New Zealand Dollar To Philippine Peso Western Union
Introduction
If you are planning to send money from New Zealand to the Philippines, you may be wondering about the exchange rate and fees involved. One of the ways to send money is through Western Union, a global money transfer service that operates in over 200 countries and territories. In this article, we will discuss the exchange rate for the New Zealand dollar to Philippine peso when using Western Union, as well as any fees and other important information you should know.
Exchange Rate
The exchange rate for the New Zealand dollar to Philippine peso when using Western Union can vary depending on several factors, including the amount of money you are sending and the current market conditions. As of August 2021, the exchange rate is approximately NZD 1 to PHP 36. However, it is important to note that this rate may change at any time, so it is best to check with Western Union for the current rate before sending your money.
Fees
In addition to the exchange rate, there may be fees associated with sending money through Western Union. These fees can vary depending on the amount you are sending, the method of payment, and the location you are sending from and to. Western Union offers different options for sending money, including online, in-person, and through their mobile app. Each option may have different fees, so it is important to compare them before choosing the best one for you.
How to Send Money
To send money through Western Union, you will need to create an account on their website or mobile app. You will also need to provide some basic information about yourself and the person you are sending money to, including their name and location. You can then choose the amount of money you want to send and the method of payment. Western Union offers several payment options, including bank transfer, credit card, and debit card. Once you have completed the transaction, you will receive a confirmation number that you can use to track your transfer.
Delivery Options
Western Union offers several delivery options for your recipient to receive the money. These options can vary depending on the location you are sending to, but they typically include cash pickup, bank deposit, and mobile wallet transfer. Cash pickup allows your recipient to pick up the money at a Western Union location, while bank deposit transfers the money directly to their bank account. Mobile wallet transfer allows your recipient to receive the money on their mobile device.
Conclusion
Sending money from New Zealand to the Philippines through Western Union can be a convenient option, but it is important to be aware of the exchange rate and fees involved. By doing your research and comparing your options, you can find the best way to send money that works for you and your recipient.