OFWs Can Send Money to the Philippines Thru BDO Remit

November 23, 2010 · Filed Under Banks, OFW, Remittance 

There are now plenty of ways for OFWs to send money to their families in the Philippines.  These include:

  • Bank-owned remittance services like BDO Remit or BPI Expres Remittance
  • Internet banking
  • Non-bank remittance services like Western, Xoom, Moneygram
  • Bank wire transfer
  • Post-dated checks
  • Payment processors like Paypal

Typically, you choose a remittance service or method depending on:

  • Reliability – Mapagkakatiwalaan ba?
  • Speed of remittance – Kailan darating sa pamilya?
  • Exchange rate – Magkano sa peso?
  • Accessibility of sender to remittance office – Malapit ba ang office kung saan magpapadala?
  • Accessibility of receiver to where remittance is given – Malapit ba ang pamilya  sa bangko, service o sa ATM na daratnan ng remittance?
  • Remittance fee – Mahal ba ang pagpadala?

One of the ways to send money to the Philippines is through BDO Remit.

BDO Remit is a remittance service available in almost all countries where there are OFWs and  Filipino immigrants. You can load the equivalent of up to 100,00 pesos to the BDO Remit Cash Card of your family.  Where you are, look for:

  • BDO Remit subsidiary offices
  • BDO Remit representative offices
  • BDO Remit remittance agents
  • BDO Remit remittance partners

You can choose how your remittance through BDO Remit can reach your family:

  • Through a BDO account, such as BDO Remit account, BDO Kabayan Savings account, or a regular savings account (can be withdrawn anywhere there’s a BDO ATM or affiliated ATM)
  • Door-to-door delivery
  • Deposit of money to family’s account in another local bank
  • Cash pick-up at BDO branches, SM department stores,  Savemore, affiliated rural banks

How much is the remittance fee?

The fees vary depending on the country of origin, the type of delivery and whether the money is received in pesos or U.S. dollars.  If in dollars, the fees vary depending on the amount.  Dollar deposits and delivery are offered only in Metro Manila.

Fees for remittances from California:

Deposit to a BDO account -  US$8
Deposit to another local bank – US$12 (Metro Manila), US$14 (Province)
Cash Door to Door – US$12 (Metro Manila), US$14 (Province)
Pick-up – US$12 (Metro Manila or Province)

Fees for Remittances from Italy:
Credited to a BDO account: 8 Eur or $8, 10 Eur or $10
Credited to other local banks or door-to-door: 10 Eur or $10
Cash Pick-Up Anywhere:  8.50 Eur or $8.50

Fees for Remittances from Hong Kong:
Credit to a BDO Account:  HK$ 20 for peso account, HK$28 for dollar account
Credit to another other Local Bank:  HK$ 30 for peso and dollar accounts
Cash Door-to-Door: HK$ 30 Metro Manila, HK$ 40 for provinces (peso only in provinces)
Cash Pick-up Anywhere: HK$ 20 for remittance in pesos or in dollars

How fast can the family receive the remittance? (From California, Italy, or Hong Kong)

  • For deposits to BDO accounts -  within 1 hour
  • Deposits to other local banks – within 1 to 2 days if in pesos, within 3 to 4 days if in dollars
  • Door to door – within 1 to 2 days in Metro Manila, within 1 to 3 days in major cities, within 4 to 7 days in other areas
  • Cash pick-up – within 1 hour

You can open a BDO Remit account abroad:

  1. Go to a BDO Remit subsidiary, partner or agent located in your city.
  2. Fill up a BDO Remit Cash Card Application Form.
  3. Pay the BDO Remit cash card fee.
  4. BDO will deliver the the ATM to your family.

Or a member of your family in the Philippines can open his/her own BDO Remit Cash Card account and then email you the account number.

You can check online the status of your remittance through BDO Remit Status Inquiry.  Just fill in your Reference Number, including any alphabet letter or special character provided by the remittance office, partner or agent.

What is a BDO Rewards Card?

You can also earn points that you can use for shopping through a BDO Rewards Card. You can request for this card at your branch or at any BDO Remit office abroad. Just fill out a BDO Rewards Customer Information Update Form.  The card will be delivered to your mailing address. You’ll earn points as you remit money, make deposits and pay bills using BDO services.

There are BDO Remit Subsidiary Offices in:
Germany
HongKong
Italy
Macau

The addresses of BDO remittance offices, partners, representatives and agents can be seen on the BDO website.

There are BDO Remit Representatives in:
France
Israel
Taiwan

There are BDO Remittance Partners in:
Australia / Bahrain/ Belgium / Brunei / Canada / England (Great Britain or UK) / Greece / Guam / Hongkong / Ireland / Israel / Jordan / Kuwait / Lebanon / New Zealand / Norway / Oman / Malaysia / Mexico / Papua New Guinea / Qatar / Saudi Arabia / Singapore / Spain / Switzerland / Taiwan / United Arab Emirates / U.S.A. /

There are Remittance Agents in:

HongKong
California and other U.S. cities

Related Articles:
BDO Kabayan Savings, BDO Remit Cash Card for OFWs
BPI and BDO Internet Banking — Free and Quick Ways to Send Your Children’s Allowance
BDO Correspondent Banks for Sending Money to the Philippines
Cheap Ways to Send Money to Your Loved Ones Within the Philippines

 

Tags: , , , , , , , , , , ,

Comments

7 Responses to “OFWs Can Send Money to the Philippines Thru BDO Remit”

  1. roldan on February 9th, 2013 4:50 am

    hi ma’am i just want to know how to deposit money in kabayan saving accounts here in kuwait.. do you have any brnch of partner here?

  2. roldan on February 9th, 2013 4:52 am

    never mind my first question ma’am…just want to ask again what are the specific location of your partners?

  3. Nors on February 9th, 2013 8:21 am

    Hi Roldan, merong BDO Remit dito as of Feb 2013 list: Al Muzaini Exchange PO Box 2156, Safat 13022 at Etemadco Exchange Souk Al-Watiya, #95 Near Adidas, Maliya. Merong other partners dito, pero i-update ko pa ang list mamya. http://www.banksphilippines.com/2011/09/bdo-remittance-send-money-from-kuwait.html

  4. verginia on February 10th, 2013 4:21 am

    pwede po ba magtransfer ng money online? first time ko po kasi mag abroad, dto ako riyadh. at hindi ko pa po naregister sa online yung card ko.

    salamat!

  5. Nors on February 10th, 2013 7:26 am

    Hi verginia, kung meron kang savings or checking account sa BDO (not BDO Remit card or cash card), puede kang mag-enroll sa BDO online banking. Choose the option “I do not have access to a BDO ATM machine”.

  6. rose on May 13th, 2013 4:43 pm

    hi.. does anyone know how much is the remittance fee for sending money to the philippines from saudi through a bdo kabayan account?, like how much would it charge for 10,000 php, ty

  7. Nors on May 13th, 2013 7:03 pm

    Hi rose, I’m not sure how much now. It could be between 15 to 20 riyals.

Leave a Reply




THANK YOU FOR YOUR COMMENTS . Please...NO TEXT SPEAK ... it takes time to understand. Thank you.

Starting this February 2013, to comply with the language policy of the program that supports this blog, I will now respond in English.

If you can, please write in Taglish or English. Of course, you can still write in Tagalog...I'll just translate or store it. Tagalog is not yet supported by global ad programs. I will republish the thousands of deleted comments in a Taglish site, and return some of those comments to this blog. Thank you again.