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Remit Agad
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Now you can remit to and from Mindanao through SBC and ONB. With SBC’s strategic
branch locations and ONB being Mindanao’s largest rural bank, send or receive money
through our combined network of almost 200 branches nationwide!
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Mabilis, Abot-kaya at Sigurado with Remit Agad, the new domestic remittance service
by Security Bank Corporation (SBC) and One Network Bank (ONB)!
Now you can remit to and from Mindanao through SBC and ONB. With SBC’s strategic
branch locations and ONB being Mindanao’s largest rural bank, send or receive money
through our combined network of almost 200 branches nationwide!
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Service Charges:
Receipt of remittance for ONB shall be subject to the following charges:
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Amount of Remittance
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Over-the-Counter Fee (OTC)
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Credit to Account Fee (CTA)
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Php 500 – 50,000
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Php 120.00
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Php 100.00
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50,001 - 100,000
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240.00
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200.00
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100,001 - 300,000
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460.00
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400.00
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300,001 - 500,000
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680.00
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600.00
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Maximum Amount of Remittance
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Type of Remittance
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Over-the-Counter Fee (OTC)
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Credit to Account Fee (CTA)
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Outward (SBC to ONB)
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Php300,000.00
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Php500,000.00
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Inward (ONB to SBC)
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Php500,000.00
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Php500,000.00
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Just visit any of our branches or call SBC at (02) 867-6788 and ONB at (082) 234-3759.
For more information, go to our websites www.securitybank.com.ph and www.onenetworkbank.com.ph
Inward Remittances
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It is the transfer of fund from a remitter abroad or locally based to the beneficiary
client
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A remitter gives instruction to his bank, the remitting bank, to transfer funds
to the beneficiary through his bank.
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The remitting bank sends a payment order to Security Bank and remits the corresponding
cover to its nostro account with the correspondent/depository bank.
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Upon receipt of said payment instruction, Security Bank, will process the payment
order and pay the proceeds to the beneficiary in accordance with the instruction
indicated on the payment order.
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Outward Remittance
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It is the transfer of fund from a client remitter to a foreign or local beneficiary.
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A client remitter gives instruction to his bank, Security Bank, to transfer funds
to the beneficiary through his bank
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Security Bank, the remitting bank, sends a payment order to beneficiary bank and
remits the corresponding cover to its nostro account.
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Upon receipt of said payment order, the paying bank, will process the PO and pay
the proceeds to the beneficiary in accordance with the instruction indicated on
the payment order
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Domestic Telegraphic Transfer
Transfer of funds from a remitter domiciled locally through one local bank to another
through Philippine Domestic Dollar Transfer System (PDDTS) and PCHC Credit Clearing
– US Dollar Transactions for dollar fund transfers and Real Time Gross Settlement
(RTGS) and Electronic Peso Clearing Settlement (EPCS) for peso fund transfers.
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Foreign Telegraphic Transfer
Transfer of funds from a Philippine bank to a foreign bank or vise versa through
the SWIFT system (Society for Worldwide Interbank Financial Telecommunications).
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Reliable PesoRemit
Security Bank inked an agreement with money remittance service provider Reliable
PesoRemit, Inc. to allow their customers to send cash from Canada to the Philippines
and have it credited through co-branded cash cards, which are powered by SBC. The
arrangement also allows OFW beneficiaries to efficiently manage hard earned money
by enrolling their cash cards to Security Bank Online (SBOL).
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