Sending money to Pinas using World Remit

[ConfusedMe]

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?

[lykayu01]

Hi there me and my hubby use cbn grupo with connections in bdo i receive money no hassle and good rate... My card is bdo kabayan

[ConfusedMe]

Thanks for the tip lykayu01. Will check it out

[sars_notd_virus]

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

[Terpe]

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

That's very true sars.
I just checked about sending £250 to Phils bank account and the fee came out at £8.21
For £500 it is £11.92
For £750 it is £15.63
For £2000 it is £34.18

Hmm, very expensive charges.

[sars_notd_virus]

That's very true sars.
I just checked about sending £250 to Phils bank account and the fee came out at £8.21
For £500 it is £11.92
For £750 it is £15.63
For £2000 it is £34.18

Hmm, very expensive charges.

The transfer fee/charges are ok if youre only sending up to £100 , but its more expensive if you need to send more ...

[Terpe]

The transfer fee/charges are ok if youre only sending up to £100 , but its more expensive if you need to send more ...

Yes, I checked again for £100 and under and not too bad.

[briancol]

That's very true sars.
I just checked about sending £250 to Phils bank account and the fee came out at £8.21
For £500 it is £11.92
For £750 it is £15.63
For £2000 it is £34.18

Hmm, very expensive charges.

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 gone 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.

[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.

[Mrs.P]

My husband uses paypal if not too urgent. i have EON/Union bank that is linked to paypal, so whenever he sends i would just transfer it to my EON and would get the money in 4days. i think they charge £5 for any amount he sends.

[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.

[joebloggs]

to reduce risks of losing your money,
it might be wiser to use those that are regulated by the FSA and are members of the British Bankers' Association, like PNB Europe

[scottishbride]

to reduce risks of losing your money,
it might be wiser to use those that are regulated by the FSA and are members of the British Bankers' Association, like PNB Europe

I agree with Joebloggs. I also use PNB europe to send money to Phil. Safe and quick.

[WorldRemit]

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

[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????

[Terpe]

Thank you WorldRemit Team.
I agree that your service does offer some benefits.
IMO though your service charges do not appear to appear to be competitive enough for transfers above £100

Perhaps if you could find a way to agree to provides charges below £6.00 at £1000 and below you may well find an customer base willing to switch.
Provided of course that the exchange rates remain competitive..

Personally speaking you offer no incentive for me to switch at those specific fee rates.

Good try though.

[WorldRemit]

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

[ConfusedMe]

Thanks so much for this information World Remit. I always wanted to do things online as it is more convenient.

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

[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.

[kester]

I have used wrd remit since they started and have been very pleased with the service I receive. They send texts telling you when money collected and also a text to recipient telling them that the mney is there to collect. Certanly a big improvement on WU for anyone wanting to send money instantly and fairly cheaply.ML'Huillier is everywhere so easy t collect and no hassle just ay with card and no extra charge.

We have no ink with the company.

Paul & Gege

[kester]

Oops sorry for bad typing above!

P

[GraceAdam]

Hi Donah,

I used to send money to Grace via paypal to paypal there is no deduction for me but when I will send money below 7,000 pesos the bank will only get 50 pesos but if its 7,000 pesos above, its for free.. just sharing

goodnight

[ConfusedMe]

I always wanted to send money through Paypal but my parents doesn't have Paypal at the moment. It's going to be a nightmare teaching them how to use it... hehehe

Hi Donah,

I used to send money to Grace via paypal to paypal there is no deduction for me but when I will send money below 7,000 pesos the bank will only get 50 pesos but if its 7,000 pesos above, its for free.. just sharing

goodnight

[Rory]

Just used WorldRemit for the first last week, straight in to my girlfriends bank account, all was good. I will be using it again as the exchange rate was good as well.

Hi Donah,

I used to send money to Grace via paypal to paypal there is no deduction for me but when I will send money below 7,000 pesos the bank will only get 50 pesos but if its 7,000 pesos above, its for free.. just sharing

goodnight

You are saying the bank only charges 50 peso for this transaction if you send less than 7000 peso? I always thought paypal charged you for taking money out of your paypal account.

[mistermatty]

i wonder if i can use this to send money to myself online from the phils so i can avoid the rip off UK bank charges ?

[raynaputi]

Hi Donah,

I used to send money to Grace via paypal to paypal there is no deduction for me but when I will send money below 7,000 pesos the bank will only get 50 pesos but if its 7,000 pesos above, its for free.. just sharing

goodnight

The 50 pesos fee is the Paypal fee for transferring money from Paypal to a Philippine bank for money below 7000..Once the money is transferred in the bank, the bank would charge 200 pesos as transaction fee (I'm not sure if it's transaction fee or bank transfer fee)...so if for example you transferred 5000 pesos (which is below 7000) via Paypal, your wife or gf would get 4750 pesos. If you transfer 7000 pesos, your gf or wife would get 6800 pesos. I still consider it cheap since others would charge you around a thousand or more..

[juvyjones28]

Hi Donah,

I used to send money to Grace via paypal to paypal there is no deduction for me but when I will send money below 7,000 pesos the bank will only get 50 pesos but if its 7,000 pesos above, its for free.. just sharing

goodnight

I agree. My husband also use Paypal to send me money sometimes and It always worked well

But he still prefer to use WU cos 10 mins after he sent I can then pick it up at any WU branch. I'll tell him to try world remit next time

[Rory]

I agree. My husband also use Paypal to send me money sometimes and It always worked well

But he still prefer to use WU cos 10 mins after he sent I can then pick it up in any WU branch. I'll tell him to try world remit next time

I did notice that the worldRemit took 24 hours but not sure if this was because i started the transaction at 5.30pm UK time.