The Rizal Commercial Banking Corporation (RCBC) is one of the largest banks in the Philippines, with over 480 branches and 1,500 ATMs. RCBC provides a variety of services to its customers in investment banking, microfinance, foreign exchange, leasing, and remittances. RCBC has a huge focus on corporate social responsibility through its various projects supporting social and environmental initiatives. In 2020, RCBC was awarded the ‘Best Issuer for Sustainable Finance’ at the Asset Asian Awards.
Sending money to RCBC accounts in the Philippines is easy with Remitbee. It just takes six easy steps.
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!
There are many benefits to RCBC online banking and direct sending with Remitbee. Here’s a quick overview:
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
Rates are assessed daily to bring you the most competitive PHP exchange rates on the market that way we can keep our fees as low as possible. There are small fees when you choose to use bill, Interact or debit card payment methods, but you can also use the Remitbee Wallet without paying fees at any time. You can check the fees again, if any, before you confirm your transaction. There are no hidden charges and you’ll see everything upfront.
There are several banks in the Philippines, just like there are in Canada and every other country around the world. When you use Remitbee, money is sent 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.
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.
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:
The maximum amount of money you can send in PHP is dependent on the verification level. Here is a breakdown of the levels:
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.
Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.