Imagine this you are sitting on your couch on "Netflix and Chill" sipping your slow hot slow drip coffee that you just made using your fancy Chemex and you realized forgot to send Christmas presents for your parents. Now you are in trouble, my friend.
But no worries you can send them some quick cash using Remitly, head over to Remitly SignUp to create your account and send money to your love ones back home in minutes. You would need your bank account number and routing number or your debit card information to sign up for an account.
They have different options on how your love ones receive your remittance to them, some of the options are direct bank deposit, cash picks up, mobile money, and home delivery via LBC. Remitly charges $3.99 for a bank deposit, cash pickup, mobile money, or home delivery, for up to $999.99, and its $0.0 delivery fee after that. These delivery fee charges are only applicable when sending from USD to PHP, your guess is good as mine this is how they earn money on top of the delivery fee or any transfer over 1K. So technically it's not really free it's freemium they locked you in with a rate a bit lower than the market rate is.
Word of caution if you are transferring money that is over 1K or over 10K you might be better doing a bank transfer to the Philippines if your love ones have a dollar account back home. Remitly is great for quick small transfer that you want to get done right away or with instant gratification like a millennial would want ;) In all seriousness if you want it quick their BPI, BDO bank transfers are almost instant. Rate sheet for their transfers.
Head over to this link for more information on Remitly Partners, on their sending options in the Philippines. Here are some of their preferred partners in the Philippines.
If you have questions feel free to leave a comment and I'll get back to you as soon as I can.
P.S. if you did not pick up the joke about Netflix and chill read over to N&C Wikipedia Page ;)
Genorisity Compounds Exponentially