REMITTANCE


SIKAP PINOY

Inihahandog para sa mga Pinoy overseas workers at sa kanilang mga pamilya ang Sikap Pinoy OFW Account. Ito ang kabalikat ng bawat Pilipino tungo sa pagasenso at pagunlad ng kanilang buhay at ng kanilang minamahal.

Features:
  • Required initial deposit: None
  • Minimum maintaning ADB: None
  • Minimum ADB to earn interest: PHP 5,000
  • Interest crediting: monthly
  • With fixed interest rate
  • With Sikap Pinoy customized ATM card
  • Account is for OFWs and their beneficiaries
  • Account is available at PDOS centers
  • With account access via bCommerce Internet Banking
  • With access at any BancNet, Megalink and ExpressNet ATMs
  • With access to online payment and cashless shoppig at over 1,000 establishments

BANK OF COMMERCE REMITTANCE SERVICES

Bank of Commerce is now in the remittance business. OFWs all over the world can send their remittances thru Bank of Commerce Remittance Partners (click here for the complete list of BOC remittance partners). Bank of Commerce developed a remittance system (BOC Remit) which is capable of a straight-through process platform to provide Bank of Commerce clients fast and efficient service, an “Instant, easy way of sending money”.

Services Offered:

  • Credit to BOC Account - OFWs can remit directly into their Bank of Commerce Philippine Peso account
    and US dollar account.

  • Cash Pick-up At Any BOC branches - Beneficiaries can claim their cash remittances from our
    overseas remittance partners at any of the BOC branches. MoneyGram and Transfast-Worldwide Money Transfer are also available for pick-up at any of the Bank of Commerce branches.

  • Credit to Other Bank Account – OFWs can remit directly into their Philippine Peso account within 24
    hours (banking days).

  • Cash Pick-up Anywhere - For remittance coursed through Bank of Commerce, the beneficiaries can
    claim their cash remittances from any of the following outlets and branches:
    1. Bank of Commerce branches
    2. M. Lhuillier
    3. Cebuana Lhuillier
    4. LBC

  • Cash Door-to-Door – Cash remittance will be delivered to the beneficiary doorstep within 24 hours for
    Metro Manila and within 48 to 72 hours for key Provincial areas.

  • E-Government Payments – Bank of Commerce is now accepting SSS, PhilHealth and Pag-IBIG
    payments of OFWs thru our foreign Remittance Partners (click here for the complete list of Bank of Commerce e-government payment partners).



BANK OF COMMERCE REMITTANCE FEES AND CHARGES

INCOMING REMITTANCES Service Charge DST Cable Charge
Foreign
   Credit to Dollar Account USD7.50 n/a n/a
   Credit to Peso Account PHP350.00 PHP0.60 for every PHP200.00 or a fraction thereof n/a
   Remittances from tie-up Charges vary depending on the service agreement with remittance partner
Domestic
   PDDTS credit to USD Account USD5.00 n/a n/a
   GSRT credit to USD Account USD5.00 n/a n/a
   PDDTS and GSRT credit to Peso    Account Php350.00 PHP0.60 for every PHP200.00 or a fraction thereof n/a
   EPCS Php0.00 n/a n/a
   RTGS Php150.00 n/a n/a

OUTGOING REMITTANCES Service Charge DST Cable Charge
Foreign
   Debit from Peso Account USD5.00 (or peso equivalent) PHP0.60 for every PHP200.00 or a fraction thereof USD11.50
   Debit from FCDU Account USD5.00 n/a USD11.50
Domestic
   RTGS USD5.00 (or peso equivalent) PHP3.00 USD11.50
   EPCS PHP100.00 PHP3.00 n/a
   PDDTS debit from USD    Account USD5.00 n/a USD11.50
   PDDTS debit from Peso    Account USD5.00 Php3.00 USD11.50

PARTNERS / TIE-UPS

GLOBAL

  • MoneyGram International
  • TransFast - Worldwide Money Transfar
  • iRemit Global Remittance
  • Prabhu Money Transfer
KINGDOM OF SAUDI ARABIA

  • Arab National Bank
    Telemoney Division – 3rd Flr Bait 7 Building,
    King Faisal Street Muraba District, Riyadh, KSA
    +966-1-4029000 Ext. 3601 & 3347
    tmccu@anb.com.sa

UNITED ARAB EMIRATES

AUSTRALIA

  • Eastern and Allied Pty Ltd / REMOX
    56 John Street,
    Cabramatta NSW 2166, Australia
    +61-2-97287928 / 61-2-97283581
    www.hhmt.com.au
EUROPE

  • Worldremit Inc.
    Kengsington Centre 66 Hammersmith Road,
    London, W14 8 UD United Kingdom
    +44-20-71485800
    www.worldremit.com
CANADA

ASIA

  • Pacific Ace Forex HK Ltd
    Wing On House Unit 2202-2203, 22/F 71 Des Voeux Road Central,
    Hongkong
    +852-25325800
    www.familyexpress.ca

CORRESPONDENT BANKS

AMERICA

AUSTRALIA

  • National Australia Bank, Australia
    15/500 Bourke Street, Melbourne
    Victoria 3000, Australia
    www.nab.com.au
EUROPE

ASIA

  • Kookmin Bank
    84 Namdaemun-ro, Jung-gu Seoul, South Korea
    www.kbstar.com

  • Wells Fargo, Tokyo
    Yamato International Bldg., 8F 2-1-3
    Hirodome-Cho Nihonbashi Chuo-Ku, Tokyo, Japan
    www.wellsfargo.com

  • Standard Chartered Bank, Tokyo
    21st Floor Sanno Park Tower 2-11-1
    Nagatacho, Chiyoda-ku Tokyo 100-6155 Japan
    www.standardchartered.co.jp/en


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