Money Transfer

[linonat]

Hi to all...
Sorry if this question has been asked before. Can anyone advise/ or have recommendations to the most reliable way of transferring money to the Phils?
Also the cheapest/quickest?

Many thanks in advance for all your replies

[Terrielicious]

i use xoom.com

[joebloggs]

use the search function

but many on here use pnb europe - www.pnbeurope.com

thou their web site looks like its down at the mo

[telford]

Hi to all...
Sorry if this question has been asked before. Can anyone advise/ or have recommendations to the most reliable way of transferring money to the Phils?
Also the cheapest/quickest?

Many thanks in advance for all your replies

me and my husband use money transfer in nationwide bank...it only cost us 20pounds no matter how much u send...cheap compared to WU

[joebloggs]

me and my husband use money transfer in nationwide bank...it only cost us 20pounds no matter how much u send...cheap compared to WU

only £5 to transfer upto £1,000 with pnb, and they give a good exchange rate, what rate do nationwide give

[telford]

only £5 to transfer upto £1,000 with pnb, and they give a good exchange rate, what rate do nationwide give

im not sure whats the rate now... is it still 5pounds even youre sending bigger than 1,000 pounds joe?

[vbkelly]

i used CBN SMART LTD £5 only up to £2,000.00 trasfer and its 24hour and a good rates aswell

[telford]

i used CBN SMART LTD £5 only up to £2,000.00 trasfer and its 24hour and a good rates aswell

that sounds good! where can we pick the money here in phils?

[joebloggs]

im not sure whats the rate now... is it still 5pounds even youre sending bigger than 1,000 pounds joe?

no, it's £7 for up to £10,000

why how much are you sending each month

[vbkelly]

that sounds good! where can we pick the money here in phils?

in your bank account

[gemini63]

Just a suggestion, if u always send money to phil. try to hv extra debit card from hr in uk then send to phil. so that everytime u need money in phil. just deposit the amount needed to ur bank and withdraw in phil. the cost is only £ 1.50 per withdrawal. choose the machine of PNB in phil. so the rate is higher...or metrobank atm machines coz the maximum per withdrawal is 10,000 pesos, so can save the charges...Its what I did. I sent to my daughter our extra debit card hr that we dont use and just deposit amount needed everytime for expenses of some projects we hv in phil...

[andypaul]

Just a suggestion, if u always send money to phil. try to hv extra debit card from hr in uk then send to phil. so that everytime u need money in phil. just deposit the amount needed to ur bank and withdraw in phil. the cost is only £ 1.50 per withdrawal. choose the machine of PNB in phil. so the rate is higher...or metrobank atm machines coz the maximum per withdrawal is 10,000 pesos, so can save the charges...Its what I did. I sent to my daughter our extra debit card hr that we dont use and just deposit amount needed everytime for expenses of some projects we hv in phil...

If you had a nationwide account it may well be free of charges if you send over a debit card

[gemini63]

If you had a nationwide account it may well be free of charges if you send over a debit card

we send our halifax debit card to phil. and we dont see any charges from halifax in our bank statements, only the bank in Phil. wr we withdraw using their atm machines...

[andypaul]

we send our halifax debit card to phil. and we dont see any charges from halifax in our bank statements, only the bank in Phil. wr we withdraw using their atm machines...

Sorry i meant even then from what people report on here there are no charges even from the bank atm belongs to

[kimmi]

Just a suggestion, if u always send money to phil. try to hv extra debit card from hr in uk then send to phil. so that everytime u need money in phil. just deposit the amount needed to ur bank and withdraw in phil. the cost is only £ 1.50 per withdrawal. choose the machine of PNB in phil. so the rate is higher...or metrobank atm machines coz the maximum per withdrawal is 10,000 pesos, so can save the charges...Its what I did. I sent to my daughter our extra debit card hr that we dont use and just deposit amount needed everytime for expenses of some projects we hv in phil...

we also do the same sis gemini..

[linonat]

vbkelly....i have googled CBN SMART LTD but i'm not getting anything up of relevance. Do you have a web address for this? Thanks

[telford]

no, it's £7 for up to £10,000

why how much are you sending each month

were not sending money every month in phils.,coz were here in phils for 15months now were using nationwide to transfer our money for us to used in our stay here.

[joebloggs]

it's ok saying use your nationwide account because they dont charge you, or the atm charges you £1.50 but what exchange rate are they giving you ?? is it constantly less than pnb or other banks give you ???

at least with pnb you can check the rate. what rate does nationwide give you ??

as i'm sure most people know there is no such thing as a 'free lunch' someone pays, and maybe even if you do get to take your money out 'free' with nationwide or anyone else, they will make the money back on a lower £ to php rate..

[vbkelly]

vbkelly....i have googled CBN SMART LTD but i'm not getting anything up of relevance. Do you have a web address for this? Thanks

call this number 02072879626

[vbkelly]

here's the address CBN LONDON LTD 5th floor Goldsmith's House,137 RegentST,London W1b 4HZ and there website is www.cbngrupo.com

[andypaul]

it's ok saying use your nationwide account because they dont charge you, or the atm charges you £1.50 but what exchange rate are they giving you ?? is it constantly less than pnb or other banks give you ???

at least with pnb you can check the rate. what rate does nationwide give you ??

as i'm sure most people know there is no such thing as a 'free lunch' someone pays, and maybe even if you do get to take your money out 'free' with nationwide or anyone else, they will make the money back on a lower £ to php rate..

I asked that in a post a few months back and severaL chaps mentioned it was a very decent rate basically the daily rate at which all competive exchanges would be at i.e pnb

[David House]

Just a suggestion, if u always send money to phil. try to hv extra debit card from hr in uk then send to phil. so that everytime u need money in phil. just deposit the amount needed to ur bank and withdraw in phil. the cost is only £ 1.50 per withdrawal. choose the machine of PNB in phil. so the rate is higher...or metrobank atm machines coz the maximum per withdrawal is 10,000 pesos, so can save the charges...Its what I did. I sent to my daughter our extra debit card hr that we dont use and just deposit amount needed everytime for expenses of some projects we hv in phil...

Be careful with this. It works, and my wife has done it too, but the banks don't like it as the owner of the card is supposed to be present when the transaction is made. If they can see two cards being used regularly on one account, one in the Philippines and the other in the UK they may smell a rat. Best way is to have a "joint" account with your husband/wife and have cards in both names. Nationwide is best as they make no charge for withdrawals.

[andypaul]

Be careful with this. It works, and my wife has done it too, but the banks don't like it as the owner of the card is supposed to be present when the transaction is made. If they can see two cards being used regularly on one account, one in the Philippines and the other in the UK they may smell a rat. Best way is to have a "joint" account with your husband/wife and have cards in both names. Nationwide is best as they make no charge for withdrawals.

It may also invalidate any insurance or fraud cover you have with the bank.

Wheter technically/morally right or wrong.

Any chances they have to leave you with out cover and save money..

[heinz_clarence]

hello....wanted to help!! try to check this one www.xoom.com but i guess the receipt has no sender's name its cheap,fast it cost $4...

[mike1]

We found LCC the best, , they charge £4 , no limit,bank to bank , easy to use after inital set up

[charlwill]

it's ok saying use your nationwide account because they dont charge you, or the atm charges you £1.50 but what exchange rate are they giving you ?? is it constantly less than pnb or other banks give you ???

at least with pnb you can check the rate. what rate does nationwide give you ??

as i'm sure most people know there is no such thing as a 'free lunch' someone pays, and maybe even if you do get to take your money out 'free' with nationwide or anyone else, they will make the money back on a lower £ to php rate..

Joe, I am using Nationwide now for 8 years and in my own experience their (Nationwide) exchange rate is higher compared to PNB or any other remittances centre.

[joebloggs]

Joe, I am using Nationwide now for 8 years and in my own experience their (Nationwide) exchange rate is higher compared to PNB or any other remittances centre.

ok then, whats their rate now? can you tell online ???

pnb rate is 87.35


as for LCC where it tells you the exchange rate , it says " Service Unavailable"

[raindear26]

IREMIT, 5 pounds if they have IBANK account, 6pounds for other banks

[DianaKevy]

hello everyone,

it seems xoom.com is an american website and i tried to money transfer online using the UK debit card but they dont accept it. would anyone please help me on what to do or is there any another option for money transfer.

thanks in advance for the replies.

[kimmi]

hi Diana, we use a debit card to send money to the Philippines..