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Compare Euro Member Countries to peso For Sending Money to Philippines from Finland
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About Finland and Philippines
Finland and the Philippines established their diplomatic relations in 1955. Today, these two countries are close and share a lot of resources. With a good number of migrants from the Philippines residing in Finland, there is a dire need to send money from Finland to Philippines. The rise of money transfer services has made it difficult for many people to find the best way to complete their transfers. Keep in mind that most migrants have the responsibility of sending money back home regularly. Some support big projects and need to send large amounts of money occasionally. At ERIQ, we help money senders avoid make the best choice for completing their transfers.
Cheap way to send money from Finland to Philippines
There are so many reasons as to why one may want to send money from Finland to Philippines. That makes it hard to settle on a single method as the best option. However, if you have to transfer money from Finland to Philippines today, you are most likely to use one of the following options:
Online transfer: Money transfer apps are the most used method for sending money around the world. It is safe to say that they are the cheapest way to send money from Finland to Philippines with services like XE Money allowing you to send money for free. It is, however, good to know that the cost of your online transfer service will depend on a lot of things including how much money you want to transfer. There are some online money transfer services that will enable you to send money from Finland to Philipinnes instantly. However, they may have a hefty transfer fee. According to users, some of the top online money transfer services to use when sending money to Philipines from Finland include; Remitly, XE Money,Xoom, Ria, CurrencyFair, Azimo, TransferWise, and, TransfeGo.
Bank transfer: You can always transfer money from your bank account directly into a bank account that is in the Philippines. Bank transfers have been around for a long time and are one of the first ways ever of sending money internationally. With the introduction of mobile banking, you can even initiate your transfer without having to go to the bank. When using ban transfer, first confirm if the bank you wish to use offers the service. You will also want to check on the exchange rates so that you can avoid low rates that will see you spend more for your transfer. Bank transfers naturally take longer, between three to five days to clear and is considered one of the safest ways of sending money from Finland to Philipinnes.
Cash delivery services: cash delivery is one of the fastest ways of sending money from Finland to Philippines. In the modern world, a cash delivery company needs to be well spread in terms of the countries they serve. That way, they are able to convey money from one country to the other within the shortest time possible. Western Union is one of the top cash delivery services that you can trust to send money form Finland to Philipinnes. To add on that, they have the western union app that enables you to intiate your transfer without giving your comfort or what you were doing. Other than Western Union, you can also consider MoneyGram.
Factors to consider when sending money from Finland to Philipinnes
If you want t send money to the Philipinnes successfully, you will need to take the following factors into consideration;
- Cost of transfer: You have to know how much a service cost so that you are not inconvenienced. Without knowing the cost, you may have to dig deep into your budget or, the receiver may get less money than required.
- Transfer duration: knowing how long your money will take on the way is important because it helps you to track your money. Nevertheless, it helps you to know when to send money so that the receiver can get it on time.
- Service availability: As mentioned, there are so many money transfer services today but, not all the services available in Finland are present in the Philipinnes. Always make sure that you select a service that is available in both countries to avoid any complications.
