Online currency exchange sites

[Trefor]

Where would I get the best rate to change around £500? Should I send it to a bank account out there instead? Which method? (I'm new to this, it was dirt cheap to send money from Dubai, doesn't seem so from the UK).

Has anyone used the online sites such as M&S, Postoffice etc. for changing pounds into pesos? I found this site with a better rate, anyone used it?

http://www.foreign-currency.com/

Thanks.

[imagine]

do you mean to send money to phil, or to exchange here then to take peso with you?

to send money to be picked up or to a bank account i used https://www.worldremit.com/en/home,

[Dedworth]

I've used this lot for larger amounts to Europe might be worth a look http://www.sage-uk.tracked.transfermate.com/?cshort=AUD,EUR,GBP,NZD,USD&csel=EUR,GBP

[Trefor]

do you mean to send money to phil, or to exchange here then to take peso with you?

to send money to be picked up or to a bank account i used https://www.worldremit.com/en/home,

Exchange money and take it with me.

Thanks.

[imagine]

take a look at advice on this link :xxgrinning--00xx3:

http://filipinaroses.com/showthread.php/33700-How-much-cash-do-you-take-to-change-in-manila?highlight=taking+money+to+phil

[Trefor]

Thanks. Looks like I'll take pounds and change it there then. I also usually take money out from the ATM (I travel the world a lot on business so know the logic of this).

Don't worry, I won't be walking around anywhere with this much cash apart from leaving the airport.

[imagine]

check out this for a safe way to get cash there, that way you only need take a small amount of ready cash which you can exchange at airport,

its a pre load card visa ,,,,,,,,,,,

http://www.caxtonfx.com/

this is what i will use when i go this december

[BoholoX]

do you mean to send money to phil, or to exchange here then to take peso with you?

to send money to be picked up or to a bank account i used https://www.worldremit.com/en/home,

:xxgrinning--00xx3: I've just opened an account with them, sent a small sum to test the system and then my usual monthly support transfer. Due to their reduced fees, no charge (directly) from BPI and a 2 peso better rate than my bank, my account gets a boost by P3000+ I'll never see it :icon_lol: but wife and son can have an extra monthly treat free from now on.:D

[BoholoX]

Thanks. Looks like I'll take pounds and change it there then. I also usually take money out from the ATM (I travel the world a lot on business so know the logic of this).

Don't worry, I won't be walking around anywhere with this much cash apart from leaving the airport.

I think I'm right in saying you can only take in £65 (P10000) undeclared. Its ok to take the equivalent of $10,000USD but you need to declare it customs. Call me cynical but I wouldnt want to doing that :icon_lol:

[Trefor]

Update on this one. The best rate I could get in the UK was below 60 squirrels to the pound. However out here in sleepy Batangas I can just got 65.11 including costs. So in future I'll definitely take UK money and change it out here.

[blessed_ekim0826]

You can take pounds and change it here. I think that's the best thing you should do but when you leave the country you are not allowed to take more than 10,000 Pesos unless you have a letter from BSP(Bangko Sentral ng Pilipinas). That's what I know from costum at the airport.

[Trefor]

do you mean to send money to phil, or to exchange here then to take peso with you?

to send money to be picked up or to a bank account i used https://www.worldremit.com/en/home,

Hi Imagine.

Looking at this site they just charge £5.99 for £500 transfer. Are there any other costs in your experience? Often you find extra charges from these kinds of places.

Also, we want to send to BDO bank, but they don't seem to need an ibahn code or anything? Is this normal?

Thanks.