Bdo Money Remittance: Complete Guide to Sending and Receiving

Sending money to loved ones or business partners abroad can be a daunting task, but with BDO's money remittance services, it's made easy and convenient. BDO offers a wide range of remittance options.

You can send money to over 200 countries worldwide through BDO's extensive network of partner banks and money transfer operators. This includes countries in Asia, Europe, and the Americas.

The remittance process with BDO is straightforward and hassle-free. You can choose from various payment channels, including over-the-counter, online, and mobile banking.

BDO's remittance services also offer competitive exchange rates and low fees, making it a cost-effective option for your international transactions.

A fresh viewpoint: Remittance and Money Transfer

If you need to send money from abroad to the Philippines, BDO offers several options. You can send money as credit to a BDO peso or dollar account, sent as a remittance or wire. This way, the recipient can receive the money directly into their account.

To send money with BDO, you can choose from various methods. If you live near a BDO office, you can go in person to make the transfer. If you prefer to make the transfer by phone, you can call 1-800-472-3252 and follow the necessary steps. Alternatively, you can mail the remittance, but be sure to include a copy of your ID and put your name and address on the check if you're sending a personal check.

If the sender has a BDO account, they can also choose to send money for cash pick up or delivery. This can be arranged directly with BDO. You can also use a BDO Cash Card or a BDO Kabayan account with a debit card to receive money from abroad.

Here are the options to receive money from abroad with BDO:

Some BDO accounts can be used to receive international payments sent from another BDO account, or by someone using a third party bank and sending for deposit in PHP or USD. Your options may vary depending on the way the sender arranges the payment and the account you have with BDO.

You have several options to send money to the Philippines using BDO. One option is to use BDO itself, which charges fees ranging from $7 to $25, depending on the service and amount sent.

The fees for BDO's own remittance service vary depending on the amount sent, with lower fees for transfers below $700 and higher fees for transfers above $10,000.

You can also use a BDO remittance partner organization, which will process your transfer instead. These partners include banks like Wells Fargo and remittance services like Wise and Xoom, and their fees will be set by the partner, not by BDO.

Here's a breakdown of BDO's remittance fees and estimated times:

You have several transfer options when sending money to the Philippines using BDO. You can choose to make the transfer in person at a BDO office, by phone, or by mail.

One convenient option is to use a digital remittance partner like Remitly or WorldRemit, which can send money to BDO accounts quickly and at a lower cost than traditional banks. For example, WorldRemit ranked as the second-best service to the Philippines from October 2021 to October 2022.

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You can also use a BDO remittance partner like Wise, which offers instant money transfers and is a good option if you want to avoid the hassle of traditional banks. In fact, 45% of Wise's transfers are instant money transfers.

If you live in a country where Remitly or WorldRemit is unavailable, you can still use traditional players like Western Union and MoneyGram, which have worldwide branches accepted by BDO. However, be aware that legacy platforms are usually more expensive than online platforms.

Here are some specific transfer options and their estimated times:

Keep in mind that the times may vary depending on the exact type of remittance you've chosen.

Fees for sending money to the Philippines can vary depending on the service you choose. BDO remittance fees range from $7 to $40, depending on the service and the amount being sent.

If you're sending money to a BDO account in the Philippines, you can expect to pay between $7 and $25 for services like paying into a Kabayan Savings account or Kabayan Bills Beyond. These fees apply to transfers below $700.

Transfers above $10,000 will incur the highest fees, which can range from $7 to $25. You'll also need to consider any possible exchange rate markup when sending money.

The estimated time for receiving an international money transfer in BDO varies depending on the service. If the sender is arranging a payment to be deposited to your account from a third party bank, it can take 3-5 working days to arrive.

However, if the sender has a BDO account themselves and uses BDO to process the payment, delivery times can be faster. For example, BDO Remit to a Kabayan Savings account can be received within 24 hours.

Here's a breakdown of the estimated delivery times and fees for different services:

Digital remittance platforms offer a convenient and cost-effective way to send money to the Philippines. You can save on fees and exchange rates by using a digital money transfer specialist like Remitly or WorldRemit.

These platforms allow you to send money transfers, cash delivery, or cash pick-up to BDO locations in the Philippines from popular countries like the USA, Canada, and the UK. Remitly, for example, supports cash delivery and cash pick-up to BDO locations from over 50 countries.

WorldRemit is another popular option, which has been the second cheapest money transfer service to the Philippines on average from October 2021 to October 2022. It offers cash delivery and cash pick-up to BDO locations in the Philippines from 52 countries.

Here are some of the top digital remittance platforms for sending money to BDO in the Philippines:

By using a digital remittance platform, you can save time and money on your money transfers to the Philippines.

Digital remittance platforms have revolutionized the way we send money abroad, making it faster, cheaper, and more convenient. Remitly, for example, has been the number one cheapest money transfer service to the Philippines on Monito's comparison engine from October 2021 to October 2022.

WorldRemit, on the other hand, has been the second cheapest money transfer service to the Philippines during the same period, with a strong focus on keeping costs low for remittances to the Philippines. It supports cash delivery and cash pick-up to BDO locations in the Philippines from 52 countries.

Remitly supports cash delivery and cash pick-up to BDO locations in the Philippines from popular countries like the USA, Canada, UK, Germany, Australia, Singapore, Italy, and the Netherlands. Wise, a UK-based remittance platform, does not support cash delivery and cash pick-up to BDO locations in the Philippines.

To get started with a digital remittance platform like Remitly or WorldRemit, you'll need to sign up for an account, which is quick, easy, and free. You can then choose your delivery method, enter your beneficiary's information, and confirm your transfer.

Here are the top 6 cheapest online BDO remittance partners that can send you money transfers, cash delivery, or cash pick-up to BDO:

Note that Wise and Bank are not included in this list as they do not support cash delivery and cash pick-up to BDO locations in the Philippines.

Legacy platforms like Western Union and MoneyGram are still viable options for sending remittances to the Philippines, especially if you live in a country where online platforms like Remitly or WorldRemit are unavailable.

They have a worldwide presence, with many branches that are accepted by BDO, making it easier to send and receive money.

These legacy platforms are often more expensive than digital remittance platforms, but they may offer decent exchange rates in certain situations.

It's essential to compare money transfer providers to ensure you're getting a good deal, as exchange rates can vary greatly between providers.

If you're considering using a legacy platform, be sure to compare their rates with those of digital remittance platforms like Remitly or WorldRemit to find the best option for your needs.

In some cases, legacy platforms may still offer competitive exchange rates, especially if you're sending a large amount of money or need to transfer funds quickly.

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GCash is a leading digital remittance platform in the Philippines, with over 50 million registered users. It's a popular choice for sending and receiving money online.

GCash offers a wide range of services, including bill payments, mobile top-ups, and online shopping. Users can also buy load, pay bills, and shop online using the GCash app.

The GCash app is available for both iOS and Android devices, making it easy to access and use on the go. It's a user-friendly platform that allows for seamless transactions.

GCash has partnered with various banks and financial institutions to offer a wide range of financial services. This includes deposit accounts, loans, and insurance products.

GCash also offers a rewards program, GCash Rewards, which allows users to earn points for every transaction made using the GCash app. These points can be redeemed for rewards such as discounts, freebies, and cashback.

GCash has implemented various security measures to ensure the safety and security of its users' transactions. This includes encryption, two-factor authentication, and a secure payment gateway.

GCash has a wide range of payment channels, including online banking, credit and debit card payments, and over-the-counter (OTC) cash deposits. This makes it easy for users to load their GCash wallets and make transactions.

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Using GCash is a breeze, and I'm here to guide you through it. You can send money from BDO to GCash, but first, you need to have a GCash account. To sign up, simply download the GCash app, fill out the registration form, and verify your account through the app's verification process.

GCash offers various services, including sending money, paying bills, and buying load. You can send money to anyone with a GCash account, and the recipient can receive the funds instantly. To send money, go to the GCash app, select the "Send Money" option, and enter the recipient's mobile number and the amount you want to send.

The GCash app is user-friendly and allows you to manage your account, check your balance, and view your transaction history. You can also use GCash to pay bills, such as electricity, water, and phone bills. The app will guide you through the payment process, and you can even set up recurring payments for regular bills.

GCash has partnered with various merchants, allowing you to buy load, pay for online purchases, and even buy insurance. You can also use GCash to buy tickets for events, concerts, and movies. The app's payment system is secure, and your transaction history is easily accessible.

GCash offers competitive exchange rates, and you can even earn rewards and cashback on your transactions. The app also has a feature that allows you to freeze your account if you lose your phone or if it's stolen.

You can send remittances to the Philippines through BDO, with over 1,100 branches across the country. BDO has a presence in all regions, making it easy to find a branch near you.

To send a remittance, you'll need to know the maximum limit, which is PHP 50,000 or USD 2,999 within 24 hours. You can also send up to USD 10,000 within 30 days or USD 18,000 within 180 days.

If you're sending a large amount, you can send up to USD 1,500 per day, which is a good option if you need to send a lot of money quickly.

To receive a remittance, you'll need to have a BDO savings account or a BDO Kabayan Savings Account, which can receive payments from overseas instantly.

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If you're looking to send money to BDO in the Philippines, you have several options to choose from. There are 10 services that can help you with this, including Remitly, WorldRemit, and Western Union.

Remitly, WorldRemit, and other digital money transfer specialists can save you money on fees and exchange rates compared to traditional providers. You can sign up for these services quickly and easily, and transfers can be made in a matter of hours or even minutes.

If you're looking for the cheapest online options, Remitly, WorldRemit, and other services can help. Let's take a look at the top 8 services to send remittances to BDO in the Philippines.

Here are the top 8 services to send remittances to BDO in the Philippines:

Keep in mind that some of these services may require you to scroll down to view more information.

You can select the type of transfer you want to make, which includes options such as crediting a BDO account, crediting a non-BDO account, paying a bill, or sending cash.

The transfer time will vary depending on the type of transfer and the sender's arrangement. You can receive money as credit to your BDO peso or dollar account, sent as a remittance or wire, which is likely to be pretty high.

BDO receiving limits depend on the account type you have and how your sender arranges the payment. For example, if they're sending a wire, the limits are likely to be pretty high, but for cash pick up you may not be able to receive so much in a single transaction.

Here are some general BDO receiving options:

If you're planning to send money to the Philippines through BDO, you'll want to know how long it'll take to arrive. A cash pickup can be ready within an hour, which is incredibly fast.

The time it takes for a remittance to reach your recipient's account varies depending on the type of remittance chosen. Credit into a BDO account should be there within 24 hours, while SSS contribution payments can take 3-5 days.

If the sender is arranging a payment to be deposited to your account from a third party bank via SWIFT, it'll take 3-5 working days to arrive in your BDO account.

Here's a breakdown of the delivery options for payments processed through BDO in the US and delivered to BDO in the Philippines:

To receive a remittance from abroad, you'll need to give the sender your full name, BDO account number, the address of your bank branch (if required), and the correct BDO SWIFT code.

BDO's receiving limits vary depending on the account type and how the sender arranges the payment.

For cash pick up, you may not be able to receive so much in a single transaction.

Check your account terms and conditions for more details on the BDO receive money limit.

The maximum remittance limit for BDO is a minimum of 100 PHP and a maximum of 50,000 PHP.

You can receive up to USD 2,999 within 24 hours, USD 10,000 within 30 days, and USD 18,000 within 180 days.

You can send money to the Philippines using various services, including BDO. With BDO, you can credit a BDO account, credit a non-BDO account, pay a bill, or send cash to be collected or delivered to the recipient's door.

To send money from Maya to BDO, you'll need to log in to your Maya account, select BDO Unibank (BDO) from the list, and key in the amount you want to transfer. You'll also need to type the recipient's account number and name.

BDO emphasizes that you can pay into a BDO Kabayan Savings Account, which may be a convenient option for some. The fees for these services vary, as shown in the table above.

If you're sending money from abroad, you can receive it as credit to your BDO peso or dollar account, sent as a remittance or wire. Alternatively, you can receive money for cash pick up or delivery if your sender is also a BDO customer and arranges the payment with BDO.

To make a BDO money remittance, you have several payment methods to choose from.

You can go to the BDO office in Daly City, California, which is a good option if you live nearby.

Alternatively, you can make the remittance by phone by calling 1-800-472-3252, but you'll need to already have a BDO remittance account.

If you prefer, you can also mail the remittance, but you'll need to print out a form and include a copy of your ID if you're sending a personal check.

The type of transfer you want to make will also determine your payment options. You can choose to credit a BDO account, credit a non-BDO account, pay a bill, or send cash either to be collected or to go straight to the recipient's door.

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BDO particularly emphasizes that you can pay into a BDO Kabayan Savings Account.

You'll need to select the type of transfer you want to make on the form, and the fees will vary depending on the service you choose.

Here are the payment options you can choose from: