(UPDATED) Palawan Express is a well-known money transfer center in the Philippines. This is due to their reasonable rates and fees, which are affordable to all Filipinos.
According to their official Facebook page, Palawan Express Pera Padala was founded as a pawn brokering company that has expanded its services to include money remittance.
Today, after more than three decades in the industry, they offer products and services such as international money remittance, foreign currency exchange, e-loading, bill payment, and accident insurance through all branches located throughout the Philippines.
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What is Palawan Express?
Palawan Express (or Palawan Pawnshop Express Pera Padala), is Palawan Pawnshop's money remittance service that offers "pera padala" or money transfer service to Filipinos across the country.
There are over 3,000 Palawan Pawnshop locations throughout the country and over 6,500 authorized agents where individuals can utilize Palawan Express' services such as international and domestic remittance.
It offers the lowest money remittance rates in the country, starting at P2.00. For the latest rates and charges for 2024, you may check them here.
What are the schedule or business hours of Palawan Express?
The operating hours of Palawan Express locations vary. According to their website, they operate on two schedules: regular hours of 8:00 AM – 5:30 PM and extended hours of 8:00 AM – 6:30 PM.
Aside from these, the management of the pawnshop has identified branches that will operate on a special business hours schedule to accommodate the service needs of local customers and the average customer count of the branch.
Branches that follow a set of special business hours open as early as 7:30 a.m. and close no later than 7:00 p.m. All branches and outlets within malls continue to operate during the mall's regular business hours.
What are the rates and charges of Palawan Express?
Palawan Express rates for 2024 remain unchanged from the previous year. They continue to charge as little as Php 2.00. Other rates and fees vary depending on where you live.
The Palawan Express rates are divided into three categories: Visayas (Mindanao, South Luzon, Masbate, Romblon, and Palawan), Central and North Luzon, and National Capital Region. For the most recent fees and charges, please see the table below:
Visayas - Mindanao Palawan Express Rates
| SEND AMOUNT | RATES & CHARGES | DISCOUNT | REBATES | NET FEE (for discounts and rebates) |
SUKI POINTS |
|---|---|---|---|---|---|
| 1-100 | 2 | - | - | 2 | 0.04 |
| 101-300 | 3 | - | - | 3 | 0.06 |
| 301-500 | 8 | 1 | - | 7 | 0.16 |
| 501-700 | 10 | 1 | - | 9 | 0.20 |
| 701-900 | 12 | 1 | - | 11 | 0.24 |
| 901-1000 | 15 | 1 | 1 | 13 | 0.30 |
| 1001-1500 | 20 | 1 | 1 | 18 | 0.40 |
| 1501-2000 | 30 | 2 | 2 | 26 | 0.60 |
| 2001-2500 | 40 | 2 | 2 | 36 | 0.80 |
| 2501-3000 | 50 | 2 | 2 | 46 | 1.00 |
| 3001-3500 | 60 | 3 | 3 | 54 | 1.20 |
| 3501-4000 | 70 | 3 | 3 | 64 | 1.40 |
| 4001-5000 | 90 | 4 | 4 | 82 | 1.80 |
| 5001-7000 | 115 | 5 | 5 | 105 | 2.30 |
| 7001-9500 | 125 | 6 | 6 | 113 | 2.50 |
| 9501-10000 | 140 | 7 | 7 | 126 | 2.80 |
| 10001-14000 | 210 | 8 | 8 | 194 | 4.20 |
| 14001-15000 | 220 | 8 | 8 | 204 | 4.40 |
| 15001-20000 | 250 | 8 | 8 | 234 | 5.00 |
| 20001-30000 | 290 | 9 | 9 | 272 | 5.80 |
| 30001-40000 | 320 | 10 | 10 | 300 | 6.40 |
| 40001-50000 | 345 | 10 | 10 | 325 | 6.90 |
Note: Keep in mind that all figures are in pesos. The net fee is only applicable after discounts and rebates have been applied. Suki Points, on the other hand, are Palawan's reward points for loyal customers.
Central and Northern Luzon Palawan Express Rates
| SEND AMOUNT | RATES & CHARGES | DISCOUNTS | REBATES | NET FEE (for discounts and rebates) |
SUKI POINTS |
|---|---|---|---|---|---|
| 1-100 | 3 | - | - | 3 | 0.06 |
| 101-200 | 5 | 1 | - | 4 | 0.10 |
| 201-300 | 8 | 1 | - | 7 | 0.16 |
| 301-400 | 12 | 2 | - | 10 | 0.24 |
| 401-500 | 15 | 2 | - | 13 | 0.30 |
| 501-600 | 17 | 2 | - | 15 | 0.34 |
| 601-700 | 20 | 2 | - | 18 | 0.40 |
| 701-800 | 21 | 2 | - | 19 | 0.42 |
| 801-900 | 23 | 2 | - | 21 | 0.46 |
| 901-1000 | 25 | 2 | 1 | 22 | 0.50 |
| 1001-1500 | 40 | 2 | 1 | 37 | 0.80 |
| 1501-2000 | 50 | 3 | 2 | 45 | 1.00 |
| 2001-2500 | 65 | 3 | 2 | 60 | 1.30 |
| 2501-3000 | 75 | 3 | 2 | 70 | 1.50 |
| 3001-3500 | 90 | 3 | 3 | 84 | 1.80 |
| 3501-4000 | 100 | 3 | 3 | 94 | 2.00 |
| 4001-5000 | 110 | 4 | 4 | 102 | 2.20 |
| 5001-6000 | 135 | 5 | 5 | 125 | 2.70 |
| 6001-7000 | 150 | 5 | 5 | 140 | 3.00 |
| 7001-8000 | 165 | 6 | 6 | 153 | 3.30 |
| 8001-9500 | 185 | 6 | 6 | 173 | 3.70 |
| 9501-10000 | 195 | 7 | 7 | 181 | 3.90 |
| 10001-14000 | 210 | 8 | 8 | 194 | 4.20 |
| 14001-15000 | 220 | 8 | 8 | 204 | 4.40 |
| 15001-20000 | 250 | 8 | 8 | 234 | 5.00 |
| 20001-30000 | 290 | 9 | 9 | 272 | 5.80 |
| 30001-40000 | 320 | 10 | 10 | 300 | 6.40 |
| 40001-50000 | 345 | 10 | 10 | 325 | 6.90 |
National Capital Region Palawan Express Rates
| SEND AMOUNT | RATES & CHARGES | DISCOUNTS | REBATES | NET FEE (for discounts and rebates) |
SUKI POINTS |
|---|---|---|---|---|---|
| 1-100 | 3 | - | - | 3 | 0.06 |
| 101-200 | 5 | 1 | - | 4 | 0.10 |
| 201-300 | 8 | 1 | - | 7 | 0.16 |
| 301-400 | 12 | 1 | - | 11 | 0.24 |
| 401-500 | 15 | 1 | - | 14 | 0.30 |
| 501-600 | 18 | 1 | - | 17 | 0.36 |
| 601-700 | 21 | 1 | - | 20 | 0.42 |
| 701-800 | 24 | 1 | - | 23 | 0.48 |
| 801-900 | 27 | 1 | - | 26 | 0.54 |
| 901-1000 | 30 | 1 | 1 | 28 | 0.60 |
| 1001-1500 | 45 | 1 | 1 | 43 | 0.90 |
| 1501-2000 | 60 | 2 | 2 | 56 | 1.20 |
| 2001-2500 | 75 | 2 | 2 | 71 | 1.50 |
| 2501-3000 | 90 | 2 | 2 | 86 | 1.80 |
| 3001-3500 | 95 | 3 | 3 | 89 | 1.90 |
| 3501-4000 | 115 | 3 | 3 | 109 | 2.30 |
| 4001-5000 | 125 | 4 | 4 | 117 | 2.50 |
| 5001-6000 | 145 | 5 | 5 | 135 | 2.90 |
| 6001-7000 | 155 | 5 | 5 | 145 | 3.10 |
| 7001-8000 | 165 | 6 | 6 | 153 | 3.30 |
| 8001-9500 | 185 | 6 | 6 | 173 | 3.70 |
| 9501-10000 | 195 | 7 | 7 | 181 | 3.90 |
| 10001-14000 | 210 | 8 | 8 | 194 | 4.20 |
| 14001-15000 | 220 | 8 | 8 | 204 | 4.40 |
| 15001-20000 | 250 | 8 | 8 | 234 | 5.00 |
| 20001-30000 | 290 | 9 | 9 | 272 | 5.80 |
| 30001-40000 | 320 | 10 | 10 | 300 | 6.40 |
| 40001-50000 | 345 | 10 | 10 | 325 | 6.90 |
How to send money through Palawan Express?
To send money, simply go to the nearest Palawan Express branch and fill out the Send Money form. You must provide complete information, including the sender's and receiver's names and contact numbers, the amount to send, your relationship to the receiver, and the purpose.
After you complete the transaction, you will be given a slip. You must send the transaction code to your intended recipient to ensure that he or she receives the funds. You may also follow the instructions below:
- Go to the Palawan Express branch closest to you. You can find a branch near you by visiting https://www.palawanpawnshop.com/branch-finder.
- Fill out the 'Send Money' form with the following information: full Sender's name, Sender's cellphone number, transaction reason, and relationship to Receiver.
- Before handing the completed form to the branch associate, place it and a valid governmetn-issued ID on the tray provided at the counter.
- Wait for your name or surname to be called before paying the full amount and the corresponding charges.
- Sign and receive a copy of the Send Money Form or transaction slip generated by the computer.
Note: You will receive a text message informing you that your intended recipient has already claimed the funds, along with the transaction code. Send the transaction code to the intended recipient.
How to claim money from Palawan Express?
To claim or receive money, a recipient must complete the Receive Money form and provide complete details such as transaction code, sender's name, amount sent, relationship to sender, and purpose. You must bring a valid ID.You may also follow the instructions below:
- Go to any Palawan Pawnshop or Palawan Express Pera Padala beach near you.
- Fill out the 'Receive Money' form and provide the following information: complete Sender's Name, complete Receiver's Name, Transaction Code, amount to claim, transaction purpose, and relationship to Sender.
- Before handing the completed form to the branch associate, place it and your valid government-issued ID on the tray provided at the branch counter.
- Sign and receive your copy of the Receive Money Form generated by the computer.
- Before leaving the branch, make sure to double-check and count your money.
What are the valid IDs accepted by Palawan Express?
All valid government-issued identification cards are accepted by Palawan Express. You may check below for the list provided by their website:
| Accepted IDs | |
|---|---|
| Driver's License | Home Development Mutual Fund (HDMF) |
| Philippine or Foreign Passport | NBI Clearance |
| Professional Regulation Commission (PRC) ID | Police Clearance |
| Integrated Bar of the Philippines (IBP) | Voter's ID and Voter's Certificate with Picture |
| Postal ID | Senior Citizen ID |
| Seafarer's Identification and Record Book Seaman ID | School ID with Validation |
| Alien Certificate of Registration (ACR) / Immigrant Certificate of Registration (ICR) | Philhealth Insurance Card |
| Government Office And GOCC ID (Example: Firearms License Issued by AFP) | Company ID |
| Person With Disability (PWD) ID | Barangay ID |
| Government Service Insurance System (GSIS) E-Card | Barangay Clearance or Certificate |
| Social Security System (SSS) Card | Tax Identification Number (TIN) ID |
| Unified Multi-Purpose Identification (UMID) Card | DSWD Certification or 4Ps ID |
| Overseas Workers Welfare Administration (OWWA) ID | Philippine Identification Card (PhilID) |
| Pag-Ibig Loyalty Card |
Frequently Asked Questions (FAQs) about Palawan Express:
Where else can I claim money besides Palawan Pawnshop branches?
You can claim your Palawan Express remittance transaction at any of their authorized agents or domestic partners, including LBC, SM, and Robinsons Mall.
What should I do if I am unable to send money personally?
You can send money through an authorized representative if you cannot personally go to a Palawan Express branch. Simply bring the following.
- Signed authorization letter;
- Valid Authorized Representative ID; and
- Valid Sender ID.
Is it possible to claim money even after a week or more?
Yes. You can claim your money whenever you want. Just keep in mind that remittances not received within 30 days are subject to a monthly handling fee of $30.00 or 1% of the principal amount (whichever is higher).
What should I do if I don't receive a text notification?
The text notification you receive is system-generated and only available to the sender and receiver of Palawan Express. If a mobile number is entered, both the sender and the recipient will receive a text message. If no message is received, such notification is not required to claim the money. Simply request the transaction code and other details from the sender.
How do I cancel a failed money transfer transaction?
If the receiver does not claim the money, it may be canceled. Simply bring your 'Send Money' form and a valid ID to any Palawan Express location. Only the principal amount is refundable upon cancellation.
How can I check my money in Palawan Express?
Palawan Pawnshop safeguards all money remittance information. Only the sender has access to the full transaction details, including the amount sent to the receiver and the transaction code. You must obtain the sender's information in order to check your money in Palawan Express and claim it.
Do I need a valid ID to send or receive money?
Yes. The sender and receiver are required to present a valid ID in accordance with the "Know Your Customer (KYC)" procedures of Palawan Pawnshop and its authorized agents in accordance with the policies of the Bangko Sentral ng Pilipinas (BSP).
Do I need to provide complete information in order to receive the money?
Yes. The receiver must be aware of all the transaction details, such as the transaction code, sender's name, cell phone number, amount, transaction purpose, and relationship with the sender.
Can someone else claim the funds on my behalf?
If the receiver is unable to visit the branch in person, the money can still be obtained through the assistance of an authorized representative. Simply bring the following items:
- Signed authorization letter (with complete transaction details);
- Valid ID of the receiver; and
- Valid ID of the representative.
Keep in mind that the authorized representative can only claim money sent via domestic remittance and the value must not exceed P10,000.
Can I get the money even though I don't have a valid ID?
No, a valid ID is required to ensure that the transaction is delivered to the intended recipient. You may check the list of IDs accepted by Palawan Express here.
Is there any other way to check the status of the remittance?
You will only receive a text message when the money has been sent and is ready to be claimed. As a result, the sender's and receiver's contact information must be included in the transaction details.
Conclusion
It's easy to send money through Palawan, you just need to go to their branch and fill out a transaction form. Apart from the availability of its branches throughout the Philippines, an individual can send money to their loved ones at an affordable rate. If you want to send money from Palawan to GCash, you may read this article: How to send money from Pawnshops like Palawan to GCash. —iTaclobanReference:
Palawan Pawnshop Pera Padala