There was also an LBC desk at Lucky Plaza, Singapore.
LBC has a service called “LBC Money Remittance”. What caught my attention is the instant remittance via ATM card.
The recipient will need to apply for the card at LBC bank in the Philippines prior to the transaction. When an OFW in Singapore sends a remittance, the amount is reflected in the recipient’s ATM in the Philippines within 15 seconds. The recipient can then withdraw the money immediately from any Megalink ATM (LBC Bank is part of the Megalink network).
As an aside, I was also delighted that that there are financial services for OFWs in Singapore that allow them to send SSS payments to the Philippines. This is what I meant when I wrote in the past that I want the OFWs to control where their remittances go. SSS is a start. G-Cash now allows sending tuition fees to some G-Cash partner-universities. Later on, I’d like to see OFWs being able to send money straight to the hospital (for regular health care of relatives), straight to a bank as amortization for a house, straight to a savings account in the Philippines, or straight to an investment product in the Philippines.
Para naman hindi ma-sayang ang remittance sa pag-inom ni Tito Boy, o sa Piyesta, o sa “gimmick” ni Kuya.
With the emerging technologies, it’s just a matter of time.
Related links (Added June 3 2008):
-
LBC Bank’s list of branches:
ka edong
hari ng paalala
Popularity: 9% [?]
{ 56 comments… read them below or add one }
Next Comments →
ang LBC bank ba sa Philippines pwde rin ba mag padala ng pera anywhere in the usa? Let say 1,000,000 One million pesos convert to dollar 20,000.00 dollar, pls reply
hi ric pan,
i don’t think so. You can try contacting LBC for details: http://www.lbcbank.com.ph
ka edong
ka edong.
do you have a phone no from LBC Lucky plaza?
Sorry, cyber, I don’t have the number.
my mom sent me a card (lbc remittance) intended for withdrawals only last June but until now ur company was not able to give my mom my own pin that is why until she used to send my money through western union…i was so disaapointed because we’re three who used this before.
hi mirriam,
1.) I’m not connected with LBC
2.) LBC contacts in US: http://www.teamlbc.com/04abtct.html
Or visit the nearby LBC branch and inquire. Goodluck!
in a related story, may naka-sunod ako sa pila ng BPI ATM sa Cubao. She was using an LBC card. She says the remittance she receives through the LBC ATM Card comes from the US. It works for her. Hope it works someday for Mirriam too.
I guess ur mom has to follow it up with LBC in the US for ur PIN. I have been using my LBC ATM for the past 10 yrs.So, far having the bilis padala is convenient for me. =)
hi, I have an LBC ATM card but I forgot my pin since I havent use it for about 4 years. My Tita who gave me this ATM card passed away 2 years ago. Is there any other way I could withdraw the remaining balance of my account? I appreciate your help.
Best to ask LBC directly. http://www.lbcbank.com.ph/
Goodluck!
sal,
you can call LBC ATM, they will ask some info who is the sender and to whom…. and give your 6 digit card number for verification. you can coordinate sa person na nagopen ng ATM for you para matanong niya kung ano ang PIN number mo. Sayang naman kasi ang balance mo sa bank kung hindi mo makukuha. madali lang yun,,, promise Highly recommended do ang sistemang ito.
my husband just sent me 2thousand dollars. but i tried all megalink atm , nakita ko lang yung balance, but i cant withraw. i tried calling their hotline, wasnt able to get through. wala namang lbc bank sa dumaguete, and their websxite is down right now. i dont know what to do now. the lbc branch here, cant answer my question….can u guys help me? thanks
i tried to redraw from every atm in our place tagbilaran but it always say “transact to your own bank” or “link down”
pls do something about it need the cash my mom send for me.
jeremias,
pls contact LBC bank directly:
For inquires, please visit your nearest LBC Bank branches or call (02) 899-86-86 within Metro Manila and 1-800-1-888-86-86 toll free hotline from outside Metro Manila.
ako naman na debit ang 16000 pesos nung may 19. until now wla pa ding nacrecredit sa akin. pls nman pki ayos namn ang serbisyo nyo lbc.
Im using an LBC Debit card applied from USA by my Brother sent to me here in Manila. For just a matter of minute I can withdraw the money he sent thru megalink, expressnet and bancnet or can be used as cash when paying items bought at any stores that allows ATM. so far i never had a problem with it…its so convenient.
I have a question now: How can somebody in Australia made a deposit to my LBC Account via his VISA Card using internet fund transfer?
Hi addie,
Thanks for feedback.
That’s a great question/idea you have there!
And I don’t think there’s currently a solution the way you described it.
But I like how you’re thinking of solutions (australia to phils via Visa + LBC) … I’m sure there’ll be some solutions soon …
sorry to hear that, jeff. Sana ma-kuha mo na ang reimbursement mo.
walang kwenta yan bilis padala na yan baka lang bilis problema.ung pinadala ko sa mom ko na pera hindi pa rin na wwidraw kase wrong pin daw naka dalawang bagong pin na ko wala pa rin abala lang yan buti pa sa iba na lang..,
jedd from anaheim ca,
ask ko lang po sana bat yung atm card ko eh na temporarily nt connected to megalink? may balance pa naman ako…thank you
Hi! my aunt sent me door to door money transfer here in the Philippines from Maryland USA through online. But, I don’t know if she sent it to my new address because I just moved in my new apartmet. what do you think I should do? and is it really true that it is a one day processing?
my two centavos:
You’re aunt should have a tracking number or reference number, given to her when she sent the money.
Use this number to clarify your situation with LBC. Or your aunt may do the clarification, request for redirection to your new address.
http://www.lbcbank.com.ph/
ka edong
HARI NG PROBLEMA HINDI NGG PADALA..2 DAYS NA HINDI MAKUHAKUHA ANG PADALA NG MISTER KO AT FLAG DOWN …LAGI NALANG GANYAN..PATAY NA..ANG PAGGAGAMITAN NG PERA.KAILANGAN PA PUMUNTA NG MAYNILA?SA LAYO NG LUGAR NAMIN PAMASAHE ANG MAHAL..MABUTI PA SA IBA NALANG KAMI.
pnu ko ba ma wiwithdraw ung pera ko plagi lang snasabi pls. transact with your own bank,the line is down.. un lang karamihan nababasa ko..?
i just want to kow the swift code of my atm card coz my friend want to send me some funds
@ roselyn, the swift code is bank-specific (not card-specific). Ask your bank what their swift code is
My balance in my atm account was debited again. It always been the same old story…
hello. i reallly need your help. i have also an atm bilis padala card i cant withdraw the money that my uncle send me… can i ask question how to get the money. can you give some instruction i have my pin i try to get the money but i cant get it… panu ba kunin ang pera.?
ka edong?can i ask question? is that possible that everytime that your love ones send you money from abroad. always din nag chi- change ung password. ex. first padala nya ibang pin then 2nd tym iba na namang pin ung binigay nya. dba? 6 numbers lang ung pin db? i appreciate your reply.
Hi Mae,
Please contact your nearest LBC branch.
http://www.lbcbank.com.ph/
ka edong
dapat tangalin as teller yung mga inefficient para maganda ang takbo ng padala sa LBC, may mga suplado na akala mo sila ang may ari ng pera na pinadadala, listen to need of the shipper.
much better go to a known philippine banks remittance center, mas mura pa
i just sent a package to my daughter in Maryland from Phil. pero nagkamali ako ng address. instead of Owing Mills Maryland, nalagay ko Towson Maryland. Does anybody know kung saan branch ng Maryland ako pwede magemail to inform them. PLease help ASAP. Today ko lang kasi napadala. If possible please email me at dodiegonzales@yahoo.com PLEASE!!!!!
Hi Dodie,
Try contacting LBC directly:
For inquires, please visit your nearest LBC Bank branches or call (02) 899-86-86 within Metro Manila and 1-800-1-888-86-86 toll free hotline from outside Metro Manila.
ka edong
NOW I AM SO PISSED OFF.. STILL MY MONEY IS NOT YET CREDITED IN MY ACCOUNT .. SABI DUE TO MONTH END SYSTEM PROCESS!!! THAT SUCKS!!! SABIA FTER AN HOUR OK NA THEN WHEN I CALLED BACK , ANOTHER 2 HRS , THEN ANOTHER 2 PA .. OMG!! I NEEDED THE MONEY ASAP THATS WHY WE USED THIS ” BILIS PADALA” KUNO… AND EVEN THE PEOPLE WHO ARE ANSWERING THE PHONE WERE NOT EVEN APOLOGETIC TO THE SITUATION THEY WERE SARCASTIC AND THEY DONT HAVE OWNERSHIP .. POOR CUSTOMER SERVICE !!!!
Bakit laging may nadedebit sa atm bilis especially kapag di winidraw lahat ang padala. The next time na wiwidruhin na ng recipient di makalabaslabas ang pera. Kapag kailangan kailangan ng tao ang pera sa pilipinas di nya maavail ito. Kapag nag inquire naman sa pinanggalingan na LBC abroad di maviewview daw ang statement window. Bakit ganun. Ang pera kailangan kailangan ng recipient laluna pasukan. Wala rin bangko ang LBC sa Bacolod. Paano kaya yan. Tatlong araw na ang nakalipas since 23 May 2008 hanggang ngayon 26 May 2008. Hindi daw macheck ng LBC dito sa Brunei dahil hindi daw maview ang statement. Bakit? Kailan sya maview.
@Gina,
Sorry to hear that po. Sana po ma-solusyunan na ng lbc ang inyong concern.
Subukan niyo pong tawagan ang LBC: (02) 899-86-86 within Metro Manila and 1-800-1-888-86-86 toll free hotline from outside Metro Manila.
can i ask if do u have also a BRANCH IN SOUTH KOREA? My sister lives there and everytime she will send us money here in the phils. she has to pay a hundred bucks and when converted in Peso amounting to Php.1,000.00 bucks.sayang nmn ung bayad for the cable transfer sana meron para nmn mejo ma-lessen ung CHARGE sa MONEY TRANFER.Hope that i can have ur respond ASAP..THANK U SO MUCH.
Hi jhosa,
I don’t have that kind of information.
Suggest: Your sister can ask her Filipino friends in Korea kung aling remittance service and pinaka-maganda para sa kanila.
Try also some of the online remittance services featured on eOFW.Net:
Goodluck!
ka edong
ask lang po ako ng telephone number sa LBC bank cagayan de oro city. salamat po!
is there any branch of LBC bank at Kabankalan City, Negros Occidental? Thanks!
None.
Here’s LBC Bank’s list of branches:
http://www.lbcbank.com.ph/network.html
ka edong
what is the tel no of LBC Lucky Plaza Branch
ka edong my father send me atm card last 3yrs tapos nasira n ung atm ko sa sobrang tagal dun kc dumarating ung remmitance ko from US every month mapapalitan ko b ung atm ko dito s pinas ano b ang mga requirements para mapalitan ung card ko at san place ako puede pumunta pero sa akin nkapangalan ung card ko
hello, gusto ko sana malaman kung kailan ko makukuha yung pera ko sa atm…akala ko ba bilis padala?he send it yesterday sa atm card ko but i check it wala pa…
how do i know if the money sent to my aunt account was already on her atm card?
sir, good eve.my atm bilis pdala po aq 3 years ko na hndi na a update.kz ngkahiwalay n kmi ng bf ko.ang gusto ko lng po mlmn kung lht po ng mgppdla sa atm card ko eh mllmn po ba nya? since xa nag open pra saken?and lastly kung like any other atm card pwede magdeposite sa atm ko n dito lng din sa pinas for example gusto ko lng lagyan ng pera ung atm?or exclusive lng po xa sa lbas ng bansa pwede malgyan ng pera?kz gusto ko xa gmitin ulit.
i just recieve a refund and i dont why i recive it or for what resean
hi ask ko lng po if ung atm bilis padala po ba eeh pedeng makareceive ng remittance from phils too? pinadla kse sken ng tito ko nuon from singapore, and then mei mgbbgay sken ng pera, pede bang gmitin ko ito dito saten? i mean pede ba nila ako mpgpdlhan ng pera ng nandito lng din sila sa pinaS? or etong atm bilis padala is for international lng po and pedeng mgpadla?
Well, organic SEO is the way to do it because you won’t get banned by major search engine..::
Next Comments →
{ 4 trackbacks }