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Thread: Sending money back to the Philippines

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    Sending money back to the Philippines

    Hi everyone! I know most of us here sending money back to the Philippines for our family. My question is what is the cheapest company to used to send money? Hope anyone can answer my question please. thank you!


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    Respected Member melovesengland's Avatar
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    We are using BPI. £5 fee for up to £1000.00 remittance. Have a look on their website on how to. https://www.bpieuropeplc.com/remittances and https://www.bpieuropeplc.com/faqs for more info.


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    Trusted Member sars_notd_virus's Avatar
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    Quote Originally Posted by lovejoy View Post
    Hi everyone! I know most of us here sending money back to the Philippines for our family. My question is what is the cheapest company to used to send money? Hope anyone can answer my question please. thank you!
    have you got any BPI/PNB/HSBC Account here in the UK? its easier and cheaper to transfer money once you have an account with any of the local banks in the PH...if not , try some filipino shops (they offer money padala) they do the same rate but is not too secured.
    ''Don't be serious..Be Sincere''


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    Trusted Member sars_notd_virus's Avatar
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    Quote Originally Posted by melovesengland View Post
    We are using BPI. £5 fee for up to £1000.00 remittance. Have a look on their website on how to. https://www.bpieuropeplc.com/remittances and https://www.bpieuropeplc.com/faqs for more info.
    Its only cheaper if you already got an Account with PNB/BPI/HSBC account here in the UK , they can charge you little because they got affiliated bank here and will just transfer your remittance via wired/online..
    ''Don't be serious..Be Sincere''


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    Moderator joebloggs's Avatar
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    pnb europe.
    http://www.filipinouk.com/forum/image.php?type=sigpic&userid=870&dateline=1270312908


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    Thanks for all the reply guys very much appreciated. I'm currently using Money Gram and everytime I send money it cost me £9.90 I'm kuripot. I will check it out.


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    Respected Member melovesengland's Avatar
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    Quote Originally Posted by sars_notd_virus View Post
    Its only cheaper if you already got an Account with PNB/BPI/HSBC account here in the UK , they can charge you little because they got affiliated bank here and will just transfer your remittance via wired/online..
    Exactly, we use BPI to BPI for cash remittance online. Its easy and quick as well thats why were sticking on it.


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    Is there any BPI here somewhere in London that we can open account.


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    Respected Member andy222's Avatar
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    Quote Originally Posted by sars_notd_virus View Post
    have you got any BPI/PNB/HSBC Account here in the UK? its easier and cheaper to transfer money once you have an account with any of the local banks in the PH...if not , try some filipino shops (they offer money padala) they do the same rate but is not too secured.
    Hsbc? Wrong it costs £17 to send money to the phils. I think I will be using world remit from now on.


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    Trusted Member sars_notd_virus's Avatar
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    Quote Originally Posted by andy222 View Post
    Hsbc? Wrong it costs £17 to send money to the phils. I think I will be using world remit from now on.
    yes you are wrong!! ... I had a quick look at hsbc website and its £5 pound for hsbc advance customers ... http://www.hsbc.co.uk/1/2/internatio...ansfer/details
    ,its actually cant be higher than the rate of BPI and PNB online remittance transactions ..btw, talking about world remit just like any other bank their rates will be subjected to change.
    ''Don't be serious..Be Sincere''


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    Trusted Member sars_notd_virus's Avatar
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    Quote Originally Posted by lovejoy View Post
    Is there any BPI here somewhere in London that we can open account.
    yes heres the link
    https://www.bpieuropeplc.com/contact_us
    ...we did ours online and over the phone , you need to send documents registered post ..we got our documents back the next day...they were extremely helpful speaks english/tagalog
    ''Don't be serious..Be Sincere''


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    Trusted Member sars_notd_virus's Avatar
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    i forgot to include that after you got a STAR account with BPI , then you can do it all online.
    ''Don't be serious..Be Sincere''


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    Respected Member Ako Si Jamie's Avatar
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    HSBC quoted me £30


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    Respected Member han's Avatar
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    Hello Everyone, I use money gram in sending money to the Philippines via post office, now I just had a look and it says you can send online too. Just thinking that will save me going to the town, I would like to ask does any one here in the forum use or tried money gram online?
    I am not sure if it's safe or not.
    Thank you.
    Han


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    Just give your employer the Filipino bank account details...saves all the fuss and cuts out us middlemen


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    Moderator fred's Avatar
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    Quote Originally Posted by gWaPito View Post
    Just give your employer the Filipino bank account details...saves all the fuss and cuts out us middlemen
    Are you having a laugh or what?


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    Respected Member Michael Parnham's Avatar
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    With Nationwide online banking as an a/c holder £5 up to £5000!


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    Respected Member SimonH's Avatar
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    Quote Originally Posted by Michael Parnham View Post
    With Nationwide online banking as an a/c holder £5 up to £5000!
    Really, thanks I didn't know that. Transfer to any bank in the Philippines?


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    I use Western Union online. So far never had any problem. Money will be delivered in a minute or can opt to send it directly into their bank account.

    I just found this works perfectly for me.


  20. #20
    Respected Member Michael Parnham's Avatar
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    Quote Originally Posted by SimonH View Post
    Really, thanks I didn't know that. Transfer to any bank in the Philippines?
    As long as your online banking with your bank in Philippines!


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    Quote Originally Posted by fred View Post
    Are you having a laugh or what?
    Havin a laugh Fred..I've woken in a good place today..im just making hay while it shines


  22. #22
    Respected Member han's Avatar
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    Quote Originally Posted by gWaPito View Post
    Just give your employer the Filipino bank account details...saves all the fuss and cuts out us middlemen

    ? ? ?


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    Admin's Assistant ^_^ raynaputi's Avatar
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    Quote Originally Posted by gWaPito View Post
    Just give your employer the Filipino bank account details...saves all the fuss and cuts out us middlemen
    I think Han needs a serious answer to her query..
    -=rayna.keith=-
    ...When you realize you want to spend the rest of your life with somebody, you want the rest of your life to start as soon as possible...



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    My experience = worldremit is by far the easiest cheapest and safest method i have used. Bank transfers take sometimes only 20 minutes and are cleared costing about £1.90 for under £100 -also mobile phone top ups are instant almost and again cost little. I use the service regularly now after having used banks and then Western Union which is a real bind sometimes due to the efforts to check security.
    Last edited by Terpe; 2nd September 2013 at 17:13. Reason: link edited


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    Respected Member cheekee's Avatar
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    I use world remit as I can do it online and its really easy.

    I am going to look into BPI though.


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    Ditto to previous reply I endorse worldremit is by far the easiest secure and well priced I have used. It can also top up mobile phones in any country.
    Last edited by Terpe; 2nd September 2013 at 17:14. Reason: link edited


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    Respected Member han's Avatar
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    BIG Thank You to those who gave their prompt and sensible answer. I managed to send this afternoon, through money gram good rate, 67.65.
    Cheers to all.
    Han


  28. #28
    Respected Member han's Avatar
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    Quote Originally Posted by raynaputi View Post
    I think Han needs a serious answer to her query..


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    Quote Originally Posted by han View Post
    BIG Thank You to those who gave their prompt and sensible answer. I managed to send this afternoon, through money gram good rate, 67.65.
    Cheers to all.
    Han
    Hi han, I also sent a significant sum this afternoon (sadly ) only joking
    I had a rate at 69.10

    Anyway, as long as you feel comfortable with your "remitter' then that's all you need.
    Just be aware of the total costs involved in when sending money. RoE + Charges


  30. #30
    Respected Member han's Avatar
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    Hello Sir Terpe,
    I wish I am also having HUGE sum
    I am not doing it monthly just whenever theres a chance and if theres upcoming celebrations in the family. I am quite chuff today that my hard-earned money has a good rate, and that will spreeeaadd a little joy to the family. Cheers


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