Many of us are working abroad far away from our families and loved ones. Many of us also have businesses that cater to clients who are far away. What do many of us need? Of course, a safe way to send money to the Philippines for our loves who needs it to be sent the most. Solution? Online Money Transfer Service to the Philippines.
There are a lot of entities that offer local and international online money transfers when sending money to the Philippines. Banks usually comes first in our mind when it comes to money matters, but nowadays, there are a lot of money transfer companies worldwide. In the malls, in the city, in the market place, you often see different companies with posters and fliers about servicing online money transfers. All of them, including the banks have one thing in common – send money online locally or internationally for business transactions or to your friends or family.
So whenever we need to send money to the Philippines, we must always consider if it’s safe? Is it accurate? Is it cost-effective? when choosing a remittance company in sending money to the Philippines.
Also, consider the following steps to have a safe online money transfer when sending money to the Philippines:
- If the company/entity you choose send money online and have a login option where you enter your personal details, you should have a RELIABLE INTERNET CONNECTION. Do not use a public computer to do online money transfers. Do online money transfer only from your home or your office computer to which ONLY YOU have access.
- BE AWARE OF FRAUD- this is something that we all should consider. We should always be aware that there are a lot of people thinking of ways to take money from you. Especially thru the Internet, there are a lot of ways to scam out an individual by getting their trust and then their money. You should be careful in choosing ONLY an online money transfer company that is REPUTABLE. Ask your friends who have already tried online money transfers about which company you should opt for.
Advantages in using online money transfer
PayPal, Money Gram, Western Union are one of the leading online money transfer services which have provided a lot of our loved ones and business associates greater ease and peace of mind in sending money to the Philippines or internationally. There are numerous advantages and benefits of using online money transfer services when sending money for our loved ones or for business purposes.
Higher Foreign Exchange Rates
Of course, when we send money online, that usually means that, the currency that the sender has, is not the same payout currency to where he wants the money to be sent. So naturally, we all would like to get the highest exchange rate right? Get the most out of our money. In using online money transfer services in sending money to the Philippines; their rates are usually higher compared to the bank foreign exchange rates.
Fast and Convenient
When we send or transfer money online, the transfer is quick and easy. You don’t have to physically count and bring your money to the entity and transact your money transfer. The receiver gets the money you sent online instantly after it is being sent by the sender. “Instantly” usually depends on the rules and regulations of company that you are transacting with in sending money to the Philippines or internationally.
Safety & Security
Choosing between physically going to the bank, to withdraw your money then make the transaction to complete your sending money, doing money transfer online is much safer. Just make sure that you have chosen the right company online to do the transaction by asking your friends who are familiar with online money transfers and have experience in sending money to the Philippines online thru that company, then all should be well.
No Hidden Bank Fees
There are no additional bank fees, no commission fees, and no extra charges. Just a one time standard rate per transaction in sending money online to the Philippines.
Online companies that send money to the Philippines have customer service representatives ready to take your calls, and answer your concerns about your transaction. In the convenience of your home or office, you can make a follow-up on your sending money to the Philippines transaction.
By and large, always choose an online money transfer and remittance company that allows you to send money to the Philippines and that also they are servicing the area on which your money is destined for your loved ones.