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Thread: World Remit

  1. #1
    Trusted Member stevewool's Avatar
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    World Remit

    We have been sending over a little cash these last few weeks and we use World Remit, we send £500 at a time and the charge is just over £6,
    I think the charge is good and sometimes they do a half price charge too, so then its down to just over £3 which is even better,
    What do others use and is there a better way of sending cash


  2. #2
    Respected Member imagine's Avatar
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    WorldRemit is good, I used them before I started PNB Europe


  3. #3
    Respected Member SimonH's Avatar
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    We use Metro Remittance Bank, I think it's a £7 fee but the exchange rate is always good.
    At the end of the day who ever you use the fees are totally irrelevant, one sender maybe charging x% another £5 and another £25, it's the rate of exchange you have to look at, forget the fees just work out how many Peso's arrive at the other end


  4. #4
    Respected Member imagine's Avatar
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    Simon, you're dead right, it is the exchange rate they give that matters, PNB Europe do a good exchange rate, I can't fault them


  5. #5
    Trusted Member stevewool's Avatar
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    The last few times the rate has been around 73/74 pesos to the pound, which i think is fine


  6. #6
    Respected Member imagine's Avatar
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    PNB Europe, to PNB in Phil, £1000, £5.50 charge, = received amount 73,350.00 9th June

    £2000, £7 charge = received amount 149,100, 16th June

    £2000, £7 charge = received amount 149,700, 18th June

    £2000, £7 charge = received amount 149,100, 30th June

    Well happy with that


  7. #7
    Trusted Member stevewool's Avatar
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    Quote Originally Posted by imagine View Post
    PNB Europe, to PNB in Phil, £1000, £5.50 charge, = received amount 73,350.00 9th June

    £2000, £7 charge = received amount 149,100, 16th June

    £2000, £7 charge = received amount 149,700, 18th June

    £2000, £7 charge = received amount 149,100, 30th June

    Well happy with that
    I would be too


  8. #8
    Trusted Member mickcant's Avatar
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    Quote Originally Posted by stevewool View Post
    We have been sending over a little cash these last few weeks and we use World Remit, we send £500 at a time and the charge is just over £6,
    I think the charge is good and sometimes they do a half price charge too, so then its down to just over £3 which is even better,
    What do others use and is there a better way of sending cash
    Steve, if you send me cash, I will pay all the charges
    Mick.


  9. #9
    Respected Member alanp's Avatar
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    My wife uses CBN Grupo - good rates and only 5 pounds charge.
    As life is to live so love is to give


  10. #10
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    Quote Originally Posted by alanp View Post
    My wife uses CBN Grupo - good rates and only 5 pounds charge.
    Same here


  11. #11
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    Quote Originally Posted by mickcant View Post
    Steve, if you send me cash, I will pay all the charges
    Mick.
    Likewise. In fact I'll pay him a fiver.


  12. #12
    Respected Member imagine's Avatar
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    Got 74.3500 PNB exchange today


  13. #13
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    Looks like it's creeping down.....

    Wonder if I should wait a bit or take a chance now


  14. #14
    Trusted Member stevewool's Avatar
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    Quote Originally Posted by Terpe View Post
    Looks like it's creeping down.....

    Wonder if I should wait a bit or take a chance now
    Thats the million dollar question, pity we just dont know the answer


  15. #15
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    Quote Originally Posted by stevewool View Post
    Thats the million dollar question, pity we just dont know the answer
    I bottled it at 74.28


  16. #16
    Trusted Member stevewool's Avatar
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    Thats a good rate


  17. #17
    Respected Member Michael Parnham's Avatar
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    It's 74.10 at this moment in time!


  18. #18
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    I've a feeling it might creep up a bit before falling to 73


  19. #19
    Respected Member imagine's Avatar
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    74,650 right now PNB Europe


  20. #20
    Respected Member Rory's Avatar
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    I just sent money last night with WorldRemit. Like most people, I use one I trust and have used before. I have been using WorldRemit for the last 2 years. I trust WorldRemit well. I used to send Western Union but they are very expensive if sending small amounts. Anything over £1000 with Western is better that World Remit because of the exchange rate but the fees are high.

    I was a verified user on Western Union, then one day they refused me and wanted to know everything, where the money was from, what was it for, who was the people or person I was sending it to?? I gave them all the information they wanted but they are a real ball ache sometimes so do not use them, only World Remit for now.

    Have been sending £1000 a month for the last 2 years to bank account with WorldRemit and I will be using them until further notice.


  21. #21
    Respected Member Michael Parnham's Avatar
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    Quote Originally Posted by imagine View Post
    74,650 right now PNB Europe
    Correct, just transferred some more!


  22. #22
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    We sent more this afternoon at 74.66
    Not sure if it will get much higher before a bit of a fall

    If it does then we'll miss out for while......


  23. #23
    Respected Member Rory's Avatar
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    Maybe a silly question, but sending money via PNB Europe, can it only be sent to PNB accounts, or can I send it to a different bank in the Philippines?


  24. #24
    Respected Member aprilmaejon's Avatar
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    Quote Originally Posted by Rory View Post
    Maybe a silly question but sending money via PNB Europe, can it only be sent to PNB accounts, or can I send it to a different bank in the Philippines?
    You can also send to different Banks in the Philippines. I sent some money to my brothere's BPI account and my mother's Landbank account before. It took 1-3 working days to process though.

    I availed the PNB Global Filipino Card for my beneficiary (my mum), and everytime I send the money to that card, it can be collected or withdrawn straight away...


  25. #25
    Respected Member Rory's Avatar
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    Thank you for that. Just a great exchange rate with PNB Europe, I might give it a go.


  26. #26
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    Quote Originally Posted by aprilmaejon View Post
    I availed the PNB Global Filipino Card for my beneficiary (my mum), and everytime I send the money to that card, it can be collected or withdrawn straight away...
    That Global Filipino Card is a great idea. We're finally getting around to it and going to PNB next week to sort a couple out.


  27. #27
    Respected Member aprilmaejon's Avatar
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    Quote Originally Posted by Terpe View Post
    That Global Filipino Card is a great idea. We're finally getting around to it and going to PNB next week to sort a couple out.
    You don't need to go to the branch neither, I registered to PNB remittance by post...then phoned them to avail the Global Filipino Card after they confirmed my account registration.


  28. #28
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    Quote Originally Posted by aprilmaejon View Post
    You don't need to go to the branch neither, I registered to PNB remittance by post...then phoned them to avail the Global Filipino Card after they confirmed my account registration.
    We need to go for other reasons....two birds with one stone.
    Hopefully we'll be going to the Philippine Embassy too


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