People from the Philippines who have found employment in the US might be considering how to send money to the Philippines once they start to turn a profit.
While overseas workers might initially be solely concerned with making ends meet in their new country, there will come a point when they have some extra cash they would like to wire back to friends and family.
However, using a cash transfer service on the high street could mean that they lose out on a significant proportion of their hard earned dollars.
A regulated foreign exchange broker, on the other hand, will allow workers to send money to the Philippines with a competitive rate of currency exchange.
Furthermore, there are no charges on money transfers made in this way and brokers like RationalFX are regulated by the Financial Services Authority in the UK, making them a secure means by which to send money to the Philippines from abroad.
Opening an account today is free and will allow you to see exactly how much money you could save.