Has anyone used WorldRemit to send money to the Philippines ?

[melovesengland]

Yup, now my favourite method of transfer, easy process from NatWest direct to BPI, email/txt confirmations all the way. Transfer fees and exchange rate on £500 are about £45 cheaper overall than using NatWests '2 day express service' when WorldRemit can do it as quick as 30 minutes.

weve been using bpi too. very reliable, quick and low fee.

Have a look. https://www.bpieuropeplc.com/page/view/23

[Dedworth]

weve been using bpi too. very reliable, quick and low fee.

Have a look. https://www.bpieuropeplc.com/page/view/23

Interesting to note that BPI is :-

Registered No. 05888535. Authorised and regulated by the Financial Services Authority.

I wonder what if any safeguards there are with WorldRemit ?

[joebloggs]

Interesting to note that BPI is :-

Registered No. 05888535. Authorised and regulated by the Financial Services Authority.

I wonder what if any safeguards there are with WorldRemit ?

Security

Authorised by the FSA

from WorldRemit website.

[Dedworth]

Security

Authorised by the FSA

from WorldRemit website.

Click a bit more and you find it's a bit hollow

http://www.fsa.gov.uk/register/psdFi....do?sid=292956

"Payment services are not covered by the Financial Services Compensation Scheme"

As a BANK operating in the UK BPI are

https://www.bpieuropeplc.com/page/view/16

I'll have to explore if there's an opportunity for me to turn my garage into Remittance HQ