PadalaUpdates - Issue 5

OFW Remittances In March 2005 Post Double-Digit Growth Anew

Cash remittances from overseas Filipino workers coursed through commercial banks grew by 15.9 percent to US$840 million in March 2005. This brought the cumulative cash remittances for the first quarter to US$2.3 billion, or a growth of 16.6 percent from the comparable level a year-ago. This rate of growth exceeds the expected growth of 10 percent to US$9.4 billion in 2005.
(From Bangko Sentral ng Pilipinas News, more...)

PhilSend -- Latest Agency Reviewed

PhilSend is the latest agency we have on review. On the front page you will be welcomed by an excellent quick calculator. You don't even need to press the "Calculate Now" button. Just click anywhere on the calculator form. However, what isn't clear to me is how the 2.3% card payment surcharge figures in.

Good news though for those who are uncomfortable giving out their SSN information. On PhilSend you can just send in your driver's license information instead. PhilSend accepts card or ACH payments. ACH is recommended to avoid the 2.3% surcharge for card payments.

Vote for Your Favorite Remittance Agency

Now you can vote and rate your favorite remittance agency. All you have to do is click on the link "Vote", which you will find under the top 5 agencies of our comparison tables. To vote now, just proceed to our Comparison Tables.

Now We're Blogging!

Have you ever found our PadalaUpdates in your bulk or spam folder? That's the dilemma of many newsletters. Because even if you subscribe to a newsletter like ours, you're not sure to get your newsletter. Your ISP's or email's spam filter might be working against us. So, we've decide to blog. At our new blogsite, you'll get the same newsletter plus more. And if you have a feedreader or RSS reader, you can have this newsletter delivered right to your desktop. Just add our RSS page http://padalaupdates.blogspot.com/atom.xml.

PhilPay Helps Overseas Filipinos Sell on eBay Philippines

PhilPay's latest program is it's Merchant Program. If you're an overseas Filipino and have the knack for doing online business, here's your chance to sell to a growing Philippine e-market. By using PhilPay, you can sell items online or auction them on eBay Philippines and have your money sent to your US address by check, money order, or PayPal. No fees charged to your buyer! Check it out at PhilPay.

Ruel Guerrero
OnlinePhilippines.net