UNIFIED PRODUCT AND SERVICES - REMITTANCE FAQ REMITTANCE INSTRUCTION:
1. Log in to your GPRS web tool account and fill up the needed information as shown below.
Click the REMITTANCE button to see the remittance service options:
1. E-cash to e-cash means you can transfer/ remit money to another GPRS dealer
Fee is P25 which you pass on to your client and then add 10 pesos as your service charge.
You can use this option to transfer your e-cash to different GPRS registered member using their reg code in the system, the system charge is P25.00
2. E-cash convert to available funds
means converting your e-cash to your e-loading fund.
No service charge
You can transfer your money to load your loading system (For E-load), there is no system fee to be taken in your account.
3. E-cash to GPRS outlet
Means you can send or remit money to any GPRS outlet nationwide. You can check GPRS outlets location by clicking the Location button.
There is a fixed charge of P60 for any amount. Add 10-40 pesos as your service charge.
3.1 Go to HOME, click location and click SEARCH locations for the nearest GPRS outlet in your area. 3.2 In the BRANCH Name, you should see GPRS plus location, do not transact in any Villarica, Tambunting, Puregem, KG, Kwartagram without the GPRS name on it. The address there is already active but NOT YET ACTIVATED in our GPRS system. 3.3 To make sure, drop a message to GPRS HELP DESK or call our hotline 31560973 to confirm on the location. 3.4 If location is confirm, you can transact now using E-CASH to GPRS, the system will generate a reference code for your beneficiary to claim in the GPRS location you had confirmed. 3.5 the system fee is P60.00
4. E-cash to SMARTMoney.
The recipient must be a Smart Money member and should have a SMART MONEY number
Remittance fixed charge is P60 for any amount.
4.1 use the GPRS smartmoney code: 5577519312690101 4.2 GPRS code for SMARTMONEY limit is P50K only 4.3 it will generate a reference number that your beneficiary can claim to the nearest Smartmoney padala counter. 4.4 the system fee is P60.00
5. E-cash to My Visa card
Allows you to transfer money from your ecash to your own GPRS visa card.
Fixed charge of P 50 (any amount but up to 50T pesos only per shot)
6. E-cash to Visa card
Transfer/remit money to any GPRS Visa card
Get the account name and number
Fixed charge of P60 (any amount but up to 50T pesos only per shot)
7. E-cash to Credit to Bank
charge computation (any amount up to 50,000 pesos per shot):
DESCRIPTION BANK CHARGE SERVICE CHARGE TOTAL CHARGE
BPI Only ₱110.00 ₱60.00 ₱170.00
Other Banks ₱100.00 ₱60.00 ₱160.00
add your service charge.
You can also be a PAYOUT outlet. Which means you can receive money and pay the recipient. You earn by asking for a service charge from the prospective client.
OTHER QUESTIONS:
8. What do we mean by 25 pesos only remittance fee?
Answer: 25 Remittance fee is the lowest remittance fee we offer, or the lowest system fee when you transfer money from eCash to eCash or Member to Member. This is good and very much applicable for family to family remittance (meaning for personal use). Example: A Parent from the Mindanao will send money to their family in Luzon, the remittance charge is only 25 pesos (any amount but up to 50T pesos per shot), PROVIDED BOTH OF THEM MUST BE A GPRS MEMBER.
9. How about the EXCHANGE RATES? How do we go about it?
Answer:
What we have is the guide from Bangko Sentral ng Pilipinas. The beauty is that, you decide on the exchange rate you want. But we suggest that you give the most favorable price initially to your clients as part of your sales promotion. Make sure you always know the exchange rates of your competitor.