The Land Bank of the Philippines has tied up with Poste Italiane, the Italian government post office, to bring remittance service closer to Filipino workers in Italy.
Poste Italiane has 14,000 branches all over Italy and Filipinos can transact their remittance business with any of these branches, whether they have an existing account with Landbank or not.
Government-owned Landbank also has partnerships with Korea Post and Japan Post.
According to Landbank OFW Remittance Group head Roberto Vergara, remittance activities with the Japanese partners are going smoothly and gaining momentum despite the calamities that hit Japan in March.
“Even after the calamity in Japan, remittance inflow remained strong,” said Vergara.
Filipinos in Japan are sending remittances via 233 Japan Post bank branches and 7,000 post offices with international services.
Funds credited to Landbank accounts can be withdrawn from any of the bank’s 900 ATM’s all over the country.
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