfer

Here is the information that you’ll need to complete the transfer through Remitbee. There are two separate delivery methods that have different requirements:

Wire transfer to a bank account

  • Recipient’s name – To avoid delays during the transfer, make sure the name is correct and complete.
  • Address – Home address is required including the city, province, and postal/zip code
  • Bank name – Make sure to put down Metrobank as your bank
  • Account Number – This ensures it gets to your recipient’s account.

Cash Pickup

  • Name – Again, make sure you have the full name of the person that will be picking up the money.
  • Phone number – Enter the number of the recipient. - Pickup Location – We need the name of the bank or other financial institution where the recipient will be picking up the money.

How Remitbee calculates the CAD to PHP Exchange Rate

Rates are assessed daily to bring you the most competitive PHP exchange rates on the market. We try to keep our fees as low as possible so there are only small fees when you choose to use bill, interact, or debit card payment methods. However, when you use the Remitbee Wallet option you don’t have to pay any fees at all. There are no hidden charges and you can see them in the application before you send money to the Philippines.

Which other banks in the Philippines can you send money to?

There are various bank options available. With Remitbee, your money is sent directly from your account with us to the bank account in the Philippines without passing through middlemen. Here are a few of the other branches you can use to send money from Canada to the Philippines with our service.

How international money transfers work

International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to PHP, and the money is moved between accounts.

Frequently Asked Questions

Yes, you can!

You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.

The transfers typically take between 1 and 2 days, but some transfers happen instantly.

With a verified account on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.

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+

The maximum amount of money you can send in PHP is dependent on the verification level. Here is a breakdown of the levels:

  • Level 1 of verification allows you to send only 50 CAD daily or up to 500 CAD monthly.
  • Level 2 of verification will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.
  • Level 3 of verification is for users who need to transfer larger amounts of money because it allows 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.

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