TAG

#OFW remittance

1 Articles

Filipinos in Japan can now send money directly to GCash accounts in the Philippines through PayForex, making remittances faster and easier without going to remittance centers. It's pretty obvious that the service is targeted towards OFWs in those countries since they've partnered with Globe and Smart for the local exchange (you receive money transfers from Ericsson Money via Smart Money or Globe GCash). In any case, this is more like a battle for who offers the cheapest remittance rates and who can remit the money the fastest. The Central Bank of the Philippines estimates a total of $18.7 billion in OFW remittances for the year 2010. Read more in our articles including "Pinoys in Japan can now send money to GCash Wallets" and "Ericsson goes into OFW Remittance Service".

More About OFW remittance

Frequently Asked Questions

What is OFW remittance?

Filipinos in Japan can now send money directly to GCash accounts in the Philippines through PayForex, making remittances faster and easier without going to remittance centers. It's pretty obvious that the service is targeted towards OFWs in those countries since they've partnered with Globe and Smart for the local exchange (you receive money transfers from Ericsson Money via Smart Money or Globe GCash).

What have you covered about OFW remittance?

In any case, this is more like a battle for who offers the cheapest remittance rates and who can remit the money the fastest. The Central Bank of the Philippines estimates a total of $18.7 billion in OFW remittances for the year 2010.

Where can I find articles about OFW remittance?

Our coverage of OFW remittance includes: "Pinoys in Japan can now send money to GCash Wallets"; "Ericsson goes into OFW Remittance Service"; "BPI to add international money transfers to mobile app by 2027". Each article provides unique insights and information.