Send Money to Philippines
There are a few options available to send money to
Philippines which include money transfer (Western Union), bank transfer, Xoom (to wire money online). There
are many places for Filipinos to collect sent money as it is very common. There is a large overseas workers
population that send money to the Philippines all the time for their families.
One very fast way for sending money to the Philippines is via Western Union money
transfer. The transactions are quick but they do charge a high percentage fee. There are money transfer Western
Union branches all over the place which makes this the most popular method for sending money to the
Philippines.
An online alternative is to wire money online with
Xoom which charges much less. They will also hold the money in a bank or collection centre, or it can be delivered
to the recipients' home. You can use a debit or credit card to send money to Philippines with Xoom, and they also
accept Paypal which makes it extra easy. This is the best choice for people comfortable using the internet, however
transactions can take days instead of minutes like with Western Union money transfer.
Many people in the Philippines do not have a bank account. This can make methods we use in the
west more difficult. For example a simple bank transfer or Paypal transfer is often impossible. If you plan
to send money to the Philippines on a regular basis, try and get the recipient to open an account. It makes
life much easier.
What info do I need to send money to the Philippines?
- You will need to give your full name, contact number and address.
- You will need to give the same details for your benificiary.
- For added security you can also add a password sometimes.
Global money transfer is very common and secure.
Just find the best way to send the funds for you and your benificiary and don't worry. If you need the fastest
method then money transfer with Western Union is for you. If you want a cheap online method try Xoom online money
transfer. If the recipient has a bank account, simply call your bank and instruct them to send the money to the
Philippines. The second two choices usually take around 3 days.
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