bank deposit to phil.

[PeterB]

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.

[gWaPito]

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
.