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Remittance Options - Express Padala
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Equitable Bank's Express Padala Service

1. What is Express Padala?

 
It is a fund transfer service that allows you to fund your property purchase via your own Phil. Peso Savings Account. We shall assist you in opening up a Peso denominated Account in Equitable PCI bank. This account will be in your name. You do not have to be in the Philippines to open an account. We can do this for you via the steps below.

Every month, Equitable will automatically debit your Peso account and remit to Century the amounts indicated in your reservation agreement or contract. This is called an auto debit feature, much like how customers in the USA pay their electricity, cable and phone bills via auto-debit arrangements with their banks.

You shall then fund your Peso account via monthly, quarterly or semi-annual remittances, to cover up for the monthly remittances that equitable will send to Century
   

2. What are the steps to follow?

a)

In order to confirm your unit reservation, your servicing Agent shall send you the following documents for your signature:

i. Pro-forma or Reservation Agreement

ii. Buyer's Information Sheet

b)

Go to your nearest local bank or express Padala center and remit P 60,000 plus the bank charges to the following Century Communities Corp. Account.

(To see location of all Express Padala Centers click here)

Bank: Equitable PCI Bank
Branch: Pacific Star
Address:
G/F Pacific Star Bldg. Sen. Gil Puyat corner Makati Avenues, Makati City, Philippines.

Account Name: Century Communities Corp.
Account No.: US$ SA No. 2279-01077-1
SWIFT Code: PCIB PHMM
Telephone No.: (632) 811-5939 / (632) 811-5225

Attention: (Contact Person)
1. Ms. Reign Ynez
Equitable PCI Bank Branch Manager
Pacific Star Bldg. Branch
Tel. No.: (632) 811-5939

2. Ms. Arlene Geronimo
Equitable PCI Bank Branch Service Officer
Pacific Star Bldg. Branch
Tel. No.: (632) 811-5567

Incoming Charges: $10 bank correspondence, 1/8 of 1% (.00125) of amount over $10,000

P 50,000 of said remittance will be credited as the Reservation Fee for your unit while the P 10,000 will serve as your initial amount to open a Philippine Peso Savings Account in your name. Said Savings Account shall then be used to facilitate your payments.

c)

You shall then get a copy of the duly accomplished fund transfer form or confirmation form from your bank regarding the P 60,000 you just remitted.

d)

After your remittance, you are to send via FAX , a copy of the following documents:

- Remittance for the P60,000
- Signed Pro-forma
- Buyer's Information Sheet, and
- Copies of 2 valid IDs (passport, driver's license, company ID, etc.; preferably with photo and specimen signature)

TO:

Fax No. : (632) 893-6806
CENTURY COMMUNITIES CORPORATION

Attention: Ms. THAY HERNANDEZ
Project Coordinator

e)

Upon our receipt of your P 60,000 initial remittance plus the copies of the above-mentioned documents required in Step (d), we shall send you the following forms for your signature in order to facilitate opening your Phil. Peso Savings Account:

- New Accounts Record Form
- Signature Cards
- Auto Debit Account Enrollment Form
- Reservation Agreement

f)

You are to fill up and sign said forms and return ALL COPIES to CENTURY COMMUNITIES CORP. via FEDEX, UPS , DHL, or any international parcel service that provides a tracking number for parcels sent through them to:

Attention : Ms. THAY HERNANDEZ
Project Coordinator

CENTURY COMMUNITIES CORP.
21/F Pacific Star Building
Sen. Gil Puyat Avenue corner Makati Avenue
Makati City, Philippines 1200

NOTE: It is important to keep track of your tracking number in order to trace the route of your parcel.

g)

As soon as we receive all the documents in Step (e), we shall then open a Phil. Peso Savings Account in Equitable-PCI Bank in your name. This shall be done by submitting P 10,000 of your initial remittance to us as per Step (b) and the forms/documents as per Step (e) to Ms. Rainelda Inez of the Equitable-PCI Bank Pacific Star Branch.

h)

Soon after, Ms. Hernandez shall send you a letter informing you of the account details of your Phil. Peso Savings Account with Equitable-PCI Bank which you may now use for the Express Padala, Likewise, she will be forwarding to you a signed copy of your Reservation Agreement for your file

3. Fund your local Peso account regularly

 
We encourage you to remit your payments to your Phil. Peso Savings Account on a regular and timely basis (monthly, quarterly or semi-annually) in order to cover for your scheduled amortizations as stated in your reservation agreement. For questions or concerns, you may call Ms. Thay Hernandez, within business hours, via telephone no. (632) 818-3361 loc. 710