Xoom
Xoom Corporation is an online-to-offline international money transfer service. They offer a secure, fast, and inexpensive means of sending money from their website to offline recipients in the following growing list of countries:
Recipients do not require a bank account or Internet connection to receive funds.
Xoom is a great way to send money to The Philippines. The cash can be picked up at over 400 Equitable PCI Bank locations. FREE delivery is also available in many areas. Xoom is much less than Western Union especially on small amounts like under $200 the fee is usually half that of Western Union (i.e. send $50 for only a $5 fee). Even on larger amounts the savings are substantial and in many cases the locations are much more convenient as Equitable PCI Bank has branches in small towns and shopping areas all over The Philippines. While you need Internet access and a bank account or credit/debit card to make a transaction, the recipient does not need either a bank account or Internet connection to get the money. You will receive an email notification when the money has been delivered or picked up.
They have an arrangement with PayPal to actually transfer the money. PayPal offers ease and flexibility, accepting all major credit cards (Visa, Mastercard, Discover, and American Express), as well as all major debit cards and direct transfers. PayPal successfully completes over 600,000 transactions per day with over 30 million accounts in 38 countries worldwide. Equitable PCI Bank is very respectable Bank in Philippines so use the Xoom service with confidence.
Cons: Above normal currency rate exchange upon transaction.
Go Xoom
