Updated April 14, 2016
As of now, these are the only BDO Remittance partners in Germany:
CBN LONDON LTD. (Hamburg Branch)
Gerhofstrasse 40, 20354 Hamburg, Germany
You can also send money through these international money transfer services that have partnered with BDO:
MONEYGRAM
COINSTAR
You can also remit through WIRE TRANSFER with these 2
BDO correspondent banks in Germany:
Deutsche Bank AG
Frankfurt am Main
Standard Chartered Bank (Germany) GmbH
Frankfurt am Main
Germany is the 3rd biggest source of OFW remittance money in Europe. In 2011, Filipinos in Germany sent a total of 478.7 million US dollars to the Philippines.
Top 3 European Sources of US Dollars Sent to the Philippines in 2011
From UK US$ 956.6 million
From Italy US$ 550.6 million
From Germany US$ 478.8 million
NOTE:
If you are sending to a bank account, make sure that the receiver’s name and account number on the remittance slip are exactly the same as the receiver’s bank account name and account number.
I cant send money to my account, its close?
Hi Manfred, was your remittance sent back to you? Then yes, most likely your account has been closed or made dormant. Dormancy occurs if there’s no deposit or withdrawal within 2 years. Closure occurs if account balance becomes zero. Kabayan accounts are closed after 14 months of no foreign remittance.