Tuesday, November 24, 2020

Withdraw Money From Coins.ph To Remittance Centers


Withdraw Money From CoinsPH to Remittance Centers

Coins.ph is one of the best mobile wallets available here in the Philippines alongside PayMaya and GCash due to its enhanced features when it comes to financial services.


Coins.ph has become one of my favorites e-wallets as they offer various services not only with handling digital currencies but also with bills payment and money transfers.


Coins.ph partners with numerous financial institutions in order to provide flexibility and ease when it comes to doing online transactions whether transferring money from banks or other e-wallets.

What I like most with Coins.ph is its flexibility when it comes to cashing out money that PayMaya and GCash don't have. Coins.ph allows withdrawal of money through remittance centers.


Receive Online Payments Without A Bank Account


If you are a freelancer or a small business owner who does not have a bank account yet, you may now receive online payments through e-wallets and transfer them to Coins.ph to cash out.

What you can do to be able to receive international payments or online payments from clients or customers is to create an account from Paypal or Payoneer and connect your Paypal or Payoneer to either GCash or PayMaya.

If you are a freelancer, you can receive your salary from international clients through Paypal or Payoneer, then, transfer it to GCash or PayMaya.

If you are a local business owner, you can receive online payments via PayMaya or GCash.

Once your money is already transferred to your GCash or PayMaya account, you can then transfer it again to Coins.ph for FREE.


After your money is transferred to Coins.ph, you can then cash it out to remittance centers like Palawan Pawnshop, Mlhuillier, and LBC.



How To Withdraw Money From Coins.ph To MLhuillier

Transfer and receive your money in 10 minutes from Coins.ph to Mlhuillier. Here are the steps to cash out your money.

1. Open your Coins.ph app on your mobile phone and log in to your account.

If you do not have a Coins.ph account yet, you can download the app from Google Play and create your account.

Take note that it needs ID verification. So, please prepare at least 1 valid ID.

2. Once logged in to your account, click "Cash Out" option.

3. Look for "Mlhuillier" on the remittance centers section or on the featured cash out options.

4. Enter the amount you want to cash out or withdraw from your Coins.ph account. Then, click the Next button below it.

5. Enter the receiver/recipient information such as the name, phone number, and address. Then, click the "Next" button.

Since you are sending the money to yourself, then, you have to enter your information or select the option "Send to me". 

6. Review the information entered to ensure you are sending the money to the right person.

7. Hit the slider button that says "Slide to pay".

8. After you slide the button, a 6-digit code will be sent to your email address. Enter the code received to finalize the transaction.

You will then receive a notification that the money is ready for pick up together with the tracking number.

If you are sending the money to others, say your husband or wife to pick up the money for you at the Mlhuillier outlet, they will be the ones to receive the tracking number.

Keep in mind that the transfer fee varies per transaction amount. There is 1% fee for every cash out.


How To Withdraw Money From Coins.ph To Palawan Pawnshop

The process of cashing out your money from Coins.ph to Palawan Pawnshop is still the same with Mlhuillier. Only that you are choosing a different Palawan instead of Mlhuillier.

But to give you a guide, just in case, you read this part directly, I will give you the steps below.

1. Open your Coins.ph account and log in.

If you do not have a Coins.ph account yet, just go to Google Play and download the app.

2. Once inside the app, look for the option "Cash Out".

3. After your select "Cash Out", look for "Palawan Express Pera Padala"

4. Enter the amount, then, click the "Next" button below it.

5. Enter your details, your name, phone number, address, if you are sending the money to yourself. If not, then, enter the information of your recipient.

Click the "Next" button again below it.

6. Review the information entered, then, slide the slider button below it.

7. A 6-digit code will then be sent to your email address. Enter those codes to finalize your transaction.

You will immediately receive a notification that your money is ready for pick up. The tracking will also be sent to your receiver.

Again, there is a 1% fee per transaction from Coins to any remittance center.


How To Withdraw Money From Coins.ph to LBC

If you feel that picking up your money in LBC is more convenient, then, you can choose LBC instead of Palawan or Mlhuillier.

Here are the simple steps to withdraw your money from Coins.ph and claim at LBC.

1. Log in to your Coins.ph mobile app.

2. Choose "Cash Out" among the options.

3. Look for "LBC Instant Peso Padala".

4. Enter the amount and click the Next button below it.

5. Enter the details of the receiver. If you are sending the money to yourself, you can click the option that says "send to me".

Hit that Next button below to proceed.

6. Check the information if they are all correct. Check the spelling and the phone number to make sure they are entered correctly. 

7. Slide the slider button that says "Slide to pay".

8. A code will then be sent to your email address. Check the code and enter it.

Once the 6-digit code is entered, you will then receive a notification that your money is ready for pick-up. The tracking number will be sent to your receiver.

That's it! So fast and easy.

Conclusion


With Coins.ph, there is no need to worry about how you can receive your hard-earned money from clients and customers.

Together with other mobile wallets, you can cash out your money sent online without a bank account or a bank card.

Should you want to get a card that you can use to withdraw on ATMS, you can get a GCash Mastercard for only P150.

For questions and concerns, feel free to use the comments section below.



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Disclaimer: I am not affiliated or in any way connected with CoinsPH. This blog post is for information purposes only. 

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