Fund transfer from Philippines to USA

[RIDION 0]

Hi! I've read a lot of posts about sending money from the US to the Philippines but I would like to know the other way around. Anybody who had experience this, please share...thank you.

[adiiann 163]

Hi! I've read a lot of posts about sending money from the US to the Philippines but I would like to know the other way around. Anybody who had experience this, please share...thank you.

Try Western Union... although they charge higher...

[tedjen 0]

Western Union--but this is too high...

Try to inquire to your bank... You maybe put money to the recipients account...

[RickieAndEva 0]

Eva and I use Xoom.com direct transfer to a bank account. Its cheaper than Western Union.

[RIDION 0]

Western Union--but this is too high...

Try to inquire to your bank... You maybe put money to the recipients account...

Salamat kabayan. Indeed, western union is too expensive & I guess impractical especially if its a big amount. I've researched on PNB online banking since I have an account w/ them in the Philippines but they can only transfer in the same currency, & if I have a US PNB account which I don't.

[RIDION 0]

Eva and I use Xoom.com direct transfer to a bank account. Its cheaper than Western Union.

Can I use xoom.com in transferring money from the Philippines to the USA? Maraming salamat...

[RickieAndEva 0]

Eva and I use Xoom.com direct transfer to a bank account. Its cheaper than Western Union.

Can I use xoom.com in transferring money from the Philippines to the USA? Maraming salamat...

I dont know? Check the website. I have not tried that.

[Jose Rizal 1]

Banco de Oro. Wala pang local charges. Kung walang account, pwede withdraw from any branch.

[RonnieKris 26]

I use Xoom too. They have a 2,000.00 a day limit i believe.

Edited October 17, 2008 by RonnieKris

[RIDION 0]

I use Xoom too. They have a 2,000.00 a day limit i believe.

Can't find the USA in the recipient countries @ xoom.com. Guess it's just sending from the US & not vice versa. Anyway, thanks.

Edited October 17, 2008 by RIDION

[STEPHnRIA 2]

Open an account in BPI or BDO and send the atm visa card in the US. That person can withdraw money thru atm up to $400 a day for a service charge of $2 per withdrawal. That's how my parents sent me money when I was in the US for months.

Edited October 17, 2008 by STEPHnRIA

[Jose Rizal 1]

Open an account in BPI or BDO and send the atm visa card in the US. That person can withdraw money thru atm up to $400 a day for a service charge of $2 per withdrawal.

Citibank Philippines allows fund transfers to the US. I think most banks do. But you must also get the corresponding bank's routing and swift numbers. Sending an ATM to the US may be the most convenient way to do it as what Ria has mentioned.

Edited October 17, 2008 by Jose Rizal

[Mitchamy 0]

Hi, you can withdraw any currency using ATM with cirrus/maestro any where.

[PingLocalHostess 1]

I dont know if it could get any cheaper than this. You just need to setup an account in any Wells Fargo Bank in the US and BPI in the Philippines. The Wells Fargo Bank wont charge you but BPI might... they said they'll charge $6 every transfer irregardless of what amount. I said "might" coz in all our fund transfers, they didnt charge me. I got the funds as it was sent.

For the beneficiary/recipient in the Philippines, go to BPI and setup an account - BPI Express Teller account. Its an ATM account. You can do so with P500. You just need to give them 1X1 pictures, proof of billing and valid ID. You need to fill up and sign some forms. In 30 minutes to 1 hour, they'll give you your Express Teller Card. They'll ask you to use their ATM machine and change the password. After 3 months, there has to be a maintaining balance of P3000 or they'll charge you.

Now for the remitter/sender look for a Wells Fargo Bank (in partners with BPI) in the US. Setup an account (of course). Then setup a Global Remittance Account or Wells Fargo ExpressSend Remittance Account. They will ask you for the name of the beneficiary, EXACT address and account number of the BPI Express account. After all of that, Wells Fargo will send you a letter (snail mail) that will ask you to confirm the setup of the Global Remittance Account. NOW you can transfer funds to the BPI account, FIRST FUND TRANSFER SHOULD BE DONE OVER THE COUNTER (security measures). After that, you can just call the bank hotline and ask them to transfer funds to the BPI account anytime (they are 24/7).

In 2-3 days, your beneficiary will receive the amount you sent. He/She can just withdraw it from any BPI ATM machine.

You can also use the BPI Express Card outside the Philippines too..... you just have to look for a cirrus ATM.

Edited October 17, 2008 by PingLocalHostess

[RIDION 0]

Open an account in BPI or BDO and send the atm visa card in the US. That person can withdraw money thru atm up to $400 a day for a service charge of $2 per withdrawal. That's how my parents sent me money when I was in the US for months.

Maraming salamat sa inyo. Should it be a dollar account? And in my name or anybody in my family will do?