Metropolitan Bank & Trust Company (Metrobank), one of the leading financial institutions in the Philippines, joins Western Union’s growing network of partners powering international money transfer payouts into bank accounts.
With this activation, receivers of international money transfers in the Philippines can benefit from Western Union’s real-time[i] account payout capabilities to bank accounts in the country. Global senders can continue to send money using Western Union’s digital services in more than 75 countries and territories or via Western Union’s retail Agent network in more than 200 countries and territories.
Over the last few years, Western Union has been accelerating connections to bank accounts ensuring robust connectivity for customers. Globally, Western Union has the capability to send to billions of bank accounts, including wallets and cards, across more than 125 countries and territories, with real-time capabilities in 100 of these countries. Additionally, it also offers payout in cash in approximately 600,000 retail locations in 200+ countries and territories.
According to the World Bank, in 2020, the Philippines was one of the top five remittance-receiving countries in the world. Western Union serves customers via a range of retail and digital solutions in the Philippines, facilitating convenient service access for all. Currently, Western Union agent retail network in the Philippines extends to more than 22,000 locations[ii].
