Western Union branches have varying exchange rates
décembre 2, 2007
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.
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!
mai 10th, 2008 at %H:%M
panu po mag franchise ng western union?
juin 20th, 2008 at %H:%M
I really dont understand, almost 1 week ive tried and tried of how can I set up my payment method through western union as a mode of payment, there is no option Western Union radio button…please guys help me.
juin 24th, 2008 at %H:%M
Laurence, here’s the step by step guide regarding the use of Western Union in Google Adsense. See if you’re missing something.
Some reasons I can think of why you don’t have the WU payout option:
1. You’re not residing in Mainland China, Malaysia, Pakistan, Romania, Philippines, Argentina, Chile, Peru, and Colombia. Only publishers in those countries can be paid via Western Union.
2. Your Google Adsense account is a business account. WU is available only to individual publishers.
août 9th, 2008 at %H:%M
I need the website or URL to check online exchange Prices for Indian Rupees into US Dollars and as well as Kuwait Dinar into Indian Rupees.
Kindly Let me know the links.
Thanks
With Warm Regards
août 10th, 2008 at %H:%M
Hi Rahim, try using http://www.xe.com
novembre 2nd, 2008 at %H:%M
I have check with RHB bank staff, according to them, the rate is fix and follow the sender rate on the particular days, no matter you go to which bank, also the same rate. I am sure my statement is 100% correct, I will proft it on my blog soon
mars 26th, 2009 at %H:%M
magkano po charge kapag nagpadala ng 10k from philippines to abudhabi,UAE..salamat po
juin 18th, 2009 at %H:%M
i dont know how to compute for the exchange rate of dollar to
peso. How the banks earn in this exchange rate… please help me now!