Western Union branches have varying exchange rates
A friendly reminder to everyone encashing their Google Adsense earnings via Western Union Quick Cash: scout first for the Western Union branch that offers the highest exchange rate because you will “lose” if you received a low rate.
This I realized when I encashed my Adsense income for November today. First I went to SM Megamall’s Bills Payment section where they process Western Union transactions. I asked what their dollar-to-peso exchange rate is and got told it’s $1 to P42.35.
I decided not to redeem my earnings yet and instead headed to an RCPI-Western Union branch inside St. Francis Square which is just across SM Megamall. The staff told me their current exchange rate is $1 to P42.67.
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Betting that another Western Union pickup location can beat this rate, I went to Sanry’s Foreign Exchange at Glorietta Mall in Makati. True enough, they offer $1 to $42.70. I then decided to settle for this and I redeemed my November Adsense earnings.
Our reminder again: before you hurry to a Western Union agent for your Google Adsense payment, search first for a branch with the highest offered rate.
Because if, for example, you received $1,000 and decided to convert this to peso today at SM Megamall instead of Sanry’s at Glorietta, you would have “lost” P350 [$1,000 * (P42.70-P42.35)].
It might not be a big amount, but P350 still is P350, right?
What has been your experience using Western Union to receive Adsense payments? Let us know!
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May 10th, 2008 at 3:34 pm
panu po mag franchise ng western union?
February 3rd, 2008 at 2:23 am
If you have the chance, try to report it to the branch manager so he can reprimand the employee for being rude to your brother. If WU is indeed a good company, the manager should listen to you and address your concern.
February 2nd, 2008 at 1:15 pm
ung WU sa Mlhullier Villasis branch bastos ang isang staff. sinabihan ang brother ko “hindi ka ba marunong magsulat” kc ung wife nya ngfill up ng form… sa harap ng madaming tao ganun sasabhihin ng employee na un..
December 19th, 2007 at 11:27 am
Unfortunately, you can only fund your PayPal account via transfer from a US bank account or by using a credit or debit card.
Alternatively, you can “buy” funds from other PayPal users who will transfer their balance to you. Try visiting our Buying / Selling PayPal Funds folder to look for users selling their funds.
December 19th, 2007 at 11:02 am
Gusto ko sana mag-purchase online kaya lang walang funds yung Paypal account so pwede bang money transfer na lang like I’ll send money using Western Union to my Paypal account
December 6th, 2007 at 5:13 am
Thanks for this tip. I haven’t thought about it.
December 4th, 2007 at 12:37 pm
Western Union paid me mostly in dollars and partly in pesos. May extra kasing $4.18 so they converted that to pesos.
December 3rd, 2007 at 2:11 pm
sa akin pinapa dollar ko na lang and sell it at black market which gives me at $43+ rate
December 3rd, 2007 at 1:52 pm
Usually, the difference in rates is because some of the branches are franchised. So, it really depends on how much each branch wants to give out.
December 3rd, 2007 at 12:55 pm
Ooooooohh… pati na rin sa ID requirements.. may mga WU na sobrang strict.. like M Lhuillier WU.. ayaw talaga tanggapin pag wala sa list yung IDs na required.. pero sa EDSA Taft pwede :P
from my experience, yung company ID dapat government issued talaga. grrrrrrr.. kasi pinakita ko company ID at SSS ID ayaw tanggappin.. pero sa ibang WU pwede kahit 1 valid ID lang.. ^___^
December 2nd, 2007 at 11:03 pm
I’m still waiting for my payment and chose Western Union Quickcash as payment method. I don’t know as of now the exchange rate of dollar-peso here in Tacloban but I’ll follow your recommendation once I receive my payment.