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Wednesday, January 28, 2009

The Safest Ways to Send Money to the Philippines

By Chloe Banks

When sending money to the Philippines, there are a variety of options of how to ensure your money gets there quickly and safely.

In case of an emergency you may need to know how to send money as quickly as possible. It is important to know your options when sending money to the Philippines. The most pressing thing to remember is don't panic. Prepare now to have everything in place to initiate a transfer when necessary.

A good way to make quick payments is through an on-line service such as ATM Cash. The money is then available almost instantly.

Often sending money online is easiest and quickest way to get money to the Philippines. These services allow you to send money 24/7 from your computer.

Transferring money through a debit or ATM card is another way to get it to the Philippines quickly. If you trust the recipient it is often useful for them to have a bank card linked to your account.

This way the cardholder will have access to your account at all times through a card or PIN number that they could draw cash from an ATM machine with. This method is useful as long as you trust the cardholder.

If you do not want the recipient to have full access to your account, a pre-paid debit card could be a good alternative. It is used just like an ATM card but with a specific amount of money available for withdrawal.

The recipient will only have access to funds when you refill the card. All you would have to do is notify the cardholder when money is available.

Opening an account at a bank with branches in both the Philippines and the US is another quick way to send money. This way it is easier to transfer money between accounts.

These are some of the options of transferring money to the Philippines to ensure quick and safe delivery.

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