L-R: Ms. Jenny Lacerna – FVP Head of Global Marketing Group, Mr. Benjamin Oliva – FSVP Head of Global Banking, Mr. Joven Hernandez – EVP Head of Retail Banking, Mr. Daniel Ayala – EVP Global Remittance Service, Ms. Vanessa Barba – FVP Remittance network relationship manager
The Philippines National Bank (PNB) and Wells Fargo and company offers a new way of sending remittances that will benefit Filipinos in the US and their families here in country. Sending remittances is now easier with Wells Fargo’s network that has more than 9,000 stores and 12,500 ATMs across the 39 states in the US.
EVP Head of Retail Banking Mr. Joven Hernandez
“The Philippine National bank is one of the leading providers of remittance and other banking services to Global Filipinos and Wells Fargo is likewise recognized as a strong player in banking and remittance business. With this new arrangement, PNB can provide convenient remittance transactions between Global Filipinos and their loved ones here in the Philippines,” said PNB President and CEO Reynaldo Maclang.
FSVP Head of Global Banking Mr. Benjamin Oliva
“Furthermore, the Wells Fargo – PNB arrangement solidifies PNB’s remittance business strategy of shifting from the traditional brick and mortar presence to a more efficient business model. As a trusted banking partner of Global Filipinos, we are committed to answering our clients’ call for innovative solutions to their diverse banking needs,” shared First Senior Vice-President and head of the PNB Global Banking Group.
Mr. Benjamin Oliva – FSVP Head of Global Banking, Mr. Daniel Ayala – EVP Global Remittance Service, Mr. Joven Hernandez – EVP Head of Retail Banking, Ms. Jenny Lacerna – FVP Head of Global Marketing Group
The partnership allows Wells Fargo ExpressSend customers to send up to $3,000 USD per day. The money will be paid in Philippine pesos and can be received by beneficiaries at any of PNB’s 626 branch locations or credited to their PNB bank account. Funds can be conveniently sent by signing on to wellsfargo.com, by calling 1-800-TO-WELLS or by visiting Wells Fargo stores.
Executive Vice-President and head of Wells Fargo’s Global Remittance Services Daniel Ayala
“We know that remittances are very important to our customers and family and friends in the Philippines, and we know that convenience is an important part of the service we offer. By adding PNB, the 4th largest bank in the Philippines, we are able to expand our payout network, making it easier than ever for customers to support their family and friends in the Philippines,” said Executive Vice-President and head of Wells Fargo’s Global Remittance Services Daniel Ayala.
Mr. Benjamin Oliva – FSVP Head of Global Banking, Mr. Joven Hernandez – EVP Head of Retail Banking, Mr. Daniel Ayala – EVP Global Remittance Service, Ms. Vanessa Barba – FVP Remittance network relationship manager
The remittance fees start at $5, but with the new arrangement of PNB and Wells Fargo will waive transfer fees for ExpressSend remittance sent to PNB from an eligible Wells Fargo account through September 30, 2014.
