11.21.2012

Lowest Remittance Fees from US to Philippines

By Nora
The following money transfer companies and banks are charging possibly the lowest remittance fees from the U.S. to the Philippines.

Money Transfer Company

Remittance fee
or Bank for $500 sent
in US dollars
Wells Fargo$ 4.00
Xoom $ 4.99
RCBC Remittance Center$ 6.00 to 10.00
Lucky Money$ 7.00 to 12.00
PNB $ 8.00 to 11.00
Johnny Air Cargo$ 9.00 to 15.00
MoneyGram$ 9.99 to 13.00
NYBay Remit$ 10.00 to 12.00
LBC Express$ 10.00
Horizon International Remittance    $ 10.00
Western Union$ 12.00 to 22.00

Note: There could be other remittance companies charging lower remittance fees.

Fastest Remittances from US to Philippines 

Among the remittance options above, here are the banks and money transfer companies doing the fastest money transfers or remittances from the U.S. to the Philippines:

Delivery within the hour of remittance transaction:
Xoom
Western Union
MoneyGram
Citibank

Delivery on the Same Day of remittance:
Lucky Money
NYBay Remit

Delivery on the Day After remittance:
Horizon International Remittance
Johnny Air Cargo
LBC Express
NYBay Remit
PNB
RCBC Remittance Center
Wells Fargo

Note: There may be times when remittance is not delivered as fast as described above. This is due to some factors such as a situation in which the remitter needs to use a 3rd party to send to the receiving bank or remittance company.


Send Money to the Philippines.

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