Blog

#124

Avoiding Remittance Scams : What Every OFW Should Know

by Pritz Mirafuentes

For millions of Overseas Filipino Workers (OFWs), sending money home is more than just a transaction—it’s an act of love. Every peso sent supports families, builds homes, and funds dreams. But with the rise of digital transfers, scammers are also getting more creative in finding ways to steal hard-earned money.

If you’re working abroad, protecting your remittance is just as important as earning it. Here’s a guide to help you recognize and avoid common scams when sending money home.

Beware of Fake Remittance Websites and Apps

Scammers often create fake versions of legitimate remittance websites or apps. They use logos, colors, and even ads that look exactly like real services. Once you enter your details, they steal your information or money.

How to stay safe :

Always type the official website URL yourself instead of clicking on links from messages or social media.
Download remittance apps only from official app stores (Google Play, Apple App Store).
Check reviews and ratings before downloading.
Look for “https://” and a padlock icon in the website address bar.

Don’t Trust Unverified Agents or Middlemen

Some scammers pretend to be “authorized agents” who promise lower fees or faster delivery. They may even show fake receipts to gain your trust.

What to do :

Only use official remittance centers, banks, or authorized agents listed on the company’s website.
Ask for official receipts and confirmation numbers for every transaction.
Never send money through personal accounts of strangers, even if they claim to represent a company.

Watch Out for Phishing Messages

Phishing happens when scammers send emails, texts, or social media messages pretending to be from a remittance service or bank. They may say your transfer was delayed or your account was locked, asking you to “verify” your details.

How to protect yourself :

Never share passwords, OTPs, or card numbers through messages or calls.
Legitimate companies will never ask for personal information via email or text.
Report suspicious messages directly to your bank or remittance service.

Compare Exchange Rates—But Don’t Fall for Unrealistic Offers

Everyone wants to save on fees, but if a deal sounds too good to be true, it probably is. Some fake sites lure OFWs with “super high” exchange rates and then disappear after taking the money.

How to stay safe :

Compare rates on trusted platforms like PhilMoney APP.
Be cautious of newly launched apps without credible reviews or company backgrounds.
Always verify if the company is registered and licensed to operate in your country by the government.

Keep Your Information Secure

Even legitimate apps can be risky if you’re careless with your data.

Smart practices :

Use strong passwords and change them regularly.
Avoid using public Wi-Fi when making transfers.
Enable two-factor authentication (2FA) for extra protection.
Log out of your accounts after every use.

Choose a Trusted and Licensed Remittance Service: PhilMoney

When sending money home, it’s important to use a legally licensed and regulated remittance provider — one that guarantees safety, transparency, and reliability.

That’s why many Filipinos in Japan trust PhilMoney. It’s a remittance company officially licensed and recognized by Japanese financial authorities, ensuring every transaction meets strict government standards.

PhilMoney’s Credentials :

KLFB 関東財務局長第00056号 — Licensed by the Kanto Local Finance Bureau in Japan.
JPSA 会員番号第00529号 — Accredited member of the Japan Payment Service Association (JPSA).

These licenses mean that PhilMoney operates under Japan’s financial laws and consumer protection regulations, offering OFWs peace of mind with every remittance.

Why OFWs Trust PhilMoney :

Fully compliant and transparent operations.
Secure transfers directly to your beneficiaries in the Philippines.
Fair exchange rates and no hidden charges.
Reliable customer support in both Japanese and Filipino contexts.

With PhilMoney, you can be confident that your hard-earned money reaches your loved ones safely — handled by a company that values integrity, security, and the Filipino spirit of care.

Every remittance tells a story of sacrifice, love, and hope. Don’t let scammers steal that story from you. Staying alert, verifying information, and using trusted platforms can go a long way in protecting your hard-earned money.

Remember : It’s not just about sending money home — it’s about sending it safely.

Posted : 07 November 2025