Guide on How To Send Money Abroad via LBC Express Money Transfer Service
HOW TO SEND MONEY ABROAD THROUGH LBC – Here is a guide on the steps for international money transfer service via LBC Express.
Nowadays, the easier process do not only include sending money to the Philippines but as well as sending money abroad from the Philippines. It is because of the international money transfer services offered by some entities including the LBC Express.
The LBC Express which has over 1,500 branches nationwide is one of the money transfer service providers that have gained the trust of millions of Filipinos. In fact, it does not only offer money transfer service but as well as cargo shipping.
The LBC rates 2023 list is filled with different fees for cargo shipping and money transfer services. Aside from the affordable service rates, LBC Express also offers easy processes for transactions. These include the process on how to send money abroad through LBC Express money transfer.
How to send money abroad via LBC Express? Here are the easy steps for money transfer:
Step 1 — Prepare the amount that you will send to someone abroad. Bring at least one (1) valid ID as a proof of identity in making the transaction.
Step 2 — Get a copy of the Sender’s Form and accomplish the needed information. Indicate your ID type, ID number and the card’s expiration date, date of birth, nationality, nature of work, complete address, source of income, employer, relationship to the receiver, and the purpose of sending money abroad. Make sure you provide accurate and true answers in the form.
Step 3 — Submit the form, your valid ID, and the amount to be sent abroad to the LBC associate. He/She will compute the expected amount based on the daily exchange rate of the destination country multiplied by the Amount to Send in Pesos.
With regards to the money transfer service charge, it may vary. For domestic money transfers, here are the service charges:
| PRINCIPAL AMOUNT | INSTANT PESO PADALA | REMIT TO ACCOUNT | DOOR-TO-DOOR MONEY DELIVERY (PESOPAK) |
| 100 | P3 | P100 | P35 |
| 101-200 | P6 | P37 | |
| 201-300 | P9 | P52 | |
| 301-400 | P12 | P54 | |
| 401-500 | P15 | P59 | |
| 501-600 | P18 | P71 | |
| 601-700 | P21 | P76 | |
| 701-800 | P24 | P80 | |
| 801-900 | P27 | ||
| 901-1000 | P30 | ||
| 1001-1500 | P45 | ||
| 1501-2000 | P60 | P120 | P119 |
| 2001-2500 | P75 | P140 | |
| 2501-3000 | P90 | P179 | |
| 3001-4000 | P120 | P200 | |
| 4001-15000 | P125 | P150 | P260 |
Step 4 — Pay the corresponding fee and get your receipt. Make sure to count your change before leaving the LBC Express branch.
Step 5 — Send the transaction number to the recipient of the money sent so they can claim the money.
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