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Safe, Fast and Reliable Remittance from the US through Wells Fargo and BPI

If you are in North America, just visit a Wells Fargo branch and enroll your relative's BPI or BPI Direct account. This will allow you to send funds straight to their BPI account in the Philippines. There is also an option where your recipient in the Philippines may pick up money at any BPI or BPI Family Savings Bank branch. The sender just needs to provide the beneficiary's name and full address, these information must exactly match the BPI account records or the valid I.D.s of the beneficiary. Wells Fargo will then create the remittance details to ensure money is sent quickly and securely. Through credit-to-account, Wells Fargo will complete a one-time verification of the details, after which subsequent remittances will be sent as soon as the same day. If through Cash Pick-up, money will be sent on the same day, however the remitter has to provide the beneficiary the 16-digit reference number issued by Wells Fargo, which the beneficiary needs to present along with proper I.D.s when claiming the remittance.

AlertPay Online Money Transfers

Online money transfers have become a way of sending and receiving money for people who spend a lot of time on the internet. Popular choices are the use of Paypal or AlertPay. Online transfers are fast, reliable and safe. To send money, you may use your account balance, transfer money from existing bank account or even you credit card. You can even send money in your local currency and your receiver will receive the money in another currency. When you receive money from someone using the same online payment company, you'll receive in the form of account balance that you can change to cash through your local remittance company, transfer to a local bank or use as payment for online purchases. 


Best of all joining to these services are free.
Send and Receive money through Paypal
Send and Receive money online with AlertPay Today

LBC Online Services

LBC, one of the country's biggest remittance and courier service providers offer online services to its customers. Status of remittance can be tracked online through their website http://www.lbcexpress.com/ as well as contact them through their facebook and twitter accounts.

Japanese Yen Near to Record High vs Other Major Currencies

The Japanese Yen has always been a stable foreign currency. Even immediately after the earthquake, tsunami, and scare of radiation from the 'meltdown' of nuclear facilities, the Japanese Yen still showed signs of stability. Short term, this is good for Filipinos coming home from Japan who wanted to start anew leaving their painful experiences in Japan.Their Japanese Yen with near record high values, should sell favorably vs Philippine Peso.
 

My Blog List

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About this Site

This site aims to provide you with everything you need to know to send money to the Philippines. With about 10 million Pinoys living overseas, mostly to work, remittances to the Philippines remain to be the economy's main source of foreign fund. The World Bank estimated 17B USD in remittances by end of 2009, next only to India and China as the world's top recipient countries of remittances. I hope this site can provide a comprehensive guide and all the possible options for Filipinos living abroad and Foreigners living in the Philippines to provide for their families and loved ones in the most economical and convenient way.