MANILA, Jan. 24 (PIA) – A new online remittance is now available in Australia as the Development Bank of the Philippines (DBP) launched a new online remittance service called AussiePadala.
AussiePadala enables anybody maintaining an account with any bank in Australia to remit funds online to their beneficiary maintaining an account with any bank in the Philippines.
“We are committed to providing overseas Filipinos with a remittance service that is convenient, secure, and offers great value for their hard-earned money,” said DBP president and chief executive officer Cecilia C. Borromeo.
DBP has partnered with one of Australia’s top banks which enabled the online remittance service for DBP.
According to George Inocencio, head of DBP’s Remittance Department, funds transferred before 6 p.m. of Sydney time are normally received by the beneficiary in the Philippines on the next banking day. Remitters can send up to A$10,000 per transaction with a fixed charge of only A$10.
“As an introductory offer, we are waiving the AussiePadala service fee for the first few months,” he added.
The AussiePadala portal can be accessed 24/7 at https://aorp.devbnkphl.com , or by visiting the DBP homepage, https://www.devbnkphl.com, and clicking on the AussiePadala icon. (DBP/RJB/JEG/PIA-NCR)
