Chinabank forged a partnership with payment services company SingX Pte. Ltd. to provide Filipinos in Singapore, Hong Kong, and Australia a fast, convenient, affordable, and secure alternative for sending money to the Philippines.
The partnership is in line with Chinabank’s commitment to bridge the distance for Filipinos abroad and serve their needs though remittance tie-ups to facilitate borderless digital transactions.
SingX is changing the way cross border payments are made. With its state-of-the-art technology platform and payment coverage that includes over 180 countries, SingX guarantees a seamless and secure transaction experience.
“We are delighted to collaborate with SingX for online and real-time remittance,” said Chinabank Remittance Business Division Head Marlon Hernandez. “We are continuously expanding our remittance network so overseas Filipinos can easily and safely send their hard-earned money to their loved ones back home.”
Through the mobile and web platforms of SingX, money can easily be sent directly to Chinabank accounts or any Philippine bank accounts or e-wallets. Remittances up to P50,000 are credited in real-time, while those above P50,000 are credited on the next banking day.
Beneficiaries can conveniently check the status of their remittance through the Chinabank website or mobile app.
Chinabank has built a wide network of international and domestic remittance tie-ups to serve the needs of Filipinos anywhere in the world. Click here to know more.