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WorldRemit Launches Instant Online Money Transfer to Philippines

WorldRemit, the leading online money transfer company, has launched a new online money transfer service to the Philippines offering a full range of pay-out options including instant cash pickup, bank deposits to any bank, nationwide door-to-door delivery and transfers to mobile accounts.

The instant cash pickup service is now available at over 1,400 locations of our partner M. Lhuillier. The branches of M. Lhuillier pursue the principle of service excellence and total customer satisfaction and many of these locations are open 24/7.

The new WorldRemit service enables customers to send money to the Philippines from the privacy and convenience of their own home using a variety of payment options including debit cards, credit cards and Interac Online.

"With fees as low as £2.99 in the UK ($5.99 in Canada) and the 24/7 service in both the send and receive countries, the new service offers unprecedented convenience and competitive pricing," said Ismail Ahmed, CEO of WorldRemit.

According to the World Bank, the Philippines is the fourth largest recipient of international remittances. In 2010 Filipino migrants sent back home an estimated $21.3 billion.

About WorldRemit

WorldRemit, regulated by the Financial Services Authority (FSA) for the provision of payment services, is an innovative online money transfer business enabling customers to send money to family and friends back home. WorldRemit now offers online money transfers to 38 countries.

WorldRemit has built a robust compliance system that eliminates common problems and risks associated with money laundering and card fraud in international money services. All website transactions are secured using the highest level of online security.