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4 things to consider before sending money to Philippines from Germany
You have to be careful enough to look at certain factors before settling on one money transfer company to make your remittances for you. These are:
- Availability: How close and available are they to your current location? Will they be available when you need them? Do they offer customer assistance at any time you need them or do they have periods during which they are not in operation?
- Exchange Rate: You have to ensure that the PHP exchange rate you are offered has a low margin as compared to your EURO. This will help you get the most out of your money.
- Speed of transfer: How long does your service provider take before your recipient can get his or her money? If they take a longer time to send your money and you feel it may cause delays to your transfer, then you are not limited to one choice of a company. Find another one here at ERIQ and get to make all your remittances on time.
- Convenience: The transfer option you choose should be convenient enough to be reached at any time you want. You may occasionally want to send money regularly. It is therefore important that you choose a transfer option within your reach or that offers easy access to their services at any time you need.
Yes. You can easily cancel a transfer sent to the wrong address provided you call your service provider to notify them about your unintended transaction. They will follow up and act accordingly. However, there is usually a time limit to which you can do this after you make your transfer so be sure to check on this first.
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We confirm to it that both online money remittance services and banks are safer when it comes to sending your money from Germany to Philippines. Nevertheless, be sure to use trusted service providers like the ones mentioned here at Exchange Rate IQ to avoid any inconveniences.
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If you are looking for the cheapest way of sending money from Germany to Philippines then you will want to consider using online cash transfer services. Some are as low as free for making transfer while others will charge you a small fee for an instant transfer. Keep in mind that the cheapest way to send money from Germany to Philippines may not be the fastest option.
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