Posted on by Xiao Yu

The Philippines is a country that is best described by its famous tourist destinations. From the Ifugao Rice Terraces to the Tubbataha Reefs and Palawan’s underground river to Boracay’s white-sand beaches, the list goes on. The country is home to over 94 million people and its population is defined by the region’s cultural diversity. Approximately 11 percent of the country’s population work abroad. That percentage basically translates to more than 11 million people. Most of them are in the pursuit of better career opportunities, i.e. higher salaries, income, and benefits packages. The latest statistics show that Filipinos account for 25 percent of all overseas nurses.

Did you know that sending an online money remittance to the Philippines is easier than before? This is possible because of platforms such as Sharemoney. We have simplified the task of transferring money online to Luzon Development Bank and more. If you are planning to send money to a loved one, here are some basic guidelines to follow:

About Luzon Development Bank

Laguna was a sprawling province of verdant rice fields and sugar lands. It was an agricultural haven and was located at the doorsteps of Manila. In fact, it was located at the heart of the country’s economic center. With the province’s impending growth, Laguna Development Bank (LDB) was established. The bank started out with 10 staff members and one location in Calamba.

Over the years, LDB steadily grew to a network of 40 branches throughout Luzon and Metro Manila. It became the country’s largest private development bank. As the bank continued to expand, it was rechristened as the Luzon Development Bank. LDB is not one that rests on its laurels. With the advent of the Internet, social media, and mobile technology, LDB has worked tirelessly to maintain itself as a customer-centric regional development bank.

Bank Swift Code: LUDVPHM1

Transferring Money Online to Luzon Development Bank – How to Get Started

The online money remittance process is simple. The first step involves creating a free account with Sharemoney. You only need to fill up a simple form. If you provide us with accurate information from the get-go, your registration will proceed smoothly. You may need to wait a few days as we need to verify your data. Once your account has been approved, future transactions can happen much faster.

Delivery Methods for Online Money Remittances to the Philippines

When facilitating money remittances to the Philippines, Sharemoney offers an array of delivery methods for your convenience, which includes home delivery, cash pick-up, and bank deposits. If your loved one owns a Luzon Development Bank account, you are in luck! You can deposit the money directly into the recipient’s bank account and be done in as few as 15 minutes!

Choosing Your Preferred Funding Method

You can fund your transaction with your debit card, credit card, or bank account. Our transaction fees are cheap, and they start from $3.99 only. If you are looking for a cheap and more straightforward method, using your debit card is highly recommended. Credit card payments not only incur a fee from us but your credit card company too.

When you choose Sharemoney, you can enjoy complete peace of mind that we always allow our customers to see the complete transfer fee they will have to pay, when sending money online to the Philippines. Our company never hides such details from customers throughout transactions.

Send money remittance online to Luzon Development Bank in the Philippines today and enjoy stellar USD to Peso exchange rates on the market!

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