CIMB Cheap International Money Transfer from Thailand to Philippines

Recently, CIMB became famous to Filipinos in Thailand because it offered a super cheap international money transfer fee for only 150 baht per transaction within the the specified amount limit.

Here is the fee structure against amount sent. There is the same transaction fee when sending to Myanmar and Philippines while sending to other countries has different fees.

Way back in 2007, OFW's in Thailand used Western Union for money services. Later around 2008 onwards, many OFW's have tried on sending Thai ATM Cards to Philippines so that fund transfer is easier and the recipients in Philippines can withdraw cash from any ATM Machine's anytime.

CIMB offer free sending promotion. For every 4 successful transactions, the fifth transaction would be free. Promo runs from September 15 2014 to February 15 2015.

Some information on how to use CIMB International Speed Send.

How to send:
1. Go to any CIMB branches
2. Fill up the SEND Money form
3.  Submit completed form with Passport and the Money
4. You should receive the receipt with the TRACER NUMBER after successful transaction
5. The money can be withdrawn by the receiver after at least 15 minutes of successful transaction.

Click HERE to see Branch Locations all over Thailand.

How to receive:
1. Receiver should go to any receiving outlets in Philippines
2. Fill up Receive Money form with the following info: Sender's Complete Name, Exact Amount, Tracer Number and the Origin Country.
3. Submit completed form with ID.
4. Receive Money and receipt.

Here are the list of receiving outlets/agents in Philippines:
1. Cebuana Lhuiller
2. Metrobank
3. Palawan Pawnshop
4. LBC (Luzon Brokerage Corporation)
5. BDO (Banco de Oro)

Click HERE for other countries.


Source: CIMB OFFICIAL WEBSITE