Recruitment companies suggested a new remittance scheme called pay-rolling system. Under the new proposed system of sending remittances, OFWs would be required to send to the Philippines 70% of their monthly earnings. According to the president of LBS E-Recruitment Solutions, Lito Soriano, this method will significantly lessen the rate of remittance fee and at the same time increase and make the flow of remittances into local banking sector faster. Read more.