Countries

Philippines

47 questions
How is money transferred between domestic and international bank accounts instantly when no physical cash moves? Jul 12, 2021 Correspondent Banking, Nostro and Vostro, and Settlement What’s the fastest way to send money to the Philippines besides Western Union, MoneyGram, and Xoom? Jul 8, 2020 Sending and Receiving Money Abroad Who regulates international money transfers globally? May 8, 2020 Regulators, Enforcement and Regulatory Change If I can receive international client payments directly to my bank, why would I use Payoneer? Oct 11, 2019 Freelancers, Side Hustles and Getting Paid Online How much more or less expensive is international money transfer using Bitcoin compared to traditional banking? Aug 8, 2019 Sending and Receiving Money Abroad How do remittances benefit national economies? Aug 1, 2019 Economics, Inflation and Monetary Policy Why are money transfer operators still popular in the Philippines even though PayMaya and GCash can be cheaper? Mar 8, 2019 Money Transfer Business and MTOs How is TransferWise able to process international transfers so quickly? Jan 9, 2019 Correspondent Banking, Nostro and Vostro, and Settlement What’s the safest way to transfer money from the Philippines to the US (wire, online services, or banks)? Aug 10, 2018 Sending and Receiving Money Abroad Where do currency exchange businesses get the currency they sell? May 4, 2018 Correspondent Banking, Nostro and Vostro, and Settlement What are nostro and vostro accounts, and how are they used in banking settlements? Jun 6, 2017 Correspondent Banking, Nostro and Vostro, and Settlement Which bank does Western Union use to hold agent accounts, does it require agents to use that same bank, and how does that bank profit from the relationship? May 1, 2017 Money Transfer Business and MTOs What exactly is a correspondent bank account? Mar 5, 2017 Correspondent Banking, Nostro and Vostro, and Settlement What can be done when an incoming remittance is sent with an incorrect account number? Feb 1, 2017 Sending and Receiving Money Abroad What is the best method to transfer $200,000 from the Philippines to the United States? Sep 6, 2016 International Wire Transfers and Large Transfers Who is likely to make the biggest leap in improving Bitcoin’s usability? Jul 5, 2016 Freelancers, Side Hustles and Getting Paid Online How do Bitcoin-based remittances work? Jun 3, 2016 Sending and Receiving Money Abroad What are the implications of a telco like Smart (Philippines) partnering with Rocket Internet to launch a payments product, and is it likely to succeed? Jun 3, 2016 Business Strategy, Case Studies and Lessons Learned Why do most hackers never get caught—can’t providers trace where stolen funds go in bank or PayPal fraud cases? May 12, 2016 Money Laundering and Financial Crime Are ATM operating costs the real reason banks charge ATM fees, or is it mostly profit-taking? Apr 4, 2016 How Banks Work How can I send money from the U.S. to the Philippines via wire for free? Apr 1, 2016 Sending and Receiving Money Abroad Why are remittance inflows slowing down in the Philippines? Apr 1, 2016 Economics, Inflation and Monetary Policy Is there an app that can replace everything in your wallet except cash? Mar 12, 2016 Digital Wallets, Mobile Money and P2P Payments How exactly do remittance companies and money changers operate and make money? Dec 2, 2015 Money Transfer Business and MTOs On average, how much does each individual customer cost a bank to serve? Nov 5, 2015 How Banks Work How many Asian countries use real-time gross settlement systems similar to India’s Aadhaar-enabled payment system? Aug 6, 2015 Domestic Payment Rails, National Switches and Clearing Systems Where are national bank accounts actually held? Jul 3, 2015 Correspondent Banking, Nostro and Vostro, and Settlement What is the next major fintech disruption expected in the payments industry? Jul 3, 2015 Fintech, BaaS and Embedded Finance Which Basel Accord requirements must be reflected in Philippine banking regulations? Mar 5, 2015 Central Banks and Bank Supervision How do international bank-to-bank transfers function end to end? Feb 11, 2015 Correspondent Banking, Nostro and Vostro, and Settlement Which Bitcoin startups in 2015 were considered the most exciting and genuinely innovative? Feb 11, 2015 Money Transfer Business and MTOs Why aren’t PayMaya and GCash in the Philippines widely viewed as success stories despite clear benefits? Feb 9, 2015 Emerging Markets and Financial Inclusion Is it better to exchange currency before leaving your country or after arriving in the destination country? Feb 5, 2015 FX Rates, Spreads and Currency Markets Immigrants & Remittances: Why do people keep sending money back “home” for decades? Jan 3, 2015 General Finance Questions How do countries transfer billions of dollars to each other? Sep 7, 2014 Correspondent Banking, Nostro and Vostro, and Settlement How do remittance cards function for sending and receiving money? Aug 7, 2014 Sending and Receiving Money Abroad How can someone break into the Money Service Business—especially for business payments between developed and developing nations? Jun 7, 2013 Money Transfer Business and MTOs Banking: Do banks move physical cash to settle online transfers, and if not, how is it handled? Dec 3, 2012 Correspondent Banking, Nostro and Vostro, and Settlement What’s the cheapest way to get foreign currency for a trip outside the U.S.? Nov 12, 2012 FX Rates, Spreads and Currency Markets What is the cheapest way to obtain foreign currency for travel outside the US? Nov 12, 2012 FX Rates, Spreads and Currency Markets Is it better to incorporate locally or operate as a U.S.-registered business abroad? Oct 11, 2012 Sending and Receiving Money Abroad Which mobile apps are considered the best for sending money internationally? Oct 11, 2012 Sending and Receiving Money Abroad How are mobile payments likely to evolve over the next few years? May 10, 2012 Digital Wallets, Mobile Money and P2P Payments How are mobile payments expected to change over the next several years? May 10, 2012 Digital Wallets, Mobile Money and P2P Payments What exactly occurs when money is sent through Western Union compared to a service like XOOM? How do they differ? Mar 6, 2012 Money Transfer Business and MTOs What is the difference between sending money via Western Union and services like Xoom? Mar 6, 2012 Money Transfer Business and MTOs Why has NFC struggled to become a mainstream mobile payment technology? Feb 10, 2012 Digital Wallets, Mobile Money and P2P Payments