Last updated on August 21st, 2023 at 07:10 pm
If you support loved ones by sending money to a Coins.ph account in the Philippines, you’re not alone. A 2019 survey by the Philippine Statistics Authority revealed that 2.2 million Filipinos live abroad. In fact, remittances contributed 11% of the country’s national income in 2018. Unfortunately, high transfer fees and poor exchange rates can make sending money to the Philippines expensive. That’s where Remitly comes in.
We make it easy for you to send mobile money to the Philippines. While PayMaya only allows transactions within the Philippines, Remitly users can easily use the Remitly app to transfer money into a Coins.ph account from abroad.
Sending Money to Coins.ph in 5 Easy Steps
Trying to send funds to family and friends in the Philippines? Follow these simple steps to send money safely to the virtual wallet service Coins.ph.
- For first-time users, download the Remitly app and create an account. Then select the Philippines as your destination country.
- Enter the amount you wish to send.
- Select your delivery speed, then choose Mobile Money as your delivery method and Coins.ph as your location.
- Enter your recipient’s phone number and full name. Make sure they have a Coins.ph account already.
- Enter your payment details.
And that’s it! Give your details a quick review and press send. Rest easy knowing that your money is on its way across borders.
Your recipient can track the transfer on their end, too. Remitly offers peace of mind for everyone involved.
Why Should I Use Remitly to Send Money to Coins.ph?
With Remitly, it’s super-easy to send money any time, any place using your phone or computer. We offer excellent exchange rates for the Philippine peso and low transfer fees.
Plus, if you need to cancel your transfer for any reason, you will get your money back.
New customers also get a special FX rate of ₱46.79 for every US Dollar sent on the first $500 of the transfer.
How Quickly Will My Money Arrive?
Using Remitly, sending money to Coins.ph is quick and efficient. Senders that pay with a debit or credit card can transfer money immediately.
If you’re not in a hurry, transfers via bank account take three to five days.
How Much Money Can I Send to Coins.ph with Remitly?
Remitly is dedicated to helping all of its customers send money safely, no matter the quantity they send. At the same time, we prioritize safety and international regulations to protect your information and your assets.
To that end, Remitly has sending limits based on the information provided by a customer.
Customers that provide the minimum information necessary can send as much as:
- $2,999 within 24 hours
- $10,000 within 30 days
- $18,000 within 180 days
Is It Safe to Send to Coins.ph with Remitly?
In a word: yes. There’s a reason that we have millions of users around the world who trust Remitly.
Remitly uses two-factor verification and personal data encryption to ensure safe logins and secure transactions. You can also turn on SMS/text notifications to keep an eye on your transfer. If anything goes wrong while sending funds, you’ll get your money back.
Read more about how Remitly keeps you safe in our guide here.
What We Love about Coins.ph
Coins.ph is one the more popular mobile wallets in the Philippines, known for its slogan “my phone is my wallet with Coins.ph.” Not unlike Apple Pay or Google Pay in the U.S.,, the Coins.ph app allows users to send or receive money easily from device to device.
Users love Coins.ph because it’s so easy. Like other mobile money providers, it turns your phone into a digital wallet. Through this mobile wallet, you can pay for many goods and services that you’d otherwise use cash for. Coins.ph users can pay bills, shop online, buy tickets, and much more, all with the Coins.ph app. It’s no wonder that mobile wallets are being adopted in larger and larger numbers around the world.