24 December 2012
KUWAIT: Doha Bank, which has a branch in Kuwait, recently signed an agreement with Bank of the Philippine Islands (BPI) to help support cash remittances to The Philippines. Bank of the Philippine Islands (BPI) is the third largest private bank in Philippines and has more than 750 branches in its network and Doha Bank's customers will be able to transfer money online from their Doha Bank Account to their accounts with any BPI branch in The Philippines.
Customers can also send funds to beneficiaries having accounts with any other bank in Philippines or have beneficiaries collect cash from any BPI branch in the country. BPI has arrangements for door-to-door delivery of remittances. Doha Bank Group CEO Dr R Seetharaman said the tie-up with BPI will provide an opportunity to extend services to the Filipino community in Kuwait as well as in Qatar and the UAE where the service has been launched simultaneously. BPI Senior Vice President Raul D Dimayuga said the association with Doha Bank is a commitment towards providing cost effective services to Filipino nationals who live in Kuwait, Qatar and the UAE.
The arrangement enables them expand their remittance network in the GCC. The remittance service from Doha Bank is convenient and cost effective. It offers online transfer of money in Filipino Pesos. Doha Bank also offers remittances services to Middle Eastern countries including Egypt, Jordan, Turkey, and Yemen as well as other Asian countries like Bangladesh, India, Indonesia, Nepal, Pakistan, and Sri Lanka.
KUWAIT: Doha Bank, which has a branch in Kuwait, recently signed an agreement with Bank of the Philippine Islands (BPI) to help support cash remittances to The Philippines. Bank of the Philippine Islands (BPI) is the third largest private bank in Philippines and has more than 750 branches in its network and Doha Bank's customers will be able to transfer money online from their Doha Bank Account to their accounts with any BPI branch in The Philippines.
Customers can also send funds to beneficiaries having accounts with any other bank in Philippines or have beneficiaries collect cash from any BPI branch in the country. BPI has arrangements for door-to-door delivery of remittances. Doha Bank Group CEO Dr R Seetharaman said the tie-up with BPI will provide an opportunity to extend services to the Filipino community in Kuwait as well as in Qatar and the UAE where the service has been launched simultaneously. BPI Senior Vice President Raul D Dimayuga said the association with Doha Bank is a commitment towards providing cost effective services to Filipino nationals who live in Kuwait, Qatar and the UAE.
The arrangement enables them expand their remittance network in the GCC. The remittance service from Doha Bank is convenient and cost effective. It offers online transfer of money in Filipino Pesos. Doha Bank also offers remittances services to Middle Eastern countries including Egypt, Jordan, Turkey, and Yemen as well as other Asian countries like Bangladesh, India, Indonesia, Nepal, Pakistan, and Sri Lanka.
© Kuwait Times 2012
