Send money from Canada to a PNB account in the Phillipines

Philippine National Bank

Philippine National Bank (PNB) is the fourth largest privately-owned commercial bank in the Philippines. PNB has worked on its agricultural modernization program for its agricultural exports in order to promote economic development and continues to support many other initiatives. Domestically, PNB has 716 branches, and 1,500 ATM’s, as well as 71 overseas branches. In 2020, PNB was awarded ‘Best Managed Bank’ and ‘Best CEO’ by The Asian Banker.

Exchange rate:

Our transfer fee

From 0.00 CAD

Estimated delivery

N/A*

How to Send Money to the Philippines with PNB

Sending money to PNB accounts in the Philippines is easy with Remitbee. It just takes six easy steps.

  • Sign up for a Remitbee Account. It only takes a few minutes and gives you access to a private Remitbee Wallet and a secure account in our system.
  • You will be asked for your personal information such as full name, address and occupation. Then, follow the instructions to verify your email and phone number.
  • Tell us your preferred receiving method. We need the bank details for the recipient account, including bank name and account number. You can also designate whether the recipient is picking up the money or if it is going straight into their account.
  • Go through the CAD to PHP rate. Once the exchange rate for CAD to PHP is satisfactory, enter the amount you wish to send, select your payment method and confirm your transfer. The conversion rates are adjusted daily, but the fees for each payment method are fixed and permanent.
  • You’re all good! We’ll send your money and you can keep track of it on the Remitbee app. See the status and watch the progress as it arrives in the Philippines.
  • Our job is to help provide a service fit for a hero. Anyone who sends money online to the Philippines to support their family deserves the best service for their efforts!

What are the benefits of sending directly to PNB?

There are many benefits to sending directly to PNB with Remitbee. Here’s a quick overview:

  • More secure than sending money offline
  • It’s faster
  • Stay safe and sound at home as you send money to your loved ones
  • Easy access for the recipient

What information you’ll need to complete the transfer

Here is the information that you’ll need to complete the transfer through Remitbee. There are two separate delivery methods that have different requirements:

Wire transfer to a bank account

  • Recipient’s name – Delays in your transfer can be prevented if the name is precisely how it appears on bank statements.
  • Address – We need the address of the receiver including the city, province, and postal/zip code
  • Bank name – Make sure to put Philippine National Bank
  • Account Number – This ensures it gets to your recipient’s account.

Cash Pickup

  • Name – Always check if it’s complete and spelled correctly
  • Phone number – Enter the number of the recipient.
  • Pickup Location – We need the name of the bank or other financial institution where the recipient will be picking up the money.

How Remitbee calculates the CAD to PHP Exchange Rate

We try to keep our fees as low as possible and assess rates daily to bring you the most competitive PHP exchange rates on the market. You can save on fees when you use Remitbee Wallet. Otherwise, a minimal fee is charged when you choose to use bill, interact or debit card payment methods. With Remitbee, fees are transparent and you can always check them before sending your money to the Philippines.

Which other banks in the Philippines can you send money to?

There are various banks in the Philippines, just like there are in Canada and every other country around the world. Remitbee sends your money directly from your account with us to the bank account in the Philippines without passing it through other middlemen. Here are a few of the other branches you can use to send money from Canada to the Philippines with our service.

How international money transfers work

International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to PHP, and the money is moved between accounts.

Frequently Asked Questions

Yes, you can!

You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.

The transfers typically take between 1 and 2 days, but some transfers happen instantly.

If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.

Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:

  • Interac Online - $2.99
  • E-transfer - Free
  • Bill Payment - Free
  • Electronic funds Transfer - Free
  • Visa or Mastercard Debit - $2.99+

The maximum amount of money you can send in PHP is dependent on the verification level. Here is a breakdown of the levels:

  • The minimal Level 1 of verification allows you to send only 50 CAD daily or up to 500 CAD monthly. -We recommend Verification of Level 2. It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.
  • For users who need to transfer larger amounts of money we also have a good option – Verification Level 3. It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, that verification is a one-time process. Once you have been verified, there is no need to provide any other documents.

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