Overseas Filipino workers are hailed as modern-day heroes due to their pivotal role in the Philippine economy and their contribution to improving their families’ livelihoods. Their remittances play a significant part in boosting the country’s growth.
In 2022, the remarkable achievements of OFWs in remittances were evident. Recent data from the Bangko Sentral ng Pilipinas revealed a record-breaking amount of USD 36.1 billion (PHP 2.0 trillion) in remittances, representing a 3.6% increase from the previous year. These remittances accounted for 8.9% of the country’s gross domestic product, underscoring the crucial role played by OFWs in sustaining the Philippine economy.
The Philippines proudly holds the fourth-largest rank globally in terms of remittance recipients, as recognized by the World Bank. This distinction highlights the substantial contribution of OFWs to the Philippine economy. Their unwavering dedication allows them to support their families’ dreams, such as providing education for their children, acquiring properties, or starting their own businesses.
With this in mind, Palawan Express Pera Padala (PEPP) International Remittance continuously strives to deliver world-class services that simplify the remittance process for OFWs and their families. Their commitment to providing tailored options, aligned with the beneficiaries’ needs, perfectly embodies their mission of offering “Mura, Mabilis at Walang Kuskos Balungos na Serbisyo” (Affordable, Fast, and Hassle-free Service). By prioritizing the customer experience, PEPP ensures that sending and receiving remittances is seamless and efficient.
Remittance companies, such as PEPP International Remittance, act as a vital link, facilitating the transfer of hard-earned funds from OFWs to their families and loved ones in the Philippines. To further strengthen their objectives and best serve their clientele, PEPP International Remittance organized the Global Ang Galing Natin Summit in Puerto Princesa City, Palawan from June 30 to July 1, bringing together key stakeholders in the international remittance industry and showcasing their accessible, fast, and convenient remittance services along with world-class partnerships and innovative offerings.
PEPP International Remittance is one of the most trusted and preferred cash pick-up network partners of top international remittance companies, renowned for its affordability, speed, and accessibility. With an extensive network of over 6,000 branches nationwide, PEPP International Remittance ensures fast cash disbursement and constant availability of funds for remittance. Additionally, PEPP branches are recognized for their exceptional customer service, delivered by friendly and knowledgeable staff. The International Remittance service offers valuable benefits to OFW beneficiaries, they can avail of free insurance for every international remittance claim. In the near future, the service will also be accessible through PalawanPay, providing added convenience for OFW families in their financial transactions, including bill payments, QR payments, e-loading, and online fund transfers.
During the Global Ang Galing Natin Summit, valuable partners, including Ace Forex HK, Al Ansari Exchange LLC, AUB, Bank Of Philippine Islands, BDO Unibank, China Banking Corporation, Continental Exchange Solutions, Inc., EMQ Ltd, Worldremit Ltd., Instant Cash FZE, Japan Remit Finance, LBC Express, Metropolitan Bank and Trust Company, Pacific Limited, Philippine National Bank, Remitly, TML Remittance Center Sdn Bhd., Rizal Commercial Banking Corporation, Tranglo, Uniteller Filipino, Universal Storefront Services Corporation, Western Union Processing Services & Xoom Global Money Transfer, joined in proactive discussions on providing relevant, convenient, and value-added services to their clientele.
During his speech at the Global Ang Galing Natin Summit, Palawan Pawnshop – Palawan Express Padala Founder and President, Bobby Castro, shared the humble beginnings of the company in 1985 when he and his wife, Angelita Castro, acquired the Palawan Pawnshop business. Motivated by a burning passion to succeed, they poured all their energies into growing the business. Today, PEPP has become a significant player in the remittance and pera padala industry.
“This summit has been a true milestone in our journey where we have successfully fostered collaboration, shared insights during breakout sessions, and built stronger partnerships. Looking back, our company’s history has been a testament to adapt and to innovate from our humble beginnings to becoming a market leader,” expressed PEPP’s Roberto Ben Castro, Business Development and Corporate Services Director, during his speech at the Global Ang Galing Natin Summit.
“We sincerely appreciate the support and collaboration of our esteemed international remittance partners in making PEPP International Remittance the leading and widely used cash pick-up center of international remittance companies in the Philippines. By synergizing our efforts and passion to serve the OFWs, we can truly make a difference in their lives. Together, we will continue to empower and uplift our OFWs worldwide,” said Bernard Kaibigan, Enterprise Marketing Head of Palawan Pawnshop Group.
The summit strengthened their ties with international remittance partners and reinforced their commitment to providing world-class customer service to their stakeholders, especially their loyal clientele.
Palawan Pawnshop, Palawan Express Pera Padala, and PalawanPay are supervised by the Bangko Sentral ng Pilipinas. For more information, go to Palawan Pawnshop and PalawanPay Websites.
