SENDING REMITTANCES IN THE PHILIPPINES

SENDING REMITTANCES IN THE PHILIPPINES

 In statistics almost 2.3 Million OFW sending money to their love ones every month in Middle East. And it was expecting an increase in volume of people  sending money this coming Christmas season . So here some remittances center located in your places, opening, closing time , there charges fee and how to send through there remittances.

List of Remittance Center and there Bank Partner

1.   Enjaz ( Albilad bank )

     Services:

·         Cash on Counter (payable within two working hours )

·         Credit to Account

·         Credit to the other bank account

·         Sending through bank account in the Philippines(BDO ,BPI ,AUB ,China Bank ,etc)

·         Sending through Money transfer (Western Union, MLhuiler and Cebuana)

·         Sending to local remittances (within the kingdom)

Opening and Closing time: Weekdays 8 AM to 8 PM and Friday 1 PM to 8 PM

Note: It is close during their prayer time and vary during Friday and Ramadan. 

Charges Fee Any amount : 16 SAR 

How to avail there services :

1.       Visit there RemittanceCenter Located in your places .

2. Apply for CIF Card (Requirements : IQAMA ).

3. Fill up the form  and submit to personnel for processing and encoding your data .

4.After that wait for your CIF card (red card with your name ,your CIF No. and number of your center )

5. Last you can send now money to Philippines .

•      In sending for the first time through bank to bank  you must fill up  a form and fill up the required information .
•      In sending through Mhuiler,Cebuana and Western you just write in the paper the Name of Reciever ,Amount  , Location ,Mobile Number  and Remittances partner (Ex. Cebuana or western Union)
•     If you have already receipt in your last remit it is good to use that for easy access transaction but be sure the same beneficiary.

          For more details visit there website .http://enjaz.bankalbilad.com

2. NCB ( QUICK PAY /MONEY GRAM )

Quickpay is the most convenient way in sending money to your love ones  anywhere , anytime even in prayer time because there transaction is through ATM.

How to Avail there Services :

1,Visit the near Quicpay /Money Gram Office  (NCB bank )

2.Apply and bring the requirements  like  IQAMA   and Certificate of employment indicating your work and salary.

3.After approved by the manager in the quickpay you may fill up the form for your ATM card process.

4.Last you can send money with a minimum amount of 200 SAR.

•       How to send money (Step by Step ) .Visit there website : http://www.quickpay.alahli.com/en-us/how-it-works/Pages/default.aspx

Charges Fee : 25 SAR

Bank Partners : 

• BDO ,         BPI,       CHINA BANK ,       METROBANK ,          SMART,
• RCBC ,       AUB,     ALLIED BANK ,       PNB ,                        MY REMIT .

The differences of the NCB (Quickpay ) except they use ATM  they value there customer by means of rewarding in every time you send you can get some point and claim prizes.

3.Al Rahji Bank -Tahweel 

     Offer lowest rate charges fee in sending money.

Charges Fee : RM 15 flat for RM 10,000 and no additional deduction in the country.

How to avail there Services; 

1.Visit there nearest Al rahji bank branches and Tahweel Remittance center 

2.Apply for membership card (its a free ) and register you particular beneficiary.

3.Then you can send money to Philippines through there partners .

•      BDO ,LANDBANK and MHUILER 

Open : Selected Outlets open 7 days a week 

For more Info visit there webiste : www.alrajhibank.com

4.ANB (Telemoney)

Transaction also in ANB ATM  to transfer money in any ANB ATM machine 24 hours.

Services : 

• Deposit in Account -customer can transfer directly to their account in thier countries.
• Cash over the Counter 
• Door to door - available only in Egypt and Philippines 
• Rush Money - not available in Philippines (available in Nepal ,Bangladesh and Egypt)
• SWIFT Transfer 

How to Avail there Services 

1.Visit the nearest telemoney Center 

2.Avail a Membership Card that uses during your transactions.

3.Register yourself and add your beneficiaries .

4.After you get your card go to teller and present your ID ,card and amount to be send .

Correspondent Partners :

• RCBC                                               BPInoy
• PNB                                                  BDO
• METROBANK                                CHINABANK 
• LANDBANK                                    BANK OF COMMERCE

Charges Fee : 18 SAR except for China bank transfast (25 SAR )

" Sending Money for our loved ones is good but we need also to save and pay ourselves '

Advance Merry  Christmas  and God bless us all