The Central Bank of the Philippines published updated remittance statistics showing cash remittances from overseas Filipinos totaled USD 3.17 billion in October 2025, bringing the January to October 2025 total to USD 29.20 billion. Personal remittances, which include cash sent through banks and informal channels as well as remittances in kind, amounted to USD 3.52 billion in October 2025 and USD 32.49 billion in January to October 2025. By recorded source, the United States remained the top contributor to cash remittances in January to October 2025, followed by Singapore and Saudi Arabia. The central bank noted limitations in country-of-source reporting because remittances are often routed through correspondent banks, many located in the United States, and because remittances sent via money couriers cannot be disaggregated by actual country source and are booked under the country where the courier’s main office is located.
Central Bank of the Philippines 2025-12-15
Central Bank of the Philippines reports USD 3.17 billion in overseas Filipino cash remittances in October 2025 and USD 29.20 billion in January to October 2025
The Central Bank of the Philippines reported cash remittances from overseas Filipinos reached USD 3.17 billion in October 2025, totaling USD 29.20 billion from January to October. Personal remittances, including cash and in-kind transfers, amounted to USD 3.52 billion in October and USD 32.49 billion for the same period. The United States was the largest source of cash remittances, though the central bank noted limitations in accurately reporting country sources due to routing through correspondent banks and money couriers.