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MoneyGram signs agreement with BPI

Published: 02 Nov 2016 - 05:22 am | Last Updated: 02 Nov 2021 - 05:12 pm
MoneyGram and Bank of the Philippine Islands (BPI) officials.

MoneyGram and Bank of the Philippine Islands (BPI) officials.

The Peninsula

MoneyGram recently announced the signing of a partnership agreement with Bank of the Philippine Islands (BPI). Now, 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 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 tie up relationships that allow us to offer the best remittance service.