Remittances

Remittance

Option

Method

Advantages

Disadvantages

Post Dated Checks

•

Very easy

•

Available anywhere in the world

•

US dollar checks take 30-45 days to clear. Therefore, monies paid will also take 30-45 days to be credited in your name.

•

Only Peso or US dollar checks accepted.

Bank-to-Bank Wire Transfer

•

Easy, Secure

•

Valid in any country

•

You have to go to your bank each month to give them instructions to remit to Century Communities Corporation

•

Charges range from $10-$20 per remittance

RemitHome

•

Easy, convenient, secure

•

Cheaper than wire transfer

•

Can be done from any point where there is an internet connection

•

Only valid in the US

Equitable Bank's Express Padala Service

•

Valid in more than 60 countries

•

To see location of all Express Padala Centers click: here

•

Allows you to open a local Philippine Peso account in your
name even though you are not in the Philippines

•

Auto-debit arrangement makes crediting of payments more convenient and timely

•

Slightly more complicated than other options

•

Funding of amortizations should be strictly monitored and done regularly in order to match the schedule of payments.

Other Fund Courier Services

•

Last resort

•

Not guaranteed to arrive on time

•

Payments sometimes gets lost

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