PNB (Europe) : Remittance Fees

Remittance Charges (UK to the Philippines)

Remittance Fee	Amount
£5	Up to £1,000 (PNB acct or to Non PNB acct)
£7	£1,001 to £10,000 (PNB acct or to Non PNB acct)
please call 02073971340	£10,001 above
£8	Door to Door / Advise and Pay Anywhere

Cash Handling Fee: Remittances paid by the customer in cash through our bank tellers. Cost will be the remittance fee as shown above PLUS:

Cash Handling Fee	Amount
Free of Charge	Up to £5,000
25p per £100	in excess £5,000

To see fees table click here

No cash handling fees for payments made by Debit Card, Credit Card, Cheques or cash deposit made to our account with Barclays, and/or Natwest

Credit Card payments is subject to 2% service fee
Cheques: please allow 7 banking days for the cheques to be cleared, the exchange rate used is date the cheque was received by our tellers.
Cut-off time: any payments received after 3pm will be remitted the next day, the exchange rate applied will be the one ruling on the day we received your remittance.

Sample Computation for £10,000 remittance with cash handling charge
(for cash payments to any of our PNB (Europe) branches):

Details	Service Fees
Remittance Amount = £10,000	£7
Cash Handling Charge (cash brought in at any PNB counters)
£10,000 less £5,000 = £5,000
£5,000 / 100 = £50
£50 x £0.25 =	£12.50
Total Service Fee	£19.50

Sample Computation for £10,000 remittance without cash handling charge
(remittance via debit or credit card, cheques, deposit our account with Natwest, Barclays)

Details	Service Fees
Remittance Amount = £10,000	£7
NO Cash Handling Charge (cash brought in at any PNB counters)	Free of Charge
Total Remittance Fee	£7 Only

Remittances to a US Dollar Account in the Philippines

US$ Amount	Service Fee
US$ 10.00 up to 1,499.00	Remittance Fee* + £1.50
US$ 1,500.00 up to 4,999.00	Remittance Fee* + £3.50
US$ 5,000.00 and above	Remittance Fee* + £10.00 *Remittance Fee please refer to remittance charges above

Payment of Service Fee using US$ = $15 + 2% of the total amount to be remitted

Remittances to a US Dollar Account in America

US$ Amount	Service Fee
US$ 10.00 up to 1,499.00	£9 + £1.50
US$ 1,500.00 up to 4,999.00	£9 + £3.50
US$ 5,000.00 and above	£9 + £10.00

Payment of Service Fee using US$ = $18 + 2% of the total amount to be remitted

For any inquires regarding the charges please feel free to call 02073971340 or email us at remit@pnbeurope.co.uk