Sending money through Western Union is getting expensive

Are you being plagued by the high cost of sending money especially to the Philippines? Many Overseas Filipino Workers (OFW) like me use Western Union to send money back home. WU is a rip off and if you send every month you will be shocked at the amount of money you spend to use their service.

Good news, there is a better way to do that. By using paypal, you can cut the cost by as much as 50 to 75 %. It's absolutely free to send money. The recipient will be charged less than a hundred pesos to withdraw money to their bank.

What is Paypal?

Paypal is a leading online account that you can use to pay and receive payment. You have to use either a credit card or a debit card to withraw to withdraw your paypal money. When you open a paypal account you will be asked to verify your account with your credit or debit ATM card. Paypal accepts payment in any local currency.

Which Philippine Bank accepts Paypal?

Union Bank has currently partnered with Paypal to offer an affordable money transfer to Filipinos. What you need to do is sign up for a Unionbank eon Cyber Account. And in 5 days you can get your card. Plus Unionbank cyber account is zero maintaining balance.

To activate your Unionbank cyber account card, you need to deposit Php150.00 before you can use it with Paypal. Also, you need to pay Php 350.00 annual fee. However, it is still way cheaper than paying Western Union Fee everytime you send money.

How to Withdraw your money from Paypal to your ATM?

Once you have activated your Unionbank eon Cyber Account, apply for a Paypal account online and give the information they ask you. Or You can follow the online instruction when you get your paypal account.

Get a paypal account here!