LBC
rolls out online remittance service, offers free transaction fee
until July 5
In
its effort to make sending money safer, faster, and more convenient
for every Filipino, LBC Express Inc. rolls out its Instant
Peso Padala (IPP)
online service, the company’s latest move in bringing digital
solutions closer to everyone.
As
COVID-19 remains a threat, the leader in the remittance space sees
the need for a service that will allow Filipinos to send money
easily. “At a time when everyone’s move is limited and even
sending your padala
to your family members or relatives seems challenging, we recognize
the need for an online remittance service that will allow you to send
money without leaving your house. With just a click, you’re sure
that you’re able to look after your loved ones wherever you may
be,” says Mr.
Oliver Valentin, Executive Vice President and Chief Operating Officer
for Philippine Branch Operations of LBC.
LBC
also announced that it is waiving the transaction fee for those using
the service from June 5, 2020 to July 5, 2020.
To
start sending money using IPP online, simply follow these steps:
- Provide your details including the sender and the receiver’s name and the amount of money you’ll be sending
- A Reference Number will be generated for you.
- You will receive the Reference Number via email and SMS.
- Use the Reference Number to deposit your transaction amount to any LBC express bank account.
- Send the proof of credit by uploading your receipt to the link found in the confirmation.
- You will receive a confirmation via SMS and email that transaction had been processed.
- The recipient can now claim their money at any branch or partner remittance center.
LBC
ensures that the process is easy enough to take away the hassle from
both the sender and the receiver. To claim funds, recipients just
need to go to the nearest LBC branch or partner remittance centers
such as Cebuana Lhuillier, Palawan Express, and MLhuillier.
LBC
has over 1,400 branches nationwide, all maintain stringent measures
and protocols set by the government including social distancing and
regular fumigation and sanitation. Employees are also well-equipped
with safety and protection gear.
“This
is just one of the several digital transformation initiatives that we
are introducing at LBC as the needs of our customers evolve. We are
committed to bringing the best and most meaningful solutions to LBC
users as we continue to move with them, and for them, during this
challenging time,” adds Mr. Valentin.
For
the latest updates on LBC’s services, visit
https://www.lbcexpress.com/
and https://www.facebook.com/LBCExpress/.
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