Banks with No Interbranch Deposit Fees

June 14, 2016, 8:37 pm

≫ Next: Use Your BPI US Dollar Account to Pay Bills in Pesos

≪ Previous: PNB Office, Correspondent Banks in Dubai, UAE

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Kudos to these banks. They DO NOT charge interbranch deposit fees. NO over-the-counter interbranch interregional deposits.
Some even offer free interbranch over-the-counter withdrawals, check encashment and funds transfers.

NO Interbranch Interregional deposit fee for these banks:

Bank of the Philippine Islands (BPI) and BPI Family Savings Bank

EastWest Bank

Union Bank

Sterling Bank of Asia
   
Philippine National Bank (PNB)
 No interbranch fees for these over-the-counter transactions:
  -  Deposit
  -  Withdrawal
  -  Check Encashment
  -  Fund Transfer

     (Effective March 21, 2016 )

*Note:  Foreign currency accounts are not included.

PSBank
It's PSBank Passbook-with-ATM account offers one free inter-regional transaction per day.

RCBC
Its larger branches do not charge interbranch interregional deposit fees.

Do you know any other bank that does not charge an interbranch fee?  
Thank you for sharing it with us.

Related Post:
Do You Know These Bank Fees?

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Use Your BPI US Dollar Account to Pay Bills in Pesos

June 19, 2016, 7:12 pm

≫ Next: Savings Accounts with Low Maintaining Balance Requirements

≪ Previous: Banks with No Interbranch Deposit Fees

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Question from an Overseas Pinoy:
I will soon move back to the Philippines and will travel to nearby countries. Can I open a US dollar account there to which I can deposit my US dollar checks and then pay my rent and bills in pesos online?

Answer:
All the US dollar accounts here that I know may NOT be used to directly pay bills in pesos online.

What you can consider is opening a BPI US dollar atm account and a BPI peso atm account and using the BPI Direct Online FX service.

How to Use Your BPI US Dollar Account to Pay Bills in Pesos:

1.  Enroll both your BPI US dollar atm account and BPI peso atm account in BPI Express Online.

2.   Activate your BPI Express Online.
       Activate using your atm card, if you're in the Philippines.
       Activate using mail and email, if you're outside the Philippines.

3.  Login to your BPI Express Online account.

4.  Mouse over Funds Transfer,
     then Dollar to Peso Transfer
     and click Transfer Now

5.   Choose your US dollar account
        and your Peso account

6.  Enter the amount to be changed to US dollars.
      The amount in pesos will appear.

7.  Review data entered, then click Submit.

8.  Your transaction will be confirmed
      and you will receive an email confirmation.

9.  In real time, your US dollar account will be debited the dollar amount
       and your peso account will be credited the peso amount.

10.  You can then use your peso account to pay your bills.
        Mouse over Payments & Reloading,
          then Bills Payment
          then Pay Bills Today.
          Click Enroll Bills
           You can start paying your bills immediately after enrollment.
         
Remember these:
  . You can use this Dollar to Peso Transfer only during Philippine trading hours from
    9:30 AM to 3:30 PM Philippine Time, 
      from Monday to Friday only. 
      No dollar-to-peso transfer during weekends and Philippine holidays.

  . After you click Submit, you can no longer cancel your transaction.

  . This service does NOT convert pesos into US dollars.

  . You can use US dollar savings and peso savings or checking accounts
        opened with:
        Bank of Philippine Islands (BPI)
        or BPI Family Savings Bank
        or BPI Direct Savings Bank.

Related Posts:
US Dollar Accounts with Lower Maintaining Balance Requirements
Peso Savings Accounts with Lower Maintaining Balance Requirements
Peso Checking Accounts with Low Maintaining Balance Requirements

Savings Accounts with Low Maintaining Balance Requirements

June 20, 2016, 9:55 am

≫ Next: Where to Change 100 Baisa to Peso, also Omani Rial

≪ Previous: Use Your BPI US Dollar Account to Pay Bills in Pesos

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You need to maintain a certain minimum amount in your bank account so that your bank will continue to manage your account. This certain minimum is called Maintaining Balance.

Maintaining Balance is also called Monthly Average Daily Balance (MADB).

If you fail to maintain your MADB for 2 consecutive months (dalawang magkasunod na buwan), your account will be deducted with 300 pesos to 500 pesos at the end of the second month. The deduction will continue from month to month until you are able to maintain your ADB for the month.

Here are Bank Savings Accounts Requiring an MADB of Only 500 Pesos:

LANDBANK 

Savings Account with ATM Access
Maintaining Balance: 500 pesos
Required daily balance to earn interest: 500 pesos
Maximum Withdrawal Amount Per day: 50,000 pesos

BANK  Of  COMMERCE

ATM Savings
Maintaining balance: 500 pesos
Minimum ADB to earn interest: 500 pesos
Interest credited monthly

MAYBANK

Value Savings Account
Maintaining balance: 500 pesos
Minimum ADB to earn interest: 10,000 pesos
ATM card can be used at any Maybank ATMs
      in Malaysia, Singapore and Brunei

RCBC SAVINGS BANK

Basic Savings Account with ATM Card
Maintaining Balance: 500 pesos
MADB to Earn Interest: 25,000.00 pesos
Dormancy Fee: 500 pesos
Below MADB Fee: 500 pesos
Early Closure Fee: 500 pesos

DBP   Development Bank of the Philippines

Peso ATM or Passbook Account
Maintaining Balance: 500 pesos
Minimum ADB to earn interest: 500 pesos

CITYSTATE  SAVINGS

Peso Passbook Savings Account with ATM Card 
Maintaining balance: 500 pesos
Minimum ADB to earn interest: 1,000 pesos
Interest credited monthly

Peso ATM Savings Account
Maintaining balance: 500 pesos
Min bal to earn interest: 1,000 pesos
Interest credited monthly

BANK OF MAKATI

Regular Savings Account
Maintaining balance: 500 pesos
Min ADB to earn interest: 1,000 pesos

Power Build-Up Savings Account
Maintaining balance: 500 pesos
You earn interest if you withdraw only up to 2 times a month.

*For both accounts, a service fee of 50 pesos per month is charged if you fall below the required ADB

POSTAL BANK  Philippine Postal Savings Bank

Peso Passbook Savings Account
Maintaining Balance: 500 pesos
Minimum ADB to Earn Interest: 1,000 pesos
Interest compounded monthly, credited quarterly

PostalCash ATM Account
Maintaining Balance: 500 pesos
Minimum ADB to Earn Interest: 1,000 pesos
Interest compounded monthly, credited quarterly

Savings Accounts with an MADB of Only 1,000 Pesos:

BPI FAMILY SAVINGS BANK

Express Teller Savings
Maintaining Balance: 1,000 pesos
Min Amount to Earn interest: 3,000 pesos

CHINABANK Savings (CBS)

Easi-Save ATM Account
Opening Balance: 500 Pesos
Minimum ADB to earn interest: 1,000 pesos

Easi-Save Passbook
Opening Balance: 500 Pesos
Minimum ADB to earn interest: 1,000 pesos
Service charge if you close within 90 days: 200 pesos

BANK of COMMERCE

Passbook Savings Account
Maintaining balance: 1,000 pesos
Minimum ADB to earn interest: 1,000 pesos

PHILIPPINE VETERANS BANK

Regular Peso Savings for Non-Veterans
Maintaining balance: 1,000 pesos
Minimum ADB to earn Interest: 10,000 pesos
Choice of passbook and/or ATM

PHILIPPINE BUSINESS BANK

Passbook Savings Account
Maintaining Balance: 1,000 pesos
Minimum ADB to Earn Interest: 1,000 pesos

Common basic requirements in opening a bank savings account:

2 valid IDs
2 one-by-one ID pictures
Tax Identification Number
Plus
Proof of home address
     (Some banks require this. If you have a Meralco, PLDT, Globe, Smart or other utility bill in your name, bring it in case it's required.)

For Students:
Latest School ID (with photo, signed by school head)
Birth Certificate

For In-Trust-For (ITF) Accounts (for kids who cannot yet sign):
Birth certificate
School ID (with photo and school head's signature)
Parent needs to present valid ID

Remember, if your account is ATM-based, and you do not have a passbook,
most banks require you to withdraw only through the ATM.
You’ll pay a fee if you withdraw over the counter.

Related Posts:
US Dollar Accounts with Low Maintaining Balance Requirements
BPI Savings Account With No Maintaining Balance Requirement
Checking Accounts with Low Maintaining Balance Requirements
What Is Maintaining Balance or MADB?

Where to Change 100 Baisa to Peso, also Omani Rial

June 23, 2016, 7:12 pm

≫ Next: Change Old Turkish Lira to Peso

≪ Previous: Savings Accounts with Low Maintaining Balance Requirements

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We have been receiving lots of inquiries about where to change 100 baisa to Philippine peso so I researched about it.

Image may be NSFW.
Clik here to view.

100 baisa is the smallest banknote of Oman in value.

The money of Oman is called OMANI RIAL and its units are called baisa.

Merong 100 baisa na papel, meron ding 100 baisa na coin. The other coins are 5 baisa, 10 baisa, 25 baisa and 50 baisa.

1 Omani Rial = 1,000 baisa

This means 100 baisa is only one-tenth of 1 Omani Rial.

Kumbaga sa atin, parang ang 100 baisa ay barya lang.

Sad to say, I found out that NO Money Changer in the Philippines is changing 100 baisa.
Siempre, napakaliit nga naman ng value. It is not profitable for a money changer to change 100 baisa.

Yong Omani rial na nga lang, hindi pinapalitan ng maraming money changers, yong baisa pa kaya. Maybe the volume of Omani rials being exchanged in the Philippines is so small that changing Omani rial is not profitable for money changers here. Czarina, Sanry's and the others are not changing Omani rials.

Based on foreign exchange calculators online:

1 Omani Rial = 116 pesos ( more or less)

but on the website of Naila's Money Changer, the exchange rate is:

1 Omani Rial = 70 pesos  

and because 1 Omani Rial = 1,000 baisa

1,000 baisa = 70 pesos

and

100 baisa = 7 pesos

7 pesos!

Kulang pa sa pamasahe sa jeep, halimbawa lang merong magpapalit nito.  Eh kung mag UV Express ka pa.

We suggest, ipunin mo na lang ang mga 100 baisa mo, then gawin mong collection mo
or ibigay mo na lang sa OFW na nagtatrabaho sa Oman.

UPDATE as of June 27, 2016:
I saw on the Facebook page of Ans Money Changer that their exchange rate for Omani Rial is much higher than that of Naila's Money Changer.

1 Oman Riyal = 99 pesos

Money Changers that Change Omani Rial, in Metro Manila (based on their Facebook pages):

Best Money Changers in Metro Manila
Best Money Changers in Muntinlupa
May Nagpapalit ba ng old Turkish Lira sa Philippines?

Change Old Turkish Lira to Peso

June 27, 2016, 12:16 am

≫ Next: Where to Change Omani Rial to Philippine Peso

≪ Previous: Where to Change 100 Baisa to Peso, also Omani Rial

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Old Turkish liras or old Turk Lirasi banknotes with lots of zeros NO LONGER have VALUE.

They were demonetized in 2005.  Ibig sabihin, hindi na ito nagagamit sa Turkey.
Kung meron mang nagpapalit ng new Turkish Liras sa Philippines, hindi rin nila papalitan itong mga lumang Turk Lirasi na madaming zeros.

These old Turkish liras were demonetized in 2005 after Turkey suffered years of hyperinflation and decided to remove lots of zeros from its banknotes and redenominated them.

In 2005, the one-million banknote became only one lira.

     OLD 1 Million Turkish Lira  =  NEW 1 Turkish Lira

Image may be NSFW.
Clik here to view.

Naging Isang Lira na lang ang value nitong 1 Million Banknote na ito since January 2005.

Nag-issue ang Turkey ng bagong banknotes. 

The biggest banknote in value  is 200 Turk Lirasi. 

The following old Turkish Lira banknotes are OBSOLETE and no longer in circulation:

100000 Turk Lirasi   or  100,000  Turkish Liras
250000                      or  250,000
500000                      or  500,000
1000000                    or  1 Million
5000000                    or  5 Million
10000000                  or  10 Million
20000000                  or  20 Million


The biggest Turkish Lira banknote in value now is 200 Turk Lirasi.

At present, the Turk Lirasi banknotes are:

           5
          10
          20
          50
          100
          200

Merong website na nagsasabing nagpapalit sila ng OLD Turk Lirasi, pero hindi ko alam kung totoo sila: LeftoverCurrency.com 

Related Posts:

Change 100 Baisa (1/10 Omani Rial) to Peso

Czarina Foreign Exchange Branches

Best Money Changers in Metro Manila

Best Money Changers in Alabang Muntinlupa

Where to Change Omani Rial to Philippine Peso

July 9, 2016, 10:21 am

≫ Next: Where to Claim QuickPay Remittance in the Philippines

≪ Previous: Change Old Turkish Lira to Peso

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Here are some money changers that change Omani Rial to Peso, based on their Facebook accounts or their websites.

Nagpapalit sila ng Omani Rial,  but they DO NOT change 100 Baisa.

Ans Money Changer
Ramon Magsaysay Commercial Center
Dr. J Quintos, Malate, Manila

Naila's Money Changer
1741 A. Mabini Street, Block 699
Zone 76, Malate, Manila
Phone: (02) 525 2307

Azmee Money Changer
2600 Taft Ave corner Vito Cruz St.,
Brgy. 729, Malate, Manila
Phone: 586 7621

Lenivee's Money Changer
399 Alabang-Zapote Road, Aguilar Compound, Talon 1,
Las Piñas
Phone:  800 8404

Why Is There Only a Few Money Changers Changing Omani Rial?
The volume of Omani rials circulating in the Philippines might not be big enough for it to be profitable for money changers to deal with Omani rials.

Maybe because there are not many OFWs sending Omani rials to the Philippines.  Maybe most of OFWs in Oman are converting their Omani rials in Oman before sending them to the Philippines. Maybe many of them bring home US dollars instead of Omani rials.

Based on BSP data on OFW remittances from January to April 2016, Oman was 4th among Middle East countries in total amount of OFW remittances tracked:

Saudi Arabia    $890.29 M
UAE                 $637.80 M
Qatar                $307.17 M
Kuwait             $300.61 M
Oman               $152.49 M

Why No Money Changer is Changing 100 Baisa to Peso 

Which Money Changer is Changing 1 Million Turkish Lira to Peso?

Best Money Changers in Metro Manila

Where to Claim QuickPay Remittance in the Philippines

July 23, 2016, 5:24 pm

≫ Next: Send Money from Dubai via Landbank Remittance Partners

≪ Previous: Where to Change Omani Rial to Philippine Peso

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You can claim your NCB QUICKPAY remittance from these banks or remittance companies.
Go to the counters na merong naka-display na Remittance signs. Or ask the guards.

Sabihin nio lang QuickPay (12-digit reference no.) or Moneygram Remittance (8-digit reference no.).  Merong remittance form that you will fill-up and sign.

You can claim your remittance at any of these QUICKPAY partners:

Asia United Bank
BDO
BPI
ChinaBank
Metrobank
MyRemit, a Kapamilya Service of TFC
PNB
RCBC
SMART

If your sender sent you a Quick Pay Cash Pick-up code or transaction reference number:

The code starts with "QPAY" followed by 12 digits. 

If your sender sent you 8 digits, it is a MoneyGram Cash Pickup code or  transaction reference number:​
MoneyGram Pick-up code is 8 digits 

Bring at least 2 valid IDs. Dapat merong photo na naka-embed at least sa isang ID.

If above banks are far from your place, you can claim from the partners of MyRemit, a Kapamilya Service of TFC (an ABS-CBN subsidiary).

You can also claim your remittance from any of these MyRemit partners:

Bayad Center

Cebuana Lhuillier

GCash Remit

GPRS

LBC

MLhuillier

Palawan Pawnshop

Banks:

Enterprise Bank

One Network Bank

Philippine Veterans Bank

List of IDs Accepted by MyRemit Remittance Partners:

Driver's License

Passport

PRC ID

NBI Clearance

Police Clearance

Postal ID

Voter’s ID

Barangay Certification

GSIS e-Card

SSS ID

Philhealth Card

Senior Citizen Card

OWWA ID

OFW ID

Seaman’s Book

ACR or ICR

HDMF or Pag-ibig Fund Card

AFP ID

Any ID issued by a Government Office or GOCC 

NCWDP ID

DSWD Certification

IBP ID

Company IDs 

 (issued by companies registered with the BSP, SEC or IC)

Student photo ID, with signature of school head, with clear photocopy (for students below 18)

Dapat ang mga IDs ay:

1. Not expired (pag merong expiration date sa ID) 

2. Merong photo (if applicable) 

3. Merong signature of ID owner

4. No erasures

5. Walang signs of tampering 

What is QUICKPAY?

It is a remittance service offered by National Commercial Bank (NCB) to OFWs in Saudi Arabia, Qatar and other Middle East countries where there are big communities of OFWs. 

Send Money from Dubai via Landbank Remittance Partners

August 9, 2016, 4:45 pm

≫ Next: 18 Top Banks in the Philippines, by Assets March 2016

≪ Previous: Where to Claim QuickPay Remittance in the Philippines

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Send Money from Dubai to the Philippines through Landbank Remittance Partners in Dubai

Here's a List of Landbank Remittance Partners in Dubai, UAE:

AL GHURAIR EXCHANGE

Al Ghurair Exchange 
Al Diyafah St, Satwa, Dubai Satwa
Phone no.: 04-3985999

Al Ghurair Exchange 
Deira City Center, Deira, Dubai City Center
 04-2953530

Al Ghurair Exchange 
Opposite Al Attar Shopping Center
Karama, Dubai Karama
04-3977733

Al Ghurair Exchange
Salahuddin St.
Al Reef Mall, Dubai (fish round about)
 04-2229885

Al Ghurair Exchange
Shop No. 22 GF
Sheikha Fatima Bent Rashid Al Maktoum Bldg.
Hor Al Anz East Mamzar
04-2626036

Al Ghurair Exchange 
Deira City Center, Deira, Dubai East Court
04-2955697

Al Ghurair Exchange
Ground floor, Left Side of Apsara Supermarket
Bank Street, Bur Apsara (Bur Dubai)
04-3964845

Al Ghurair Exchange 
Shop G05 Union Coop Bdlg.
Etihad Mall, Al Khawaneej Road
04-2840654

Al Ghurair Exchange
Dubai Mall Shopping Center
Ground Floor, near HSBC
Shaikh Zayed Road Dubai
04-4340140

Al Ghurair Exchange 
Burjuman Center
Ground floor Near Dome Cafe
Khalid Bin Al Waleed, Bur Dubai
 04-3529170

Al Ghurair Exchange 
Next to Nesto Super Market, Jebeli Ali Industrial Area I
Dubai Jebel Ali Dubai
04-8847727

Al Ghurair Exchange 
Shop No 4 & 5, Building of First Gulf Bank & Yossef Zahra
Block AL Quoz
04-3211924

Al Ghurair Exchange 
Near Ramla Mall,Next to Goldeb Parco Supermarket
Dubai Investment Park 1
04-8840064

Al Ghurair Exchange 
Unit No. 124, Ground Flr.
Lamcy Plaza Sheikh Rashid Rd. Oud
Metha, Dubai
 04-3970482

AL FARDAN EXCHANGE

Al Fardan Exchange 
Khalid bin Walid Road, Bur Dubai
04-3513535

Al Fardan Exchange 
Dubai Festival City Mall
04-2325588

Al Fardan Exchange 
Al Mankool St., Satwa
Hudaibah Branch
04-3988852

Al Fardan Exchange 
Opposite Satwa Bus Station, Satwa
04-3438287

Al Fardan Exchange 
Damascus St., Al Qusais
04-2578303

Al Fardan Exchange 
Al Makhtom Rd, Baniyas Area, Deira
04-2280004

Al Fardan Exchange
Naif Road, Deira
04-2240020

Al Fardan Exchange 
Goldland Center, Deira
04-2266442

Al Fardan Exchange 
LOB 16, JAFZA Jebel Ali Branch
04-8814455

Al Fardan Exchange
Al Qouz Mall, Al Qouz Industrial Area 5
04-3237700

Al Fardan Exchange
LG Floor, Dubai Mall
04-3466235

Al Fardan Exchange 
Al Ameed Mall, Al Qouz Industrial Area 4
04-8839183

Al Fardan Exchange
Shop IAK15, Dragon Mart
04-2776341

Al Fardan Exchange 
Shop 22 CBD 29, Dubai International City
04-5519938

AL ROSTAMANI EXCHANGE

Al Rostamani Exchange
Al Bader Bldg, Baniyas Road, Deira
055-6126131

Al Rostamani Exchange 
Al Rostamani Bldg., Al Fahidi St., Bur Dubai
056-1045019

Al Rostamani Exchange 
2nd level Dubai Airport Terminal 3
Departure Area, beside NIB
050-7551058

Al Rostamani Exchange 
Dubai Airport Terminal 3
Ground Level, near greeters area
050-2906825

Al Rostamani Exchange 
Dubai Airport Terminal 3
Departure Area, near Gate No. 2
(in partnership with Noor Islamic Bank)
050-1686978

Al Rostamani Exchange  
Al Rostamani Twin Towers
Shk Zayed Rd, Dubai Shk
050-7188070

Al Rostamani Exchange
Ground Floor, Al Khazna Bldg.
Kuwait St., Karama
050-7195043

Al Rostamani Exchange
Exhibition Hall No. 6, Dubai World Trade Center
050-9277609

Al Rostamani Exchange 
China Court, Ibn Battuta Mall
056-3523944

Al Rostamani Exchange
2nd Level (Near Cinema & Ski Dubai)
Mall of the Emirates
055-1841630

Al Rostamani Exchange 
Level 1, Al Khaleej Center, Bur Dubai
050-6983284

Al Rostamani Exchange  
Ground Floor, Al Khazna Bldg, Kuwait St., Karama
056-7577204

Al Rostamani Exchange
Al Safiya Bldg, Al Shaab Colony
Deira (beside Talal Supermarket)
Hor Al Anz Branch
056-9928857

Al Rostamani Exchange 
Ground Floor - Emirates Star Hotel Apts.
Near to NMC Hospital & Dubai Womens College
Al Nahda Branch
050-9937698

Al Rostamani Exchange
SF-186-1, 2nd Floor, Dubai Mall
Near Sega Republic & Cinemas 050-9864178

Al Rostamani Exchange
Ground Floor, DNATA (Emirates Holiday Bldg)
Shk. Zayed Road near Business Bay Metro Station
050-5243088

Al Rostamani Exchange 
The Town Center, Meadows, Shop No. G-K5
near Emirates Hills
050-2470216

Al Rostamani Exchange 
Shop No. 5A, Aswaaq Mall, Al Warqa
050-4568215

Customer Service Phone Numbers:

Overseas Remittance Marketing and Support Department (ORMSD)

Metro Manila Phone Nos.
(+632) 551-2200 or (+632) 522-0000
Ext Nos. 2824, 2743, 2744, 2520
or (+632) 405-7331

Contact Persons in UAE:
Roy L. Tabamo  +971-5644-32788
Mark Raymond N. Papa  +971-5692-99924
Gerald T. Heriales  +971-5648-45068

Related Posts:
Where to Open Your Landbank OFW Account Abroad
US Dollar Accounts with Low Maintaining Balances

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18 Top Banks in the Philippines, by Assets March 2016

August 9, 2016, 5:02 pm

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≪ Previous: Send Money from Dubai via Landbank Remittance Partners

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Here are the Top Banks in the Philippines based on Total Assets as of March 2016:

 Top Commercial/Universal Banks in the Philippines

RANK	BANK	TOTAL ASSETS	RANK
MARCH		in BILLION	DEC
2016		PESOS	2015
	TOP 18
1	BDO	1,986.556	1
2	METROBANK	1,375.660	2
3	LANDBANK	1,285.439	4
4	BPI	1,248.488	3
5	PNB	647.057	5
6	SECURITY BANK	516.594	6
7	DBP	483.082	7
8	CHINABANK	470.324	8
9	RCBC	408.266	9
10	UNION BANK	355.382	10
11	CITIBANK	295.516	11
12	UCBP	263.901	12
13	EASTWEST	232.599	13
14	HSBC	186.762	14
15	AUB	155.311	15
16	PHILTRUST	141.503	16
17	BCOMMERCE	127.081	17
18	BANK of TOKYO	104.922	20
No. 19 to
No. 34
19	MAYBANK	89.777	18
20	PBCOM	77.840	19
21	ROBINSONS BANK	58.635	22
22	STANDARD CHARTERED	58.063	21
23	VETERANS	53.017	24
24	DEUTSCHE BANK	50.342	26
25	MIZUHO	50.100	25
26	BDO PRIVATE	49.218	23
27	JP MORGAN CHASE	46.414	27
28	ANZ	33.875	28
29	CTBC PHILS	31.077	29
30	ING BANK	22.308	30
31	SUMITOMO MITSUI	16.403	34
32	BANK OF AMERICA	15.617	31
33	MEGA ICB	12.633	33
34	BANK OF CHINA	12.624	32
No. 35 to
No. 41
35	BANGKOK BANK	9.751	35
36	KOREA EXCHANGE	7.429	36
37	UNITED OVERSEAS	4.298
38	SHINHAN BANK	2.402	38
39	INDUSTRIAL BANK of KOREA	2.400	37
40	CATHAY UNITED	2.220	39
41	AL-AMANAH	0.846	40

Previous Ranking: Top Banks, by Assets as of December 2015US Dollar Accounts with Low Maintaining Balances

Send Money Online from BDO for Cash Pickup at BDO, Cebuana Lhuillier, MLhuillier

September 14, 2016, 8:35 am

≫ Next: Check Clearing on the Same Day

≪ Previous: 18 Top Banks in the Philippines, by Assets March 2016

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Parang BDO Pera Padala, pero nasa bahay ka lang, o sa office lang.

Now there's a way to send money even if you're not able to go out of your house or your office and your recipient does not have a bank account.

You can send money through BDO Online Banking for Cash Pickup at any branch of BDO, SM Remit at SM Mall, Cebuana Lhuillier, M Lhuillier, Palawan Pawnshop, RD Pawnshop and Rural Bank partners.

You can send up to 30,000 pesos if cash pickup is at Cebuana Lhuillier
                    and up to 50,000 pesos if cash pickup is at M Lhuillier.

You can send money through this service up to 5 times, as long as you do not exceed 50,000 pesos.

When can the recipient pick up the money?
Your recipient can pick up the money within one hour.

How much is the fee?

100 pesos if Cash Pickup at BDO
150 pesos if Cash Pickup at Cebuana Lhuillier or M Lhuillier
       
What are the steps to do?

1. Login to your BDO online banking. Enter your OTP.

2. Click Send Money

3. Click Send Money For Pickup

Image may be NSFW.
Clik here to view.

4.  You will fill up these fields:

       Sender Details
     
       Settlement Type  (Choose "Pickup")
       Transaction Type
                (Choose One:
                    Pick up Cash Anywhere (Any branch of BDO, SM Remit at SM Mall,
                                  Palawan Pawnshop, RD Pawnshop and Rural Bank partners )
                    Pick up Cash Cebuana
                    Pick up Cash MLKP

       Value Date
       Transfer from (Choose your Account No.)
       Amount
       Sender Name
       Address 1
       Address 2
      Mobile Number Birth Date


    Receiver Details

     Receiver Name
     Receiver Address 1
     Receiver Address 2
     Birth Date
     Gender
     Mobile Number
     Message to Receiver (puedeng "text agad")
     Purpose of Transaction  (puedeng "tuition")

5. Review what you've typed.
6. Click Submit.

7.  You will enter your OTP.
8.  Your transaction will be confirmed and you will be given a Reference No.
9/ Send this Reference No. to your recipient.
10. Your recipient will pick up the money, and will need to present:
              Valid Photo ID
               Reference No.
               Name of Sender
               Amount Sent

Related Posts:
Send money from BDO to BPI or Another Bank 
Send Money to any BDO account, Not Enrolled

Check Clearing on the Same Day

September 14, 2016, 6:19 pm

≫ Next: Banks Releasing SSS Sickness Maternity Benefits

≪ Previous: Send Money Online from BDO for Cash Pickup at BDO, Cebuana Lhuillier, MLhuillier

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One-Day Check Clearing for Local or Regional Checks. Will it happen soon? Will cheques soon clear on the same day it is presented to the bank?

It is expected, the BSP announced on its website. It announced that electronic check clearing will start on January 1, 2017. This means that checks will no longer be physically delivered to the paying bank. Instead, a digital image of the check will be sent online to the paying bank through the Check Image Clearing System of the PCHC*.

This is why the new design of checks is now like this:

Image may be NSFW.
Clik here to view.

3 changes:

1.  Smaller in size. Width now only 8 inches.
2.  The ₱ amount portion is now boxed.
3.  There's a waiver -- those words in small letters.
      The waiver says:
     I/We allow the electronic clearing of this check and hereby waive the presentation for payment of the original to XYZ Bank.

Be reminded again that your check should have:
                . No erasure
                . No alteration
                . Complete information
                      Date
                      Name of payee
                      Amount in figures
                      Amount in words
                      Signature                  

What happens to the honored original physical check?

The original physical check will NOT be returned to the issuer or drawee bank. It will stay with the collecting or depository bank (where the check was deposited) for a period of 6 months. 

What happens now to a returned check or bounced check?  

The original physical check, with the reason for return stamped on it, will be returned to the payee by his/her bank. It also includes information on whether the check is good for re-clearing/redeposit or not.

Can the issuer ever see his honored original physical check again? 

Yes, but only within 6 months from clearing date. And most likely a not-cheap fee will be charged because both the depository bank and the collecting bank will be involved.

After 6 months, most likely the original physical check will be shredded, kasi sabi nila, after 6 months, only the digital image will be available for viewing upon request.

Not All Banks  
Sadly, there will be some banks that will not yet be able to participate in the Check Image Clearing System come January 2017.

*PCHC is the Philippine Clearing House Corp. (PCHC).  It will implement the electronic check clearing system through its Check Image Clearing System (CICS).

Glossary:

Payee -- to whom the check was issued; person or organization being paid

Issuer -- the one who issued and signed the check

or Drawer

Drawee bank -- bank of the check issuer; bank with name embedded on the check

or Paying bank

Depository bank -- bank of the payee; where the check was deposited

or Collecting bank 

or Presenting bank

Honored check -- funded check; paid check; good check

Bounced check -- not funded
Returned check

References: 

Bangko Sentral ng Pilipinas. 2016. Electronic Clearing of Checks to Start in January 2017. Retrieved from http://www.bsp.gov.ph/publications/media.asp?id=4172

Bank of the Philippine Islands. Check Image Clearing System. Retrieved from https://www.bpiexpressonline.com/p/1/907/check-design

BDO Unibank Inc. 2016. Check Image Clearing System. Retrieved from

https://www.bdo.com.ph/sites/default/files/notice_check_clearing.pdf

China Banking Corp. On Check Image Clearing System or CICS. 2016. Retrieved from 

http://www.chinabank.ph/pdf/CICS-FAQ-as-of-May-16-2016.pdf

Related posts:
Tips for New Checking Account Owners

Checking Accounts with Lower Maintaining Balances

Banks Releasing SSS Sickness Maternity Benefits

September 23, 2016, 7:49 pm

≫ Next: BDO Remittance Partners Near Melbourne, Victoria, Australia

≪ Previous: Check Clearing on the Same Day

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Here are the banks that have partnered with the SSS to release SSS Sickness, Maternity and EC Benefits through SSS members' ATM accounts:

If you're:

•   Self-employed
•   Voluntary
•   OFW
•  Non-working spouse 
•  Separated, 

you can receive your SSS sickness, maternity and Employees' Compensation benefit through your existing or new ATM account with any of the following banks:

• Asia United Bank (AUB)
• Bank of Commerce (BCommerce)
• China Banking Corp. (ChinaBank)
• CityState Savings Bank Inc.
• Country Builders Bank Inc.
• CTBC Bank Corp.
• Development Bank of the Philippines (DBP)
• East West Bank
• First Consolidated Bank
• Innovative Bank
• Land Bank of the Philippines (Landbank)
• Merchant Savings Bank
• One Network Bank (ONB)
• Phil Bank of Communications (PBCom)
• Philippine Business Bank
• Philippine Savings Bank (PSBank)
• Philippine National Bank (PNB)
• PNB Savings Bank
• Philippine Veterans Bank (Veterans Bank)
• Postbank Savings Bank
• Rizal Commercial Banking Corp. (RCBC)
• Security Bank (SB)
• Standard Chartered Bank 
• Union Bank of the Philippines (UnionBank)
• United Coconut Planters Bank (UCPB)
• Century Savings Bank
• Guagua Rural Bank
• Philippine Trust Company (Philtrust)

The partnership is called the SMEC-PB Program, which stands for Sickness, Maternity and Employees' Compensation Payment thru the Bank.

How Will SSS Know My Bank Account?

You will write your bank account's details in your SSS benefit application form.

Here's the portion of the SSS Maternity Benefit Application form where you will write your account's details:

Image may be NSFW.
Clik here to view.

• You will write these details:

• Bank Name and Branch
• Bank Branch Address
• Zip Code of Bank Branch
• Bank Account Name
• Bank Account Number
• Check if Savings/Current Account, UMID ATM Account or Cash Card
• If Cash Card, write Validity date

SSS wants to make sure you are writing the correct bank account details, so bring with you:
   - Recent Deposit Slip with your name and account number (original and xerox copy)
   - Actual ATM card
   - Photocopy of your ATM card (front and back)

Related posts:
Top Savings Banks, based on assets as of Dec 2015 
Top Rural Banks as of 2015

BDO Remittance Partners Near Melbourne, Victoria, Australia

September 27, 2016, 2:15 am

≫ Next: List of BDO Billers -- Merchants You Can Pay via BDO Online Banking

≪ Previous: Banks Releasing SSS Sickness Maternity Benefits

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There's no BDO remittance partner in the city of Melbourne, in the state of Victoria, Australia, as of this time,
but there are 4 BDO remittance partners in Victoria, and here they are:

EHA Services Australia

Factory 6/7 Olive Grove, Keysborough
Victoria
Phone No.: +61 3 9701 8676

Fax. 613.9701-8675

Business hours: Open from 9 am to 5 pm Monday to Friday

EHA offers freight forwarding, money remittance and door-to-door cargo delivery to the Philippines.
It was established in 1993.

Balikbayan boxes depart every end of the month, so make your bookings early.   You can deposit your payments in any branch of these banks:
ANZ, WESTPAC, NAB & CBA

JEC Remittance & Cargo Service

Unit 70 No. 346 Sydenham Road, Sydenham,
Victoria
Phone No.: 03 9449 3606

J & J Express

6 Mantung Crescent Rowville
Victoria
Phone No.: (03)9702 7995 or (03)8768 7341
Mobile Nos.: 0407 666 688 or 0423 921 628  
Email: jexpress@bigpond.com
ABN No: 48 034 600 599
Website: jandjexpress.com.au
Business hours:9am to 5pm, Monday to Friday

Bank partners in Australia: Bank of Melbourne and Westpac

According to its website, J & J Express was founded in 1990 by Josephine Quintero. It started out as a money remittance company, then later branched out to shipping balikbayan boxes and other cargoes, handling order regalo requests, and arranging concerts and celebrity entertainment events.

Ordoña Exchange

482 Spring Vale Road, Glen Waverley
Victoria

MELBOURNE is the capital of Victoria, one of the 6 states of Australia.
It's a coastal city, along the coast of It's the most populated city in Victoria and the second most populated city in the entire nation of Australia.

The 6 states of Australia are:

Western Australia
South Australia
Queensland
New South Wales
Victoria
Tasmania

Australia also has 10 territories.

Related Posts:

BDO Remittance Partners in Australia  

BPI Remittance Partners in Australia

IREMIT Remittance Offices in Australia

List of BDO Billers -- Merchants You Can Pay via BDO Online Banking

October 1, 2016, 5:55 pm

≫ Next: Send Money to Rural Banks via BDO Online Banking or Remittance Partners Abroad

≪ Previous: BDO Remittance Partners Near Melbourne, Victoria, Australia

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Here's a list of companies or merchants that you can pay through BDO online banking

You can pay the following companies WITHOUT pre-enrollment:

Abenson Ventures Inc.
ABS-CBN Lingkod Kapamilya Foundation Inc.
ABS-CBNMobile
Aeon Credit Service (Philippines) Inc.
Arya Residences Condominium Corp.
Cebu Pacific Air Inc.
E-Census (Unisys)
Electroworld Inc.
First Life Financial Co. Inc.
FWD Life Insurance Corp.
HC Consumer Finance Philippines Inc.
HelloPay Philippines Inc.
Julie's Franchise Corp.
Major Homes
Makati Finance Corp.
Maxicare
O Shopping
PAL Express
PayMaya/Smart PayMaya
Philippine Airlines
Pioneer Insurance and Surety Corp.
Pioneer Intercontinental Insurance Corp.
Skyy Services
SOS Children's Villages Inc.
United Coconut Planters Life Assurance Corp.

Companies/Merchants That You Need to Enroll Before Paying:

You can immediately pay your biller after enrollment.

To enroll:
Login to BDO Online Banking
   . Click Enrollment Services
   . Click Company/Biller
   . Enroll
   . Fill-out the information needed
   . Click Submit


Abacus Securities Corp.
Ace Insurance
Adamson University
Allied Banking/PNB Credit Cards
Alphaland Balesin Island Club Inc.
Alphaland Balesin Island Resort Corp.
Alphaland Development Inc.
Angeles City Cable Television Network Inc.
Angeles University Foundation
Apo Land and Quarry Corp.
Araneta Center Inc.
Asian Spirit Inc.
Ateneo Loyola School
Ateneo Junior High School
Ateneo Grade School
Ateneo Law School
Ateneo School of Medicine and Public Health
Ateneo Business School
Ateneo High School
Ateneo de Davao University
Axa Philippines (Phil Axa Life)
AZ Communication Network Inc.
Baguio Benguet Community Credit Cooperative
Bank of Commerce
Bankard - Bankard Mastercard
        - RCBC Bankard Private Label
        - China Union Pay
        - Bankard One
        - RCBC JCB
        - RCBC Mastercard
        - Bankard JCB
        - Bankard Visa
Bayan Telecommunications Inc. (Bayantel)
BDO Credit Card Dollar Payment to Dollar Card
                 - Mastercard/Mastercard Corporate/Virtual Card
                 - Visa/Visa Platinum
                 - China Union Pay
                 - AMEX
BDO Credit Card Peso Payment to Peso Card
                 - Mastercard
                 - SM Privilege Card
                 - Commercial Plus
                 - Visa Distribution
                 - China Union Pay
                 - SM Partner Plus
                 - Visa Purchasing
                 - AMEX
                 - JCB
                 - Visa          
BDO Insurance Brokers Inc.
                 (Find your specific product/plan type)
CFC Ancop Global Foundation Inc.
             (Find your specific program)
   The Church of Jesus Christ of Latter-Day Saints (see letter T list)
Cignal TV Inc.
Citibank - Visa
         - Citibank ISO
         - Ready Credit Mla (Cebu)
         - Mastercard
         - Ready Credit Installment
  The City Club at Alphaland Makati Place Inc. (see letter T list)
City Savings Bank Inc.
Citymall
   (Find specific charge)
CJ Philippines Inc.
Coke ARSS
Coke KA
Coke National
COL Financial Group
ComClark Network and Technology Corp.
Converge Information and Communications Technology
    The Country Club at Tagaytay (see letter T list)
Couples for Christ, GMFI    
Cross Creek Development Corp.
Crown Lifestyle Net Inc.
Dial Code Philippines
Digitel
Directory Phils Corp. (DPC)
DMCI Project Developer
East West Bank Credit Card
Eastern Telecommunications Philippines Inc.
Ecocrete Inc.
Equicom Savings Bank
Eton Properties Philippines Inc.
Filinvest Alabang Inc.
Filinvest Land Inc.
First United Broadcasting Corp.
FPG Insurance Co. Inc.
Globe Postpaid Mobile - Globe Mobile
   Innove/Globe Landline/Tattoo Broadband  (see letter I list)
Greenpeace Foundation Inc.
Hi-Tech Cable TV Inc.
   The Hillside at Tagaytay Highlands (see letter T list)
   The Highlands Prime Comm Condo (see letter T list)
Holy Angel University
HSBC Credit Card
HSBC FAO Damco Philippines Inc.
HSBC FAO DHL Express (Philippines)
HSBC Personal Loan
Ideal Optical Supply
Iligan Cement
Innove/Globe Landline/Tattoo Broadband
Intercontinental Development
Island Quarry and Aggregates Corp.
Jazz Residences Condominium Corp.
Jose Rizal University
Letran Sur
Letran TF
Light Residences Condominium Corp.
Lipa City Colleges
Loyola Plans
Lyceum of the Philippines
Macondray Finance Corp.
Manila Golf and Country Club
Manila Polo Club
Manulife ChinaBank Life Assurance Corp.
Manulife Financial Plans
Manulife Insurance Co.
Matrix Mobile
Maybank ATR Kim Eng Securities Inc.
Maybank Philippines Inc.
Maynilad Water Services Inc.
Meralco
Mindanao Portland
MLamb Tarlac Inc.
Moldex Realty Inc.
Morinda
   The Orchard Golf and Country Club (see below)
Pacific Internet
Panay Electric Co. Inc.
Philam Life
   The Philippine Academy of Ophthalmology (PAO) (see letter T list)
Philippine Prudential Life Insurance Co. Inc.
Philippine Rural Banking
PhilPlans First Inc.
Philstocks Financial Inc.
Pico de Loro Beach and Country Club Inc.
Pico de Loro Cove Condominium Corp.
Pilipino Cable - Bacolod
                        - Baguio
                        - Camanava
                        - GMA/Rizal
                        - Iloilo
                        - Laguna/Cavite
Pioneer Life Inc.
PLDT
Plutus Technologies Philippines Corp.
Primewater Infra Corp. (North)
Primewater Infra Corp. (South)
Private Education Retirement Annuity Association
Progressive Development Corp.
Pru Life of UK
Quezon City Sports Club
Republic Cement
Riviera Golf and Country Club
San Pedro College Inc.
San Sebastian College Recoletos Inc. - Manila
SCB FAO Booking.com
SCB FAO PEMC-IMEM
Seaoil Philippines Inc.
SkyBroadband
Skycable Corp./Sunvision Cable/Destiny Cable
SM Development Corp. (SMDC)
SM Prime Holdings Inc. - CPG
           (Find your specific mall or facility)
SM Prime Holdings Inc. (Residential)
SM Residences Corp.
SM Synergy Properties Holdings (SMSY) Corp.
Smart Communications Inc. - Smart/SmartBro/Red Mobile
Sony Lie Insurance (Phils) Corp.
Splendido Taal Golf Club Corp.
St. Scholastica College
St. Peter Life Plan Inc.
Sta. Lucia Realty and Development Inc.
Sta. Cecilia College (SCC) Valenzuela City
Standard Chartered Bank - Visa
                        - Low Rate Plan
                        - Mastercard
Stateland Inc.
Sulit.com.ph/Netpreneur Connections Enterprises
Sumisho Motor Finance Corp.
Summerhills Home Dev
Summit Publishing Co. Inc.
Sun Cellular
Sun Cruises Inc.
Sun Life of Canada Philippines Inc.
Sun Residences Condominium Corp.
Suntrust Properties Inc.
Tagaytay Highlands Intl
Tagaytay Midlands Golf Club
Telecommunications Technologies Philippines Inc.
The Church of Jesus Christ of Latter-Day Saints
The City Club at Alphaland Makati Place Inc.
The Country Club at Tagaytay
The Highlands Prime Comm Condo
The Hillside at Tagaytay Highlands
The Orchard Golf and Country Club
The Philippine Academy of Ophthalmology (PAO)
THPCCOAI - The Woodlands Point
THPCCOAI - The Woordridge Place
Tong Yang Savings Bank
Toyota Financial Services Phil
Tri-Isys Internet
Twenty Two Forty One Properties Inc. (2241)
U-Bix Corp.
UCPB General Insurance Co. Inc.
Unioil Petroleum Philippines Inc.
Vancouver Lands Inc.
Wind Residences Condominium Corp.
YesCredit Financing Inc.

Related Posts:
Transfer Money Online from BDO to BPI and Other Local Banks
Why Was I Charged Below-Maintaining-Balance Penalty?

Send Money to Rural Banks via BDO Online Banking or Remittance Partners Abroad

October 5, 2016, 7:01 pm

≫ Next: Send Money from Lebanon to Philippines

≪ Previous: List of BDO Billers -- Merchants You Can Pay via BDO Online Banking

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Here's a list of rural banks where your family can claim your remittance sent through BDO's service:  


  BDO CASH PICK-UP ANYWHERE  

If your family lives in a place where there is no BDO branch or SM Mall, and there's a rural bank, check if this rural bank is a remittance partner of BDO, so you can consider sending money through that rural bank.

Your family can pick up your money at any of these rural bank branches.


One Network Bank (ONB)
     This rural bank is owned by BDO.
     It has more than 100 branches and more than 180 ATMs in Mindanao and the Visayas.
     ONB cardholders can also use BDO ATMs without paying internetwork charges.
     Likewise, BDO ATM cardholders can use ONB ATMs without internetwork charges.

One Network Bank branches in Luzon are in:

Makati
Ground Floor, Dacon Bldg.
2281 Pasong Tamo Ext., Makati City

Indang, Cavite
San Gregorio St.
Poblacion, Indang, Cavite

Tarlac
Ground Floor, Monarch Bldg.
J.P. Rizal Ext., Brgy. Sto Cristo
Tarlac City


Partner Rural Banks in North Luzon:
Banco Lagawe
FICO Bank
One Network Bank
Rang-ay Bank
Rural Bank of Cauayan
Rural Bank of Central Pangasinan

Partner Rural Banks in Central Luzon:
Bank of Florida
GM Bank
Guagua Rural Bank

Partner Rural Banks in South Luzon:
Bangko Kabayan
Bangko Mabuhay
Camalig Bank
CARD Bank
One Network Bank
Quezon Capital Rural Bank

Partner Banks in the Visayas
1st Valley Bank
Cantilan Bank
CARD Bank
One Network Bank
PenBank

Partner Banks in Mindanao
1st Valley Bank
Cantilan Bank
One Network Bank
PenBank

There are also pawnshops that have partnered with BDO for its Cash Pick-up Anywhere service:

• Cebuana Lhuillier
• MLhuillier
• RD Pawnshop
• Palawan Pawnshop 

Related Posts:
Top Rural Banks in the Philippines 

Rural Banks Headquartered in Metro Manila

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Send Money from Lebanon to Philippines

October 16, 2016, 4:48 pm

≫ Next: Security Bank Fast Track Secured Credit Card

≪ Previous: Send Money to Rural Banks via BDO Online Banking or Remittance Partners Abroad

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Here are remittance companies through which you can send money from Lebanon to the Philippines:

BDO Remittance Partner:
Service Exchange Co.(SECO)
Hamra - behind Pecadelly, Baalbak St.
Beirut, Lebanon

BDO international remittance partners:
Moneygram
Ria
Transfast
Xpress Money

Asia United Bank (AUB) Remittance Partner:
Wings International Money Transfer
Hamra, Lyon St. Lyon Bldg.
Beirut, Lebanon

AUB GintongHatid Remittance Express System
 -- Door-to-Door Peso Cash Deliveries
 -- Cash Pick-up at AUB Branches and authorized Pick-up Centers
 -- Credit to AUB Deposit Accounts
 -- Credit to other banks' deposit accounts
 -- Faster transfer to Bancnet-member banks
 -- Remittance to AUB Redi Money Cash Cards
 -- AUB has promotions for loyal remitters:
      Cash-Cash Panalo, Loyalty program and Remittance Regalo II
--  You can track your remittance through these AUB tracking systems:
        AUB Gintong Hatid Remittance and Redi Money
-- You can ask Wings International if it's offering assistance in opening an AUB account

Send Money from Lebanon Through WIRE TRANSFER

You can send to a PNB, BPI or Metrobank account in the Philippines
through wire transfer
at these banks in Lebanon.
Usually, wire transfers are used when sending big amounts of money,
or when there's no other remittance option.

PNB Correspondent Banks in Lebanon (Philippine National Bank)

 -- Bank Audi SAL, Beirut AUDB LB BX
 -- Banque Libano Francaise, Beirut BLFS LB BX
 -- Byblos Bank SAL, Beirut BYBA LB BX
 -- Lebanese Swiss Bank, Beirut LEBS LB BX
 -- Lebanon & Gulf Bank, Beirut LGBA LB BE

BPI Correspondent Banks in Lebanon (Bank of the Philippine Islands)

 -- Byblos Bank LebanonBYBALBBX
 -- Citibank BeirutCITILBBE
 -- Credit Libanais SALCLIBLBBX
 -- HSBC Bank Middle EastBBMELBBX
 -- Societe Generale de Banque Au LibanSGLILBBX
 -- Standard Chartered Bank S.A.L.SCBLLBBE

Metrobank Correspondent Banks in Lebanon
Audi Saradar Private Bank SAL Beirut  BSARLBBX
National Bank of Kuwait (Lebanon, Beirut) NBOKLBBE

Security Bank Fast Track Secured Credit Card

October 17, 2016, 8:29 pm

≫ Next: BDO Remittance Partners in Perth, Australia

≪ Previous: Send Money from Lebanon to Philippines

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If you don't have income documents to apply for a regular credit card, here's another secured credit card -- the Security Bank Fast Track Secured Credit Card. It's a MasterCard credit card.

This is offered to both existing Security Bank clients and applicants who are not yet clients of the bank.

Image may be NSFW.
Clik here to view.

What's a secured credit card?
You give a collateral to the bank to secure your credit card. You'll deposit an amount of money that the bank can use to pay your credit card debt in case you're not able to pay your debt.

Dedeposit pala, eh uutang nga eh. Bakit pa ako kukuha ng secured credit card?
You apply for a secured credit card because you need a credit card, but you're not yet qualified to apply for a secured credit card. Maybe you don't have ITR or income documents. Maybe all your previous credit card applications were rejected.

With a secured credit card, you can build a good credit record, so you can apply for a regular credit card after a few years.

How much should you deposit to qualify for a secured credit card?

Savings account -- Minimum is 15,000 pesos

Time Deposit -- Minimum is 100,000 pesos

Can you withdraw your money or part of your money after you get your credit card?
No. The bank will hold your money for security. Your money is your collateral. It will be used to pay your credit card debt in case you're not able to pay off your debt.

Of course you can get back your money later on when you decide to surrender your credit card.

Does your savings account or time deposit earn interest while you're using your credit card?
Yes

Does the secured credit card enjoy promotions and discounts and earn points just like regular credit cards?
Yes

Requirements:

 - You're at least 21 and not older than 65
 - You have a residence or business landline number
 - You have a valid government photo ID

Documents to fill out and sign:

  1. Application Form
  2. Holdout Agreement Form

How to apply:

1. Prepare your valid government photo ID and money (at least 15,000 pesos).
    Bring your other IDs, if you have.

2. Go to any Security Bank branch and open a savings or time deposit account.
Mention that you want to apply for a Fast Track secured credit card.

3. Apply for a credit card.

4. Submit your application.

5. Wait for approval. Security Bank says it will process your application within 3 banking days.

Other secured credit cards:
RCBC Bankard Instacard
BPI Express Start

BDO Remittance Partners in Perth, Australia

October 19, 2016, 3:37 pm

≫ Next: PNB Branches in China

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You can send money from Perth, Australia to the Philippines through these BDO Remittance Partners in Perth, Australia.

These are BDO's remittance partners in Perth, Western Australia:

Fams Pera Padala (Money Remittances) 
17 Stidwell Street, Canning Vale
Perth WA 6155

Granstar Global Services Pty. Ltd. 
Shop 00005 Belmont Forum Shopping Centre
227 Belmont Avenue, Cloverdale
Perth WA 6105

   PeraMax is the brand name of Granstar Global Services
   Peramax Toll Free Number: 1 300 798 751
   Office Telephone Number: 08 9477 1560 / 08 6102 6556
   Hotline Number:02 8005 8271 / 08 8005 4352
   Mobile Number: +61 418 829 220 /+61 431 251 340
   Email : customercare@peramaxonline.com
   Viber +63917 560 9101

   Cash Pick-up points in the Philippines:
   M Lhuillier
   PNB
   BDO
   Cebuana Lhuillier

  Banks for Cash Deposits:
  You can send money to any bank in the Philippines,
   but the following banks are PeraMax's remittance partners:
  BPI
  BDO
  PNB
  Chinatrust
  Metrobank
  Landbank

You can also send through International Money Transfer Companies that Have Partnered with BDO:
MoneyGram
Sigue Money Transfer
Xpress Money Services
Xoom
Uniteller
TransFast/New York Bay Remittance
UAE Exchange Centre
RIA
Western Union

Perth is the capital of Western Australia, the biggest of the 6 federated states of Australia. It's the fourth most populated city in Australia, next to No. 1 Sydney (New South Wales), No. 2 Melbourne (Victoria) and No. 3 Brisbane (Queensland).

Perth is also one of Australian cities nearest the Indian Ocean. Some analysts consider Perth as among the most beautiful cities in the world.

PNB Branches in China

November 3, 2016, 6:33 pm

≫ Next: Tahweel Al Rajhi Centers in Riyadh, Saudi Arabia

≪ Previous: BDO Remittance Partners in Perth, Australia

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There are two PNB bank units in China. The banks are operating as Allied Commercial Bank.
The one in Xiamen is a subsidiary of PNB or Philippine National Bank
and the one in Chongqing is a branch of the Xiamen subsidiary.

Allied Commercial Bank
3rd Floor, The Bank Centre, 189 Xiahe Lu, Xiamen
361003, People's Republic of China
Phone No.: (86592) 239 9316 to 17
Email: zhangyu@alliedbankchina.com.cn
General Manager: Zhang Yu
Allied Commercial Bank is operating as a commercial bank subsidiary of PNB.

Allied Commercial Bank - Chongqing Branch
521-522 Hilton Chonqing, 139 Zhong Shan
San Lu, Yu Zhong District, Chongqing
400015, People's Republic of China
Phone No.: (8623) 8903 9958
Email: yangjie@alliedbankchina.com.cn
Branch Head: Yang Jie
This bank is operating as a branch of Xiamen-based Allied Commercial Bank.

PNB branches in China

If you're sending a big amount of money, you can request for a wire transfer at any of the PNB correspondent banks in China.
Many banks require that you have an existing account with them before you can apply for a wire transfer with them.

Related Post:
Metrobank branches in China

Tahweel Al Rajhi Centers in Riyadh, Saudi Arabia

November 4, 2016, 6:16 pm

≫ Next: TOP 16 Banks, Based on Deposits, June 2016

≪ Previous: PNB Branches in China

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Tahweel Al Rajhi is the remittance unit of Al Rajhi Bank.

You can send money to the Philippines through:

• over the counter at any Tahweel Al Rajhi center
• ATM of Al Rajhi Bank -- if you have an account with Al Rajhi Bank
• Standing Order -- register first at any Tahweel Al Rajhi center

Bring your Iqama.

Here's a list of Tahweel Al Rajhi centers in Riyadh, Saudi Arabia:

Al Aswaq          01 4081548
Al Aziziyah
   Riyadh            01 2138363
Al Badea                  01 4300193
Al Balad                  01 2870665
Al Dabab St.          01 4721475
Al Hamra Riyadh  01 2456219
Al Madinah
   Al Sinaiyah        01 4982252
Al Nazim               01 2462232
Al Olaya                  01 4623568
Al Rabie                  01 2005712
Al Sa'adah              01 2419746
Al Sharfiah
   Riyadh                01 4404764
Al Shumaisy          01 4353098
Al Sulai                  01 2703665
Al Wazarat             01 4023973
Aswaq Al Shamal  01 4531607
Batha                     01 4050292
Bin Sulaiman          01 4143029
Hai Al Khaleeg     01 2261295
Hai Al Quds          01 2302824
Hai Al Safarat       01 2813595
Hai Al Salam          01 4963925
Hai Badr                  01 4231824
King Abdullah Rd.  01 4508087
 Lulu Market           01 4025203
Malaz                  01 2912654
Manfouhah          01 2727365
Naseem                  01 2093461
Prince Salman St.  01 4478807
Sahat Al Adle          01 2867131
Sulaimaniya          01 2934689
Sultanah                  01 4512805
Transport              01 2130522
Twaiq                  01 4301033
Umm Al Hamam  01 4826249


The remittance partner banks of Tahweel Al Rajhi in the Philippines:
BDO
BPI
China Bank
Land Bank
Metro Bank
PNB
RCBC