BANK TO BANK
I-Remit’s bank-to-bank online crediting facility guarantees that remittances received before noon will be credited to the bank accounts of designated beneficiaries on the same day. These remittances may be withdrawn by the family members of the OFWs from any ATM of BancNet, MegaLink, or Expressnet member banks. Collectively, there are over 70 commercial and thrift bank members of these three ATM consortia with a combined network of over 14,000 ATMs nationwide.
Crediting remittances is done using various technological and financial platforms of banks, making it possible for online and same-day credit of accounts. Thru Bank-to-Bank, the clients can credit remittance to major local banks in the Philippines. Hence, this is also one of the fastest and most convenient ways of remitting money to their beneficiaries in the Philippines.