Money Transfer FROM Philippines to USA

[J_d_Petitioner 17]

Have anyone here tried sending money FROM Philippines to USA?

What's the best (cheapest and fastest) way of doing it?

I'll have my parents send me a large amount from the Philippines.

[teddy k 35]

Have them send it from their bank in phil to your bank in u.s. Its cheap and safer that way

[Greenbaum 12,262]

If this is a one time transfer then do a bank wire transfer. Safer and very fast. Send the money in USD. Good luck.

[J_d_Petitioner 17]

Have them send it from their bank in phil to your bank in u.s. Its cheap and safer that way

I forgot exactly who they bank with, I believe it's either BDO or PNB, does either of them able to transfer funds to my US account?

If this is a one time transfer then do a bank wire transfer. Safer and very fast. Send the money in USD. Good luck.

Yes it is a one-time transfer. Correct me if I'm wrong, with wire, you mean like Western Union wire or bank to bank transfer?

I wonder if anyone have done it before and how fast was it + how much did it cost?

I'm trying to avoid Western union as they're too costly and Paypal due to the small amount limit.

Thanks!

[teddy k 35]

Have them send it from their bank in phil to your bank in u.s. Its cheap and safer that way i use BDO BANK IT COST ME $7.00 TO transfer 1500.00

[teddy k 35]

Have them send it from their bank in phil to your bank in u.s. Its cheap and safer that way i use BDO BANK IT COST ME $7.00 TO transfer 1500.00 usd

[Greenbaum 12,262]

I forgot exactly who they bank with, I believe it's either BDO or PNB, does either of them able to transfer funds to my US account?

Yes it is a one-time transfer. Correct me if I'm wrong, with wire, you mean like Western Union wire or bank to bank transfer?

I wonder if anyone have done it before and how fast was it + how much did it cost?

I'm trying to avoid Western union as they're too costly and Paypal due to the small amount limit.

Thanks!

Transfer from bank to bank. I have not had experience but banks do this all the time. I use a transfer from US Bank to RP Bank and the transaction here is $5.00 and takes minuets to arrive in her account.

[DHEL_IR1 3]

i did sent money from phil to US using a western union expensive... i think is better bank to bank. much cheaper

[J_d_Petitioner 17]

Thanks for the responses! My Mom asks WU and they charge PHP 1,200 for amounts PHP11,000-200,000. I think it's too much. Not sure about how to do Bank to Bank if it is being sent FROM the Philippines. Guess best option is WU as it is the quickest and surest i know.

[maricel3155 1]

Hi All,

To all of you have given advised. You forgot to tell the recipient that there's a bank end charge in the US which cost alot more than the sender's bank. You're only providing info from the bank charge in the Philippines. My advise is to check first your bank in the US if it's wells fargo, US bank, bank of america. Mine I use travis union bank. They don't charge bank end. Try to check it.

Regards.

[J_d_Petitioner 17]

Hi All,

To all of you have given advised. You forgot to tell the recipient that there's a bank end charge in the US which cost alot more than the sender's bank. You're only providing info from the bank charge in the Philippines. My advise is to check first your bank in the US if it's wells fargo, US bank, bank of america. Mine I use travis union bank. They don't charge bank end. Try to check it.

Regards.

Thanks for the info maricel3155. I didn't know that the receiver's bank does charge fee. I will definitely check with my bank.

[DavenRoxy 1,073]

I don't know of any banks that charge to RECEIVE money in the USA.

What you are looking for is a wire transfer. The only way to know what it will cost is to go to the bank and ask them. My bank here charges $35 to wire money internationally, and that's for amounts from tiny to over $10,000. By far, it will be the cheapest way (to send it fast).

Actually, that is NOT true... a cashier's check drawn against the PI bank and sent to you would be the cheapest. All you have to do is wait for it to arrive.

Most banks allow you to snap a picture of the check and deposit it, but that only works for domestic personal checks, not international nor cashier's checks, sorry.