- These terms and conditions together with the Remittance Application Form, and any applicable Customer Registration Form, constitute the entire agreement between you, (“the remitter”, “your”, “the sender”) and Kabayan Capital Ltd t/as Kabayan Remit (“Kabayan”,”us”, “we”,”our”) and describe the agreement between us each time you instruct us that you would like to use the money transfer services offered by Kabayan on our website to remit funds from the UK to the Philippines.
- By instructing us to carry out a Transaction on your behalf, you expressly agree to comply with and be bound by all the terms and conditions contained in the agreement.
- We may amend, update or modify any of the terms and conditions in the Agreement at any time in our sole discretion and will inform you of such changes by posting the revised terms and conditions on our website.
- Definitions :
- “Agreement” together these terms and conditions and the Remittance Application Form.
- “Beneficiary” means the recipient in the Philippines to whom you require us to transfer money specified in the instruction.
- “Chargeback” means where you seek (and obtain) from your bank a refund of the amount that you have authorised and instructed us to debit from your bank account to pay for the Transaction Amount and the Service Fee.
- “Customer Registration Form” means the customer information form used by Kabayan for initial and periodic customer identification and verification.
- “Instruction” means a request to transfer money from the UK to the Philippines.
- “Remittance Application Form” means the payment instruction form, completed by you, and which sets out the details of each Transaction.
- “Remitter” means the person in the UK instructing Kabayan to undertake a Transaction.
- “Transaction” means the transfer of money from the UK to the Philippines.
- “Transaction Amount” means the amount of the remittance that the remitter intends the beneficiary to receive and excludes all fees and charges applied by Kabayan Capital and any foreign exchange conversion that may apply.
- “Service Fee” is the amount to be paid to Kabayan in consideration of undertaking the Transaction and is in addition to the Transaction Amount.
- “Service Provider” means a local bank or any other third party service provider used in connection with each Transaction.
- In consideration for each use of the money transfer service, you agree to pay us a service fee as specified below. These fees may vary from time to time without notice and the exact fee for the service will be confirmed to you when you submit the Remittance Application Form. The basis of calculation and payment of the Transaction Amount and the Service Fee will be in UK pounds sterling. The exchange rate from pounds sterling to Philippine pesos will be provided to you when you submit a Remittance Application Form and will be also be available on our website. The rate will change daily. Click here for Calculator tool to find out how much you will be charge
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.