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Cash remittances reach $3.03b in August

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Cash remittances reached US$3.03 billion in August 2026, 1.9 percent higher than the $2.98 billion recorded in August 2025.

The United States remained the top source of inflows, followed by Singapore and Saudi Arabia.

Seasonally adjusted personal remittances, which include cash sent through banks and informal channels as well as remittances in kind, also increased slightly in August 2026, suggesting sustained underlying remittance growth after accounting for seasonal factors.

Cash and personal remittances also moderately grew in January-August 2026. These inflows continued to underpin household spending and domestic economic activity, reflecting the resilience of remittance flows as a key source of household income and external financing. Bangko Sentral ng Pilipinas

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