Another Adsense cheque bites the dust, this time, that of Jepoy. Receiving international cheques in the Philippines isn’t safe, even if you course it thru registered mail. A lot of Adsense publishers learned that the painful way — may it be in dollars or peso currency, someone diligent enough and with the right connections can encash them quicker than you’ve realized you’ve lost it in the mail.
A lot of people have suggested solutions for s stricter mailing policy from Google but I think the problem is not with the search giant but with our Philippine Postal system. Whatever security measures are put in place will only be bypassed if it’s an inside job. There are only two ways I can think of that could solve this postal thievery:
DHL Express. They’re one of the most trusted courier in the world so you can be sure you’d get your package & money on time (actually faster). The only issue is the $24 courier fee which is a bit expensive (but it’s money we’re talking about here). One way to save is to make your payments on-hold for several months until you’ve got enough funds to offset the delivery service.
Direct Fund Transfer. This is not yet supported by Google in the Philippines but I think this is the most convenient way really. Let’s just hope that comes along soon enough.
On another topic, I’ve also been informed by my bank that dollar cheque deposits are now being tracked by the Central Bank by getting the depositor’s TIN and asking for the source of the remittance. They’d categorize it as either professional fee, donations or dividends. Not sure what’s the real reason behind it but I guess since that terrorism act has been passed into law, that’s one way for the government to track money laundering activities funding terrorism groups. That’s just a theory though. 
Twitter: mparazgmail.com
says:
If only TLA had a courier service as well. They are maturing as a business, so they should.
Abe, were you caught partying with Joma Sison in Utrecht?
[...] Tales of Lost Adsense ChequesAnother Adsense cheque bites the dust, this time, that of Jepoy. Receiving international cheques in the Philippines isn t safe, even if you course it thru registered mail. A lot of Adsense publishers learned that the painful way may … [...]
perhaps that means the bir will investigate if an adsense earner doesn’t declare adsense earnings in their income tax return?
MLQ3 has a point. This would cut into bloggers’ earnings, especially the unmarried ones.
Twitter: momblogger
says:
I just deposited a dollar check today through my maid and she was not asked for my TIN. Hmm…
@ migs
lol, could be my doppelganger
@ mlq3 & jhay
That’s what I thought at first but then the teller also told me that if it were in Peso, the new policy would not apply.
@ noemi
Which bank is that?
Hi Yuga. I appreciate the timely advice you gave me on not monetizing my Google earnings in peso.
Fingers crossed, the eagle-eyed BIR will not train its sights on bloggers..
Just got my cheque yesterday thru DHL only took bout 5 days… one thing weird though is that I never got any tracking number from google or from the adsense website anyone experienced this?
abe,
just deposited also no details asked. asked about what happened to you, manager said there was no order to ask for details as far as he knows.
Twitter: momblogger
says:
Abe- BDO. I’ll be going to BPI today so I’ll ask them if it’s true.
i’m still waiting for the copy of my lost check… baka may blogger dito na nagtatrabaho sa post office.
Thus s*cks man. Ever since I heard these kinds of stories I switched to DHL. Although it costs more, it outweighs the risk of getting stolen by your trusty postman. This doesn’t just happen in the Philippines though, happens everywhere!
oh my good lord!
im also expecting my check later this month. my golly sana hindi maligaw sa mga malilikot na palad ang cheke ko..
tsk tsk tsk
I deposited my adsense check today at BPI, and yes, they’re asking for TIN.
eh paano kung wala kang TIN?san ba makukuha yan?
I deposited my cheque yesterday with Metrobank no extra details asked… but If they ask for TIN numbers that’s fine with me as long as it keeps my earning safe
I was told only BPI enforces this old policy from BSP for deposits in excess of $1,000.
[...] Jepoy becomes the latest victim of Adsense check theft. In response, Yuga discusses ways to prevent such occurences. [...]
if im not mistaken BSP is doing as part of the of anti-money laundering act. i think the govt is just doing its part in controlling the movement of dirt money from one hand to another.
theyre usually very suspicious pag dollar accounts ang pinag uusapan. or may regular deposit/withdrawl activities invilvong large amounts.
[...] cleared (the AdSense control panel gives you information on clearing date). In short, someone has stolen your AdSense check. They’re either from the postal service, or someone who was able to intercept your check en [...]
[...] terjadi kejadian serupa, dan tentu saja, para korban langsung menuding kenakalan kantor pos negara. Baca disini … Untungnya saya sudah ganti pakai [...]
[...] YugaTech: Tales of Lost Adsense Cheques [...]
[...] save and it was an effective strategy for me. Be careful though. A lot of AdSense publishers have lost their checks in the mail [...]
Good Content its really helpful, but who else wanna learn more about Adsense or etc.. go read more here » Learn Adsense Secret I hope this will help you.
Hi ALL!
To those who have experience about handling international checks, can I possibly deposit a “Dollar Check” into a “Peso Bank Account”? Any helpful answer please. Thanks.