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Recently, SWIFT system was hacked and $81 million was successfully stolen. The money was sent to the Philippines to accounts at the Rizal Commercial Banking Corp (RCBC) held by two Chinese nationals who organize gambling junkets in Macau and the Philippines, as stated in this article.

Many young people have been able to get lucrative jobs abroad and many have been able to setup their business in the global market. The advent of the internet has facilitated money transfer to India during last two decades. It has been very easy to send money to Philippines, India, China, Brazil and other countries of the world due to the advent of the international money transfer mechanism.

Enjoy hassle-free, innovative, smart, secure & profitable cost saving way to remit, transfer & send money to Philippines from Hong Kong online with InstaReM. Hong Kong dollar to Philippine Peso exchange rate calculator shows the actual take home amount.