Grab Remittance: Your full guide

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Grab is steadily expanding beyond food delivery and ride-hailing into financial services, including peer-to-peer transfers and remittances. In Singapore, users can send funds directly from their Grab app—but there are a few important limitations to understand before getting started.

First, transfers from Grab-linked bank accounts are restricted to Singapore-based bank accounts only. Supported banks include major institutions such as DBS, OCBC, UOB, HSBC (Singapore), Citibank, and more.

When it comes to GrabWallet transfers, availability depends on Grab’s supported corridors.

In short, Grab can be a convenient way to move money locally within Singapore and, in some cases, internationally via GrabWallet—but cross-border availability is still limited and subject to change. Always check the latest options within your Grab app to confirm supported destinations and transfer methods.

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Send money abroad with Grab

If you have the Grab app, you can send money to other Grab users in the Philippines as a remittance. To begin the process, make sure that you and your recipient in the Philippines both have done the Know Your Customer (KYC) and have verified accounts on Grab¹.

Next, make sure you have the money that you want to send to your GrabPay wallet. You can top it up right in the app with your debit card or PayNow². But there are limits to how much you can send, which is outlined later in the article.

Now, to transfer your GrabPay balance, open the Grab app and tap Finance, then select Transfer. From there, choose your transferable balance and pick where you want to send the funds—this can be a PayNow-linked bank account, another GrabPay Wallet, a bank account, or a supported e-wallet.

If you’re sending to another GrabPay user, you can enter their mobile number or select their name from your contacts (make sure their GrabPay account is linked to that number). Then, input the amount, review the transfer details, and tap Confirm to complete the transaction¹.

Before making any transfers, ensure your account is fully verified and secured with a Grab PIN.

Once your recipient in the Philippines receives the money, they can either keep it in their Grab wallet to spend through Grab or they can move it over into their bank account locally. If they have a bank account, the move from Grab to their account can usually be completed within 30 seconds.

How to open a Grab account

What if you want to send money to the Philippines, but you don’t have the GrabPay wallet yet? No problem — you’ll just need to set up a Grab account first.

You can do this right from your phone. Simply download the Grab app, and you can begin the process to register with your SingPass ID. Once you enter in the information with your SingPass, your identity and account will be verified in around 1 business day³.

If you don’t have SingPass, you can also fill out the signup form manually. You will still need to verify your identity by uploading a valid photo ID⁴.

Grab remittance charges and fees

So if you have GrabPay, you won’t be charged a transfer fee to send money to the GrabPay wallet in the Philippines. But you will be given a Singapore Dollar to Philippines Peso exchange rate that is set by Grab itself⁶. It will be different from the real exchange rate, which is the rate you see on Google.

Grab transfer limit

GrabPay transfers are also subject to wallet and transaction limits. For example, if your wallet is unverified, you can only send up to S$1,000 per transaction, while fully verified users may have higher flexibility, depending on their account profile.

When sending money overseas—such as to the Philippines—additional remittance limits may apply.⁷

GrabPay Wallet limits are set in line with regulations by the Monetary Authority of Singapore (MAS). ⁷ You can send money through GrabPay, but your transfers still need to stay within the limits set under regulations by MAS, as well as your GrabPay wallet and remittance limits. GrabPay users can generally hold up to S$5,000 in GrabPay Credits at any one time, while the total value of consumer payment transactions using the GrabPay Wallet in a calendar year may not exceed S$30,000 or S$60,000 for eligible users. Transactions may also be rejected if they exceed applicable regulatory, wallet, or risk limits⁶.

So if you need to send more than that to the Philippines or globally, you can take a look at Wise which allows for larger transactions.

Time it takes with Grab

Grab makes it easy to send money with the wallet to wallet transfer so the money usually shows up either instantly or within a few seconds of sending.

Your recipient in the Philippines can then decide if they want to keep the money in Grab or move it over to their bank account.¹

Grab customer support

The easiest way to get a hold of Grab’s customer support is to go into the app and click on Help Centre. You can find the help you need or answer you are looking for within the Help Centre itself. And if not, you can scroll down to the Call Us button to speak to someone at Grab.

You can send money directly to local bank accounts in the Philippines when you use Wise. Wise lets you send money straight to your recipient's local bank account without the hassle of going through another wallet. Wise is the more convenient option to send money where it needs to go.

The true cost of international transfers with Grab

With a S$0 transfer fee, Grab can look like a great option for sending money. But there are some points to keep in mind before you begin.

While Grab does operate in other countries, its remittance services are only available in a limited number of markets. Outside Singapore, GrabPay transfers are supported in eight countries: Myanmar, Cambodia, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines⁹.

This means that while you can send money within this network of supported countries, Grab is not yet a fully global remittance solution. If you need to transfer funds to countries outside this list, you will need to use a different provider.

Second, your recipient is required to get a Grab wallet too to accept money from you through the app. This can be an inconvenience to whoever you are sending money to as they will then need to transfer money to their bank accounts. These additional steps can be difficult especially for older family members back home. It is also an additional step in the process of sending money versus providers like Wise where you can send money directly to their FIlipino bank account.

Last but not least, is the exchange rate. With Grab, you have to transfer Singapore dollars to Philippines Peso using the exchange rate they set. That rate is not the real exchange rate. That means more money out of your pocket for less money in pesos. If you want a global money transfer provider that gives you the real exchange rate every time, you have to check out Wise

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A cheap, fast and transparent alternative: Wise

You can have one fast and easy-to-use app on your mobile for money transfers to over 150 countries with Wise. Why only limit yourself to one country, when you can send, pay and spend money wherever you need it to go.

Wise lets you send money directly to local bank accounts and not by wallet-to-wallet transfers. So your recipient can just sit back and relax while the funds arrive in their account.

And if you are looking at costs, Wise is free to set up and will only charge you one low upfront fee on your transfer. You will always get the real exchange rate with Wise, so you won't lose any money on marked up exchange rates. Give Wise a try and see how much you can save on your next transfer.

All sources checked as of May 1, 2026