Looking to send cash via LBC money transfer?
Here is our family's quick guide on how to do that but first let us
remind you that this is based from our own family experience. We have been sending and receiving money to places via domestic money remittance service thru LBC money transfer and how it works may be different to the day you read this post. But rest assured that we will update this page as necessary to accommodate your need for help.
We've been a client for more than 5 years now and we are regularly sending cash to our relatives in Aklan for support since.
Today, me and my wife just went to a branch in SM San Lazaro mall.
This is an actual experience and if you find it very easy to accomplish, it's because it really is.
You can also compare the rates, fees and charges based from a table of cost for sending money in domestic option only. We have listed those rates below for information purposes only. Let us remind you that rates are all subject to change anytime without prior notice.
We found it not so much with the competition with Western Union rates or Palawan Express pera padala or Cebuana Lhuilier money transfer rates. No! LBC is nowhere near cheap options nor rates. They have one of the most expensive charges for a domestic money transfer and if you were just given a choice, I'd rather refer you to Palawan Express. They have the cheapest possible in the Philippines today for domestic cash transfer today.
Please note again that this is based from our own experience. We are used to receiving money from Western Union with respect to international service but locally, we prefer what we've said above. WU has lowered their rates for domestic sending of cash but it is nowhere near our family's regular provider. LBC Hari ng Padala on the other hand has only done good in changing a lifetime stable and well known company logo but the service and the rates didn't change much to compete in the local market for domestic money remittance.
Rates and charges for sending money will greatly depend on the type of sending which is either domestic or international. If domestic, the destination will also play a big role in determining how much fees will be collected by the authorized stores and (padala) remittance centers.
We will try to list down all the possible locations from where your remittance will come from to where the destination is but rest assured that we will have it all listed based from the online calculator that the official LBC Hari ng Padala website has based from the based figure to send - how much fees / charges to pay. Discrepancies will vary so be sure to ask a nearby LBC money transfer branch if you are having problems with knowing how much to spend for sending money.
To help you be wise, here is a comparison list as taken from the old LBC website to the new where you can actually input any amount you would like or is looking forward to send to your loved ones.
This will help you become wise and see practical reasons why you need to maximize or minimize the amount of money to send or receive anywhere you may be within Metro Manila area. Manila to province and province to Manila will definitely give a different fee.
Be sure to input the right figures in the box. To opt in for LBC tracking, use the website by visiting lbcexpress.com or teamlbc.com.ph. I wonder how the Philippine government do a control and audit of the money being sent and received from outside of the country or locally. For one, I believe the limit would be is for abroad is $10,000 USD. Nor sure with other currencies.
2011 Charges and Rates
2014 Charges and Rates
The dramatic change may be easy to decipher but be sure to look twice for a catch fee. Notice that from 500, 1000, 1500 and every 500 peso increase in your money to send or receive, there is a big discount. It's like availing of a promo rate when you know and notice this so consider sending the right amount next time if you opt in for LBC money transfer. You save 4 pesos - 30 pesos each time.
Tracking your money remittance is very important and in the money remittance business in the Philippines, it is a must to provide a quick guide to customers and make it an easy and stress-free experience for Pinoys. That is because you need to know where it is at a given time and if you want to do that, you will have to have an account with LBC. You can sign up for one at the official website and sadly, you can only do that if you have internet access via online. It's easy this way anyway and you can just rent a PC when you need one in internet cafe.
How to track that package or money remittance is simple. Here are a few tips and guides for that matter. You may also opt in for a door to door delivery for an extra payment. Ask the nearest branch near you.
To track your domestic shipments, key in your Tracking Number then click TRACK by visiting this website URL - http://corpsrv.teamlbc.com.ph/lbcexpress/finance_remittance.asp and click on TRACKER at the upper right hand corner where you can also see RATES and ZONES.
Not so sure if it is a wise move to change to official logo of LBC money transfer Pera Padala after the biggest setback that happened a couple of years ago when their rival Western Union, Palawan Express Pera Padala, M Lhuilier and Cebuana Lhuilier is establishing their name in the money transfer business arena. It might have been a wise business decision but for me, the established name is with the old logo.
It has been embedded in the minds of FIlipinos especially now that they have new and cheaper rates and charges for their air cargo, courier package and money transfer services.
For cargo services both domestic and international, you can always check this page.
When you go to any of the authorized stores and remittance centers of LBC, you'll find out that you don't really need so much of the guide in order to send money via LBC money transfer to and from anywhere in the Philippines. Like my wife, Ana and me, we are regularly sending money to Aklan on a monthly basis and I would just like to share this simple experience so that those who might be looking for information on how to send money via LBC might be able to learn it.