Services
Photo credit: World News
Philippine's fastest and most efficient means of delivering remittances to beneficiaries, particularly from overseas Filipino migrants, AllsafeXP offers Express Padala Services via Bank to Bank and Door to Door cash delivery.
Bank to Bank
If the beneficiary maintains an account with Banco de Oro, the remittance can be credited within 24 hours from receipt of the payment instruction.
- Required initial deposit is only P50.
- Auto-closure and maintaining balance requirement is waived.
- Crediting to allottee account from Express Padala Centre is free of charge at the branch level.
If the beneficiary sends a remittance for credit to other banks, the amount will be sent to the head office of the said bank within 24 hours, from receipt of the payment instruction.
- From the Express Padala Centre, Banco de Oro Bank no longer has any control of the actual time and the amount that will be credited to the beneficiary's account in the other bank.
- Thus, it is recommended that remitters encourage their beneficiaries to open an account with Banco de Oro Bank to enjoy the benefits mentioned above
- In some instances where BDO has an arrangement with other remittance correspondents and foreign desk offices, BDO delivers remittance at a committed amount.
Please see detailed list of Banco de Oro branches near you.
Door-to-Door
Cash Delivery Covers inward remittances delivered and payable in cash to a specific person. Remittance details must include the beneficiary's:
- Exact house number
- Street district
- Town/ Municipality/ City/ Name
- Contact number
Cash is given only to the specified beneficiary, in this case, is recommended that at least two (2) beneficiaries be named.
NOTE: Valid identification will be required before the messenger can give the cash.
Advise and Pay
- Remittance is forwarded to the BDO branch nearest to the beneficiary's address or as specified on the payment instruction.
- The money may be claimed at the branch within 24 hours from the time said instruction is received.
- Beneficiary receives a notice from Express Padala Centre containing details of the remittance and the BDO branch from which the funds may be claimed.
- Beneficiary claims the funds over the counter, and is required to present at least two valid identification cards ("IDs").
Should you have any questions pertaining to the above services, please see the FAQ section.
Refer to Banco de Oro website for Door-to-door area availability.