rsm

International remittance via LBC ATM

September 22nd, 2005 | by ka edong |

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):

ka edong
hari ng paalala

Popularity: 11%

rsm

    Related Articles on Technobiography:
  • Smart Money in Singapore
  • International mobile services
  • Spreadsheet Wiki
  • ATM remittance via LBC
  • m-Remittance: London to Philippines
    		•

    1. 46 Responses to “International remittance via LBC ATM”

    2. By ric Pan on May 8, 2006 | Reply

      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

      [Reply to this comment]

    3. By ka edong on May 8, 2006 | Reply

      hi ric pan,

      i don’t think so. You can try contacting LBC for details: http://www.lbcbank.com.ph

      ka edong

      [Reply to this comment]

    4. By cyber on Jul 12, 2006 | Reply

      ka edong.
      do you have a phone no from LBC Lucky plaza?

      [Reply to this comment]

    5. By ka edong on Jul 12, 2006 | Reply

      Sorry, cyber, I don’t have the number.

      [Reply to this comment]

    6. By mirriam taberna on Sep 5, 2006 | Reply

      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.

      [Reply to this comment]

    7. By ka edong on Sep 5, 2006 | Reply

      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!

      [Reply to this comment]

    8. By ka edong on Sep 5, 2006 | Reply

      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.

      [Reply to this comment]

    9. By FragileHearT on Oct 10, 2006 | Reply

      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. =)

      [Reply to this comment]

    10. By sal on Jan 6, 2007 | Reply

      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.

      [Reply to this comment]

    11. By ka edong on Jan 6, 2007 | Reply

      Best to ask LBC directly. http://www.lbcbank.com.ph/
      Goodluck!

      [Reply to this comment]

    12. By Pinky on Mar 24, 2007 | Reply

      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.

      [Reply to this comment]

    13. By irene on Apr 1, 2007 | Reply

      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

      [Reply to this comment]

    14. By jeremias loresca on Apr 20, 2007 | Reply

      i tried to redraw from every atm in our place tagbilaran but it always say “transact to your own bank” or “link down”

      [Reply to this comment]

    15. By jeremias loresca on Apr 20, 2007 | Reply

      pls do something about it need the cash my mom send for me.

      [Reply to this comment]

    16. By ka edong on Apr 22, 2007 | Reply

      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.

      [Reply to this comment]

    17. By jeff on May 23, 2007 | Reply

      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.

      [Reply to this comment]

    18. By Addie on May 23, 2007 | Reply

      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?

      [Reply to this comment]

    19. By ka edong on May 24, 2007 | Reply

      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 …

      [Reply to this comment]

    20. By ka edong on May 24, 2007 | Reply

      sorry to hear that, jeff. Sana ma-kuha mo na ang reimbursement mo.

      [Reply to this comment]

    21. By jedd on Jun 11, 2007 | Reply

      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,

      [Reply to this comment]

    22. By venus on Aug 23, 2007 | Reply

      ask ko lang po sana bat yung atm card ko eh na temporarily nt connected to megalink? may balance pa naman ako…thank you

      [Reply to this comment]

    23. By amber on Sep 5, 2007 | Reply

      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?

      [Reply to this comment]

    24. By ka edong on Sep 6, 2007 | Reply

      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

      [Reply to this comment]

    25. By LITA NIERRA on Sep 20, 2007 | Reply

      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.

      [Reply to this comment]

    26. By homer on Sep 21, 2007 | Reply

      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..?

      [Reply to this comment]

    27. By roselyn supat on Sep 24, 2007 | Reply

      i just want to kow the swift code of my atm card coz my friend want to send me some funds

      [Reply to this comment]

    28. By ka edong on Sep 25, 2007 | Reply

      @ roselyn, the swift code is bank-specific (not card-specific). Ask your bank what their swift code is

      [Reply to this comment]

    29. By grace on Sep 27, 2007 | Reply

      My balance in my atm account was debited again. It always been the same old story…

      [Reply to this comment]

    30. By mae on Oct 22, 2007 | Reply

      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.?

      [Reply to this comment]

    31. By mae on Oct 22, 2007 | Reply

      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.

      [Reply to this comment]

    32. By ka edong on Oct 22, 2007 | Reply

      Hi Mae,
      Please contact your nearest LBC branch.
      http://www.lbcbank.com.ph/
      ka edong

      [Reply to this comment]

    33. By romero gil on Mar 18, 2008 | Reply

      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

      [Reply to this comment]

    34. By Dodie on Mar 25, 2008 | Reply

      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!!!!!

      [Reply to this comment]

    35. By ka edong on Mar 25, 2008 | Reply

      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

      [Reply to this comment]

    36. By Jasmin on Apr 1, 2008 | Reply

      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 !!!!

      [Reply to this comment]

    37. By Gina H. Mallari on May 26, 2008 | Reply

      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.

      [Reply to this comment]

    38. By ka edong on May 26, 2008 | Reply

      @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.

      [Reply to this comment]

    39. By jhosa on Jun 1, 2008 | Reply

      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.

      [Reply to this comment]

    40. By ka edong on Jun 1, 2008 | Reply

      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

      [Reply to this comment]

    41. By faye on Jun 2, 2008 | Reply

      ask lang po ako ng telephone number sa LBC bank cagayan de oro city. salamat po!

      [Reply to this comment]

    42. By amber on Jun 3, 2008 | Reply

      is there any branch of LBC bank at Kabankalan City, Negros Occidental? Thanks!

      [Reply to this comment]

    43. By ka edong on Jun 3, 2008 | Reply

      None.
      Here’s LBC Bank’s list of branches:
      http://www.lbcbank.com.ph/network.html

      ka edong

      [Reply to this comment]

    1. 4 Trackback(s)

    2. Jan 20, 2006: eOFW » Blog Archive » International Remittance via LBC Bank
    3. Feb 28, 2008: MoneyGram Internet Money Transfers | eOFW
    4. May 30, 2008: Check Your SSS Contribution with SSS Online System | eOFW
    5. Jun 24, 2008: Technobiography’s Most Popular Posts | Technobiography

    Post a Comment



    Subscribe without commenting