How to Send Money to GCash From the USA to the Philippines
The USA is a multinational country where many Filipinos have found a new life. However, as they settle into a new place, many of them wonder how they can financially support their loved ones. One of the most critical questions is how to send money to the Philippines from USA? Of course, people can use banking transactions. However, banks charge high fees for their services, and transactions take quite a long time. This is why many people prefer GCash. This application has high rates, impeccable reviews, and offers very favorable conditions. Today, we want to tell you more about this app and how it can help you send money to the Philippines quickly and easily.
General data
It is widely used to send and receive money, pay for goods and services, and deposit on various sites. Among the main characteristics are:
- Headquarters – Singapore;
- Transaction speed – several minutes;
- Number of users worldwide – more than 60 million;
- It is possible to use free transactions.
This application is the cheapest way to send money to the Philippines from USA. Let’s discuss the main features of this application and try to tell you why it is a great solution.
Does this app work in the US?
Technically, GCash is available in the US thanks to GCash Overseas, but in practice, it is not so easy to use for sending money to the Philippines from USA. First, you must have a valid Philippine passport to use this application. Additionally, this app only works with Philippine Pesos and does not support US Dollar deposits. At first glance, it seems that this is not the best way to send money to the Philippines from USA, but many people prefer this application. They use a trusted third-party translation provider such as WorldRemit, Remitly, or others to do this.
How to use this app in the US?
Today, the question of how to send money through GCash is incredibly relevant, so we have compiled a simple guide for you. We hope you find this helpful.
Step 1: Download the app
Before people can send money to the Philippines from USA, they need to download the application. It can be quickly done on devices running Android and iOS. Installing such an application takes only a few seconds.
Step 2: Register
The next stage is registration. How to send GCash from USA to Philippines? Immediately after installing the application, you need to go through the registration process. First, you must provide your phone number (you can use either a Philippine or US number). After this, the system will send you a confirmation code, which you must enter in the appropriate place on the screen.
Next, the system will ask people to provide their personal data – name and address. It is worth saying that all accounts undergo a verification process, so it is worth providing truthful information. The name must be written as in the ID, and you must be able to prove the residence.
Step 3: Verify your account
Before you can send money to GCash, you need to verify your data. This application has been licensed in Singapore, which means it must comply with KYC/AML policies. It obliges the financial institution to verify its customers and ensure they will not use the platform for money laundering or economic terrorism.
Thus, each client must provide a valid identification document issued in the Philippines. All you have to do is take a photo of the document and provide it to the application. Typically, data verification takes from several minutes to several days.
Step 4. You can start using it
Once you complete the registration process, you can send money to GCash. Now you can send and receive money to verified accounts, withdraw money, instantly make financial transfers, and transfer money to a checking account.
Is it possible to convert currencies?
As mentioned, GCash does not allow you to create a dollar account, and it supports Philippine pesos. As a result, you cannot convert currencies to send money to GCash.
Next, we will discuss sending money to the Philippines from the USA using GCash and other e-wallets.
How do I transfer money to this application?
There is a small guide if you don’t know how to send money to the Philippines from the USA. First, it is worth saying that GCash cooperates with many large international electronic wallets with which you can transfer money to the Philippines. To make sure everything happens as quickly as possible, you should:
- Register in one of the electronic wallets that cooperates with GCash;
- Enter your name and recipient’s account number;
- Confirm the transaction;
- A person receives money.
How to send GCash from USA to Philippines? You just need to register in one of the electronic wallets cooperating with GCash. As a rule, they independently exchange US dollars into Philippine pesos, which means that the recipient will receive the money in a currency convenient for them.
How to choose an e-wallet partner?
There are many electronic wallets today, so choosing the best way to send money to the Philippines from USA can take a lot of work. However, we advise you to pay attention to the following characteristics:
- Availability of a permit. It is a guarantee that you will cooperate with a trusted partner and possible problems can be resolved in the legal field;
- Commission amount. The lower the commission, the more you save.
- Transaction speed. Bank transfers take several days, but e-wallets transfer money in a few seconds.
- Limits. They are essential if you plan to spend a lot of money.
Sending money to the Philippines from the USA suggests that you must carefully study several platforms’ activities and choose the most suitable option for yourself.
The most popular e-wallets
How to send money through GCash? There is a list of the most popular e-wallets that may be useful to you. You should carefully study how they work, after which you can register and send money to the Philippines from USA.
WorldRemit
This well-known British platform is viral among those who frequently make international transfers. It is the cheapest way to send money to the Philippines from USA. Transaction costs vary depending on the amount and are typically less than 1%. At the same time, your friends will receive the money a few minutes after sending it. You will find only good reviews online; clients say they were satisfied with the cooperation. However, many say that the exchange rate could be better.
Remitly
This American platform is often used to send money to Canada and Europe, but it is also suitable for sending money to the Philippines from USA. The average transaction cost is approximately 1.5% of the transferred amount. However, there are pretty strict limits:
- 2,999 USD within 24 hours;
- 10,000 USD within 30 days;
- 18,000 USD within 180 days.
On average, transactions take approximately 2 – 3 minutes.
Skrill
How to send money to the Philippines from USA? It is one of the world’s largest financial platforms, operating in 120 countries and supporting approximately 40 currencies. The average cost of transactions is 1.3% of the amount. However, the transaction speed is low – you can receive money within 24 hours.
In the end
Even though the financial industry is developing and snowballing, international transactions still take time and are expensive. However, there is a straightforward way how to send money to the Philippines from USA quickly. You can easily send money using well-known e-wallets, which help you support your family and friends, pay bills, and buy goods. As a rule, if you have all the necessary documents, then there are no problems with international transactions. It is worth saying that most electronic wallets have the same serious verification of personal ban clients as banks.
