Best Way To Send Money To Philippines
It is a common thing for many ASAWA visitors to find the best way to send money to the Philippines. In most cases this tends to be money needing to be sent for family. Sending money to the Philippines for schooling, to family for the necessities of life is of major concern, but can be quite expensive. For some this is not an issue, especially if it means sending money to a future wife or family in order to pay for various immigration forms, fees, and even on a more of a moral scale, for bribes to local officials.
On other occasions sending more to the Philippines fast for a special event is also common from family and friends in the USA or Europe. One of the more common places people look for is a Mabuhay Philippines money transfer service since this is one of the major cities in the Philippines. So what is the best way to send money and funds to the Philippines?
Probably the most common way to send money to the Philippines is with a Western Union money order, or wire transfer. This can be safe if you are in touch with the person receiving the money. The great part about sending money to the Philippines with Western Union is that the funds are transferred almost instantly, and can be done either in Pesos or U.S. Dollars whichever your preference.
The downside to sending money with Western Union is that it is not chap by any means. Especially when sending somewhere outside the USA. If this is too expensive for you then you may want to go a different route.
The next option is Moneygram. This can be a really bad option if the money is a lot. Since the post office is unreliable in the Philippines, you run the risk of them stealing the money. It really doesn’t matter if you live in another nearby country. Whether you are send money to the Philippines from Canada or from the UK its not safe using Moneygram.
If you want to know the fastest and safest way to send money to the Philippines, that would be with Paypal. All you need is for the receiver to set up a Paypal account and you are good to go.
Your next safest option is to send money to the Philippines through PNB (Philippine National Bank). Thats right the old fashioned money wire transfer through a bank. This is going to be the most reliable since this is not only a reputable bank, but they will accept wire transfers from Bank of America, Chase, Wachovia, Frost Bank, Wells Fargo, and just about any major bank that you can think of. The fees are relatively cheap, and its a safe method. The only downside of a Bank wire transfer to the Philippines, is that it can be slow.
There are probably other methods to transfer money to the Philippine islands, so if you have any feel free to share them by comment.
Filed Under Country |
Tagged With
Comments
One Response to “Best Way To Send Money To Philippines”
Leave a Reply
[...] Moneygram is one of the leading companies to help those who want to transfer money from the Philippines to the USA and vice versa. Moneygram currently is the best way to send money to the Philippines. [...]