MoneyGram, a global money transfer company, has inked a new agreement with Landbank of the Philippines to enable international money transfer services at over 300 Landbank branches in the Philippines.
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MoneyGram comprises over 10,000 agent locations across the country, and the new agreement expands its receive locations footprint.
For receiving money in the Philippines, customers will have to go to a MoneyGram agent location, complete a form, give their reference number as well as show a photo identification to receive their remittances.
Following this process, the funds can be collected in minutes upon sending, subject to agent availability, hours of operation and local laws and regulations.
MoneyGram’s executive vice president, business development Grant Lines said: "MoneyGram and Landbank are both focused on innovation which makes us natural collaborators to deliver financial services across the Philippines.
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By GlobalData"Adding Landbank to our network in the Philippines enables us to expand our reach in the country."
