soho central
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
Copyright © 2004, Century Properties, Inc. All rights reserved
