How can i send some money to philippines?
Question:
Answer:
Take a US dollar draft and send to them.
It would be alot easier to get the stock symbols and just trade from a Scottrade.com account or some such thing. Yahoo! Finance will be able to get you the symbols - search for the stock symbol and specify stocks from outside the US in the search parameters.
As for the money, call or go online to Western Union and ask them.
Well first of all to invest in stocks requires alot of time as you need to always research and follow the markets so you know when to sell or buy if you have funds to invest you can consider hireing a financial planner If you need assistance you can write to me at bill67co@yahoo.com
You probably do not need a bank account at any bank in India, but if you have one, it can help. Ask the teller what their options are. Likely, you can get a money order, which is like a personal cheque, except it is more trustworthy for the receiver's bank, since you already paid, and the bank has written the cheque.
Another option is to purchase the money order at the post office. I checked the India Post website about sending money orders. http://www.indiapost.gov.in/mo.html...
You will need to pay for the amount in cash in advance, and then they will write a cheque for you (the money order) which according to the website, cannot exceed 5000 rupees. Then you can mail that to your relative in Manila and they can cash it at their bank. There will be a fee for writing a money order at your post office or bank, which you need to ask about. Also, they will give you a receipt copy of your money order. Ask the post office about writing the cheque in the currency that your relative needs.
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