The Philippines is the second largest recipient for remittances in Asia, with a total of US$26 billion transferred in 2013. The lion's share of these remittances are enabled by conventional banks and money transfer agents, which charge hefty fees for international transactions. Rebit aims to provide a comparable service at a significantly lower rate by leveraging the superior process that the Bitcoin platform enables. We strive for total transparency in both our business model and service fees, and offer the best BTC-to-PHP payout rates in the Philippines. Our delivery options include forwarding to most local banks, as well as the most popular pawnshops and payment centers.
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Our customer service representative is here to assist you.
Yes. Rebit does not charge users any fees to use the service. Only third-party fees apply for payouts to bank accounts not opened in Metro Manila and payouts using pawnshops. There is a real-time price of the charges displayed on the sidebar to help guide you.
You can choose between sending it directly into their bank accounts, cash pick-up via any of these pawnshops (Cebuana Lhuillier, M. Lhuillier, Palawan Express and LBC) or direct pickup at Rebit HQ in Makati.
You can also opt to send them prepaid load or pay any of their bills.
Rebits and bills payments made within 9:00 AM to 4:00 PM Philippine time will be completed within the day. Otherwise, these will be completed the next morning. Prepaid Load will be received almost instantly.
Here’s a quick guide for all Rebit transactions. We’ve listed how long it will take for your transaction to be complete using the following payouts.
Our service is available 24 hours a day, 7 days a week.
Bitcoin is a new technology that allows people to send money over the internet. Learn more about it at www.bitcoin.org.
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