Sending money to Pinas using World Remit

[Terpe]

you think so? i use western union, i sent £750 around May time and they charged 45 pounds. i use thm 2 or 3 times a month to send money to my wife,but today ive discovered their charge has got up from £4.90 for every£ 50 pounds sent to £6.90.im now looking to use someone else.coz i want to send the 58,230 + for my wifes visa next week,but no way am i useing w/union if i can find someone else.my wife doesnt have a bank account so it has to be somewhere she can pick up the cash. i think i'll try WORLDREMIT? i noticed their charge is £2.99 for 50 pounds.

Yes Brian, I personally found their charges expensive compared to others I was using and that's why I stated so. I have no experience of WU as I don't use them.
The rates you picked out to quote have since been reduced as you can see in their post #12

Hi all,

Thank you for your comments. We listened to your feedback and we have reduced our fees for larger amounts. We don’t charge additional fees for using debit or credit cards.

Here is our new fee structure for Philippines.

For £1.00 - £50 is £2.99
For £50.01 - £75 is £3.99
For£ 75.01 - £150 is £4.99
For £150.01 - £300 is £5.99
For £300.01 - £3,500 is £6.99

Visit our website for additional information https://www.worldremit.com/en/philippines or feel free to contact us at. We are here to help

Regards,

WorldRemit Team

I think they now offer a great service with many benefits for you.

[briancol]

thanks Terpe,but are you saying theres someone else even cheaper than Worldremit?

[Moy]

moneygram is ok and reliable..been using that for 2 years when i was back on the philippines , also we use this moneygram when the time that i am about to applied my spouse visa back 2010
but at the moment i use world remit to send small amount to PH for my parents..in every month..

[Terpe]

thanks Terpe,but are you saying theres someone else even cheaper than Worldremit?

Brian, everyone has their own favourite methods, and there are plenty of organisations/banks/remittance companies who will offer to do it for you.

Sometimes cheap is not always cheap.
Service and convenience are also important

The cost is down to both charges and the exchange rates on offer, and often they vary depending on how much you will send.

If you're happy with WorldRemit then I would say stick with them. Their rates are OK, their exchange rates are OK and the service is reliable and convenient.

Don't give yourself more headaches. You have enough to think about

Good luck

[bigmarco]

I always use Iremit and their fees are about £6 for upto £700 on their Visa reloading card and money always seems to be credited to card fairly quickly.

[Terpe]

I always use Iremit and their fees are about £6 for upto £700 on their Visa reloading card and money always seems to be credited to card fairly quickly.

We also use iRemit and have always received great service and great exchange rates.

[briancol]

ok,thank you Therpe,Bigmarco & Moy.for your help & advice.

[Lancashirelad]

Remember* dont just look at the charges also take into consideration the exchange rate.
You need to look at the total recieved fot the total sent and charged. I always used moneygram for the convienience of being able to send from my local post office.

[Eyes O'Donnell]

my husband use iRemit Global Remittance to send money

[briancol]

ok Lancashirelad & Eyes O'Donnell thanks for that, i used Worldremit a few days ago and found it to be a better service than W/Union.& cheaper.

[Rory]

Western Union i think is the most expensive one and the worst exchange rate. I only use it if i have to send money straight away which is not often now, i use world Remit now straight in to bank account, great service in my opinion.

[briancol]

yes Rory ur right about w/union,ive used them for just over a year now and only just realised how expensive they are but no more,ive started using worldremit and im happy enough with their service.thank you for ur reply.

[Stephen550]

Hi
Thanks all and WorldRemit, need to send money soon to my gf, checked WorldRemit site and will now be using them instead of WU who are becoming expensive.
Thank you.

[Terpe]

Hi
Thanks all and WorldRemit, need to send money soon to my gf, checked WorldRemit site and will now be using them instead of WU who are becoming expensive.
Thank you.

Hope you'll find some time to give feedback.
Every little helps

[Stephen550]

Hi all, just opened an account with WR , sent money to my gf, no problems and not as expensive as WU. I would recommend this company.
Thanks for the info.

[Terpe]

Hi all, just opened an account with WR , sent money to my gf, no problems and not as expensive as WU. I would recommend this company.
Thanks for the info.

Thanks for the feedback Stephen

[Rory]

Best exchange rate i have found. Business rate when i sent some money tonight was 68.1 peso and i got 67.3 from WorldRemit

[Marie]

Husband and I are having problem with this company...he transact May 8 but until now there's no message from them and no money are credited to my account....I attached here what they emailed to my husband.......anyone who has the same experience like this?




Dear Michael

Thank you for using WorldRemit online money transfer.

Your transaction for £ xxxx is being processed and a confirmation including the transaction number will be sent to you shortly......

[irishman12]

Hi Marie ,maybe try tomorrow or try to contact them if not ,perhaps next time have a look at http://www.cbngrupo.net/ ,they give a much better exchange rate and i think fees are lower .

[briancol]

ive been using worldremit for a few months now and had no problems with them.

[Dedworth]

Hi Marie ,maybe try tomorrow or try to contact them if not ,perhaps next time have a look at http://www.cbngrupo.net/ ,they give a much better exchange rate and i think fees are lower .

cbngrupo - My wifes always found them to be a good outfit - I phoned up once (this March) did the transfer and the cash was out there in a couple of hours

[Arturo]

Hi everyone,

Thank you very much for your interest in WorldRemit. We are more than delighted that you are considering our company.
However, we would like to correct some information here.

WorldRemit are regulated by FSA. You can also click on FSA certificate on our homepage to see full information.

Also, we would like to confirm to you that we offer very competitive fees, which you can see from the current rates (Nov 2011) shown below.
For £1.00 - £50 is £4.50
For £50.01 - £100 is £5.99
For £100.01 - £300 is £6.99
For £300.01 - £500 is £7.99
For £500.01 - £800.00 is £8.99
For £800.01 - £1000 is £9.99
For £1000.01 - £2500 is £11.99
For £2500.01 - £4500 is £17.99

Since WorldRemit launched its Philippines money transfer service last month, hundreds of Filipinos have already used our service. We hope this will reassure you that our service is safe and convenient.

Should you have any inquiries, please find additional information on our website https://www.worldremit.com/en/philippines or feel free to contact us at your earliest convenience. Our contact details are on our website. We are here to help

Regards,

WorldRemit Team

I used them this week..... be aware then with a bank transfer.. there is a 2 day wait - apparently imposed on the receiving agent by ????? Any glitch with the account numbers, and even when its corrected.. the 2 days cycle starts again.

BPI closed my GF account without notice.. so I sent to the wrong account... sent new account details and advised another 2 day wait to transfer the money..WHY.. the agent has the money already????

[melovesengland]

I am using BPI express online for my remittance and the transfer fees/charge is only £5 , regardless of the exchange rate
..Ive checked the link https://www.worldremit.com/en/home and it quickly change its transfer fees , for the minimum amount of pesos i was trying to send

we are using BPI too. Apart from being so cheap and convinient, is it totaly safe and reliable.

That is the link of the post bout BPI to my old blog which I dont often use now. Hope it helps.

[Angel1403]

Hi,

Yes its safe. We have been using it every month for some time now.

Less charges than WU.

Cheers

I pass through this website called https://www.worldremit.com/en/home. A money transfer service that sends money all over the world including Philippines. Acts like Western Union and they also accept bank to bank transfers which I think is really convenient.

Has anybody here used this service? Is it safe?

[Arturo]

I know this is an old thread.. and I have most which include Worldremit.
They can be competitive on charges etc,.but There can be problems!
If you do bank to bank transfers.. as I have done this week. I sent on Friday night... and was aware of a two day "process" time before transfer to recipient. And was later told.. delays happen when its out of bank hours in Philippines ! Which apparently includes Saturday and Sunday! Accepting Monday as the new week... and assuming the Philippines agency had the funds available to them from Saturday and therefore opening time Monday..... its Wednesday today.. and still no transfer to the Phils bank. If this is typical then forward planning is needed!!

[Terpe]

..... its Wednesday today.. and still no transfer to the Phils bank. If this is typical then forward planning is needed!!

I don't believe this is at all typical for the majority of remittances.
I would follow up on this and find out what the problem is.

[Ian S]

I know this is an old thread.. and I have most which include Worldremit.
They can be competitive on charges etc,.but There can be problems!
If you do bank to bank transfers.. as I have done this week. I sent on Friday night... and was aware of a two day "process" time before transfer to recipient. And was later told.. delays happen when its out of bank hours in Philippines ! Which apparently includes Saturday and Sunday! Accepting Monday as the new week... and assuming the Philippines agency had the funds available to them from Saturday and therefore opening time Monday..... its Wednesday today.. and still no transfer to the Phils bank. If this is typical then forward planning is needed!!

I've been waiting 6 days now for my confirmation number. I'm begining to get fed up waiting. My wife needs the money now but nothing is happening.

[Leen]

after reading worldremit here we decided to give it a try and been using it 7 times and so far we did not encounter any problems with them, tho we are using cash pick up at ML branch,still hesitant to do bank transfer with them but might try in the future

[gWaPito]

We use PNB to send from UK...the receiver does not need any bank account only acceptable ID.

The charges are on per with world remit.

PNB also supply money cards so cash can be received 24hr a day..all at no extra cost to the sender.

[Ian S]

Ok, my first experience with World Remit is turning out to not be a good one. I have been waiting 2 weeks for my transfer and nothing has happened. When I checked on the website today it said that the transfer has been cancelled. I've no idea why this happened so I sent them an Email. I will report on what happens next. Has anybody else had similar experiences?