If you want to send money to someone in the Philippines then you may want to consider using LBC as a money transfer. The reason is that, the company has been operating for many years now in the country and they have proven their trust and reliability.
Many Filipinos are already using LBC to send and receive money. Parents do often use LBC to send money to their children particularly their children who are already at their college levels and studying far away from their home.
However, LBC is not the only money transfer company that is operating in the Philippines. There are now many other companies that emerged offering the same type of services to the Filipino people. To name a few, we have Western Union, M Lhuillier, Cebuana, Palawan Express, and etc…
All money transfers in the Philippines seem to provide an excellent quality of their services. The only difference is their transaction rates and charges. Thus, before using any of the money transfer services, it is advisable to make comparison to their transaction fees.
You have to know that there are money transfer services that offers cheaper amount of rates than others. It all actually depends on your location. So it is all up to you to make the necessary comparison.
Other money transfer companies and their rates are covered on separate posts. This post only covers LBC Pera Padala rates and charges which are listed below:
As you can see on the table above, the minimum amount that you can send is worth 100 pesos while the maximum amount is 5,000 pesos. Thus, if the amount of money that you are planning to send is way above 5,000 pesos then you may want to consider using other money transfer services that allows such amount.
The common term for money transfer services in the Philippines is called “cash-to-cash” pick up. But when it comes to LBC, they much prefer to call their money transfer service as “Instant Peso Padala” due to the reason that they offer real-time money remittance.
So if you used LBC to send money to your beloved family, they can immediately receive or claim the money from their respective nearest LBC branch office. Currently, there are now more than 2,000 LBC branch offices that are operating nationwide (Metro Manila, Luzon, Visayas, and Mindanao).
Take note: Before the receiver can claim or receive the money, the sender must provide the receiver the tracking number which will be asked by the agent or required to be filled on the receiver’s form. The tracking number can be found at the sender’s receipt.
Aside from the tracking number, the agent will also ask for a valid ID to verify the identity of the receiver. You can check my post that covered the list of acceptable valid IDs in the Philippines.
Moreover, LBC’s transaction rates or charges covered on this post may change without notice. Anyway, if I become aware about such changes then I will make the necessary updates.
Many Filipinos are already using LBC to send and receive money. Parents do often use LBC to send money to their children particularly their children who are already at their college levels and studying far away from their home.
However, LBC is not the only money transfer company that is operating in the Philippines. There are now many other companies that emerged offering the same type of services to the Filipino people. To name a few, we have Western Union, M Lhuillier, Cebuana, Palawan Express, and etc…
All money transfers in the Philippines seem to provide an excellent quality of their services. The only difference is their transaction rates and charges. Thus, before using any of the money transfer services, it is advisable to make comparison to their transaction fees.
You have to know that there are money transfer services that offers cheaper amount of rates than others. It all actually depends on your location. So it is all up to you to make the necessary comparison.
Other money transfer companies and their rates are covered on separate posts. This post only covers LBC Pera Padala rates and charges which are listed below:
As you can see on the table above, the minimum amount that you can send is worth 100 pesos while the maximum amount is 5,000 pesos. Thus, if the amount of money that you are planning to send is way above 5,000 pesos then you may want to consider using other money transfer services that allows such amount.
The common term for money transfer services in the Philippines is called “cash-to-cash” pick up. But when it comes to LBC, they much prefer to call their money transfer service as “Instant Peso Padala” due to the reason that they offer real-time money remittance.
So if you used LBC to send money to your beloved family, they can immediately receive or claim the money from their respective nearest LBC branch office. Currently, there are now more than 2,000 LBC branch offices that are operating nationwide (Metro Manila, Luzon, Visayas, and Mindanao).
Take note: Before the receiver can claim or receive the money, the sender must provide the receiver the tracking number which will be asked by the agent or required to be filled on the receiver’s form. The tracking number can be found at the sender’s receipt.
Aside from the tracking number, the agent will also ask for a valid ID to verify the identity of the receiver. You can check my post that covered the list of acceptable valid IDs in the Philippines.
Moreover, LBC’s transaction rates or charges covered on this post may change without notice. Anyway, if I become aware about such changes then I will make the necessary updates.
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