RCBC TELEMONEY INCREASES DOMESTIC PRESENCE WITH PALAWAN PAWNSHOP
Photo shows: (from left) RCBC First Vice President and Head of Overseas Filipino Banking Alvin V. Antonio, RCBC Executive Vice President and Head of Global Transaction Banking Group (GTBG) Gary B. Villanueva, Palawan Pawnshop Executive Vice President Angelita M. Castro, Palawan Pawnshop Vice President and Head of Finance and Control Lilian Castro-Selda, and Palawan Pawnshop Adviser for Market Development and Board of Director Lisa Lou Castro-Sabado.
MAKATI CITY-Rizal Commercial Banking Corporation (RCBC), one of the country's top universal banks, widened options of cash pick-up remittance centers for OFW beneficiaries in the country through a partnership between RCBC TeleMoney & Palawan Pawnshop.
The signing of the memorandum of agreement between both reputable parties also accredits the branding partnership for the RCBC MyWallet cards and adds to the wide network of reloading stations for its cardholders.
RCBC MyWallet is an all-in-one prepaid card that allows electronic banking transactions without a monthly maintaining balance.
Palawan Pawnshop has a wide network of over 1,100 branches located in 17 cities of Metro Manila and in 27 provinces all over the Philippines.
The joint venture aims to reach out to more card holders and tap more customers to use the remittance service. In the near future, RCBC is considering deployment of ATM machines in Palawan Pawnshop branches for fast and easy cash access.
RCBC TeleMoney offers a wide range of automated remittance services present in countries in the Asia Pacific, Middle East, North America and Europe.