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Thread: bank deposit to phil.

  1. #1
    Respected Member gemini63's Avatar
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    bank deposit to phil.

    hello to all members here,
    can i ask some ideas from you what where and how to sent money to be credited to my bank account in phil. the easiest and cheapest way...and also up to how much could it be the charges within the bracket..tnx...waiting for advices and ideas...


  2. #2
    Respected Member baboyako's Avatar
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    here is an idea,

    http://www.citibank.co.uk/personal/b...obtransfer.htm

    plenty more if you use the search


  3. #3
    Respected Member gemini63's Avatar
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    Quote Originally Posted by baboyako View Post
    here is an idea,

    http://www.citibank.co.uk/personal/b...obtransfer.htm

    plenty more if you use the search
    tnx baboya ko...il try to search on the website u said...just one question...why u choose that users name? he..he..makes me laugh everytime i read it...


  4. #4
    Respected Member vbkelly's Avatar
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    gemini63 try to phone CBN SMART HERE IS THE NUMBER 02072879626 they only charge £5 if you send £100 up to £2000.00


  5. #5
    Respected Member gemini63's Avatar
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    Quote Originally Posted by vbkelly View Post
    gemini63 try to phone CBN SMART HERE IS THE NUMBER 02072879626 they only charge £5 if you send £100 up to £2000.00
    TNX vbkelly, il try to inquire on the tel number uve sent...


  6. #6
    Respected Member IainBusby's Avatar
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    Quote Originally Posted by gemini63 View Post
    hello to all members here,
    can i ask some ideas from you what where and how to sent money to be credited to my bank account in phil. the easiest and cheapest way...and also up to how much could it be the charges within the bracket..tnx...waiting for advices and ideas...
    If you have a PNB account in Phils, you can open a PNB (Europe) account in this country and tranfer funds from your UK acount to your Phils account that way. It costs £5 to transfer up to £1000 and PNB's exchange rate is usually quite good as well compared to some.

    If you open a PNB (Europe) account it have to mantain a balance of £50, but that said, once you've set it up, you just transfer money from your normal UK bank current account and then transfer again to your Phils account.

    Once you have an account, you can also do online remittance and transfer money to pre-registered beneficiaries, either with money you have already deposited, or if you need to send money in a hurry, with credit or debit cards, although there is usually an extra charge of about £2 or £3 pounds imposed by your card company if you do it that way.
    Cheers,
    Iain.


  7. #7
    Respected Member gemini63's Avatar
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    tnx iain for that info....


  8. #8
    Respected Member Les_lady888's Avatar
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    Hello Gemini...I suggest you better search for remittance tie-ups there of your depository bank in the Phils. They can advise you cheaper way of money transfer.

    I would like to post our bank's charges but Kieth might ban me for advertising .....kurog lang ko hehehe


  9. #9
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    Quote Originally Posted by Les_lady888 View Post
    Hello Gemini...I suggest you better search for remittance tie-ups there of your depository bank in the Phils. They can advise you cheaper way of money transfer.

    I would like to post our bank's charges but Kieth might ban me for advertising .....kurog lang ko hehehe

    you make me laugh


  10. #10
    Respected Member Tonet's Avatar
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    I,m using Lloyds tsb money transfer card. £7 monthly charges. you can send even everyday.



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    Respected Member PeterB's Avatar
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    Quote Originally Posted by IainBusby View Post
    If you have a PNB account in Phils, you can open a PNB (Europe) account in this country and tranfer funds from your UK acount to your Phils account that way. It costs £5 to transfer up to £1000 and PNB's exchange rate is usually quite good as well compared to some.

    If you open a PNB (Europe) account it have to mantain a balance of £50, but that said, once you've set it up, you just transfer money from your normal UK bank current account and then transfer again to your Phils account.
    You don't actually have to open a PNB (Europe) account, or hold any minimum balance (in the UK) to do this - just register for Remittances (including 'online remittances').

    You can also obtain a GFMC (Global Filipino Money Card) for yourself, and ask your loved ones in Phils to obtain their own cards from their local PNB.


    Once you have an account, you can also do online remittance and transfer money to pre-registered beneficiaries, either with money you have already deposited, or if you need to send money in a hurry, with credit or debit cards, although there is usually an extra charge of about £2 or £3 pounds imposed by your card company if you do it that way.
    There is a charge if you use your credit card, because it counts as a cash withdrawal, but if you use your debit card it is treated just like any other purchase, and there is no charge. I've transferred sums of up to £35k at a time to Phils in this way, using a debit card. The PNB charge for this was £25, but still cheaper and more convenient than any other method I've found.

    Funds transferred in this way become available almost immediately in Phils but, because of the time difference, I treat it as a 'next day' service. However, for instance, if I wanted to visit an ATM here at 11PM, I could initiate the remittance with PNB (Europe), and retrieve the funds within minutes.

    I know that Les_Lady works for another bank, but I have no personal experience of their services.


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    Quote Originally Posted by PeterB View Post
    You don't actually have to open a PNB (Europe) account, or hold any minimum balance (in the UK) to do this - just register for Remittances (including 'online remittances').

    You can also obtain a GFMC (Global Filipino Money Card) for yourself, and ask your loved ones in Phils to obtain their own cards from their local PNB.




    There is a charge if you use your credit card, because it counts as a cash withdrawal, but if you use your debit card it is treated just like any other purchase, and there is no charge. I've transferred sums of up to £35k at a time to Phils in this way, using a debit card. The PNB charge for this was £25, but still cheaper and more convenient than any other method I've found.

    Funds transferred in this way become available almost immediately in Phils but, because of the time difference, I treat it as a 'next day' service. However, for instance, if I wanted to visit an ATM here at 11PM, I could initiate the remittance with PNB (Europe), and retrieve the funds within minutes.

    I know that Les_Lady works for another bank, but I have no personal experience of their services.
    Hi Pete,
    Hoz it goin out their, I here you are entertaining 200 people next Saturday,
    Gemma and I both hope your speech goes well!! hehehehehe
    Did you mention the above comments to Gemma?
    This is what she is doing now and saving a small fortune on transfer fees, if so, thank you very much.
    Good luck and best wishes to Ruby and yourself for next Saturday and of course the that years that follow.

    regards Gemma and Mark
    .


  13. #13
    Respected Member gemini63's Avatar
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    tnx to all here who give their ideas...regards to all


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    another option

    Another possible option if your on intending to transfer small amount to your lady`s bank account is Paypal.
    its free to join for both parties , and if you send in britsh pounds the exchange rate is pretty good ( slightly above WU rates ).
    the only real downside is it can take 3-9 days the other end to go from the paypal account to the phil bank account.
    The charges with paypal :-
    Both paying money in and sending overseas is free. However, the recipient is charged when they get their money. The amount varies slightly country to country, but most are a similar scale of charges to UK recipients, which is 20p plus 3.9% of the value, e.g. on £30 that's £1.40.
    hope this helps


  15. #15
    Respected Member gemini63's Avatar
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    tnx for ur idea deejay...


  16. #16
    Respected Member PeterB's Avatar
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    Thanks for the good wishes, Mark.

    I've mentioned GFMC so often, and to so many people, it may well have been me who prompted Gemma!

    We look forward to seeing you both back in Phils one day!


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