The Bank of the Philippine Islands (BPI) has partnered with Palawan Pawnshop, one of the leading money remittance companies in the country, to be its new Remit-to-Account (RTA) partner. The partnership enables Filipinos to send money straight to a BPI account through Palawan Pawnshop’s over 3,000 branches nationwide with greater speed and convenience.
“We are very glad to share with Palawan Pawnshop the very important goal of financial inclusion. This new arrangement, along with our prior collaboration ventures, truly makes the lives of our fellow Filipinos better by facilitating the delivery of funds from Palawan’s network via BPI’s network. This can be done even after banking hours, on holidays, and on weekends. This partnership demonstrates BPI’s commitment to provide more convenient solutions to address the financial needs of the communities and businesses that we serve,” said John-C Syquia, BPI’s Head of Institutional Banking.
