Sending money to the Philippines – Your guide for sending cash transfers instantly
Credit to Author: The Manila Times| Date: Sun, 09 Dec 2018 16:16:20 +0000
When you are an expat, you are likely to look for a secure and affordable way to send money to your family in the Philippines. There are many ways to transfer money to the Philippines. But one of the most convenient option is an immediate cash transfer by Xpress Money.
Immediate Cash Transfers
The money you send will be transferred in minutes, with Immediate Cash Transfers. This service is helpful in any situation – say your family requires the money immediately, for a bill payment, or for your kid’s school fees or an emergency. What do you do? You are far away from home. That’s where an Immediate Cash Transfer service becomes essential. Not only can you send money in a few easy steps, but also your money will be ready for pick-up instantly.
Speed and access with Immediate Cash Transfers
Many Financial Institutions (FI’s) provide cash transfer services, but very few have a strong network. International Money Transfer Organizations(IMTOs) specialize in the remittance business and have a wide network globally. This makes the transfer process convenient as you can easily locate a network agent close by.
Xpress Money, a global money transfer brand, has over 15,000 agent locations in the Philippines, and over 160,000 locations globally. Check out our nearest agent partner location here.
Fee and exchange rate
A credible money transfer company will inform you about the fees and exchange rate before a transaction. Xpress Money has no hidden fees and it has one of the most competitive fee structures and exchange rates in the market with a global average remittance cost of 2%. In addition, you’re certain to receive a message once the money has been collected by your beneficiary.
Steps to transfer money
To send money – Go to the nearest Xpress Money agent location > Fill the money transfer form with the required personal and beneficiary details > Hand over the amount to be sent + Fees applicable > Take note of the 16-digit X PIN and share it only with your beneficiary.
To receive money – Share the nearest Xpress Money location with your beneficiary > He/She will need to visit that location, present an identity proof and the one-time X PIN to the Xpress Money agent partner > Once verified, the cash can be received.
To find out more about Xpress Money, click here.
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