The Metropolitan Bank & Trust Co. (Metrobank) has expanded its remittance service by partnering with leading global payments company MoneyGram International to extend its money transfer service to Filipinos abroad.
Metrobank was the first MoneyGram agent in the Philippines to implement AgentConnect, a platform integrating the money transfer service with the bank’s system. With this platform, beneficiaries receive cash more quickly and conveniently at any Metrobank branch. OFW beneficiaries only need to complete and...
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...