[ PPC PHILPOST ADMINISTRATIVE ORDER NO. 11-03, February 14, 2011 ]

INCREASE IN RATES OF OUTGOING INTERNATIONAL MONEY ORDER SERVICE FEE



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