Originally Posted by nethlewy
If you have are registered for PNB (Europe) Internet banking and register recipients with your account then you can send remittances for £5.00.
The recipient does not need a bank account because they can go into a branch of PNB in the Philippines and get a Global Money Card, free at the moment. This is an ATM card that can be used to withdraw remittances deposited into the account.
Once your recipient has the card they will have to send you the holders name and card number then you add the details to your PNB internet banking account. This can be done by phone.
Registering for the PNB internet banking can be done by post. Get your local sub-postmaster/mistress to stamp the required documents that you will have to post off to their London branch. You can download the appllication form from the PNB (Europe) website.
You do not need to deposit money into the PNB account as the remittances can be withdrawn from your debit/credit card or existing current account. These will also have to be registered with PNB.
This all takes quite a bit of time to set up but once you are registered it is a very good way of sending money.
Also I think their is a slightly higher charge than the £5.00 if the money you send is taken from your credit card.
In my experience using Xoom until your PNB account is up and running is the next best option.
Thanks for the reply i will go to their website and do just that!!
