I-Remit and Eurogiro sign cooperation agreement
I-Remit Inc. and Eurogiro have signed an agreement that significantly enhances the reach and service for overseas workers using the two networks.
I-Remit initially served Philippine overseas workers through physical out-lets and web-based channels. Today, I-Remit provides remittances from more than 26 countries and territories throughout the world, including in Indonesia and China.
Eurogiro, being a payments infrastructure that connects financial institutions such as postal banks, post organizations, commercial banks and other payment service providers foster business ventures among its members globally.
Michel Stuijt, CEO at Eurogiro, says: ‘I am very proud to welcome this top-class remittance company to our network. I-remit has excellent solutions for remittances and a reach that complements the reach of current Eurogiro members very well, not least in Asia. I am confident that the approach of I-Remit to serve their clients from a holistic perspective 24*7, where they even assist with access to the Philippine government social security programs will be very well appreciated by the Eurogiro members’.
I-Remit Chairman, Bansan Choa considers this partnership as another opportunity to serve our remitters better. He said: “We are always open to new and better ways to reach our clients and Eurogiro will definitely be a big boost towards reaching more overseas workers.”
From the signing on 9th October in Manila, from left to right: Bansan Choa (Chairman and Chief Executive Officer – I-Remit, Inc.), Harris Jacildo (President and Chief Operating Officer – I-Remit, Inc.), Michel Stuijt (Chief Executive Officer, Eurogiro) and Elizabeth Yao (Executive Vice President for Service and Operations, I-Remit, Inc.)
I-Remit, Inc., is the largest Filipino-owned non-bank remittance service provider and offers beneficiaries in the Philippines a Visa Card that features real-time crediting of remittances from abroad through its link to BancNet, Megalink and Expressnet ATMs and to Visa ATMs globally. The brick-and-mortar services are supplemented by I-Remit Direct that allow customers to conduct remittance transactions through any internet-enabled device. In the Asia region, I-Remit, Inc. partners with Bank International of Indonesia and Bank of China to service the remittance needs of Indonesian and Chinese workers.
Eurogiro members, with their extensive account base, dense branch network and business as well as consumer client portfolios offer I-Remit Inc. the potential for geographical expansion and further enhancements of their services.
I-Remit and Eurogiro share a vision to offer excellent remittance products and services to anyone, taking advantage of the newest technologies and fostering mutually rewarding business partnerships.
About I-Remit, Inc.
I-Remit, Inc., a remittance service provider, is a publicly listed company and regulated by the Bangko Sentral ng Pilipinas (BSP). It operates in 26 countries with a growing network of more than 1,000 remittance outlets consisting of subsidiaries, branches and tie-ups in Asia Pacific, Europe, Middle East and North America. I-remit has strategic partnerships with Bank International of Indonesia and Bank of China.
About Eurogiro
Eurogiro is a global payments network provider. Eurogiro promotes the development of innovative solutions in the field of international payments for any type of customer through its members and partners. Eurogiro members cover more than 50 countries in all continents. Eurogiro is a limited public company since 1993.