sending money to your love ones in the philippines bussiness

New Zealand
July 29, 2012 3:47am CST
hello mylotters,i have been wanting to have a bussiness sending money to the philippines,just dont know how ,would be very happy if someone can show me the way to that bussiness
1 person likes this
3 responses
@Graceekwenx (3160)
• Philippines
29 Jul 12
Welcome to Mylot! Why wont you do it via paypal? You would just need the recipient's email address and you can send money through the credit card.
• United States
29 Jul 12
First you have to line up a company that sends the money and get to be an agent for them,you will need some , a lot of backing , because they are trusting you with their money, one way is to be bonded for what ever figure they want.You must get all the paper work done, and you will need an office to do business from , rent utilities etc. fax machine, computer telephone. then you need a big clientel of Philippinos , are there enough in your area to make the business pay. Do SURVEY AND FIND ALL THEM IN YOUR AREa. ask the company you will use to transmit the money if there is enough. write every thing and down and analyze it before you start. good luck
@joliefille (3690)
• Philippines
29 Jul 12
Do you mean to say you wish to have a business which caters to the money remittance industry? GCash is one easy way to remit money to the Philippines, perhaps you can try to contact the equivalent to Department of Trade and Industry in New Zealand. I don't really know what the DTI equivalent is called there in NZ.