Pinoys send $11 billion annually from the US back home

With global remittances reaching the new highs the Philippines remains as one of the top recipients with more than $34 billion sent by Pinoys home globally. Nearly a third, $11 billion is sent back to the Philippines annually from the US, according to the Pew Research Center.

With such a staggering sum of money being transferred annually, supporting families back home comes at a cost as Filipinos are charged high fees and unfavourable exchange rates. Tackling this, is Skrill Money Transfer. Thanks to Skrill, now you can send money for free, meaning there is no fee or commission of any kind to pay when you send money from the USA to the Philippines.

Skrill Money Transfer is committed to ensuring that the transfers made using their service are the most competitive possible, and do not cost a penny. They even offer one of the best exchange rates around. You may wonder why Skrill Money Transfer would go to these lengths for customers? Skrill believe that the Filipinos shouldn’t be getting overcharged to send money to their loved ones. Their aim is to become the go-to money transfer service for the US-based Filipino community. Placing the power back in the hands of their customers, Skrill allows to send money thought their website and a mobile app to offer maximum convenience. Both are available 24 hours a day and can be accessed at home, at work and on the go. Pinoy customers also have the opportunity to deposit funds directly into the recipient’s bank account instead of a cash pick up. This is not only much safer with the pandemic raging on. Sending a transfer is very easy – one just need to select the amount to be sent, check the exchange rate and pay with a debit or credit card to initiate a transaction. Your transfer will reach any bank account in the Philippines in the same day.

Take Aldrick for example. He works as an accountant by day. Aldrick’s career enables him to send money back to the Philippines to help friends and family. “Being able to help loved ones out back in the Philippines is something I’m happy to do. It can, however, be difficult when money transfer services charge such high fees and offer such low exchange rates in return. I am worried about the pandemic and avoid sending money in cash.”

 

Things changed when Aldrick discovered Skrill Money Transfer. Working in proud partnership with all Filipino banks, Skrill is able to provide a service helping Aldrick to send money home.

When asked, Aldrick said:

“Now that I have discovered Skrill Money Transfer, I’m able to ensure every bit of my hard-earned money sent to my friends and family is reaching them and not being lost to premium fees and poor exchange rates. The convenience of the mobile app allows me to make transfers from the safety of my home too!”

Skrill Money Transfer is service offered by Paysafe Group, which is a recognised global financial organisation and in operations for over 20 years. Having hundreds of thousands of customers Paysafe is proud of being rated ‘excellent’ on TrustPilot, independent customer reviews platform.

So, what are you waiting for? Why put up with being overcharged by banks and other providers. Join the money transfer revolution and stop paying fees for your remittances to the Philippines. Sign up to Skrill Money Transfer today.

Asian Journal Media Center
Asian Journal Media Center

The Asian Journal Media Center curates information disseminated from both the public and private sector throughout the World. The media center publishes a collection of the World’s most newsworthy topics set forth by our editorial board. Stories that our team of journalists believes are critical, vital, and entertaining information that aspires to help the Global Filipino community make well-informed decisions, opinions, and actions. Our Media Center believes that a well-informed and well-rounded society is a thriving society.

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