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M Lhuilier Partners with Wells Fargo

M Lhuilier and US based Wells Fargo announced their partnership in providing remittance services to US based customers to send money to the Philippines. Filipinos based in the US who send money to their loved ones in the Philippines will benefit from this partnership between two leading service providers. Customers can send up to 1,000 USD a day to their beneficiaries in the PH at a low transaction fee. The beneficiaries can claim their remittance from any of the  M Lhuilier agents distributed across the archipelago. See...

Currency Exchange Dilemma: When to Send Money to the Philippines?

When to send money to the Philippines? The recent strong showing of the local currency, Philippine peso, in currency exchange market brought some fear especially to overseas Filipinos who send money to the Philippines. The value in Philippine Peso of the foreign money they earn was affected creating anxiety to them and their families back home. The same is true to the Philippines' export industry. Some  experts, however say that the electronics industry, which account to probably more than half of the country's exports...
 

My Blog List

  • In 2011, 22% of the total foreign remittances came from sea-based migrant Filipino workers amounting to 4 billion US dollars. Filipinos account for over 25...
  • One of the exciting places to see just outside of Manila is the cool city of Tagaytay in the Province of Cavite. With its cool climate because of its eleva...

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.