Nowadays, there are several ways for Overseas Filipino Workers or OFWs to send money to the Philippines. These ways are as follows:
Remittance services of Philippine banks like BDO Remit or LBC remit
Internet banking or Electronic Bank Transfer
Non-bank remittance services like I-Remit to the Philippines or Western Union
Bank wire transfer
Payment processors like Paypal
Typically, You prefer a money transfer or remittance service depending on:
Safe and secure – Nakasisiguro ka ba sa serbisyo?
Remittance transaction charges– Mura ba ang serbisyong pagpadala?
Fast fund transfer – Kailan makakarating and ‘Pera Padala’ sa Pinas?
Exchange rate – Katumbas na halaga ng Peso?
One of the best ways to send money to the Philippines is through I-Remit to the Philippines.I-Remit to the Philippines is a remittance service available in Australia where there are OFWs and Filipino migrants. You can send up to $4,000 AUD (about 170,000 Pesos) daily to Philippine bank account of your family oriRemit 3-in-1 Visa Remit Cardof your family and relatives.You can choose how your money remittance through I-Remit to the Philippines can reach your family and relatives:
Send Money to the Philippines Via Electronic Bank Transfer or Online Bank to Bank Transfer (Australian Bank to Australian Bank)
Send Money to the Philippines through Bank Deposits by visiting the nearest NAB, COMMONWEALTH, WESTPAC and ANZ bank
How much is the remittance fee?
With the 3-in-1 Visa Remit Card, the service fee is at $4.00 per transaction, which is 50% more cost effective from the regular service fee at $8 per transaction to any Philippine bank account of your Family in the Philippines.How fast can the family receive the remittance?
Money transfer to an Iremit 3-in-1 Visa Card accounts – same day of transfer (As soon as the fund cleared on Iremit to the Philippines account)
Money transfer to any major Philippine banks – within 1 to 2 days
How can I apply for an iRemit 3-in-1 Visa Remit Card for FREE?Just follow this 3 easy steps:1. Fill out the 3-in-1 Visa Remit Card application form here.2. Scan a valid ID of your beneficiary in the Philippines.3. Send the application form and the scanned ID to firstname.lastname@example.org