Notice of DBS Billing Changes for StarHub Cable Vision Ltd and StarHub Internet Pte Ltd Customers

    

For those who are subscribers of StarHub Cable/Broadband and are paying via DBS, this is for you:

StarHub has consolidated all customers’ accounts into an integrated system and StarHub Ltd will be billing on behalf of StarHub Cable Vision Ltd and StarHub Internet Pte Ltd.

As a result, effective from 01-Nov-2010, bill payment service for StarHub Cable Vision Ltd and StarHub Internet Pte Ltd will be discontinued.

If you have an existing Bill Payment Arrangement for StarHub Cable Vision Ltd or StarHub Internet Pte Ltd:

• Please delete your existing Bill Payment Arrangement and replace this with StarHub Ltd as the new Payee and StarHub Account No as new Consumer Reference No.
• Please do not create any new Bill Payment instructions for StarHub Cable Vision Ltd or StarHub Internet Pte Ltd

If you have already created a Post Dated Billing arrangement involving StarHub Cable Vision Ltd or StarHub Internet Pte Ltd:

• Please delete this Bill Payment instruction and create a new instruction with StarHub Ltd as the new Payee and StarHub Account No. as the new Consumer Reference No. We will not be able to process any Bill Payment instructions to StarHub Cable Vision Ltd and StarHub Internet Pte Ltd after 01-Nov-2010

Details of the StarHub Cable Vision Ltd and StarHub Internet Pte Ltd billing changes can be found at www.starhub.com/newbill.

Singapore OFW: FAQs on the Pag-IBIG Fund

Under Republic Act 9679, Pag-IBIG membership is now a requirement for the issuance of the Overseas Employment Certificate (OEC). Beginning July 18, 2010 the Philippine Overseas Labor Office (POLO - Singapore) will collect Pag-IBIG membership dues prior to the issuance of the OEC.  This arrangement will provide more OFWs greater access to the huge benefits available only to members. These benefits include the provident savings, multi—purpose, calamity and housing loans.

Who should register with the Pag-IBIG Fund as members?

With the signing of Republic Act No. 9679, effective January 1, 2010 membership to the Fund shall be mandatory for the following:

• All employees, workers, professionals, officers and companies who are compulsorily covered by the SSS and GSIS
• Uniformed members of the Armed Forces of the Philippines, the Bureau of Fire Protection, the Bureau of Jail Management and Penology, and the Philippine National Police
• All members of the judiciary and constitutional commissions
• Overseas Filipino Workers (OFWs)
• Filipinos employed by foreign-based employers, whether deployed locally or abroad.

How much is the Pag-IBIG contribution?

The initial monthly contribution is SGD 5.50. The peso equivalent at the time of payment will apply and credited to the member’s account.

Sample Computation:

Forex: SGD 1.00 = Php 33.00

Initial Pag-IBIG contribution: SGD 5.50

Multiply by: Php33.00

Amount credited to member’s fund: Php181.50

What are the benefits of being a member of the Pag-IBIG Fund?

A Pag-IBIG member will enjoy the following benefits:

• Savings

  The contributions that an OFW member makes are credited to his Total Accumulated Value (TAV) or savings which are fully guaranteed by the national government.

  The member’s savings earn annual dividends that are tax-free. The dividend rate varies depending on the net income of the Fund at yearend. For 2009 Pag-IBIG declared P8.5 billion in total dividends giving members a dividend rate of 5% on their savings.

  Pag-IBIG savings are also portable, meaning, these remain in the name of a member even if he transfers employers, works abroad or becomes self-employed or even unemployed.

• Short-Term Loan

  A member is entitled to borrow short-term loans offered by the Fund to help address immediate financial needs.

• Housing Loan

  A member of good standing may avail of a Pag-IBIG home financing loan from the Fund with some of the lowest interest rates in the market, and repayment terms of up to 30 years. Pag-IBIG housing loans offer low monthly amortizations, making it possible for even low-salary employees to benefit from the program.

When can a Pag-IBIG member registered under the Mandatory Coverage (Pag-IBIG 1), withdraw his/her contributions?

A member may claim his Total Accumulated Value (TAV) after 20 years of membership with the Fund and after having made a total of 240 monthly contributions.

A member may also withdraw his savings before the 20-year maturity under these valid grounds:

    * Retirement
    * Permanent departure from the country
    * Permanent or total physical disability
    * Insanity
    * Death of the member
    * Termination from service by reason of health
    * Optional withdrawal after 10 or 15 years of continuous contributions

What are the requirements to become a Pag-IBIG 1 member?

1. Filled up Members Registration Form (Download MRF)
2. Present original or photocopy of Philippine Passport / NRIC / E Pass / S Pass / Work Permit

What proof should the Pag-IBIG 1 member bring on applying for OEC?

1. Valid Pag-IBIG Fund receipt or
2. Latest Pag-IBIG payment made to our accredited remittance center / banks.

Note: Member must have a payment for the past six (6) months. 

How can OFWs register under the Mandatory Coverage (Pag-IBIG 1)?

OFWS may register through the Pag-IBIG desks located at:

1. Philippine Embassy – Singapore: Counter 4
2. Lucky Plaza 2nd floor Unit 45 Lucky Plaza
3. Lucky Plaza 3rd floor Unit 69 (during Sunday only)

Where can I pay for my Pag-IBIG contributions?

For Pag-IBIG numbers with T-Series number, you may pay directly to:

1. Metro Remittance (S) Pte Ltd- #03-30 Lucky Plaza
2. Iremit (S) Pte Ltd – #03-69 Lucky Plaza
3. Philippine National Bank – #03-02/07 Lucky Plaza

For Pag-IBIG numbers with MID or 12 digit number, you may pay directly to:

1. Metro Remittance (S) Pte Ltd - #03-30 Lucky Plaza
2. Iremit (S) Pte Ltd – #03-69 Lucky Plaza

For more details, contact:

Mr. Eric E. Elloso, Information Officer
Tel.No. (+65) 6737 0307
Mobile No. (+65) 9423 6535
Email: popsingapore@pagibigfund.gov.ph

POSB MySavings Account now linked to your existing POSB/DBS ATM/Debit card

DBS announced that clients who have MySavings Account, a special automatic monthly savings feature that let you save with ease and flexibility by moving a specified amount from your DBS/POSB Savings Account on a monthly basis, can now perform the following transactions from their MySavings Account:

• Phone Banking - Perform funds transfer from MySavings Account to POSB/DBS accounts. All you need is a Phone Banking user ID and PIN.


• ATM - Withdraw cash or perform funds transfer from your MySavings Account at any POSB/DBS ATM.

DBS added, note for existing MySavings Account holders:

MySavings Account will be automatically linked to all your existing ATM/Debit card by 22 June 2010. If you do not have an existing ATM/Debit card, please mail the completed POSB Self-Service Banking Services application form to us today!

If you do not want to link your MySavings Account to your cards, you could remove the linkage by:

Contact us at 1800 339 6666 and we will process your request within 3 working days or visit any POSB branch

Before June 22, you can only withdraw on your MySavings over the counter by visiting a bank branch. This is feature and it discourages you to withdraw money because it is supposed to be your saving. But by introducing Phone/ATM fund transfer and withdrawal, it may lessen the effectiveness of MySavings.

POSB iB Message’s SMS Notification services

From 14 June 2009, when you successfully complete the following transactions, for added peace of mind POSB will send an SMS notification:

• Add New DBS/POSB Payee
• Add New Other Bank Payee
• Funds Transfer To Other DBS/POSB A/C*
• Funds Transfer To Other Bank*

You need to update your mobile number for the Internet Banking Message Service (iB Message) at any DBS/POSB ATM.

*For transactions of S$2,000 and above.

DBS/POSB System Upgrading Maintenance (July)

Got this from DBS/POSB:

Please note that we will be upgrading our system to serve you better on:

Date: 6 July 2009
Time: 00:00 a.m. to 03:00 a.m.

During this period, the following Credit Cards and Cashline services will be temporarily unavailable:
- Account/ Statement enquiry
- Funds Transfer/ Bill Payment
- Cash Withdrawals

We apologize for any inconvenience caused and thank you for your understanding to this matter.

DBS/POSB Customers: Stand to win a HTC Dream Phone today!

 

Calling all DBS/POSB and iBanking customers. Simply update your personal contact information (email and mobile number) at any DBS/POSB branch, and you could win yourself a HTC Dream Phone with a 24 month 3G Flexi Lite plan with SingTel (worth S$1194)!

This promotion is only valid from 1 June 2009 to 31 August 2009, so don't miss out on this amazing draw!

The following persons/parties are not entitled to participate in the Draw:

1. Employees of the Bank or its subsidiaries and their immediate family members;
2. Employees of advertising agencies and any other parties who are directly involved in organizing, sponsoring, promoting or conducting the Draw; and
3. Estates of deceased customers.

iRemit will now accept payments to Pag-IBIG Fund

This is indeed good news for those who are paying their Pag-IBIG contributions and loan payments via manual payment method.

MANILA, Philippines - Starting June, iRemit will allow its customers – mainly Filipinos working abroad – to remit and credit their housing payments to the Pag-IBIG Fund, an agency that helps Filipinos purchase their own homes.

Under an agreement with the Home Development Mutual Fund (HDMF) also known as Pag-IBIG Fund, iRemit will use the agency’s electronic collection system (ECS) to handle remittance transactions and credit "Fund members’ contributions and loan amortizations."

Compared to the conventional process of accepting payments manually, the electronic collection system features the electronic capture of payment information, iRemit said in a statement sent to the Philippine Stock Exchange (PSE).

Contributions and loan payments settled by the members thru iRemit are transmitted instantly to Pag-IBIG fund for valid transaction entries.

Once the payment transaction is processed, the data is automatically recorded / documented in the ECS system that also generates and forwards an electronic proof of payment or EOR to iRemit.

The facility also allows secure access, and creates, retains and safeguards the resulting detailed transaction records which can be accessed only by authorized personnel.

The new arrangement was enabled since iRemit serves as an accredited non-bank remittance agent of the Pag-IBIG Fund.

The new service was also introduced as part of Pag-IBIG Fund’s Pag-IBIG Overseas Program (POP) for members, iRemit said.

The improved electronic collection system facility “seeks to expand and improve Pag-IBIG’s collection infrastructure in countries where there are significant numbers of Filipino workers," Bansan Choa, iRemit’s chairman and chief executive officer said in the same statement.

Overseas Filipino Workers (OFWs) encountering difficulties in settling their dues “may [also] request to have their loans restructured and may continue paying their arrears under Pag-IBIG’s new condonation program," Choa said.

The new electronic collection facility will be available in all iRemit branches and tie-ups in 25 countries in the Asia Pacific, Europe, North America, and the Middle East.

Source: GMANews.TV