In terms of rankings, the Philippines was the 4th largest recipient of remittance inflows in 2018 after India ($79 billion), China ($67 billion), and Mexico ($36 billion). Why the Philippines receive most of the remittances? Why people of the Philippines go abroad in vast range? Currently Philippines range in lower or middle-income countries. That is why people go abroad to earn and send money to Philippines to their loved ones.
In this age, it is not difficult to send money to the Philippines to your recipient but finding the best way is a difficult task. Unlike the old days, you have more options to select from one to transfer money to the Philippines.
At least two decades ago, there is ample use of banks and used to send money. Because it does not provide the best of features to facilitate people that is as the technology advances online money transfer services introduced. They are offering possible unimaginable features to send money to the Philippines online. But all are not providing services on the same level.
ACE Money Transfer service allows you to transfer money online with all features that a sender needs to have while sending money online. These are:
Money Transfer Fee:
It is a guaranteed feature by the ACE Money Transfer to facilitate their customer. In which context, we are saying it to you because it does not apply any additional or extra charges you and affirm to charge a low fee to you.
Money Exchange Rate:
Who does not want to have a high exchange rate? If you know about it. The exchange rate tells you the price at which your money exchanged to another currency. They offer to give you a higher exchange rate that results in sending the whole amount of your hard-earned cash at a high rate.
Transaction Ways and Payment Methods:
Having multiple ways for transaction and payment is need of any sender. Also, it helps you send money to the Philippines in future Transactions. So why not pick one money transfer service that perfectly suits you and you stick to them for your whole life, ACE Money Transfer truly deserves to stick with its excellent services with us.
- Cash pick up
- Bank Transfer
Cash pick up helps you send money to an affiliate pay-out location. It is swift and considers it useful for sending not a very large amount for money transfer to Philippines online. You recipient can go and pick your sent funds from the pay-out location or any of its branch.
Bank transfer helps you send money to your recipient bank account directly. It is efficient to transfer a considerable amount to the Philippines. Your recipient can easily withdraw cash from the Account by going to a bank branch.
Various payment methods are here to pay for your transaction to send money to the Philippines online via:
- Credit card
- Debit card
- Online bank transfer
How Can You Create a Transaction to Transfer Money to Philippines?
- Create an account or register yourself on ACE Money Transfer to use their website or money transfer app.
- Choose Destination Country means your recipient country
- From the Pay-out calculator, select pay-out option, i.e. Cash pick-up or bank transfer
- Preferred Pay-out Partner nearly present to your recipient
- Enter the amount you want to send
- Enter Recipient Info
- Choose Payment Method (e.g. Debit Card, Credit Card or Online Bank Transfer)
- Confirm the details, and you are ready to send money online.