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1.00 CAD

Fast and secure

Why choose Philippine Savings Bank?

The Philippine Savings Bank (PSBank) is a well-established thrift bank in the Philippines, founded in 1960, and has become a leading player in the country's banking sector. PSBank primarily focuses on providing comprehensive retail banking services to individual customers, offering a wide range of products and services that include savings and checking accounts, time deposits, personal loans, auto loans, and home loans. Their mission is to offer accessible and convenient banking solutions to help individuals and families save, manage their finances, and achieve their personal financial goals. PSBank has earned a strong reputation for its commitment to customer service and its role in promoting financial well-being among its clientele.

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

Enrique

Remitbee has transformed how I send money to my family in Philippines. The user-friendly service and excellent support make it a top-notch experience. Highly satisfied!

Angelica

Remitbee is my trusted choice for effortless money transfers to the Philippines. Highly recommended for its reliability and seamless process!

Jasmine

Sent funds to the Philippines on Monday through Remitbee, and my mother received them in 5 minutes. Faster, lower fees, superior conversion rates. Opt for Remitbee over banks for hassle-free money transfers!

Easy with Remitbee

How to Send Money to Philippine Savings bank

Register for a Free Remitbee Account

Start by signing up for a complimentary Remitbee account, which provides access to a secure Remitbee Wallet and your personal account.

Provide Your Personal Information

Share essential details such as your full name, address, occupation, and complete email and phone number verification.

Enter Recipient's Banking Information

Input the recipient's bank details, including the PSBank's name and account number, and choose between fund collection or direct deposit.

Review the Exchange Rate

Carefully assess the CAD to PHP exchange rate, specify the transfer amount, select your preferred payment method, and confirm the transaction. Please note that payment method fees remain consistent.

Track Your Transaction

Once you've completed all the necessary steps, Remitbee will initiate the transfer, and you can monitor its progress through the Remitbee app as it travels to the Philippines.

Make a Positive Impact

Sending money online to support your family in the Philippines enables you to make a meaningful contribution. Our mission is to provide you with a service worthy of recognition.

Send to all major banks in Philippines

What information you’ll need to
complete the transfer

Wire transfer to bank account

Recipient's name: Please ensure that the recipient's name exactly matches their bank records to prevent any transfer delays.
Address: Share the branch address to ensure precise routing of funds to the recipient's city.
Bank name: Specify the name of the Philippine bank where you intend to send the money.
Account Number: Include the recipient's account number for a seamless transfer to their account.

Cash pickup

Name – Kindly confirm that you have the full name of the individual who will be collecting the funds.
Phone number – Provide the recipient's contact number for coordination.
Pickup Location – Specify the name of the bank or other financial institution where the recipient will collect the funds.

How Remitbee calculates the CAD to PHP exchange rate

Our goal is to minimize fees and consistently revise our rates to offer you the most competitive exchange rates for the Philippine Peso and Philippine Business Bank forex rates in the market. While nominal charges apply to bill payments, Interac, or debit card transactions, you also have the option of using the Remitbee Wallet without incurring any fees. We emphasize transparency in all fee-related matters, and you can readily review them within the application before effortlessly initiating your money transfer to the Philippines.

What are the benefits of sending
directly to Philippine Savings Bank?

Enhanced Security

Benefit from heightened security measures that surpass those of traditional offline methods.

Swift Transfers

Expedite the transfer process, ensuring the prompt delivery of your funds to the intended recipient.

Convenient Operation

Effortlessly initiate the transfer from the comfort of your own home.

Instant Access

Gain immediate access to your funds as soon as the transfer is successfully executed.

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 Philippine Savings Bank account using Remitbee?

Certainly, you can! Remitbee is fully equipped to meet your remittance needs, as long as the transaction originates from within Canada.

How can I pay for my money transfer to Philippine Savings Bank?

You have the option to make your payment using Interac e-Transfer, Interac Online, bill payment, electronic funds transfer, or Visa or Mastercard Debit

What delivery methods are available for the money transfers to the Philippines?

The funds will be swiftly transferred to Philippine Savings Bank and promptly deposited into the recipient's account, enabling them to track the arrival of the funds. Typically, this procedure is finalized within one business day, but in some cases, it can be as quick as a matter of minutes.

What is the maximum amount I can send to a Philippine Savings Bank account?

Once your identity has been successfully verified on our platform, you can start sending transfers of up to 1,000 CAD per day, with a monthly transaction limit of 50,000 CAD.

How much does Remitbee charge to send money to Philippine Savings bank 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 Philippine Savings Bank account from Canada?

Here are the different Verification Levels and their corresponding sending limits:

Verification Level 1: At this level, you can send a maximum of 1,000 CAD per day and up to 3,000 CAD per month.
Verification Level 2 (Recommended): Upgrading to this level provides access to higher limits, allowing for daily transfers of up to 3,000 CAD and monthly transfers of up to 25,000 CAD.
Verification Level 3 (For Extensive Needs): With Verification Level 3, you can attain even more substantial sending limits, enabling you to send up to 9,000 CAD daily and up to 50,000 CAD monthly.

Please stay tuned for Verification Level 4, which is currently in development and will offer even more generous sending limits. It's important to note that the verification process is a one-time requirement, and once verified, there's no need to submit any additional documents.