(NAR) VOL. 22 NO. 1, JANUARY - MARCH 2011
To properly manage the remuneration and cost of the outgoing International Money Order (IMO) service and pursuant to Board Resolution No. 2011-29, approving the increase in rates of outgoing international money order service fee, the following rates of outgoing IMO fee are hereby increased as follows:
Amount of Remittance
| Fee |
| |
Below P4,000.00 | 300.00 |
4,001.00 to 9,000.00 | 400.00 |
9,001.00 to 20,000.00 | 500.00 |
Above P20,000.00 | 800.00 |
Similarly, per Board Resolution No. 2011-30, the following charges on the additional services of international money order remittance shall be collected from requesting party as follows:
1. Request for certification concerning International Money Order remittance – P150.00
2. Request for alteration of the Name of the Payee thru issuance of replacement – P100.00
Likewise, the exchange of IMO service is limited to the following countries only in which PhilPost has bilateral agreement:
1. Brunei | 8. Malaysia |
2. Hongkong | 9. Mongolia (Xac Bank) |
3. Indonesia | 10. Qatar |
4. Iran | 11. Singapore |
5. Japan | 12. Thailand |
6. Kuwait | 13. United Arab Emirates |
7. Korea | 14. Vietnam |
This order shall take effect on February 21, 2011.
Adopted: 14 February 2011
(SGD.) ATTY. ANTONIO Z. DE GUZMAN, CESO I
Officer-in-Charge
Office of the Postmaster General & CEO