What is the cheapest way I can transfer money from Hongkong to the US?

Question

Also from Hongkong to the Philippines? Thank you.

Answer 1

There's no really cheap way.

Western union is expensive and there's commission on direct wire transfers. A friend of mine wired 3000 Euros and paid around 500RMB for the service.

I think the commission is around 3ish%. You might also get charged a commission on the receiving end too.