Thursday, July 31, 2014

How to Send Money to the Philippines through GCASH



What is GCASH? 

GCASH is Globe's remittance service. You can send and receive money in and out of the Philippines. In Japan, GCASH is in partnership with Family Mart.

Why I use GCASH to send money? 

The rates are the most affordable (at least in Japan). You can send up to 100,000 JPY for only 1,350 JPY or 1,500 for Bank Transfer. These rates are lower than Western Union, JP Bank Transfers and SBI Remit.

Here's  their remittance fees:

Up to 10,000 Yen:  440 JPY
10,001- 30,000 Yen:  700JPY for money outlets and 800JPY for Bank Transfer
30,001-max amount: 1350 for money outlets and 1500 for Bank Transfer

Also, it's very convenient. You can do your transactions online at the comforts of your home. GCASH has SMS service that will notify the recipient.

GCASH also has an updated currency exchange rate so you'll know exactly how much you're sending in pesos.

For the recipients, they can receive the money in a few minutes through different banks in the country, Globe Centers in the malls and Villarica & Tambunting Pawnshops. GCASH boasts of having 18,000 outlets nationwide.

Personally, I haven't encountered any problem with GCASH's services so I'm highly recommending it.  

A. How to Open a GCASH account:

1. Register  your personal information on GCASH's website.

2. Wait for the passcode GCASH will send you through mail. You can even schedule the date and time of the delivery. 

3. Once you receive your passcode, login to GCASH website for verification. 


B. How to Send Your Remittance

1. Deposit the amount you want to send through Family Ports located at Family Mart Convenience Stores

2. Log-in to your GCASH account.

3. Find the REMITTANCE tab on the left side. 

4. Enter the recipient's information (name, address, telephone number, amount you want to send) Your account on GCASH saves the recipient's information. The next time you send money to the same person, there's no need to enter his personal information again. 

5. Click send and wait for confirmation in your email.


And that's how you send money the GCASH way!


What Remittance Service do you use? What do you like about it?




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