Like any good Overseas Filipino, I need a fast and reliable way to send money to the Philippines. For the past three years, the main way for me to send money to the Philippines is Xoom.com. I have reviewed this remittance website in the past. You can read that review here: http://amightylife.com/the-best-ways-to-send-money-to-the-philippines-from-the-usa-xoom
My main problem with Xoom, however, is their terrible, terrible exchange rate. They charge an upfront fee of $4.99 for USD to PHP transfers or $7.99 for USD to USD transfers from your US bank account to your recipient in the Philippines.
However, they also make additional money on the backend through their exchange rate. It’s the same criticism that has always dogged Paypal.com.