Here comes a grand opportunity for Filipino migrants who send money to Philippines from the UK, Europe, Canada, Switzerland, and Australia through ACE Mony Transfer.
ACE Money Transfer has launched yet another exciting campaign for Filipino migrants who can participate in it and win one of the 9 iPhone 14 Plus or one of the 3 Honda Click 160 motorcycles in a series of lucky draws. Not only these prizes but also the firm offers entirely Fee-Free money transfers during this promotion. It means that you can send money home without paying any fees and win enticing rewards simultaneously.
A report by Pilot Guides said that the Philippines has one of the largest diaspora populations in the world, with about 10 million expatriates living in different countries.
Of these 10 million Filipino migrants, those living in the listed countries can participate in this exciting campaign.
Participation in this campaign is simple and easy. And even simpler is winning the prizes.
Keep reading to know the details.
But before getting to know all about the campaign, a look at some of the reasons that push Filipinos to travel to other countries to seek better employment opportunities is appropriate.
Let’s get started!
Common Reasons Why Filipinos Become Overseas Filipino Workers (OFWs)
It is no surprise that one finds many OFWs across the world who earn a living.
These OFWs are known for their dedication to work and reliability. Because of these qualities, Filipino migrants are also known as modern-day heroes.
But behind this claim to fame, there are a few reasons that are discussed below.
Several Career Opportunities
Although Filipinos can find work in the Philippines, these opportunities are limited. In addition, most of the jobs are available in contractual arrangements. Therefore, Filipinos travel to other countries where job openings are many and primarily permanent.
More Benefits And High Salary
Many foreign employers offer reasonable compensation, which is almost non-existent in the Philippines. In addition, employers in the Philippines hardly offer any benefits that naturally come with certain jobs.
Because most jobs in the Philippines are contract based.
Therefore, the OFWs work in foreign countries offering reasonable salaries and other perks and benefits.
Relax Job Qualifications
Since job markets in developed countries are expansive, with innumerable job openings appearing regularly, employers keep the inducting conditions relaxed. Because of strict recruiting conditions, the vacancies will likely remain vacant.
Therefore, with bare minimum qualifications, OFWs can find better employment opportunities that are hard to find in their native country.
It is a sad truth that Filipinos face discrimination, mainly when they apply for jobs.
Let’s face it.
Some of the applicants face discrimination due to their lack of connections with those that matter.
Some, on the other hand, face discrimination due to their not-so-good looks.
Therefore, Filipinos travel to developed counties for jobs where mostly the inductions are driven by pure merit, experience, education, etc.
Longevity Of Jobs
Even if a job is contractual but is extendable, it does not matter and is not much of a reason to push Filipinos out of the Philippines. But the challenge is that most of the jobs in the Philippines are contractual, with little chance for the renewal of the contract.
It means that the job can come to an end at any time with little chance of re-employment.
In developed countries that OFWs go to, there is little margin for such a complicated situation to arise.
The High Unemployment Rate
The unemployment rate in the Philippines is high compared to other countries in the region. It pushes many households deep into poverty, and it becomes a challenge for families to put food on the table, let alone afford other life essentials like quality education, etc.; hence the exodus of Filipinos.
The Flailing Economy Of The Philippines
- The Philippines nominal GDP stood at $394.09 billion in 2021, a World Bank report said.
- The country had a GDP per capita income of $3,460.5, in 2021, according to another World Bank report.
These economic figures are not promising for a country whose job market has to accommodate about 10 million people of employable age every year.
The Declining Remittances
According to the latest World Bank report, inward remittances to the Philippines nosedived in 2022, barely reaching $9.07 billion.
It was significantly lower than the volume of remittances in 2021 when the World Bank said in another report that the remittances stood at $36.69 billion.
It is a major cause for concern for the government because remittances serve almost developing countries as a financial lifeline.
These are a few reasons that push Filipinos out of the country to seek better work opportunities abroad.
Let’s now understand the campaign details.
Details Of The Exciting Campaign
As mentioned earlier, this campaign is designed for Filipino migrants who send money to the Philippines from the listed countries above as cash, or to a bank, wallet or as a top-up through ACE Money Transfer.
This simple step will ensure their participation in the current campaign.
This campaign’s complete Terms & Conditions will let you participate effectively and increase your chances of winning prizes.
A few essential points, however, warrant further explanation.
Prizes And Winners
A total of 9 iPhone 14 Plus and 3 Honda Click 160 bikes are being doled out through the campaign in a series of lucky draws.
Phones will be given to the remitters, whereas the bikes will be given to the recipients who will be nominated by the remitters, should they win.
Duration Of Campaign
The campaign remains live from the 1st of June till the 31st of August.
An Additional Surprise
Filipino migrants will send money fee-free during the campaign duration with no bar on the number of fee-free transfers.
Just keep sending money daily instead of making several transfers in one day. All transfers are fee-free, so one transaction a day across the campaign duration will increase the winning chances.
ACE Money Transfer – Helping In Unique Ways
Filipino migrants are not required to do anything new. They just need to follow the simple steps explained above and stand a chance to win one of the 9 iPhone 14 Plus or one of the 3 Honda Click 160 bikes now!