How to transfer money to BDO bank account ?

[grahamw48]

I want to send some cash to my fiancee in Singapore.

Before she went there she opened a BDO bank account in Manila and she has given me the number of that account.

Can I transfer money from my bank here (online banking) directly to her account, or do I need to use a different method ?

Cheers.

[Dedworth]

Graham - my understanding is that if you do it from your UK bank you will be hit by rip off charges ie I've just checked Santander and its £25.00. You are probably best signing up to a Philippine Money transfer outfit like CBN Grupo Net London - you then pay the money to them via Faster Payments or Debit Card costing you nowt and they transfer it at their much more reasonable rate

http://www.cbngrupo.net/index.html

[lordna]

Graham, We regularly transfer money to my wifes BDO account in the Philippines or her sisters account by using PNB Europe (Philippines National Bank). The charge is normally £5.50 but may be more for large sums. Once setup its very very quick and as far as i am aware about the cheapest way to transfer money to the Philippines.

Before that we were using a Caxton money card but then the banks in the Philippines introduced an extra 2.5 percent charge for using it at an ATM. Hope this helps the PNB website is
http://www.pnbeurope.com/

[Moy]

i have a BDO Account..at the same time has a UK bank account..but to transfer funds to my BDO Philippine bank cost me 20 pound every transaction from my UK Account..i didnt bother..so ive chose to send remittance to my mum to put cash on my BDO account

[mary_drew]

my hubby transfer money to my BDO kabayan bank account through worldremit. takes one day to receive the money.

i think charges are more when you transfer directly from a Uk bank. we did bank to bank transfer before and received lesser amount than the amount we expected.

[raynaputi]

we use Paypal to do that and the money is usually transferred after 2-4 days..although BDO would charge Php200 for processing.

I think others here have used WorldRemit and it has a direct transfer from your bank to BDO accounts..

[Moy]

we use Paypal to do that and the money is usually transferred after 2-4 days..although BDO would charge Php200 for processing.

I think others here have used WorldRemit and it has a direct transfer from your bank to BDO accounts..

AHA..thats cool rayna i been using worldremit and am thinking if possible to do it until ive just read your reply maybe worthy to try
and have you got idea how much does it cost in doing this transaction..

[raynaputi]

AHA..thats cool rayna i been using worldremit and am thinking if possible to do it until ive just read your reply maybe worthy to try
and have you got idea how much does it cost in doing this transaction..

I'm not really sure Moy, coz I've never used it..but others here have used WorldRemit.. Keith and I prefer the Paypal transfers..

[grahamw48]

Thanks everybody !

I'll look at all those methods.

[mary_drew]

how much does it cost in doing this transaction..

hi moy . my hubby transfer money to my BDO account using worldremit. i think for small amount about 100 GBP. it will only charge you 4.99 GBP.

[Moy]

hi moy . my hubby transfer money to my BDO account using worldremit. i think for small amount about 100 GBP. it will only charge you 4.99 GBP.

thanks for the reply mary_drew

[grahamw48]

Thanks.

'Small amount' ....hey, I'm a Yorkshireman !

[Dedworth]

Thanks.

'Small amount' ....hey, I'm a Yorkshireman !

I don't get the logic behind accepting the charges on "Small amounts" £4.99 on £100 is 5% in my book - why not transfer say £400 at less frequent intervals then the £4.99 is only 1.25%

[andy222]

Graham, We regularly transfer money to my wifes BDO account in the Philippines or her sisters account by using PNB Europe (Philippines National Bank). The charge is normally £5.50 but may be more for large sums. Once setup its very very quick and as far as i am aware about the cheapest way to transfer money to the Philippines.

Before that we were using a Caxton money card but then the banks in the Philippines introduced an extra 2.5 percent charge for using it at an ATM. Hope this helps the PNB website is
http://www.pnbeurope.com/

I was told no charge for using the caxton card.

[mary_drew]

Thanks.

'Small amount' ....hey, I'm a Yorkshireman !

ahihihihihi ... coz i have read others here send large amounts than that so i used the term small amount . ahihihi... guess i should just omit the word small .... though that amount is also not a "small amount" for my hubby. as he sends me smaller amount .... but hes not from yorkshire

[Dedworth]

I was told no charge for using the caxton card.

You are correct Andy ............Caxton clearly state no atm fee - this is probably a rogue bank charging, if people have been hit with a fee they should take it up with Caxton see my post #47 http://filipinaroses.com/showthread....in-Phils/page2

[grahamw48]

I don't get the logic behind accepting the charges on "Small amounts" £4.99 on £100 is 5% in my book - why not transfer say £400 at less frequent intervals then the £4.99 is only 1.25%

Depends how urgently they need money and how much you have to spare...and I aint married...yet.

[stevewool]

i did it into ems account when she was in the phils, with western union, you pay a fee but this fee also includes the charge that there bank with charge too, and as long as you pay cash you will not get any charge from your bank

[andy222]

You are correct Andy ............Caxton clearly state no atm fee - this is probably a rogue bank charging, if people have been hit with a fee they should take it up with Caxton see my post #47 http://filipinaroses.com/showthread....in-Phils/page2

Thanks Dedworth I will let you know when I come back.

[grahamw48]

i did it into ems account when she was in the phils, with western union, you pay a fee but this fee also includes the charge that there bank with charge too, and as long as you pay cash you will not get any charge from your bank

Yes, WU is easy enough, and in the past I've used Moneygramme and even set up a special bank account with a debit card sent off to the recipient to use, but sadly my fiancee it would appear is practically a slave in the house and just does not have time 'off' to find and make the trip to a WU place near enough to where she lives.

[Smurfette07]

I send money to the Philippines BDO using LCC money transfer, theres a branch i go to in Leeds, and the charge is pretty good.. transaction charge is only £5 but i was told that there is additional charges if sending more than £1000.
money's transferred and ready the next day. i like having a tracking number because it actually tells you that the money you've sent is in the bank and is ready for pickup..

this is the site where i check

https://www.bdocashcard.com/rts/remitinquire.asp


oh just though i would post it up..

http://remittanceprices.worldbank.or...nes/:icon_lol:

[grahamw48]

Thanks Smurfette.
Leeds is only 30 mins from me.

Oh, and where is the branch in Leeds..which road ?

[Dedworth]

Don't the Yorkshire Bank do any good deals for the locals Graham or did that all stop when the Aussies bought 'em ?

[grahamw48]

Don't know...think they closed my account 30 yrs ago.

[grahamw48]

Update:

I've gone with OrbitRemit (New Zealand based).

I can transfer funds straight from my bank on-line into my lady's bank in Manila (for which she has an ATM card).

First 2 transactions free of charge.

So far so good.

[Moy]

Update:

I've gone with OrbitRemit (New Zealand based).

I can transfer funds straight from my bank on-line into my lady's bank in Manila (for which she has an ATM card).

First 2 transactions free of charge.

So far so good.

any links for that Graham..and how long it takes to trasfer the money to your gf bank account..if i rem she has BDO bank account?? as im thinking to use it as well to put some money directly from my UK BANK account to my BDO ACCT.(ph bank account)

[grahamw48]

Depends on your UK bank Moy.

Some faster than others (explained on their site). 1-3 days.

I don't have the link this minute, but just put OrbitRemit in google.

I chose them because of the positive reports on a comparison site.

Yes, she has a BDO acct.

[Moy]

ah..thanks graham..no probs

[han]

Hello everyone,

Was 'bout to ask how to send money in Mindanao 'till i found this post.
I've been sending through Money gram here in Berwick-upon tweed, and i must admit it's quite expensive £9.90 every transaction.
So I am looking for any means to do it.
My mother in Mindanao has PNB account- only, but I don't know where to send money here in the UK if i will do bank to bank- we use RBS.

Thanks...

[grahamw48]

Try OrbitRemit.

They deal with a range of banks, plus different methods of delivering the cash.

Apparently my transaction (all online) went through ok, and was free of charge.

They have a freephone number if you have any queries, and yes they did phone me back when I needed some help.

Actually, £9.90 doesn't seem too bad, depending on how much you send.