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<PRNewswire> MoneyGram Extends Cash to Account Footprint in the Philippines

-- BPI's customers can now receive money directly to bank accounts

[편집자 주] 본고는 자료 제공사에서 제공한 것으로, 연합뉴스는 내용에 대해 어떠한 편집도 하지 않았음을 밝혀 드립니다.

(MANILA, Philippines, Nov. 4, 2016 PRNewswire=연합뉴스) MoneyGram [http://www.moneygram.com/ ] announced today the signing of a partnership agreement with Bank of the Philippine Islands (BPI). MoneyGram customers can send money directly to BPI bank accounts within minutes.*

"According to the World Bank, digital transaction platforms are driving financial inclusion in emerging markets around the globe," says Alex Lim, regional manager for Philippines at MoneyGram. "This partnership demonstrates MoneyGram's commitment to providing our customers with a seamless experience through our innovative money transfer technology."

"MoneyGram is a trusted brand for remittances with a strong worldwide network supported by a significant digital presence," says Roy Emil S. Yu, Head of BPI's Remittance Business Division. "Being one of the top banks for remittances in the Philippines, we are constantly seeking to tie up relationships that allow us to offer our customers the best remittance service. We believe that partnership with MoneyGram will certainly bring us closer to that goal."

Bank of the Philippine Islands, locally known as BPI, is the Philippines' first bank. It is the country's largest bank in terms of market capitalization.

"Thanks to BPI's longstanding history in the banking sector combined with unrivaled service quality, the bank has become the preferred brand for many Filipinos. Our partnership with BPI coupled with a new convenient way to receive money directly to a bank account will certainly support our OFW customers in achieving their goals and fulfilling their families' dreams," added Lim.

This cooperation strengthens MoneyGram's digital footprint in the Philippines - one of the world's largest remittance markets. According to the World Bank, in 2015 over $28bn flowed into the Philippines. This constitutes for 9.6% of country's GDP.

*Subject to agent's operating hours and compliance with regulatory requirements.

#moneygramnews

About MoneyGram International

MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Media contact:

Maria Bankiet-Kaminska

MoneyGram

Tel: + 48 (0) 22 377 2185

Mob: + 48 (0) 885 889 696

Mail: MbankietKaminska@moneygram.com

Logo - http://photos.prnewswire.com/prnh/20150730/251082LOGO

Source: MoneyGram

<저작권자(c) 연합뉴스, 무단 전재-재배포 금지> 2016/11/05 10:01 송고

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