What are the advantages and disadvantages of using a SWIFT bank transfer?
Advantages: Large amounts can be transferred securely.
Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.
Will the recipient in Lithuania need identification to receive money from The Philippines?
Yes. If you're sending money from The Philippines to Lithuania for cash pickup, the recipient in Lithuania must show a valid ID and sometimes the transaction number. This helps ensure that money sent from The Philippines is securely delivered in Lithuania.
Do I need a bank account in The Philippines to send money to Lithuania?
Not necessarily. Many international services operating in The Philippines offer cash transfers to Lithuania, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from The Philippines to Lithuania, an account will be required.
How much is the commission for your service?
We do not charge any commission from the users of our system.
