Google Adsense recently announced that publishers in Hungary and Hong Kong are now able to receive their Adsense earnings via Electronic Fund Transfer or EFT. Through EFT, earnings are deposited directly to the publisher’s bank account in his country. Payments are made in the local currency and converted using the exchange rate at the time of the payment.
EFT definitely saves one’s time especially if the publisher’s current mode of payment is checks, which arrive several weeks later. In the Philippines, publishers can be paid via Western Union but the hassle of visiting a WU branch will be gone if EFT is to be implemented.