Padala to Bank Account

A real-time credit to account service similar to the regular money deposit transaction of banks was introduced to our Suki in 2016, our Padala to Bank Account. With this, customers can send money to their accounts without the long lines and early office cut-off of the banks. This service is available at all Palawan Pawnshop branches nationwide at very affordable fee.

How to Send Money to Your Bank Account

1) Go to any Palawan Pawnshop branch

2) Fill-out the Padala to Bank Account Form that will require you to provide necessary information of the Sender and receiving bank account details.

3) Settle the payment for the sent amount and the corresponding fee of P100.00 for each transaction

4) You will receive your copy of Padala to Bank Account Form.

List of Member Banks

	Bank	Valid Destination Types of Account (PHP)
1	Asia United Bank
2	Banco Dipolog
3	Bangko Mabuhay	All Accounts
4	Bank of Commerce	Savings, Checking,
5	CARD Bank, Inc.	Savings
6	China Bank Corporation	All Accounts
7	China Bank Savings	All Accounts
8	City Savings Bank	Savings, Checking, Passbook, Cash Cards
9	City State Savings Bank	Savings, Checking, Passbook, Cash Cards
10	CTBC Bank	Savings, Checking
11	Development Bank of the Philippines	Savings, Checking
12	Dumaguete Development Bank	Savings, Checking, Passbook, Cash cards
13	East West Bank	Savings, Checking, Passbook
14	East West Rural Bank(Green Bank)
15	Enterprise Bank	Savings
16	Entrepreneur Bank
17	Equicom Savings Bank	Debit Card andPassbook only
18	HSBC	Savings, Checking
19	HSBC Savings Bank	Savings, Checking
20	ISLA Bank
21	Korea Exchange Bank
22	Land Bank of the Philippines	Savings, Checking,(except payroll accounts and passbook only ac counts)
23	Luzon Development Bank
24	Malayan Savings Bank	Savings, Checking, Passbook
25	Maybank Philippines, Inc.	Savings, Checking, Passbook, Cash Cards
26	Metrobank	All ATM Accounts
27	Nationlink	Savings
28	Opportunity Kauswagan Bank (OK Bank)	All Accounts
29	One Network Bank	Savings, Checking, Passbook
30	Philippine Bank of Communications (PBCOM)	Savings, Checking
31	Philippine Business Bank	Savings, Checking
32	Philippine National Bank (0008 ‐ PNB)	Savings, Checking, Passbook, Cash Cards
33	Philippine Postal Bank	Savings, Checking,Passbook
34	Philippine Savings Bank (PSBANK)	All ATM Accounts
35	Philippine Veterans Bank	Savings, Checking, Passbook,
36	Philtrust Bank	All ATM Accounts
37	Plan Bank
38	PNB (0032 ‐ ALLIED BANK)	Savings, Checking, Passbook, Cash Cards
39	PNB Savings Bank (ASB)
40	Producers Rural Bank
41	Quezon Capital Rural Bank (QCRB)	Savings
42	RCBC Savings Bank	Savings, Checking, PassbookCash cards (local and intl)
43	Rizal Commercial Banking Corporation (RCBC)	Savings, Checking, Passbook,Cash Card (Prepaid)
44	Robinsons Savings Bank	Savings, Checking, Passbook, Cash cards
45	Security Bank	Savings, Checking, Passbook, Cash Cards,Prepaid Cards,
46	Sterling Bank of Asia	All Accounts
47	Tiaong Rural Bank	Savings, Checking
48	Tong Yang Savings Bank	All Accounts
49	UCPB Savings Bank	All Accounts
50	United Coconut Planters Bank (UCPB)	Savings, Checking, Passbook, Cash Cards
51	Wealth Bank	Savings, Checking, Passbook,
52	World Partners Bank	Savings, Checking
53	Zambales Rural Bank

Terms and Conditions

1. DEFINITION. Padala to Bank Account is a real-time fund transfer service - using a facility owned and developed by Security Bank Corporation and operated by the Palawan Pawnshop Group (PPG), composed of Eight Under Par (Pawnshop Operator), Inc., Palawan Pawnshop, Inc., Paragua Pawnshop and Financial Services, and VG Star Pawnshop & Jewelry Corporation. The Padala to Bank Account service is available in all PPG branches.

2. COMPLIANCE WITH ANTI-MONEY LAUNDERING and TERRORISM FINANCING PREVENTION (AML-TFP) RULES. All transactions under Padala to Bank Account shall be subject to Anti-Money Laundering & Terrorist Financing Prevention (AML-TFP) laws and Palawan Express Pera Padala (PEPP) policies, including Know Your Customer (KYC) requirements. As part of KYC, customers shall be required to fill out a Customer Information Sheet (CIS) and present a valid ID to avail of the Padala to Bank Account service. A picture of the customer and his/her ID shall also be taken. Questions and additional documents may be requested from customers in compliance with KYC rules. PPG employees reserve the right to refuse to accept or process, without liability, transactions which, in their sole discretion, may be in violation of AML-TFP laws, rules, or regulations, other applicable laws, and/or PEPP policies.

3. AVAILABILITY OF PADALA TO BANK ACCOUNT SERVICES. Padala to Bank Account services are available at PPG branches nationwide during their respective business hours, without prejudice to the closure of any branch, with or without prior notice, for any cause, including problems with its communications facility, its connectivity to the PEPP system, power and telecommunications failure, computer or gadgets failure, and inclement weather.

4. SEND. The Sender, after complying with AML-TFP and KYC requirements, completely filling out the Padala to Bank Account Form, and payment of the applicable remittance fees, may deliver cash (in Philippine Peso denomination) in the maximum amount of FIFTY THOUSAND PESOS (P=50,000) per transaction and instruct the remittance thereof to a specific bank account with a Philippine bank that is covered by this service. The remittance fee shall be a fixed rate of 100.00 per transaction, subject to change at any time and without prior notice to any party. The Sender shall keep his/her Padala to Bank Account Form for personal record purposes.

5. CONTRACT. The Padala to Bank Account Form represents the remittance agreement between the PPG Group and the Sender, and does not extend to the Claimant (if other than the Sender). Any complaint by the Claimant in relation to the remittance transaction shall be coursed through the Sender The Padala to Bank Account service only provides the facility to transfer money from the Sender to the Claimant’s account. The PPG shall not be deemed a party to any underlying agreement or transaction, online or otherwise, between the Sender and the Claimant. It has no responsibility and shall not be liable for goods, services, or any other matter related to such underlying agreement or transaction. The Sender attests that he/she knows the Claimant to whose bank account the remittance is sent and that any underlying agreement or transaction between them is valid and legal.

6. ADDITIONAL SERVICES. As part of the Padala to Bank Account service, notice of transaction is sent to the contact number of the Sender as indicated in the Padala to Bank Account Form.

7. LIABILITY. In no event shall PPG be liable for damages in connection with its performance of the Padala to Bank Account service, including for delay in remittance or non-credit of the remitted amount to the Claimant’s bank account, whether or not caused by negligence on the part of PPG’s employees, beyond the sum equivalent to FIVE THOUSAND PESOS (P=5,000), in addition to refunding the principal amount of the remittance and the remittance fee. In no event will PPG be liable for any indirect, special, incidental or consequential damages beyond the aforementioned amount.

8. NOT CREDITED TO ACCOUNT. All transactions that are claimed not to have been credited to the Claimant’s account is subject for confirmation by Security Bank before any refund/ reversal is approved/implemented. For transactions involving transfers to a current/checking/auto-debit account, the Sender shall ensure that the Padala to Bank Account transaction with the relevant PPG Branch is completed at least three (3) banking days before the relevant due date to ensure timely receipt of the funds in the Claimant’s account. PPG shall not in any way be liable for any and all penalties and charges which may be imposed by third parties on account of delayed payments out of such current/checking/auto-debit account.

9. CUSTOMER RELATIONS. All complaints regarding the Padala to Bank Account service must be submitted in writing and received at the sending PPG branch or emailed to customercare@palawanpawnshop.com within fifteen (15) calendar days from date of remittance. Any complaint after said period shall no longer be accommodated. For transactions reported by the Sender as fraudulent, requests for information by the Sender shall be evaluated by management and processed only upon submission of pertinent documents. All other requests for information by persons other than the Sender shall be evaluated by management on a case-to-case basis and may be granted or denied in management’s sole discretion, subject at all times to compliance with data privacy requirements.

10. DATA PRIVACY. The Sender allows PPG to: (a) collect and process his/her personal information for the purpose of the Padala to Bank Account service; and (b) disclose his/her personal information to PPG’s affiliates and to the Bangko Sentral Ng Pilipinas, as may be necessary. The Sender further acknowledges that PEPP and its agents treat as confidential all information related to its customers. The Sender understands that the specific terms and conditions governing the collection and processing of his/her personal information are provided in the Data Privacy Policy in the Palawan Pawnshop website (https://www.palawanpawnshop.com) and he/she has read the same before signing the Padala to Bank Account Form.

11. VENUE OF LITIGATION. All claims or suits regarding this transaction shall be filed in the courts of Puerto Princesa City, Palawan, to the exclusion of all other courts.

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