LBC Express Inc., the Philippines’ largest courier, logistics and remittance company teamed up with First Gulf Bank of the United Arab of Emirates to offer customers an installment payment scheme at zero percent interest for cargo services.
“We are proud to announce our tie-up with FGB, allowing customers to settle cargo services in easy installment payments using their FGB credit cards,” said LBC vice-president for the Middle East Mark Agalo-os.
The installment payment scheme is available for sea cargo, air cargo, Express Air and rest of the world services. UAE residents can take advantage of the service to send packages to 236 destinations across the globe.
“As part of FGB’s commitment to provide the best innovative products and services to our customers, it is a privilege to collaborate with LBC Express to offer an accessible payment scheme for cargo services for all UAE residents,” said Girish Advani, head of personal banking at FGB.
“This innovative product, which is the first of its kind in the UAE, provides customers with convenient payment terms for courier services based on their preferred instalment plan,” Advani said.
“As we continue to present better user experience, consumers of this service also have the added advantage of a simple fee structure, enabling them to send packages to families and loved ones without having to worry about making an upfront payment,” he said.
Customers can choose to pay within three, six, nine or 12 months. “Our valued clients can send as many packages and parcels, as well as choose from any of the monthly payment options for a minimum requirement of 150 Dirham. It is like easily sending cargo for less than 15 Dirham per month up to 12-month installment,” Agalo-os said.
FGB credit card customers can now redeem their earned reward points against LBC discount vouchers as part of the FGB Rewards program.
“LBC Express has always been a customer-centric organization and working to offer UAE residents world-class services along with best industry rates. Our new scheme makes our proposition far more exciting,” Agalo-os said.
LBC Express has presence in over 25 countries worldwide including the Middle East.
The region contributes more than 25 percent of the retail international business, attributing close to half of the sales from the UAE. The company covers five countries and operates nine branches in the region, including three in the UAE, three in Saudi Arabia, one in Kuwait, one in Qatar and one in Bahrain, in addition to an agent network base in 1,000 locations throughout Gulf Cooperation Council countries.