Remitly is a trusted service for sending money internationally to the Philippines. It offers secure and fast transactions. With over 150 countries and 75 currencies supported, Remitly ensures your money reaches its destination quickly and safely. This guide will show you how to use Remitly for sending money to support your loved ones in the Philippines.
The Remitly app makes sending money to the Philippines easy. You can choose from bank transfer, cash pickup, mobile money, or home delivery in some areas. The app is easy to use on both Android and iOS. Each transaction is set up for the recipient’s location, making it smooth and without hidden fees.
Want to know more about sending money abroad? Check out this detailed guide on Remitly USA to Philippines Transfers for all the details.
How Remitly Works for Sending Money to the Philippines
Sending money to the Philippines with Remitly is easy. First, you create an account with your email. This gives you full access to the platform. For more info on how to use Remitly, check their official page.
Then, you pick the amount and currency for the transfer. You also choose how fast you want it to arrive. Economy takes a few days, while Express is almost instant but costs more.
Next, you decide how the recipient will get the money. You can choose bank deposit, cash pickup, or mobile wallet. This choice affects how quickly and easily the recipient gets the money.
After that, you enter the recipient’s details carefully. This ensures the transfer goes smoothly. Then, you pick how you’ll pay, like with a debit or credit card. Remitly accepts many payment methods, including Visa, Mastercard, and Interac cards.
Verifying your account lets you send more money. This can increase your limits based on how often and how much you send. Remitly also lets you send money in over 75 currencies to the Philippines.
Remitly offers tracking to keep you updated on your transfer. These steps make sending money to the Philippines with Remitly both fast and safe.
Guide to Sending Money to the Philippines with Remitly
Sending money to the Philippines with Remitly is easy and safe. First, create an account on their website or mobile app. You can use Android or iOS devices. Then, pick your delivery method and currency.
GCash is a popular choice for its quick and easy access to funds. After choosing GCash or another method, enter the amount you want to send. New customers might get better rates for their first transfer.
- Create a Remitly account and log in.
- Select the country, in this case, the Philippines.
- Choose your delivery method (e.g. GCash, cash pickup, bank transfer).
- Enter the amount and currency you intend to send.
- Provide recipient details, including full name and contact information.
- Select your payment method—debit or credit card payments require the card number, expiration date, CVV/CVC, and that your card name matches the Remitly profile.
- Confirm the transaction and review all details to ensure accuracy.
- Submit the transaction and track its status through notifications via email, SMS, or app messages.
Here is a comparison of different delivery methods and pertinent details:
| Delivery Method | Speed | Cost | Limit |
|---|---|---|---|
| GCash | Instant | Varies | Flexible |
| Bank Transfer | 1-2 days | Varies | Flexible |
| Cash Pickup | Minutes to hours | Varies | Flexible |
| Home Delivery | 1-2 days | Varies | Flexible |
Knowing all your options can make your transaction better. This ensures your money gets to the recipient fast and safely. For more details, check out the Remitly send money to the Philippines guide.
Benefits and Features of Remitly Money Transfers
Remitly is a top choice for sending money to the Philippines. It offers low fees, which are much cheaper than traditional bank transfers. For example, while banks charge $20 to $40 and have exchange rate margins of 1% to 5%, Remitly charges $0 for transfers in pesos. It also costs $4.00 for cash pickups and mobile delivery.
For transfers up to $999, Remitly’s costs are 1.5% of the USD amount plus a $1.99 fee. This drops to 1.0% plus $1.99 for amounts $1,000 and above. This makes Remitly a cost-effective option.
Remitly also offers multiple delivery options. You can choose Express for funds delivered in four banking hours or Economy for 3 to 5 business days. This flexibility helps senders pick the best option based on urgency and cost.
Remitly supports transfers in over 30 countries and allows sending money to more than 170 countries. This makes it a global solution for money transfers.
Remitly ensures secure money transfers with its robust security protocols. It follows high-level data security measures and is licensed and registered in multiple countries. This makes every transaction safe and reliable.
Remitly also provides consistent updates on transfer status via SMS and email. This adds to the transparency and peace of mind for customers.
Remitly’s customer service is tailored to meet the needs of its diverse user base. Available in multiple languages, the support team offers clear and effective assistance. With a transparent fee structure and no hidden costs, Remitly has a competitive edge in the money transfer market.
