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1.00 CAD

Fast and secure

Why choose Sterling Bank of Asia?

Sterling Bank of Asia (SBA) is a prominent Philippine financial institution established in 2007, quickly rising to become a leading thrift bank. Catering to diverse needs, SBA offers a range of customer-centric services. In retail banking, they provide solutions like savings and checking accounts, time deposits, and personal loans to assist individuals in managing finances and achieving financial goals. Meanwhile, their corporate banking division offers services like corporate accounts, cash management, trade finance, and working capital loans to support businesses and corporations with efficient financial tools for growth and development.

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

Jocelyn Mendoza

Sending money to Philippines with RemitBee was a game-changer! They made it so simple and worry-free, I'm impressed!

Jose Reyes

I can't thank RemitBee enough for their amazing service. Sending money to my family in Philippines is now a joy!

Maria Garcia

RemitBee has become my trusted companion for sending money to Philippines. It's like they truly understand my needs!

Easy with Remitbee

How to Send Money to Sterling Bank of Asia

Register for a free Remitbee account

Begin by signing up for a complimentary Remitbee account, granting access to a secure Remitbee Wallet and your personal account.

Provide your personal information

Share essential details like 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 RCBC Savings Bank's name and account number, and choose between fund collection or direct deposit.

Review the exchange rate

Carefully examine the CAD to PHP exchange rate, specify the transfer amount, select your preferred payment method, and confirm the transaction, noting any associated payment method fees.

Track your transaction

After completing all 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 meaningful impact

Sending money online to support your family in the Philippines allows you to make a significant contribution, and our mission is to provide you with a service that is deserving 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: Ensure the recipient's name precisely matches their bank records to prevent transfer delays.
Address: Share the branch address for accurate fund routing 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 – Verify the full name of the individual who will collect the funds.
Phone number – Provide the recipient's contact number for coordination.
Pickup Location – Specify the name of the bank or financial institution where the recipient will collect the funds.

How Remitbee calculates the CAD to PHP exchange rate

Our aim is to minimize fees and regularly update our rates to provide you with the most competitive exchange rates for the Philippine Peso, aligning with Sterling Bank of Asia's forex rates available in the market. While there are nominal charges for bill payments, Interac, or debit card transactions, you also have the choice to utilize the Remitbee Wallet without incurring any fees. We prioritize transparency in all fee-related matters, and you can conveniently review them within the application before smoothly initiating your money transfer to the Philippines.

What are the benefits of sending
directly to Sterling Bank of Asia?

Heightened Security

Enjoy advanced security measures surpassing traditional offline methods.

Rapid Transfers

Speed up the transfer process for swift fund delivery to the recipient.

Effortless Convenience

Initiate transfers effortlessly from the comfort of your home.

Immediate Access:

Gain instant access to your funds once the transfer is successfully completed.

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 Sterling Bank of Asia account using Remitbee?

Absolutely, you can! Remitbee is fully prepared to accommodate your remittance requirements, as long as the transaction originates from within Canada.

How can I pay for my money transfer to Sterling Bank of Asia?

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 rapidly transferred to Sterling Bank of Asia and promptly deposited into the recipient's account, allowing them to monitor the arrival of the funds. Usually, this process is completed within one business day, but in certain instances, it can be as quick as a matter of minutes.

What is the maximum amount I can send to a Sterling Bank of Asia account?

Once your identity has been verified successfully 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 Sterling Bank of Asia 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 Sterling Bank of Asia account from Canada?

Here are the different Verification Levels and their associated 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 enjoy even more substantial sending limits, enabling you to send up to 9,000 CAD daily and up to 50,000 CAD monthly.

We are currently developing Verification Level 4, which will offer even more generous sending limits. It's important to note that the verification process is a one-time requirement, and once verified, you won't need to submit any additional documents.