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LBC international money transfer review

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Enjoy competitive rates with money transfers within the Philippines with LBC.

Founded in 1945, LBC is the first Filipino-owned air cargo and brokerage agent in the Philippines. Over the years, it has grown to over 6,400 locations globally, and now offers convenient payments and money transfer services in more than 3,000 branches in the country.

Compare LBC to other money transfer services

Name Product Minimum Transfer Transfer Time Transfer Fee
WorldRemit
WorldRemit
PHP 1
1 - 2 days
USD 3.99
WorldRemit Philippines lets you use your debit, credit or pre-paid card to send instant mobile airtime top-ups.
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What types of transfers can you carry out with LBC?

In partnership with commercial banks and remittance partners, LBC offers various options to remit funds to and within the Philippines, including:

  • Instant Peso Padala. Send money anywhere in Luzon, Visayas, Mindanao via in-person transfers through any LBC branch nationwide. Funds typically arrive within a few minutes. Your recipient can pick up the funds by visiting any LBC branch.
  • Door to door delivery. With its extensive nationwide delivery network, you can have LBC deliver money to your recipient’s doorstep, which typically arrives the next day.
  • Remit to account. Customers can send a cash transfer to a recipient’s bank account, which will arrive 1 day after a deposit has been made.
  • Money remittance partners. This service allows customers to send money from any LBC remittance partner. Recipients can pick up the funds by visiting any LBC branch.

LBC’s remittance partners

Send money through any of these remittance partners locally and abroad, and have your recipient pick up the funds from any LBC location in the Philippines. Be sure to check fees and transfer time with these providers, as they vary individually.

Banks

  • Bank of the Philippine Islands (BPI)
  • Asia United Bank
  • China Bank
  • CIMB Islamic Bank
  • Metrobank
  • Bank of Commerce
  • Philippine Veterans Bank
  • RCBC

Money transfer services

  • Abra
  • Coins.ph
  • Transfast
  • Xoom
  • Western Union
  • Al Ansari Exchange
  • Alfalah Exchange Company
  • Al Ghurair
  • Cash Sense
  • Palawan Pawnshop
  • International Money Express
  • Instant Cash Global Money Transfer
  • Pacific Ace
  • Pinoy Express
  • Placid Express
  • Sendah
  • Prabhu
  • Progoti Exchange
  • SMJ
  • Speed Remit
  • Tempo Financials
  • TML Remittance
  • Onyx Exchange
  • Unidos i-transfer
  • URemit
  • Far East Express
  • Zenj EX
  • Worldcom Finance
  • OK Remit
  • Atin Ito
  • iRemit
  • Pisopay
  • Xpress Money

LBC money transfer fees within the Philippines

The following rates apply for sending money to anywhere in Metro Manila, North Luzon, South Luzon, Visayas, and Mindanao. Fees are accurate as of 1 August 2019.

Amount to send Transaction fee
PHP 100 PHP 6
PHP 101 – 200 PHP 15
PHP 201 – 300 PHP 20
PHP 301 – 400 PHP 25
PHP 401 – 500 PHP 30
PHP 501 – 600 PHP 35
PHP 601 – 700 PHP 40
PHP 701 – 800 PHP 45
PHP 801 – 900 PHP 50
PHP 901 – 1,000 PHP 50
PHP 1,001 – 1,500 PHP 75
PHP 1,501 – 2,000 PHP 100
PHP 2,001 – 2,500 PHP 125
PHP 2,501 – 3,000 PHP 150
PHP 3,001 – 4,000 PHP 180
PHP 4,001 – 5,000 PHP 220

Remit to Bank Account

Amount to send Transaction fee
PHP 100 – 1,000 PHP 100
PHP 1,001 – 3,000 PHP 120
PHP 3,001 – 5,000 PHP 150

Door to Door Money Delivery (Next Day Delivery)

Amount to send Transaction fee
PHP 100 PHP 35
PHP 101 – 200 PHP 37
PHP 201 – 300 PHP 52
PHP 301 – 400 PHP 54
PHP 401 – 500 PHP 59
PHP 501 – 600 PHP 71
PHP 601 – 700 PHP 76
PHP 701 – 1000 PHP 80
PHP 1,001 – 1,500 PHP 119
PHP 1,501 – 2,000 PHP 140
PHP 2,001 – 2,500 PHP 179
PHP 2,501 – 3,000 PHP 200
PHP 3,001 – 4,000 PHP 260
PHP 4,001 – 5,000 PHP 320

How long do transfers take?

Transfers to bank accounts take one day while home deliveries take between one and two days. Instant transfers are available using LBC branches or partners.

How to send money from an LBC branch

  1. Search for an LBC branch near you.
  2. Fill out the Remittance form. You will need to provide your residential address, contact information, your recipient’s full name, address, and contact number. Present the completed form to the agent, along with a valid ID, money you wish to send, and the transfer fee.
  3. Once your transfer has been completed, keep the receipt and take note of the tracking number issued.
  4. Notify your recipient of the tracking number and exact amount transferred. Let them know they need to bring a valid ID.
  5. Funds are typically available for your recipient to pick up within minutes.

In a nutshell

Pros
  • An extensive network of LBC agent locations nationwide
  • Offers various money transfer options including door to door, bank transfer through partners or agents.
  • Cash pick up from agent locations.
  • Competitive rates
Cons
  • Cash transfers can only be done in person at an agent location.
  • Sending money using credit/debit cards isn’t an option yet.
  • Option to send money abroad from an LBC agent location in the Philippines isn’t available yet.

What other products does LBC offer?

LBC has a wide range of products and services, including the following business solutions:

  • Logistics. LBC offers land, air and sea freight delivery. The company offers courier and parcel services as well as general cargo delivery.
  • Warehousing. LBC offers pick and pack services for online businesses, either at their own warehouses or at the customers’ site. You can use this service for delivery or for storage depending on your needs. It also has inventory-management systems for small to medium-sized businesses.
  • Printing. LBC also offers printing services for businesses, which can be used for marketing or promotional purposes.

Frequently asked questions about LBC

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