# Are You Losing Money Every Time You Send Money Home?
Here’s something we see all the time: Filipinos in the UK sending remittances through the first service they find, not realising they’re paying twice.
There’s the obvious transfer fee, sure. But many services also hide extra costs in their exchange rate — the rate they give you is worse than the real one. So you end up sending less money home than you think.
**The maths?** If you’re sending £200 a month and losing just 2-3% to hidden fees, that’s roughly £50 gone every month. That’s £600 a year your family doesn’t get.
The good news: you don’t have to accept this. Different services offer genuinely different rates and fees. Switching could put real money back in your pocket — and your family’s too.
Before your next transfer, it’s worth checking what you’re actually paying. Compare the exchange rate you’re offered against the real mid-market rate. You might be surprised.
**Have questions about your finances?** We’re happy to chat — no pressure, just honest advice. Message us or visit **budgetloansuk.com**
💙 Let’s help your money work harder.
