M Lhuilier and US based Wells Fargo announced their partnership in providing remittance services to US based customers to send money to the Philippines. Filipinos based in the US who send money to their loved ones in the Philippines will benefit from this partnership between two leading service providers. Customers can send up to 1,000 USD a day to their beneficiaries in the PH at a low transaction fee. The beneficiaries can claim their remittance from any of the M Lhuilier agents distributed across the archipelago.
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In 2011, 22% of the total foreign remittances came from sea-based migrant
Filipino workers amounting to 4 billion US dollars.
Filipinos account for over 25...