I have read blogs that say that when you marry a Filipino, you have to send money to your family.
In our case, my wife's sister takes care of the children. My wife is the only one who comes to Japan, so sending money is a necessity.
The money is sent through BDO Remit around the 20th of every month. Since most of the Filipinos don't have a bank account, they designate CEBUANA LHUILLIER as the recipient.
CEBUANA LHUILLIER is a non-bank financial company that provides pawnshop, remittance, currency exchange, etc. Since there are nearly 2,000 branches all over the Philippines, it is convenient to receive cash at the nearest branch office of the receiver. In fact, I can see this company here and there in Cebu.
BDO Remit's parent bank is BDO, which has a branch in Japan, and BDO Remit also has a Japanese subsidiary in Shinjuku, where I send money to Philippines.
At first I was going to use SBI Remit, but I don't know why, but SBI Remit had stopped remittance business for a while, so I decided to use BDO Remit.
The remittance fee is also reasonable, 750 yen from 10,001 yen to 100,000 yen. This is the same amount of money at the counter, but there is a separate transfer fee when you use a bank.
It is important to note that if the recipient is CEBUANA LHUILLIER, the maximum amount of money you can send is 50,000 pesos at a time. So if you want to send more than 50,000 pesos, you need to split it into 2 accounts.
He rarely sends more than 50,000 pesos. In my case, it was only twice, once for my wedding and once when I bought a piece of land.
Right now I'm working in Tokyo, so I'm going to the office, but in the future I'll have to consider transferring the money to BDO Remit's bank account.
BDO Remit has two types of accounts: Sumitomo Mitsui Banking Corporation and Japan Post Bank. If you have an account at the same branch of Sumitomo Mitsui Banking Corporation, there is no transfer fee if you have a cash card. If you have an account at the same branch, there is no transfer fee if you have a cash card. So I am thinking to open an account at the Shinjuku Nishiguchi branch of Sumitomo Mitsui Banking Corporation when I have a chance.
