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.