5 things to consider before sending money to the Philippines from Hong-Kong
When sending money from Hong-Kong to the Philippines, you have to be careful in every step of the way. One important aspect that you cannot afford to miss out on is the attributes of each transfer option that comes your way. You have to be prudent enough to know what to take and what to forego based on how you want your money sent. Some of the factors to look at in a service provider are:
- Convenience: How available are your service providers? How easy is it for them to convey their services to you? Are they close and how fast can you get to them or use them when you want to send your money from Hong Kong to the Philippines?
- ExchangeRate: To prevent yourself from suffering a bad loss due to the volatile exchange rates and transitions in the global market, always check exchange rate IQ and make sure that the HKD-PHP exchange rate margin is low.
- Transfer speed: If you want the fastest way to send money from Hong Kong to the Philippines, consider using online money transfer service providers such as Instaremsince they are fast and can deliver your transfer almost instantly. If you rely on banks, then be sure that you are willing to sacrifice a little more time for your money to be remitted.
- Pick-up methods: Different transfer options provide different pick-up methods through which your recipient can receive and collect his or her money. It can be through the bank, home delivery, cash pick-up at agent locations or your mobile wallet.
- Customer service: Just how good is your service provider when it comes to tending to their customer’s needs?