4 Ways to Send Money to the Philippines from Canada

Don’t get confuse with the title. There’s something for you to discover in this post. You’ll see.

Although I  emphasize that you can send money to the Philippines from Canada, the different ways that you’ll learn on how to remit money can help you in one way or another wherever you are.

How to Send Money to the Philippines

As an OFW myself, I’ve tried all of the three ways on how to send remittance in the Philippines from Canada.

You may have tried one method for a long time. Maybe it’s time to try something else because you’ll never know if it’s a good fit if you don’t try.

1. Ask a favour from a balikbayan.

“Pwede padala?” OFW doesn’t only send balikbayan boxes; we also ask a trusted relative or friend who is homeward bound to give monetary pasalubong to our loved ones in the Philippines.
No fees. But when it comes to exchange rate, I’m not sure  which can give a favourable return: the money transfer service in Canada or the money exchange company in the Philippines.

This method comes with the highest risk. It can cost the priceless trust that is hard to establish.

Add also your credibility if someone ask you the same favour. But if done right, well, you can expect to more trust, stronger relationship. And more pakisuyo in the future.

2. Send money online.

You can use the web or mobile application (iOS or Android) of online money remittance company.
Some of which ONLY send money from Canada to the Philippines. But majority of the companies allow OFWs to send money worldwide. The common locations of remitters are in USA, UK, Canada, Saudi Arabia, and Hong Kong.

I’m biased but I have to let you know that I like to send money online to the Philippines using my mobile phone. It’s fast and easy. Remember: don’t make crucial bank transaction using public Wifi. Do it at  home or use the network’s data.

The two-part blog post on how to make online remittance gives you more choices. (I shared of course which are my favourites. Love to know what’s yours.)

Related Post: Send Money to the Philippines Through TransferWise

Money Transfer Agents

3. Send money through remittance agents.

Admit it. Is this your go-to method of sending money to the Philippines?
It’s an old school but it works perfectly. OFWs love to go to money transfer agents which are typically located in a Filipino convenience store.

Grocery and remittance can make you go beyond budget.

I occasionally, buy the vegetarian tsitsirya. I love it since college or job hopping days. Which Filipino snack you still buy in Canada and proud to say I’m a Filipino. (I know bagoong is always on top of the list.)

Somehow the topic always ends about food in one way or another. That’s a Filipino trademark, eh?

4. Send money abroad through Canadian banks.

I almost forgot about this post;I had to update this post so you wouldn’t miss anything.

We probably have at least one account in any of the Big Five, top Canadian banks. (I have one.) So if you have a Canadian bank account, you’d be happy to know that you can send remittance worldwide.

But I guess you wouldn’t be pleased with the high fee, though. That’s why I haven’t send remittance via a Canadian bank so far, but I I’ve tried Interac for local money transfer.

Which One to Choose?

So far, I know of four ways on how to send money to the Philippines. The list may change or not.

What I’m sure of, is that, I’ll keep updating the links particularly about online money remittance because startups keep on innovating. What else for us to do is to take advantage of it.

I wouldn’t end this post without a reminder. With innovation comes greater responsibility.

Become a responsible remitter and investor. Give for a reasonable cause. It’s your hard earned money so make sure it is well spent and invested.

For all remittance-related content, you can click here.
About Pwede Padala Gal

Pwede Padala Gal loves to share tips on how to save in Canada and the Philippines. Someday she'll finally teach her Aspin at least one dog trick and keep a cactus alive. Chat with her on Facebook and reddit.

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