Company Profile
Metro Remittance Singapore Limited (MRSPL) is one of the leading money service businesses in Singapore for Philippine-bound remittances. MRSPL is 100% owned by Metropolitan Bank and Trust Company (Metrobank), one of the largest banks in the Philippines. Metrobank belongs to a diversified financial conglomerate with businesses in investment banking, insurance, and leasing and finan
cing, among others. MRSPL has been operating in Singapore for nearly two decades. It is licensed and regulated by the Monetary Authority of Singapore (MAS) to provide remittance services. On a regular basis, MRSPL undergoes several types of audits to ensure that the company’s operations are compliant with existing laws, regulations, and best practices. Annually, it undergoes both internal (from Metrobank) and external
audit, while periodically it undergoes audits from its regulatory bodies MAS and Bangko Sentral ng Pilipinas (BSP). MRSPL caters wholly to the Filipino market in Singapore and has both the experience and expertise to service the needs of its clients. It provides competitive rates and fees to its clients ensuring convenience of transactions at an affordable cost.
