Western Union and BDO Unibank Tie Up to Expand in Philippines

Western Union, a leader in cross-border, cross-currency money movement, and BDO Unibank have extended their relationship to expand reach in the Philippines with more than 1,100 BDO Unibank branches now ready to pay-out Western Union® international money transfers from across the world.

The choice to offer money transfer services at retail builds upon existing services which enables customers to receive money directly into their BDO Unibank accounts. With this launch, customers that don’t have a BDO Unibank account may walk into any of the over 1,100 BDO Unibank branches or its rural bank subsidiary – One Network, Inc. (ONB), which has over 130 branches in Mindanao and the Visayas, and now, rapidly expanding across Luzon, to receive money from their loved ones.

Global money senders into the Philippines may use Western Union’s digital services in more than 70 countries and territories, or the walk-in Agent network in more than 200 countries and territories to send money for payout directly into BDO Unibank accounts or for pick-up at BDO Unibank branches.

BDO Unibank’s presence inside SM Supermalls provides greater access and convenience to customers as the branches are open until 7 pm including weekends and selected holidays.

“At Western Union, we connect families near and far away and help them move money across borders and currencies. We are excited to extend our service offering with BDO Unibank by building on our strengths to expand our network even further, providing a high-level customer experience,” said Sohini Rajola, Head of Network, Middle East and Asia-Pacific, Western Union.

“Our extended collaboration with Western Union is proof of our continuous commitment to make remittances from almost any part of the globe convenient to receive. Western Union has helped us in bridging not only Filipino workers from different parts of the world but also other global senders and their remittance beneficiaries in the Philippines, who can rely on us through our accessible and convenient cash pick-up locations. The Western Union-BDO Unibank collaboration delivers a kind of service that is reliable given the two institutions’ credibility and trust they have both earned through the years,” said Genie Gloria, Senior Vice President and Head – BDO Remittance.

BDO Remittance Business Development and Network Support SVP and Head, Ferdinand C. Bacungan, said: “We believe this collaboration with Western Union will provide a convenient channel for international money transfers. We are aligned with our shared vision of moving money for a better world and making it easier than ever for customers to move money in a way that fits their lives.”