6 Benefits of Receiving Money Transfers in Your Coins.ph Wallet
With our new partnership with Western Union, you can now receive international and domestic money transfers straight to your Coins.ph wallet. This gives you and five million other customers a safe, easy, and quick way to receive money from your loved ones abroad:
1. Free to set-up, free to receive
There are also no charges to receive Western Union money transfers in your Coins.ph wallet. But your sender may have to pay fees to send the money through Western Union.
2. No lines, no stress
Whether you’re at home, at work, or on-the-go, you can instantly receive Western Union money transfers in your Coins.ph wallet anytime and anywhere. No lines and no need to spend on your commute. Walang pila dito!
You just need to ask your sender for the MTCN and estimated amount then this information in your Coins.ph app. All it takes is a few taps and you would receive the funds instantly in your Coins.ph wallet!
Need more detailed instructions? Here’s our guide on how to receive Western Union via Western Union
3. Payments straight from your phone
Once you receive the funds in your Coins.ph wallet, you can use it instantly to buy prepaid load, pay 80+ bills, buy game credits, and more. You don’t need to leave your home to pay for living expenses. From utilities to broadband bills, prepaid load to online shopping, tollway credits to Home Credit installments, you can quickly and easily make payments with your Coins.ph wallet.
4. Safety in going “Cashless”
While some people like to be more hands-on with their remittances, others don’t feel safe carrying around tens of thousands of pesos of hard-earned money from their loved ones.
One of the benefits of receiving remittances in your Coins.ph wallet is you can receive funds any time of the day and anywhere you are. (Read: Tips to Keep Your Account Secure)
5. Quick way to receive funds during emergencies
From sudden hospitalization to family emergencies, some events don’t give you the luxury of waiting days for a wire transfer to clear or a few hours to go out to claim at an agent location. When you need to receive money here and now, Coins.ph lets you receive remittances from 200+ countries and territories as soon as you receive the MTCN and estimated amount.
6. Free to send to your bank account
If you have designated accounts for savings, emergency fund, and living expenses, you can cash out funds from your Coins.ph wallet to 25+ banks for free. Here’s a quick guide: How to cash out funds through bank transfer