great new money transfer service

just used a new money transfer service and got 49.25 per usd dollar and the first transfer was free after that 3.99 usd per transfer
I put a link here

http://remit.ly/13k9bn0

 

Hey it looks like you can not send from here to USA ???

 

Maybe there was a mistake.

I clicked on the link and the exchange rate is only 46.54 PHP per dollar.

More money makes it home with Remitly. Get ₱46.54 per dollar plus $15 off your first transfer. This offer won’t last, send today!

Looking at the Thomson Reuters conversion rate for the last month has been flat at 48.10 PHP per USD.

Are you sure you are getting 49.25 PHP per USD ? I noticed the link you posted includes a referral code. Are you getting credit for new customers?

https://www.remitly.com/us/en/share-usa-phl?utm_campaign=usa-phl-15-15-discount-oct2020_m1&ref_code=468571fb&utm_source=referralprogram&utm_source=DI&sd=DsD0jsDjs0&utm_medium=copy&utm_medium=referral&$fallback_url=https://www.remitly.com/us/en/share-usa-phl?utm_campaign=usa-phl-15-15-discount-oct2020_m1&ref_code=468571fb&utm_source=referralprogram&sd=DsD0jsDjs0&utm_medium=copy&_branch_match_id=754065336563136831

 

A quick "google" search turns up this: "
Is Remitly a US company?
Registered in the U.S.A. Only Remitly, Inc. is not licensed to provide the Service outside of the United States of America. As a result, the Service may not be available for use in countries other than the United States." [I think the word "only" should not be capitalized. A common "spell check" error capitalizes it after an abbreviation with period.]

 

I think this is the same as remitly.com and I found them a few years ago to be the most terrible of about 8 transfer services I tried. This rate you quote is a new customer offer and there does seem to be an issue as shown further below. I think they just want to grab customers (nothing wrong about that) but if they are anything like they were before then God help the customers.

When I used them it was okay very briefly, then they started to demand masses of paperwork, including copies of receipts to prove my spending. I pointed out that the money was for future purchases and so how could I give receipts for things I have not yet purchased - it was like talking to a brick wall and they continued the same demands. Their rates were not very good either! After about 30 crazy email exchanges with them I just stopped using the 'service' (with a VERY big SIGH of relief) and now use Transferwise (often best rate and best service).

This is a snip today from a 'mock' transfer I entered:



It shows this as a new customer offer and the rate as 49.25 and zero fees - on the right side it shows the fee as zero (so means they were treating this transaction as a new customer?) but the rate was 47.89 for $1000. Therefore, either this was for new customers and the rate is not 49.25 OR (more likely) is this is the rate they will offer after the first transfer (confused as @SkipJack wrote above "I clicked on the link and the exchange rate is only 46.54 PHP per dollar.") - something not clear here and reflecting my experiences with them.

Whatever the situation, I am very confident that Transferwise (and BCremit for UK customers) is a far better choice, unless Remitly have transformed their attitudes (and rates) amazingly. Remitly? My opinion: AVOID.

 

CAN YOU SEND MONEY ROM HERE TO USA WITH TRANSFERISE AND VICE VERSA ??

 

At the moment TransferWise does not accept money from Philippine banks. So you cannot send money from the Philippines to anywhere using TransferWise.

On the other hand you can use TransferWise to send money from most countries to a Philippine bank account. Many members on this forum recommend TransferWise for sending money from the US or Europe to the Philippines.

From what I read online it is possible to wire transfer money from a Philippine bank to a foreign bank. This is probably the safest way with slightly higher fees.

If you need to send small amounts to an individual you can use Western Union.

This site shows that WorldRemit accepts money from Philippine bank accounts.

https://www.finder.com/ph/international-money-transfers/send-money-to-usa

 

I use TransferWise from Aust to a few country's just about weekly, check the rates once and awhile but always the best.

The travel card is rubbish.

 

I have been using Remitly for several years to send money to the Philippines from the US. It is fast and reliable, and the $3-$5 USD transfer fee is nominal. No fees for the recipient.