Payment vs. Remittance: Key Differences and How BCRemit Simplifies Your Transactions
When it comes to transferring money, two terms often come up: payments and remittances. While they may seem similar, they serve different purposes. Payments typically involve transferring funds in exchange for goods or services while remittances, on the other hand, refer specifically to money sent by individuals working abroad to support family or friends in…
Read More
How BCRemit Makes Money Transfer Tracking Easy
Money transfer does not end with just clicking send. Knowing that it safely reaches your loved ones is just as important. With BCRemit, tracking your transfer is simple and stress-free. We provide you peace of mind by keeping you informed, from the moment you hit send to the time it is received. For Overseas Filipinos,…
Read More
BCRemits Security Features: How We Protect Hard-Earned Money of OFWs
For Overseas Filipino Workers (OFWs), sending money home is a crucial way to support their families and loved ones in the Philippines, especially during challenging times. To avoid headaches, security is always a top priority when it comes to sending your money or income across borders. Ensuring the security of these transactions is essential to…
Read More
Why BCRemit is an Excellent Choice for Sending Money to the Philippines
The Philippines has a significant population of Overseas Filipino Workers (OFWs), with the Philippine Statistics Authority reporting 2.16 million OFWs from April to September 2023—a notable 9.8 percent increase from the previous year. This growing workforce abroad has contributed to the Philippines being one of the top five global recipients of remittances, with US$38 billion…
Read More