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  1. #1
    Respected Member Jay&Zobel's Avatar
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    Hi there, it's quite a long time since i visited this site. I so miss the forum and all information given!

    My husband & I will be visiting the Philippines this month, and i have been using BPI Remittance UK Plc (hope this is ok sharing this? Mr keith pls edit if u must) in remitting money to my mother in the philippines. It has a low cost and also has a very good exchange rate. So what i'll be doing before we go on holiday is to transfer money GBP from our UK bank account to BPI UK (online banking) and the money will be transfered to BPI Philippines in Pesos (current exchange rate) (you can withdraw it in any BPI Branch). This will also minimize costs, hidden charges & has a better exchange rate also than using UK bank cards. Hope this will help... Plus its only £7.00 handling charge on the 1st £500.00 and few pence on succeeding pounds? hehe not sure.. something like that.. its really really cheap.

    u can phone them at 44207 835 0088 for enquires
    BPI - Bank of the Philippine Islands (one of the most stable banks in P.I.)

    i've stopped using WU coz its so expensive!!!
    plus remitting in banks like BPI helps the economy of the Philippines too...

    take care,


  2. #2
    Respected Member Pepe n Pilar's Avatar
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    Quote Originally Posted by Jay&Zobel View Post
    Hi there, it's quite a long time since i visited this site. I so miss the forum and all information given!

    My husband & I will be visiting the Philippines this month, and i have been using BPI Remittance UK Plc (hope this is ok sharing this? Mr keith pls edit if u must) in remitting money to my mother in the philippines. It has a low cost and also has a very good exchange rate. So what i'll be doing before we go on holiday is to transfer money GBP from our UK bank account to BPI UK (online banking) and the money will be transfered to BPI Philippines in Pesos (current exchange rate) (you can withdraw it in any BPI Branch). This will also minimize costs, hidden charges & has a better exchange rate also than using UK bank cards. Hope this will help... Plus its only £7.00 handling charge on the 1st £500.00 and few pence on succeeding pounds? hehe not sure.. something like that.. its really really cheap.

    u can phone them at 44207 835 0088 for enquires
    BPI - Bank of the Philippine Islands (one of the most stable banks in P.I.)

    i've stopped using WU coz its so expensive!!!
    plus remitting in banks like BPI helps the economy of the Philippines too...

    take care,
    Hi Jay & Zobel,
    I'm receiving my remittance from U.K. every month and it is being sent thru my friend's account in Barclays to be credited to my account here at BPI-Savings Bank. It only takes 4 days. Charges is 5pounds per send (much cheaper than sending it bank-to-bank) and a 2pounds and .50pence for every 100pounds sent. If you have an account in U.K. wherein you can use it here in the Phils and will dispense the local currency why not use it? My local bank BPI-Savings is international so when i go to other countries i can use the ATM (the machine should have that logo) and will dispense the curency of that country.


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