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  1. #1
    Respected Member A_flyer's Avatar
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    Western Union is lowering the exchange rates by around 3.5%, then you have the fee for sending money thru them and now they are getting another fee for getting the money.

    They are very good for getting money $$$$$$$$$$$$$$$$$$ for them.

    The only advantage now is that they are quick, the sending can be done from home thru internet and the money can be collected within the minute. I did it several times, just by texting the code when the person is already in the pawn shop.

    But to be used only in case of emergency, it's really too expensive!
    Best regards.
    Yves


  2. #2
    Respected Member amyburple's Avatar
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    Yes your right... Last weekend I got the money that my hubby sent but before I went there I check what is the exchange rate to pound to peso and it's 87 somethings and the WESTERN U rate is only 85 something awwwww.... It's very depressing coz my hubby used it for 2 years already and then now they're doing this. They already charge the sender at the same time if you gathered the money they gonna charge you too.... that's bullocks^^,

    Is there any way to send money that is cheaper aside xoom or bank to bank. Coz bank to bank is bit expensive


  3. #3
    Respected Member A_flyer's Avatar
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    Quote Originally Posted by amyburple View Post
    Coz bank to bank is bit expensive
    Get an account at PNB Europe. My wife has there an account in Pesos based in Cebu. She have also an account on a French bank where she get her salary. The transfert from her French Bank to PNB Paris is free of charge (fee = 0€), and the fee for the money to arrive on her account in Cebu is 12€ till 2000€ with an exchange rate usually over P2 the rate at PNB Philippines (that's 3% more... for us) so it's very interresting and less expensive than a direct French bank to PNB Philippines (was 16€ till 1500€). So our gain at each transfert is 4€ + 3% of the amount sent in pesos. Not bad!

    The only difficulty we had to open the account is that she had to go in Paris as they need personal appearance and copy of her residency card and passport (they can't open an account for illegal immigrants, they were authorized to reopen in Paris at this condition only).
    Best regards.
    Yves


  4. #4
    Respected Member amyburple's Avatar
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    Quote Originally Posted by A_flyer View Post
    Get an account at PNB Europe. My wife has there an account in Pesos based in Cebu. She have also an account on a French bank where she get her salary. The transfert from her French Bank to PNB Paris is free of charge (fee = 0€), and the fee for the money to arrive on her account in Cebu is 12€ till 2000€ with an exchange rate usually over P2 the rate at PNB Philippines (that's 3% more... for us) so it's very interresting and less expensive than a direct French bank to PNB Philippines (was 16€ till 1500€). So our gain at each transfert is 4€ + 3% of the amount sent in pesos. Not bad!

    The only difficulty we had to open the account is that she had to go in Paris as they need personal appearance and copy of her residency card and passport (they can't open an account for illegal immigrants, they were authorized to reopen in Paris at this condition only).
    Thanks for this details. I will let my hubby read this one so that he will know! God bless


  5. #5
    Respected Member LEAHnew's Avatar
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    Quote Originally Posted by mdelg55 View Post
    WE recently sent via Western Union money remittance to my wife's mother and for the first time ever she was asked to pay Pesos 1.50 centavo a per each 1000.00 Pesos..When I was told this I realLy get upset. We pay already the charges here so why we should pay again? I told to my mother in law that next time if they ask again to go to onother western union office to get her money.What this people think ? We do not make money easy here and we have to work hard to earn the cash...SOMETHING should be done about .....This people ripping off and making illegal money for their fat stomach.......
    Is tis happen to anybody else???????
    Yes we experience that as well, They've been charging Documentary Stamp Tax, I noticed the letter from WU window,implemented last July 1st but I don't see
    further explanation for the said DST

    Quote Originally Posted by jencha8569 View Post
    sad to say but western union now charging documentary stomp tax to every receiver.
    its mandatory on every branch.
    Thanks sis for confirmation.

    Quote Originally Posted by A_flyer View Post
    Western Union is lowering the exchange rates by around 3.5%, then you have the fee for sending money thru them and now they are getting another fee for getting the money.

    They are very good for getting money $$$$$$$$$$$$$$$$$$ for them.

    The only advantage now is that they are quick, the sending can be done from home thru internet and the money can be collected within the minute. I did it several times, just by texting the code when the person is already in the pawn shop.

    But to be used only in case of emergency, it's really too expensive!
    Yes you're right Yves, but in a bright side leaving in a rural area WU is convenient for me, considering its just a step away from my shopso safer to collect money

    Anyway PNB account will consider in near future
    Don't make promises when you are in JOY. Don't reply when you are SAD.
    Don't take decisions when you are ANGRY. Think twice, Act wise. BE happy.


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