Transferring Money to RP, Again

[Maria B]

Excuse my Stupidity please..
So with the CNB do you have to sign up for this cash card in Phils?
from time to time I may need to send money over (using debit card from uk bank acct now) so should I get my Mahal to sign up for this there - then I can load the cash card from a UK bank account? Its friday and I am s-l-o-w.. or do I sign up online?
Thanks
Tone

No worries tone. Hotline is 24/7.
Try to check their website to email or much better phone them. Hope the address below helps. I did applied for Banco de Oro in the Philippines but when I found CBN London Ltd...at the same time I just applied cash card for the family here in the UK. Try to contact them & for sure they would be of help.

At first I phone them & I was allowed to send money for the first time eventhough I wasn't a member yet. So the money was send from my halifax debit card to the family's BDO bank account in the pHils. They asked my full details & address and they sent me the form. I fill up the form with my passport photocopy (signed & certified correct from my employer) & a passport photo. U may register 3 names of the family for the CASH card application.

Here's the contact details:
for uk
CBN LONDON LTD
GROUND FLOOR 50 MARGARET STREET LONDON W1W 8SF
Tel no.: +(44) 0207 099-4280 / 0207 462-3000
Email add: cbnlondon@cbngrupo.net

for spain
CBN REMITTANCE CENTER S.A.
Sor Angela de la Cruz 36 Planta Baja Madrid, Spain 28020
Tel no.: +(34) 915 671 533 / +(34) 915 705 090
Email add : cbnmadrid@cbngrupo.net

[Maria B]

Recommend this one: U may phone for enquiry (24/7) or print out the form to register from the website & send it to the address below.
CBN LONDON LTD
GROUND FLOOR 50 MARGARET STREET LONDON W1W 8SF
Tel no.: +(44) 0207 099-4280 / 0207 462-3000
Email add: cbnlondon@cbngrupo.net

Here's the contact details:
CBN REMITTANCE CENTER S.A.
Sor Angela de la Cruz 36 Planta Baja Madrid, Spain 28020
Tel no.: +(34) 915 671 533 / +(34) 915 705 090
Email add : cbnmadrid@cbngrupo.net[/QUOTE]

CBN LONDON LTD
GROUND FLOOR 50 MARGARET STREET LONDON W1W 8SF
Tel no.: +(44) 0207 099-4280 / 0207 462-3000
Email add: cbnlondon@cbngrupo.net

[johncar54]

........ So the money was send from my Halifax debit card to the family's BDO bank account in the Phils.

Maria.
Not wishing to split hairs but I believe you would have sent the funds to CBN using your Halifax card. The funds would have then been in the CBN system. They then made the transfer to Phil., using their banking facilities.


However on a cautious note:

This is an extract from CBN website:-

Unlike other private owned remittance companies, we operate in a professional banking environment. Our associates are well versed in all aspects of financial trading, Anti Money Laundering policies, and customer service.

We pride ourselves on our proven track record for effectively capturing a majority of the European OFW remittance market and we are continuously working to improve our services.

Our management is dedicated to ensure that all our business requirements are met within allotted restraints and time schedules.

Thus they appear to be an business independent of any bank. "we operate in a professional banking environment" To me that does not mean anything. When we use any bank we all do that (even Nigerian fraudsters do ! ).

They do not show that funds transferred to them, for onward transmission, are protected by 'reputable insurance or by a bank group' etc. thus if they were to go broke (as one such company did, it was reported in a thread) you would loose any funds 'in their system.'

For me I would not entrust funds to anyone without a cast iron guarantee that they were protected.

[Maria B]

Maria.
Not wishing to split hairs but I believe you would have sent the funds to CBN using your Halifax card. The funds would have then been in the CBN system. They then made the transfer to Phil., using their banking facilities.

my apology johncar54....YesThat's the process. Sorry I didn't elaborate it further & gave the website for everybody to check it out. Hope u still have your split ends intact ......................and I am sending the family today through online. Phone CBN London agent & they will transfer the same procedure from my halifax to Natwest (they have 3 banks).

I've been using CBN for almost 3 years now as well as my filipino friends...just like Aingeall, she's been using CBN as well. For us, it's reliable and we are happy with the service. It's really a choice to everybody. CBN agents are Filipino & we just talk tagalog everytime we do transactions. Like u, I was also hesitant at first but when I phone them, they are very helpful and allow me to transact eventhough I'm no registered yet. They sent me form to sign in & sent it back to them & that was 2008.... 2010 I applied cash card for the family here in the UK & CBN London sent the cards to my loved ones. (ooopppsss mentioned this already )

[Aingeall]

For me I would not entrust funds to anyone without a cast iron guarantee that they were protected.

Thousands of Filipino Immigrants in UK & Ireland use CBN coz they are reliable. I myself has been sending money through this company since January 2003. In every transaction you made, you'll get a receipt & it's even kept in their system. So far, I never had a problem w/ my account. I use my HSBC/Halifax debit cards in sending money online.
I even had an experience setting up a new account for my mum & got the account number wrong. They phoned me immediately telling me to check the account, as it was invalid.
It may be a risk, but it's a risk worth trying for me, as I've been their client for nearly a decade.