Being away from your loved ones is not easy. Yet, millions of people from the Philippines travel abroad every year in hopes of providing a better future for their loved ones back home. In all this hardship, one thing they want to ensure is that their payment reaches back home safely and fairly.
In a world filled with scammers and opportunists, many Filipinos are victims of unexpected fraud. You may think that it all relies on fate, but that is not all. Being vigilant can help you secure your transactions and make a change for the best.
Here is how you can secure your international transactions in The Philippines.
Reset Your Passwords
People often use online banking systems and financial services to send money to the Philippines from the USA. Services such as Western Union can be very reliable and convenient, but even the slightest bit of negligence can lead to dire consequences. Being vigilant can make a significant difference for your online security.
You may need to keep the passwords provided by the financial service of your choice initially, but keeping them the same for a long time can make you vulnerable. You must change these passwords at regular intervals to always stay in charge of your own financial security.
Avoid Public Logins
One of the biggest mistakes you can make while sending money to the Philippines is using public computers. Your password can be easily traced on public systems, and it may jeopardize your security while sending money back home.
It is best only to use your public devices to log in to your financial accounts or to access any other personal information. If you need to log in from a public computer, be sure to clear the cache and browsing history and delete temporary files before logging out.
Secure Your Details
While sending money to the Philippines, you do not need to provide anyone with sensitive information over the phone or via email. It is a scam that leads many people from the Philippines to suffer great financial losses. Being vigilant and not sharing your details unnecessarily can save you from harm’s way.
You do not need to provide your login information to anyone. Your ID and password should only be entered on the official login page of the secure official bank website. Look for ‘https://’ in the URL to ensure the site is secure.
Track Your Account Details
Every time you send money to the Philippines, do not stop there. It is not the end of the process. You must also take some time to go back to your account and monitor the account in your amount. Do your calculations to make sure that no more than the shared amount has been deducted.
If you see some unexpected deductions, do not delay the process of getting in touch with your financial service provider. They can help you understand the reason for the additional deductions or take the needful steps to ensure that your bank balance is restored.
