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Remittances to the Philippines
But there are always security risks involved during the transactions and it would be terrible if your precious, hard-earned money intended for a loved one ended up taken by a greedy and dishonest money transfer company.
Whatever your cash needs are, maybe you are planning a vacation getaway on that fantastic tropical country and need to arrange your spending money before you go.
For any reason that involves transfer of funds from the U.
S to the Philippines on a hassle-free, safe and reliable way, every day at any time.
There are only but a handful of money transfer companies that will offer its customers with an easy procedure, without compromising the integrity and security of the customer's information, at the moment of engaging on an electronic transfer of funds.
No more third parties, agencies, or banking institutions, the only persons involved for the transfer of funds are you and your recipient - the funds will automatically be encrypted onto the card, at the same time, these are protected under a PIN made only available to you and the beneficiary.
A re-loadable ATM card is simply the best way to send money worldwide.
For example, once you have registered and activated your account, the funds are encrypted onto the card and are ready to be withdrawn in less than a minute after the money transfer was performed hassle-free.
And, should your beneficiary require extra funds - simply, go online and load new funds to the same account.
You do not have to find a bank, a money exchange office, a credit union, or anything like that - a simple ATM will do, they are your money transfer agents and you can find them everywhere! When you withdraw the cash it will be on the local currency, in this case the Philippine Peso, so there is no need to find a foreign exchange office or lose more money by exchanging dollars on the street or black market.
It is such a simple process, making the handling of cash on your vacation incredibly reliable and carefree.
The two main and largest banks in the Philippines who offer a money exchange service from foreign currency to the Philippine Peso charge high fees for this simple currency operation.
So you need to decide which cash transfer suits you and your wallet the best.
It is worth mentioning that more and more people in the Philippines, rely on a greater grade on money sent to them from family living in the US or abroad.
Families living in the Philippines depend on family members located abroad to send money home - it has been widely discussed the enormous impact that remittance flows have as a mechanism to reinvigorate poor communities.
Think carefully about the options available to sending money overseas and choose the fastest and most reliable service you can find.