BCRemit

How It Works

FAQs

1. What is BCRemit?

BCRemit is an online money transfer service that allows you to send money using your laptop/computer, tablet or smartphone from the UK to the Philippines. Money can be sent via Credit-to-BankAccount, Cash Pickup and Home Delivery.

BCRemit is online only to provide you low cost, secure, fast and convenient service. With BCRemit you can do your money transfer anytime you have access to the internet.

BC Remit is registered and regulated by the UK Financial Conduct Authority and the HMRC.

2. Why should I use BCRemit?

The internet has improved the way we live in so many ways. Such as communicating with our loved ones via email or chat apps and online shopping.

BCRemit wants to do the same for money transfer. Currently, money remittance for most migrant workers is still done via traditional brick& mortar model offered by high street remittance companies and banks. This traditional way of sending money is usually expensive, requires submitting physical documents and going to high street shops.

Our online service is low cost, simple to use, fast and secure. You can send money in a few mins in the comfort of your home or office using a computer, tablet or smartphone anytime, day or night.

BCRemit is committed to keeping our customers and their money safe and secure with our industry-leading technology.

3. How to send money with BCRemit?

You can go to our user-friendly website using your computer, tablet or smartphone. Fillup our registration form and follow our simple online process. Please see our How it Works - Step by step guide for details.

4. How do I pay with BCRemit?

There are two ways to pay for your transfer:
a. Pay using your Debit Card, or
b. Pay via Online Bank Transfer to our UK bank account with details below:

BCRemit
Sort Code: 60 00 01
Account number: 95626719
Reference: [Your Customer No.]*

*Please make sure you indicate your unique Customer Number in the reference section of your online bank transfer to ensure fast delivery of your money transfer.

Please note that over-the-counter cash deposit is not allowed in our bank account.

5. How much does it cost to use Remit?

We aim to provide you low transfer fees. O ur transfer fees starts at £ 2.99. Below is our pricing table for your reference:

Summary of Transfer Fee Structure

 
Online Bank Transfer
Card
Amount
Credit to Bank
Cash Pickup
Home Delivery
Credit to Bank
Cash Pickup
Home Delivery
£1 to £300
£2.99
£3.99
£4.99
£3.99
£4.99
£5.99
Additional 0.5% and 1.0% charge in excess of £300 for Online Bank Transfer and Debit Card, respectively*

Our easy to use our interactive quote table in the <Send Money> page will clearly show you the transfer fee as well as the exchange rate and total amount you need to pay depending on the delivery and payment mode you choose.

Below are examples of the transfer fee you pay based on different amounts.

 
Online Bank Transfer
Card
Amount
Credit to Bank
Cash Pickup
Home Delivery
Credit to Bank
Cash Pickup
Home Delivery
£301 to £400
£3.49
£4.49
£5.49
£4.99
£5.990
£6.99
£450
£3.74
£4.74
£5.74
£5.49
£6.490
£7.49
£500
£3.99
£4.99
£5.99
£5.99
£6.990
£7.99

6. How can my beneficiary receive the money?

BCRemit has 3 delivery options available.

  1. You can credit the money direct to your beneficiary’s bank account (any bank in the Philippines),
  2. Have your beneficiary collect the money from our over 7,000 cash pickup outlets/partners, or
  3. Deliver the money at your beneficiary’s home.


7. Does BCRemit offer Door-to-Door/ Home delivery?

We deliver to your beneficiary’s home, within 24-hours in Metro Manila and 3-5 days for provincial areas. See serviceable areas and delivery times.

8. What does the beneficiary need in order to collect the money?

To collect money, your beneficiary needs two things:

a. Proof of ID
b. Reference number

Please note that the beneficiary's name as stated on your transfer has to match exactly the name presented on the beneficiary's Proof of ID. Please see list of Valid IDs.

9. How much money can I send with BCRemit?

There is no limit on the amount that you can send. We do conduct enhanced due diligence checks in some instances. Such as for customers who send more than £5,000 in a single transaction or over a 30-day period. This is part of our anti-money laundering procedure.

If you are planning to transfer large amount of money, please e-mail us at info@bcremit.com or call us at +44 (0) 203 2877 103.

10. Do I have to register with BCRemit to get a transfer quote?

No, you instantly get the transfer fee and the total amount that you have to pay by just filling in the amount you want to transfer and the method you want it to be delivered using our interactive quote table.

11. Can I use my smartphone to transfer money?

Yes, you can use your smartphone as well as your tablet or laptop/PC to transfer money via our low cost, secure and convenient online service. Just go to www.bcremit.com.

12. What if I have a problem or question on my money transfer?

You may get in touch with us via our Contact Us page, or e-mail us at info@bcremit.com we will be happy to assist you.