Getting Western Union-Adsense payments at BPI



Yesterday, I got my Google Adsense earnings via Western Union. For a change, though, I opted to pick up my payment at a branch of the Bank of the Philippine Islands (BPI).

Yes, for those who do not know it yet, you can go to BPI or any other local bank to get your Western Union payments.

The requirements are the same. You need to show valid IDs and you need to fill up the same “Receiving Money” form.

However, in the case of BPI, you need to wait for several hours before you can get your money. That’s because the branch still has to send a communication to the head office where your Western Union payment request will be verified and then processed.

Of course, I was not willing to wait at the bank yesterday so I just instructed the staff to directly deposit it to my savings account. After two hours, I got a message from the bank staff that the transaction is complete and my account has been credited with the payment.

Like in other Western Union branches, there are no fees to receive the money except for the 0.15% documentary stamp tax.

Was it worth it? Not for me. I don’t think I’m willing to wait that long just to get my payment. In other Western Union branches, I only have to wait for around 10 minutes before I can get the money.

This was the first and probably the last time I’ll use BPI to get my Adsense earnings. Next time, I’ll just go to a WU branch near me to pick up the payment.

About the Author

PSEi support seen at 6,200 and 6,000 amid weaker Peso

In a not-so-surprising move, the U.S. Federal Reserve (Fed) yesterday raised interest rates by 75 basis points (bps) or 0.75% in a bid to tame rising inflation in the United States. This was the third consecutive 0.75% rate hike by the Fed, which brings the federal funds rate, the central bank’s benchmark interest rate, to ... Read more

Official SWIFT Code of BDO, BPI, Metrobank, Philippine banks

When sending cash remittances or wire transfer to a bank account in the Philippines (such as BDO, BPI, Metrobank, Landbank, DBP, etc.), you’ll surely need the SWIFT Code of the bank. Look no further because you can find all the SWIFT Codes you need in this list! Make sure you’re using the right bank code ... Read more
blank

How to Waive your Credit Card Annual Fee (BDO, BPI, Metrobank, RCBC, Citibank, UnionBank)

Without a doubt, one of the most annoying fees that credit cardholders have to pay is the annual fee. Majority of cardholders are familiar with this fee and majority of us likely pay this grudgingly year after year after year. In the case of my credit card with BPI (Bank of the Philippine Islands), I’m ... Read more
blank

Why Filipinos do not become business owners or entrepreneurs

For a majority of Filipinos, entrepreneurship does not seem to be a typical, expected path. This is not surprising, considering that in school, students are primarily taught to become employees after graduation. Students train for years to become staff workers, reporting to a supervisor, and just waiting to receive their wages or salaries every month. ... Read more
blank

My experience investing in Mutual Funds in the Philippines

I started investing in mutual funds when I was 22 years old. As an Overseas Filipino Worker (OFW) then, I was fortunate to be able to save some money at that young age because of my work abroad. One time while I was on vacation in the Philippines, I saw a large billboard in EDSA ... Read more
blank

Income Tax Tables in the Philippines (2022)

The Philippines’ new tax reform bill, known as TRAIN or Tax Reform for Acceleration and Inclusion, was signed into law on December 19, 2017 and its implementation began on January 1, 2018. What are the new income tax rates under the TRAIN law? How will TRAIN affect income taxes of individuals and corporations? How is the ... Read more
blank

PSE Stocks Performance under each Philippine President (1987-2021)

Did you know that Philippine stocks were able to achieve an astounding growth of 800% in a span of 30 years? From 1987 until 2018, the Philippine Stock Exchange index (PSEi) rose from 1,000 points to a peak of 9,000 points — generating a return of 800% over 30 years. (The PSEi is an index ... Read more
blank

SSL 2022: Salary Increases for Teachers, Nurses, Gov’t Employees

Good news to all government employees! There’s a new round of salary increases beginning January 1, 2022! Millions of employees of the Philippine government — including public school teachers, nurses and staff of government hospitals, and workers in local and national government agencies, etc. — will be getting an automatic salary adjustment this 2022 under ... Read more
blank

PSE Trading Hours in 2022: What time open, when closed?

Before you take the plunge into stock trading and investing, make sure you understand what stocks are and how the Philippine Stock Exchange (PSE) operates. Unlike other investments that are relatively safe, stock trading is risky and loss of money is a possibility. So before you deep dive into the exciting world of stock trading, ... Read more

Price Floor and Price Ceiling of PSE Stocks

Trading bands in the PSE come in two forms: Price Ceiling, or the upper price limit, and Price Floor, or the lower price limit.

8 thoughts on “Getting Western Union-Adsense payments at BPI”

  1. Why is that so, Tyrone? I think even if you claim only $100, it’s still OK to use BPI. However, because of the time lag between your request and when you actually receive the money, it’s a hassle to use banks to claim Western Union payment. No wonder they don’t advertise this much even if they offer the service.

    Reply
  2. Hi James,

    I called at BPI and was informed that they only accept Western Union transactions until 11:00 AM only. But if you trust BPI enough, then it ain’t so bad to have your adsense earnings go straight to your BPI account 2 hours or so. I might go to BPI tomorrow to claim my first Adsense payout. I’ll probably instruct them to deposit the earnings to my savings account. Thank you so much for this helpful information James. 😀

    Reply
  3. @SoNn, I’ll probably try them again if ever I can’t find a Western Union branch near me. I still prefer to just line up for 10 minutes or so in a WU branch then get my cash soon afterwards rather than wait for hours for BPI to complete my transaction 🙂

    Reply
  4. “I think getting adsense payment thru BPI is ideal only for those huge adsense earners.”

    I beg to disagree. Because WU exchange rate are very low. If you are receiving huge aadsense earnings, that will costs you huge loss in terms of exchange rate. It is better to get your payment on WU in dollar currency and look for a better xrate money changer.

    Reply
  5. I don’t know how it is now for other branches, but when I claimed my WU from my branch it was fairly easy. The bank lady just had a little trouble completing the process (her first time). She got it through after using sender firstname = Google, middlename = Adsense and lastname = Inc. Confirmation was less than 10 minutes.

    Reply
  6. The 2011 Frazier Canteen dinner & dance is SOLD OUT! If you’d like to be added to our mailing list next year, call (502) 753-5663.

    Reply
  7. Hello ,
    Adsense sent money to me thru western union ,But its in Saudi Arabia,I already moved to Philippines two months ago,How can I pick my payment if its in Saudi Arabia.?I do not have way to go back in there ,,?
    Can you help me or do you have idea how to get my payment ? Thank you so much .

    Reply

Leave a Comment