Today I thought I’d share my experiences with this method of sending money from US to the Philippines. I work for an online merchant and have to channel my earnings to a U.S. bank account so I can get it in cash (as against converting it to an Amazon gift certificate balance). I do it through my mom’s friend who lives in California and until yesterday, he sends me the money through Western Union online. We didn’t have problems with WU’s services. Money gets sent in minutes and only one valid ID is need to claim the money. Plus we can withdraw it in any one of the tons of WU branches here in Baguio. On Session Road alone, I think I saw two or three agent locations.
The other day, my mom’s friend’s wife suggested to use the LBC ATM Bilis Padala service, which she uses herself to send money to relatives who live here in the Philippines. What had to be done was to go to the nearest US LBC branch and apply for an LBC ATM card which will be sent to the Philippine recipient through mail in 3 days. The recipient can then use that card to withdraw the money sent to them in any ATM. According to one of the feedbacks I’ve read, the recipient got the card two days after the application abroad, which is what I am holding to right now, for the sake of my sanity.
It is a cheaper way to send money, compared to Western Union, and after the initial wait of 3 days (hopefully) to receive my money, 15 seconds is all it takes for my money to be credited to the LBC card account for the succeeding transactions (again, I hope). It requires no maintaining balance, which is great because you avoid the fees resulting from low average monthly balance that is characteristic of most other cards. You can also use it to pay for purchases at retail outlets like Makro, for a minimal fee of P2.50 per transaction.
Please NOTE that I am in no way affiliated with LBC. What I say here is based on what I saw on the site. In fact, please expect me to bitch about their poor services when after three days I have not received the card. But to be fair, if I DO receive the card in time (or earlier (I can only hope for), I will be writing about that, too. So check back in a couple of days.
Meanwhile, lemme hear your own experiences about it. Good or bad, I can take it. I’m a big girl now. What matters is everyone gets to know what quality of services to expect from this LBC ATM Bilis Padala. I’m looking forward to your opinions.
UPDATE:
It is a couple of days later, and what do you know. I received the card on time. So I can safely say that LBC lives up to their promise of sending it in three days. Now, withdrawing is another matter. I heard some people had difficulty in withdrawing in bank ATMs other than BPI, but those comments were made a couple of years ago, so we’ll see. Tomorrow we will try to withdraw the money from an ATM. Will let you know how it goes.
ANOTHER UPDATE:
We went to withdraw it today at a BPI ATM because it was the first machine we saw. There was no service charge, which is great. But the max amount per withdrawal is P4,000 so I had to withdraw a couple of times, and you can only withdraw a total of P50,000 a day. Other than that, it went smoothly (thank God). You can also max out your card’s balance, since there is no minimum maintaining balance. So there. I hope to receive another remittance through it on Monday (note the word I HOPE), so I will let you know if it arrived as soon as it was remitted, and if it can be used at another ATM other than BPI.
51 Responses
the closest experience I had with regards to LBC is the time when I shipped something for this cute girl name svet :question2:
hehe
aside formt hat I am so pissed off sa commercial nila..
Spell remittance? LBC? :cry2:
Make or Break
o? anu napadala mo ke svet? inggit ako ako rin magpapadala. haha
onga mali tinuturo nila sa mga bata. hmp
ahahaha oo nga, nakakasira sa mga batang nanonood 😀
Kaya nga pinatanggal as commercial, diba? 😀
so true, ang commercial more nman daw hahaha, natawa ako dito. 🙂
hehe. adik pehpot :devil:
i second the motion. LOL
i third the motion 😀
Ako, walang masabi. LOL. Di po kasi kami close eh. LOL
sorry hindi ko alam and LBC padala wink*
I added you na. Thanks so much. Happy Monday and enjoy your week ahead. Love you blog design by the way.
ako love ko din. hihi. hindi ka taga-philippines carlota?
Lahat naman kasi siguro sa PH alam ang LBC, diba? 😀
Grab you banner too. You can see it here http://www.myweb-blog.com/2009/01/your-banner-here.html
I’m the guy who asked for a demonoid invitation.
thanks, and you’ve been linked!
p.s. link me up too!
🙂
wow. o di ba. me bumalik to say thanks!
hahaha isa lang ata ang bumalik at nag thank you hahaha
Humirit po talaga for a demonoid code oh. 😀
let me know how it goes…i still haven’t figured out how to send “starbucks” love pocket money for my dad back home
aww.. you’re such a sweet daughter!
everybody is a sweet daughter naman ata ehehehe
Sweet, kind and generous! 🙂
I never had any experiences sending money through LBC ATM Bilis Padala to my friends in the Philippines or anywhere in the world. But I think it is a good idea of sending money through LBC. I will try their services one of this days. Great post!
you should! i like LBC too e. fast and convenient. plus reasonable rates.
ako like ko din ang LBC, hari ng padala talaga 🙂
I haven’t tried availing of LBC Padala 🙂
4,000 several times. wow yaman!
i’m contemplating on the LBC for daddy. The BDO card didn’t get accepted when I tried to put it in paypal. it says contact customer service. =(
aww.. hirap talaga pag ibang card other than EON e.
Ang daming advantages ng EON! Ako, kakuha ko lang ng card ko 😀
yaman talaga nya infairness 😀
I tried sending money through LBC and kelangan may ID ung tatanggap diba? tapos pag di nasend, ibabalik sa branch kung san galing. hehe. just make sure u have the right address and name para di hassle. hehe. shongak kase ung address ng pinadalhan ko eh. haha.
haha! un lng 😛
For security purposes. Tight security. Hehehe 😀
I have credits on my Mturk account, any help so that I can withdraw it? I’m from Quezon City.
The only way you can withdraw your earnings right now is through someone you know in the U.S. who has a bank account there. I’m sorry but mTurk has not yet integrated within their system a way to withdraw directly to the Philippines.
what’s mturk again?? LOL. wlang alam e. sori.
parang scam na sila now? patay na ata tong mturk eh ahaha
Mturk? Parang okay pa ata kasi yun sabi ni bossing ko eh. He once asked me to access the site pero nalipat yung project so di ko na nacheck 🙂
i only have P250 in my account ryte now cuz I maxed it out 2 months ago before I went for vacation.Will my mom still be able to send me money or is my card invalid already becuz itz less than P1,000? oh n 1 more thing, I’m here at baguio but I made that account at dagupan city. will I be able to deposit money at the lbc center here at baguio or I have to go where I originally opened my account which is at dagupan?
i think based on the article, you can only send money to the card if you’re in the US. di ba kaye? hoy kaye sagot! hahahaha
wlang LBC ATM Bilis padala dito only in Bangkok kaya Western din gamit namin
sana meron na din marce no? mahal western e. 🙁
mahal nga ng western:( siguro try natin money gram noh?
is this before the paypal came handy?
oo nga. tell us kaye!
hmmmm wala akong masabi as of now dahil galit ako sa lbc
nyay. bad experience?
oo may bad experience talaga ako 🙁 pero okay na ngayon 😀
UY LBC padala? ayus yan ah…ako kasi sa XOOM…$8 charge maliit malaki 😛
Mura na ba yung $8? Hehehe 😀
“hari ng Padala!”
will they pay me for this?! LMFAO