Security Bank | Banking Services - Remittances/Transfers
Security Bank Corporation Security Bank Corporation 60 years
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Banking Services - Remittances/Transfers
Remit Agad

Now you can remit to and from Mindanao through SBC and ONB. With SBC’s strategic branch locations and ONB being Mindanao’s largest rural bank, send or receive money through our combined network of almost 200 branches nationwide!

Mabilis, Abot-kaya at Sigurado with Remit Agad, the new domestic remittance service by Security Bank Corporation (SBC) and One Network Bank (ONB)!

Now you can remit to and from Mindanao through SBC and ONB. With SBC’s strategic branch locations and ONB being Mindanao’s largest rural bank, send or receive money through our combined network of almost 200 branches nationwide!

Service Charges:

Receipt of remittance for ONB shall be subject to the following charges:

Amount of Remittance Over-the-Counter Fee (OTC)  Credit to Account Fee (CTA)  
 Php 500 – 50,000  Php 120.00  Php 100.00
 50,001 - 100,000  240.00  200.00
 100,001 - 300,000  460.00  400.00
 300,001 - 500,000  680.00  600.00


Maximum Amount of Remittance
Type of Remittance Over-the-Counter Fee (OTC)  Credit to Account Fee (CTA)  
 Outward (SBC to ONB)  Php300,000.00  Php500,000.00
 Inward (ONB to SBC)  Php500,000.00  Php500,000.00

Just visit any of our branches or call SBC at (02) 867-6788 and ONB at (082) 234-3759.


For more information, go to our websites www.securitybank.com.ph and www.onenetworkbank.com.ph



Inward Remittances
It is the transfer of fund from a remitter abroad or locally based to the beneficiary client
A remitter gives instruction to his bank, the remitting bank, to transfer funds to the beneficiary through his bank.
The remitting bank sends a payment order to Security Bank and remits the corresponding cover to its nostro account with the correspondent/depository bank.
Upon receipt of said payment instruction, Security Bank, will process the payment order and pay the proceeds to the beneficiary in accordance with the instruction indicated on the payment order.


Outward Remittance
It is the transfer of fund from a client remitter to a foreign or local beneficiary.
A client remitter gives instruction to his bank, Security Bank, to transfer funds to the beneficiary through his bank
Security Bank, the remitting bank, sends a payment order to beneficiary bank and remits the corresponding cover to its nostro account.
Upon receipt of said payment order, the paying bank, will process the PO and pay the proceeds to the beneficiary in accordance with the instruction indicated on the payment order


Domestic Telegraphic Transfer
Transfer of funds from a remitter domiciled locally through one local bank to another through Philippine Domestic Dollar Transfer System (PDDTS) and PCHC Credit Clearing – US Dollar Transactions for dollar fund transfers and Real Time Gross Settlement (RTGS) and Electronic Peso Clearing Settlement (EPCS) for peso fund transfers.


Foreign Telegraphic Transfer
Transfer of funds from a Philippine bank to a foreign bank or vise versa through the SWIFT system (Society for Worldwide Interbank Financial Telecommunications).



Reliable PesoRemit

Security Bank inked an agreement with money remittance service provider Reliable PesoRemit, Inc. to allow their customers to send cash from Canada to the Philippines and have it credited through co-branded cash cards, which are powered by SBC. The arrangement also allows OFW beneficiaries to efficiently manage hard earned money by enrolling their cash cards to Security Bank Online (SBOL).