There are a couple of international money transfer companies that you can choose from if you are looking for the cheapest way to send money to the Philippines (for your relatives, for example) or pick up money from relatives (from abroad). If you are torn between InstaREM or Remitly or even World Remit, bear in mind that these three service providers are reliable and are cost-effective compared to some online services.
All these international money transfer services have similarities as to how they operate. But, like all business transactions, there are those teeny tiny details that you have to look into because they might be something that does not work for you or for the person or people whom you’d be receiving the remittance. Sometimes, you get to choose which one is best depending on how much you’re going to send and how fast you want or need it to reach its destination.
These details include their user ratings, the exchange rates, their fees, the countries they provide service to, how convenient the service is for both parties (sender and receiver), security, and if they have discounts or promos. Now, let us compare these companies for us to be able to delve on it.