Ria Money Transfer executives Steve Peregrino, Regional Director for Business Development Asia Pacific, and Espen Kristensen, Managing Director & Chairman of the Board Asia Pacific, joined Palawan Group executives Lilian C. Selda, Vice Chairman and CFO, and Karlo M. Castro, President & CEO in discussing how their partnership strengthens global remittance services.
The Palawan Group of Companies is opening new doors for Filipino families, entrepreneurs, and global workers with the launch of Pera Padala Abroad, its newest outbound remittance service in partnership with international remittance giant RIA Money Transfer. The expansion marks a major milestone for the trusted Palawan Express Pera Padala brand, long known for making sending money mura, mabilis, at walang kuskos-balungos for millions of Filipinos nationwide.
Filipinos can now send money to over 200 countries through the PalawanPay app or any of the more than 3,500 Palawan Express branches across the country.
Palawan Group President and CEO Karlo M. Castro said the move is rooted in the company’s long-standing commitment to serve everyday Filipinos. “Our contribution to the remittance industry is deeply embedded in our mission. Pera Padala is built on trust, accessibility, and our promise to deliver affordable and reliable service. Expanding into outbound remittances allows us to help even more Filipinos support family, education, and livelihood across borders.”
Palawan Group President and CEO Karlo M. Castro highlighted the company’s expansion into outbound remittances as a continued commitment to providing Filipinos with affordable, fast, and reliable financial services.
Whether supporting loved ones overseas, paying for education, buying supplies for a growing business, or assisting relatives working or living abroad, Pera Padala Abroad gives Filipinos a dependable and budget-friendly way to stay financially connected.
Outbound remittances have surged in recent years as more Filipinos settle tuition fees for children studying abroad, freelancers get paid by global clients, families support relatives overseas, and local business owners purchase materials and supplies internationally.
With cross-border trade growing rapidly, the new service is expected to significantly benefit Filipino entrepreneurs who now have a more convenient and cost-effective way to pay international suppliers. At the same time, expats living in the Philippines can also use the platform to easily send money to their families abroad.
Palawan Group Vice Chairman and CFO Lilian Castro-Selda shared that Pera Padala Abroad is a fast, secure, and convenient way for Filipinos to send money overseas with low fees and multiple payout options.
Lilian C. Selda, Vice Chairman and Chief Financial Officer of the Palawan Group, emphasized that affordability remains a top priority. “By streamlining processes and working with globally trusted providers, we deliver fast, transparent, and budget-friendly transactions. No long lines, no complicated forms—just a few taps on PalawanPay or a quick visit to any of our branches.”
Customers can send money to bank accounts, e-wallets, or cash pick-up points worldwide, with fees starting at just ₱300 and competitive exchange rates that stretch every peso. Funds may be converted into the destination currency or kept in the recipient’s preferred denomination, and once a reference number is generated, transfers are completed instantly for real-time peace of mind.
RIA’s Asia Pacific Managing Director Espen Kristensen highlighted the strength of the partnership. “Ria’s global network of over 500,000 pick-up locations ensures that Pera Padala Abroad can reach even remote areas with speed and reliability. We bring robust compliance, operational expertise, and consistent service standards to help Filipinos send money safely anywhere in the world.”
As part of its expansion, RIA and Palawan reaffirmed their commitment to strict regulatory compliance in the Philippines and all countries where the service operates. Security protocols and risk-based transaction caps are in place to prevent misuse and protect users, ensuring legitimate customers—including families, workers, and small businesses—can remit with confidence and peace of mind.
With Pera Padala Abroad, the Palawan Group continues to champion financial inclusion by offering an accessible gateway to global financial services. By combining innovation, trusted service, and an expansive international network, Palawan empowers Filipinos to support their families, grow their businesses, and participate fully in the global economy.
Sending money overseas has never been easier. Download the PalawanPay app or visit the nearest Palawan Express Pera Padala branch to start sending funds around the world.