Whether sending money to your loved ones, or maybe paying for an online transaction, doing Pera Padala has become a convenient way to transfer money securely.
The most known money remitance centers in the Philippines are:
- Palawan Express Pera Padala
- Cebuana Lhuillier Pera Padala
- Western Union Money Transfer
- LBC Remit Express
- Mlhuillier Kwarta Padala
The rates though for these money remittance centers differ. Some charge cheaper than others. The remittance fee may also be higher when you send money from one region of the country compared to another.
In this post, we will show you the Pera Padala Rates Comparison of these 5 establishments. Check the tables below of the remittance fees comparison whether you are sending money either from Metro Manila, North Luzon or from South Luzon, Visayas or Mindanao to any point in the country.
Take note that the following Money Remitance Rates may change at any time. Darker Colors mean higher rates.
NCR or Metro Manila Pera Padala Remittance Fees and Comparison
Recommendation: Sending money from Metro Manila costs the least via Palawan Express, Cebuana Lhuillier or Mhuiller – these 3 more or less has the same padala rates but if you are sending more than 10,000 pesos best to go via Palawan or Mhuiller as the Cebuana rates become more expensive.
Doing Pera Padala from North Luzon
Recommendation: If you are doing Kwarta Padala from any Luzon Province, do your remittance via Palawan Express or Mhuiller, the other 3 remitance centers has double even sometimes triple the kwarta padala fees.
Kwarta Padala Rate Comparison for money transfers from South Luzon, Visayas, Mindanao
Recommendation: For those in South Luzon, Visayas or Mindanao provinces, if you are sending less than 10,000 pesos, go with either Cebuana or Palawan Express. If the money you are trying to transfer is above 10,000 pesos you may want to go via Palawan Express or Mhuiller.
VERDICT: All in All, Palawan Express seems to offer the lowest Padala Rates while sending money via Western Union in the Philippines may be the most expensive.