How to Utilize OFW Remittances Strategies for Utilizing OFW Remittances for Long-Term Growth According to new data from Bangko Sentral ng Pilipinas (BSP), the Philippines saw its highest-ever cash remittances in 2023. Though its growth rate is quite slower than expectations, money sent to banks amounted to $33.491 billion when 2023 closed. These inflows are mostly from Overseas Filipino Workers...