I-Remit, Incorporated (I-Remit), the largest non-bank remittance company continues to expand and strengthen its business by entering a service agreement with the Philippine National Bank to better meet the needs of Filipinos abroad. This strategic tie-up with one of the largest banking institutions in the Philippines will allow I-Remit to further carry out remittance collection services for overseas Filipino workers to their beneficiaries back home.
“We place high priority in strengthening our marketing, and in expanding our disbursement channels both locally and internationally, in line with our growth strategy,” explained Harris Jacildo, president and COO of I-Remit, Inc.
Under the agreement, I-Remit will handle PNB’s remittance transactions for customers who need to send money, from their overseas locations to the Philippines. This will be done by crediting the accounts and facilitating the claiming of funds from any PNB branches, agents and pay-out partners in the Philippines.
“By adding Philippine National Bank to our remittance distribution platform, we are bringing a higher level of true convenience for our customers because of the bank’s extensive number of outlets nationwide,” said Jacildo.
To date, PNB remains as one of the largest banks in the country with a wide array of competitive banking products to address the diverse needs of its clientele, which includes more than 2 million depositors. This collaboration with PNB is consistent with I-Remit’s mission of maintaining long-term customer relationships by providing value for money, and quality products and services.
“This reaffirms our commitment to continuously offer convenient remittance solutions to match our customers` needs. We are very pleased to partner with PNB in serving Filipinos abroad better,” added Jacildo.
Currently, I-Remit operates in 25 countries and territories worldwide through its wholly-owned subsidiaries, partners and tie-ups.