The Philippines was ranked 10th in a list of top emigration countries which also included Mexico, India, Russia, China, Ukraine, Bangladesh, Pakistan, the United Kingdom and Turkey.

It also ranked 10th in the top migration corridors with emigrants going to the United States.Do you want to know the latest conversation of your desired currency?

Do you want to know the latest foreign exchange rate in the Philippines?

Use some keywords to type in: foreign exchange, currency conversation, philippine currency

As of this year the Philippines had a total of 4.28 million emigrants, accounting for 4.6% of its population. Top destinations were the US, Saudi Arabia, Canada, Malaysia, Japan, Australia, Italy, Qatar, the United Arab Emirates and the UK. -- Jo Javan A. Cerda

Smart Padala International is the first international cash remittance service via text. It is a faster and cheaper way of remitting cash from a sender abroad to the cellphone of a beneficiary here in the Philippines.
How does Smart Padala work?
For senders abroad:

1. Go to any Smart Padala remittance partner. Fill out an information sheet about your beneficiary in the Philippines. In particular, you must know the Smart mobile number / Smart Money number of your beneficiary.

2. The Remittance Center will transfer your remittance to the Smart Money number of your Beneficiary. * NOTE: if you’re using Smart Padala for the first time, your beneficiary will be assigned a Smart Money number to which the remittance will be transferred.

3. After a few seconds/minutes, the Remittance Center will confirm that the transaction has been completed.
For beneficiaries in the Philippines:

1. You will receive a text message indicating your 16-digit Smart Money number. Another text message will be sent to confirm that the money has been received through the Smart Money number.

2. To encash, go to any Smart Padala Center.

3. You will be sent a Smart Money card or you have the option to get a Smart Money card in any Smart Wireless Center. Using the card, you can withdraw cash in any Banco de Oro, Expressnet or Megalink ATM’s nationwide.
*How to get a Smart Money Number?

For Smart Super SIM 3 users:
1) In your Smart celfone, go to Smart Menu and click Smart Money
2) Choose Activate Card
3) Enter your desired 6-digit w-PIN twice.
4) You will receive a confirmation message with your activated 16-digit Smart Money Number.
For Smart Super SIM 1 & 2 users:

1) Text MONEY to 343
2) You will receive a confirmation message with your 16-digit Smart Money Number.
3) In your Smart Celfone, go to Smart Menu, select Activate card and enter your Smart Money Number.
4) Name the card & confirm activation
5) Enter default PIN (123456) then enter your new PIN.
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