SOLUTIONS FOR B2C


 
 
 
 
 
 
 
 
Remittance services being provided to natural persons - residents in Hong Kong SAR who would like to send remittances to the Philippines. B2C services are rendered exclusively face-to-face when a natural person attending the business premises of the Company will be verified by the manager and will be served. Money remittance transactions are provided in the following order:  customer is met in the business premises by a manager/cashier of HKPinoy;  subject to sending/receiving thresholds customer is obliged to pass a KYC/AML procedure and provide particular Know-Your-Customer information and/or documents;  customer also provides the recipient’s details, chooses a preferred payout option and destination country following by the payment of a remittance amount in cash funds in Hong Kong Dollar to the cashier;  cashier uploads received information or/and documents into the software system filling in any other required fields and then processes a transaction. HKPinoy offers the following payout options along with cap limits:
Service Payout-Limit (PHP)
ASIUA  150.000.00
BHF & GCash 40.000.00
CEBUANA 30.00.00
MNL<=P25000 25.000.00
MNL>25000 40.000.00.
Major Blanks 150.000.00
NLINK 50.000.00
Other Banks 150.000.00
PALAWAN 30.000.00

In the coming years, it is expected to enlarge the number of remittance corridors provided to Hong Kong population, including Indonesia, Thailand, India, Vietnam, Japan, Nepal, Pakistan, Australia, France and Spain.

 
 
 
 
 
 
 
 
 

HOW TO BECOME OUR CLIENT

To become SIROCCO client, Importers must complete the following procedures

1
Meet with our Country Manager to discuss details of contract
2
Complete Legal Requirements
3
Open European IBAN account for Importer and\or Supplier (optional)
4
Sign Foreign Exchange Master Agreement for Supplier or Importer

REQUIRED DOCUMENTATION


For Importers / Exporters:

Know Your Customer (KYC) form - Money laundering & terrorism financing prevention

Compliance form - The anti-money laundering and counter-terrorist financing

Foreign exchange master agreement signing

Non-disclosure agreement

Negotiation of basic terms and conditions


READY TO GET STARTED?

To setup a meeting, please use form below to get in touch with our manager in your country.