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Living and working beyond the borders for your loved ones’ financial support and care is a long-term, challenging pursuit. However, with Western Union, international transactions come in handy.
If you’re outside the Philippines and want to send money back home through Western Union but are unsure of where to start, fret no more.
Delve into this comprehensive blog post featuring the six best tips to send money back to the Philippines using Western Union.
1. Understand the Fees
Understanding Western Union's fees is crucial as they significantly impact the amount of money you intend to transfer. These fees are influenced by various factors, including the transfer amount and payment method (credit card, debit, or bank transfer).
Don’t overlook the recipient's preference for cash or direct account deposit. Being aware of these costs-linked factors empowers you to choose a service that minimizes your expenses.
2. Be Aware of the Foreign Exchange Rates
Since you are sending money to the Philippines, you must know more about the exchange rates currently prevailing in the market. Western Union adjusts its rates from time to time. Before transferring money back to the Philippines, check out exchange rates from usd to cad.
If you find the best rates, you can be sure that your intended recipient will receive the highest possible amount. Keeping track of exchange rates can be beneficial, especially when you choose the right time for the transfer.
3. Select a Proper Mode of Transfer
Western Union introduces many straightforward methods for transferring money. You can also start an online transfer via their website or smartphone application. If you would like to deal with a more traditional approach, you can go to any of their agents.
Consider your own priorities and the priorities of your recipient when making this decision. Your chosen mode of transfer will affect the time taken and the overall convenience of the transaction.
4. Verify Recipient Details
During money transfer, precision is highly valued. Thus, invest your time in cross-checking every detail concerning the recipient.
This consists of their complete name as provided on their I.D., their resident address and all other means of communication. To prevent delays or complications when your recipient seeks to access their cash, it is crucial to ensure that the passed information is accurate.
5. Choose a Convenient Location for Pickup
If the recipient is receiving cash, then choose an agent location so that your recipient can pick up the amount conveniently. Go to the ‘Agent Location Finder’ on www.westernunion.com or launch the Western Union mobile app.
Then, search for agents closest to you and the time they are open. Selecting a location that would be convenient and has the right time of operation will improve the recipient’s experience.
6. Track Your Transfer
After making your money transfer, you can track the status of the transactions in real-time by using Western Union's tracking feature.
This invaluable tool does more than offer you the confidence of knowing where your money is. You can notify the recipient when cash is ready for them to access it so they can stop worrying.
