Strikes in Certain area's Pound rising against Peso

[andypaul]

You can download the application forms from their website and open an account with them which needs a maintaining balance of £50. Then you can transfer money into the account from your regular bank current account on the internet. Then when your ready to send remittances, you just send an instruction by email with a scanned authorisation letter and the money will be transferred overnight either to a Philippines PNB bank account, delivered to the door, or to another Philippines bank account.

You can also set up online remittance with them. With online remittance, you just register your credit or debit cards and your benificiaries on their website, then whenever you want you can just log on and transfer the money. The only drawback with the online remittance method is that the credit card companies and the banks treat it the same as when you withdraw cash on a credit card and they charge you an extra fee.

The best thing about PNB Europe is that the rate always seems to be about the best that can be had and you can check the rate on a daily basis before you decide to remit.


Iain.

Hi iain is the Transfer in realtime or do you have to wait for it to be processed by the bank?

[jonnijon]

MMMMMMMMMMMM spam and balut fritters

[IainBusby]

Hi iain is the Transfer in realtime or do you have to wait for it to be processed by the bank?

It's available to your benificiary the next day as the transfer takes place at the end of trading that day.

Iain.

[andypaul]

It's available to your benificiary the next day as the transfer takes place at the end of trading that day.

Iain.

Thanking you Sir Kindly

[IainBusby]

Hi iain is the Transfer in realtime or do you have to wait for it to be processed by the bank?

It's available to your benificiary the next day as the transfer takes place at the end of trading that day.

Thanking you Sir Kindly

AndyPaul, I'm not sure if the transfer would be realtime if you were transferring to another Philippines bank, not PNB. I think in that case the banks would do what they always do, make your money disappear into a black hole for 4 or 5 days.

Iain.

[ginapeterb]

Thanks for that Ian, thats good info, I had problems though logging in to register for their online remit service, and to date I still haven't been able to do it, that was after Miss Gina took a day off her half term holiday to get into Victoria street to open an account.

PNB is ok, but I find it easier to deposit in their Barclays Knightsbridge account and then call LIC to send it for us, it seems to work and is there within 4 days, but many tell me its there within 1 day direct.

[andypaul]

Thanks for that Ian, thats good info, I had problems though logging in to register for their online remit service, and to date I still haven't been able to do it, that was after Miss Gina took a day off her half term holiday to get into Victoria street to open an account.

PNB is ok, but I find it easier to deposit in their Barclays Knightsbridge account and then call LIC to send it for us, it seems to work and is there within 4 days, but many tell me its there within 1 day direct.

The missus rings up and its there in her bros account by the time she rings him up to let him know

[IainBusby]

I had problems though logging in to register for their online remit service, and to date I still haven't been able to do it

The first thing I had with them was the Customer Card and to be honest just about every method I have used with them has been troublesome to set up at the start and usually required a few emails and phone calls to sort things out.

It may be PNB Europe, but I think everything is done just the way it would be done in the Philippines........ verrrrrrrrrry slowly, with every piece of paper going through 20 pairs of hands before it's finally processed.

Now that I have all of the transfer methods set up however, I find it very easy to use the both the customer card, online remittance and also to transfer to my PNB account from my current account and from my PNB account to my benificiaries. There's always the £50 that's just dead money lying in the account which grates a little, but I think it's still worth in the end.

Iain.