The Central Bank of the Philippines reported that cash remittances continued to grow in April 2026, with seasonally adjusted personal remittances also increasing. The update points to continued inflows from Overseas Filipinos despite prevailing global economic conditions and underscores their role in supporting household finances and consumption. The United States remained the dominant recorded source of remittances, followed by Singapore and Saudi Arabia, which the central bank said indicated stable geographic concentration. It also noted a data caveat: the United States appears as the main source partly because remitting or correspondent banks are mostly located there, so the data does not necessarily mean the funds were generated in the United States.
Central Bank of the Philippines2026-06-15
Central Bank of the Philippines reports April 2026 growth in cash remittances with the United States remaining the main recorded source
The Central Bank of the Philippines said cash remittances grew in April 2026 and that seasonally adjusted personal remittances also increased. The United States remained the main recorded source, ahead of Singapore and Saudi Arabia, although the central bank noted that origin data is affected by the location of remitting and correspondent banks.