RemitPinas: Send Money to the PH Online
Aug 2, 2013
Filipinos abroad with credit cards who are looking for a fast and convenient way to send money to the Philippines can try RemitPinas. This remittance company is powered by Cashsense Inc. and allows OFWs to send money online by using any Visa or Mastercard credit/debit cards. They also boast of offering the lowest fees and best foreign exchange rates.
The maximum amount that one can send via credit card is USD1,000. Their official site also allows sender to track their remittances online by using their receipt number.
This remittance company is available 24 hours a day, seven days a week (24/7). Transactions for delivery are processed from 9:00 A.M. - 5:00 P.M. Mondays-Fridays (Pacific Time) except during U.S. holidays.
Beneficiaries can receive money through the following:
· Cash Pickup (Cebuana Lhullier Peso or Palawan Pawnshop)
· Bank Deposit
· Door to Door Delivery (Within Metro Manila only)
· CashSense Card – One can avail of CashSense Card which works as an ATM / debit card that can be used to withdraw funds, at the beneficiaries convenience, from any MEGALINK ATM all over the Philippines. It works as a debit card that will enable beneficiaries to purchase goods, groceries, school supplies, pay bills, pay tuition fees, etc through accredited merchants of VISA.
How to Send Remittance thru RemitPinas:
1. Be a Registered Member of RemitPinas.
2. Verify your identity and register your information, as well as the information of your designated beneficiary/recipient
3. Upload current Government Issued Identification
4. Correctly enter your credit card information and indicate the amount to be sent.
5. Upon verification of your identity and credit card approval, the transaction is confirmed and processed for delivery according to your instructions
Login with your username and password.
6. Choose how your recipient will receive funds.
7. Choose a payment option.
8. Enter an amount to send and confirm your transaction.
9. Notify your beneficiary that their money is on the way.
How much does it cost to send money thru RemitPinas?
Check their fee chart below:
Credit Card Rates Amount 50 - 100 101 - 200 201 - 300 301 - 400 401 - 500 501 - 600 601 - 700 701 - 800 801 - 900 901 - 1,000
|
USD 7.50 USD 13.00 USD 17.50 USD 21.00 USD 25.50 USD 29.00 USD 33.50 USD 37.00 USD 41.50 USD 45.00
Note: For Cebuana Pera Padala, additional USD 3.00
|
Credit Card Rates (CanadianDollar)Visa/Mastercard Amount 50 – 100 101 - 200 201 - 300 301 - 400 401 - 500 501 - 600 601 - 700 701 - 800 801 - 900 901 - 1,000
|
Rates CAD 8.00 CAD 13.50 CAD 17.00 CAD 20.50 CAD 24.00 CAD 27.50 CAD 31.00 CAD 34.50 CAD 38.00 CAD 41.50
Note: For Cebuana Pera Padala, additional CAD 4.00
|
Credit Card Rates (Japanese Yen)Mastercard
Amount 5,000 - 10,000 10,001 - 20,000 20,001 - 30,000 30,001 - 40,000 40,001 - 50,000 50,001 - 60,000 60,001 - 70,000 70,001 - 80,000 80,001 - 90,000 90,001 - 100,000
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Rates JPY 999.00 JPY 1,499.00 JPY 1,999.00 JPY 2,499.00 JPY 2,999.00 JPY 3,499.00 JPY 3,999.00 JPY 4,499.00 JPY 4,999.00 JPY 5,499.00
Note: For Cebuana Pera Padala, additional JPY 300 |
Visit RemitPinas website for more information.
Have you availed or currently using this OFW product? Let others know your experience by leaving a comment below.