how to send money to Phillipines

[davao12]

just found this one on the web:

http://allmoney.co.uk/Money-transfer...ilippines.html

Looks like reliable company, anyone used their services ? They are quite cheap...

[johncar54]

just found this one on the web:

http://allmoney.co.uk/Money-transfer...ilippines.html

Looks like reliable company, anyone used their services ? They are quite cheap...

Thanks for this info, however, with the collapse recently of one such company, I have tried to check out what insurance guarantee the company have. There is none shown on the web site.

I have emailed them asking that question and also what the total charges are for a transfer. I will report back.

[Steve.r]

Thanks for this info, however, with the collapse recently of one such company, I have tried to check out what insurance guarantee the company have. There is none shown on the web site.

I have emailed them asking that question and also what the total charges are for a transfer. I will report back.[/COLOR]

Nice one John

[Dedworth]

Thanks for this info, however, with the collapse recently of one such company, I have tried to check out what insurance guarantee the company have. There is none shown on the web site.

I have emailed them asking that question and also what the total charges are for a transfer. I will report back.[/COLOR]

I wouldn't wait up for an answer - they sound like a bunch of shysters operating from an ansaphone and accomodation address. Their Mickey Mouse website shows their e mail contacts as

Support: support{at}allmoney{dot}co{dot}uk

General: info{at}allmoney{dot}co{dot}uk

Management: avet{at}allmoney{dot}co{dot}uk

Why don't you use your contacts in Scotland Yard and get the Money Laundering Squad to check them out ?

[johncar54]

Thanks for this info, however, with the collapse recently of one such company, I have tried to check out what insurance guarantee the company have. There is none shown on the web site.

I have emailed them asking that question and also what the total charges are for a transfer. I will report back.[/COLOR]

That was over a week ago, No reply. I won't be using them.

[joebloggs]

That was over a week ago, No reply. I won't be using them.

did you contact PNBs rep in Spain John ?

[johncar54]

I made the transfer on 26th Jan, using CHAPS, the cost was £25 fixed charge, that worked out at 0.05% as the amount was £48,000. The money was in the account in RP within a couple of hours.

The exchange rate was 69,175 (almost the interbank rate on the day)

Incidentally Nationwide messed up and delayed the transfer by a day. The rate fell slightly in that day (0.003). After complaining I got the refund for the lower rate (£144.50) plus £150 compensation.

Nationwide Debit card is still a reasonable way of drawing cash in RP I believe, even though they now charge £1 + 1%, but the rate is just about interbank.

If you have a better/cheaper way (with the interbank exchange rate) I would be pleased to know.

[Dedworth]

Incidentally Nationwide messed up and delayed the transfer by a day. The rate fell slightly in that day (0.003). After complaining I got the refund for the lower rate (£144.50) plus £150 compensation.

Well done - a great result !

[Dedworth]

just found this one on the web:

http://allmoney.co.uk/Money-transfer...ilippines.html

Looks like reliable company, anyone used their services ? They are quite cheap...

Did you send your money via these people ?

[davao12]

Dedworth, not yet, I am visiting their offices on Oxford Street tommorow, will let you guys know my thoughts...

[Steve.r]

To he quite honest, why bother going with an unknown risky source, when there are so many used and verified methods ??

[Dedworth]

Dedworth, not yet, I am visiting their offices on Oxford Street tommorow, will let you guys know my thoughts...

Anything to report ?

[Chillyzizily]

You can use different remittance company in UK, charges are much cheaper than sending it by SWIFT or IBAN...There's PNB in UK, I've been using PNB for years now, you can send by dropping by 'n their branches / by phone or by online..and if your beneficiaries have PNB accounts your money will be transfered 'n seconds.