LBC Express Inc. and Opportunity Kauswagan Remit (OK Remit), Inc., a pro-poor remittance company, have sealed a partnership that will strengthen and integrate their remittance service and presence in their respective territories — from the highly urbanized to the extremely rural.
The innovative alliance of the two giants in remittance service solutions, allows customers to encash money at any LBC or OK Remit branch near them. It is a win-win deal for customers of both companies. LBC has a very strong presence in the metro, and other highly urbanized areas while OK Remit has been highly operational in rural locations with the help of microfinance institutional NGOs.
“We think that the product offerings and services of both OK Remit and LBC complement each other in such a way that both show a more well-rounded approach to make things more available for the customers. Like for accessibility as an example — while LBC is the starting touchpoint for remittance senders, OK Remit offers the last mile for their receivers. This collaboration is an excellent remittance service solution for Filipinos,” says Martin Camahort, President and CEO of OK Remit.
Oliver L. Valentin, Senior Vice President – Philippine Retail Operations of LBC Express Inc. assures: “This partnership goes beyond the usual undertaking. This is for the long haul with far-reaching effect. Our customers can look forward, not only for better accessibility and convenience, but also to more innovative and better services in the future, as well as a continuously expanding network to cover a wider range of financial services.”
With this new partnership, LBC shows it is committed to giving its customers various ways to access their services better and quicker – making sure their loved ones feel closer to home.
OK Remit has been longing to innovate and come up with concrete solutions to harness their remittance capabilities especially in rural areas. OK Remit is a pro-poor remittance company in the Philippines supported by Opportunity International, a global coalition of organizations dedicated to using microfinance. It is also being supported by the top three microfinance insttutions in the country — Alalay sa Kaunlaran Inc. (ASKI), Kabalikat para sa Maunlad na Buhay Inc. (KMBI) and Taytay sa Kauswagan Inc. (TSKI).
LBC is the Philippines’ market leader in retail and corporate courier & cargo, money remittance, and logistics services. With a growing network of over 6,400 branches, hubs & warehouses, partners, and agents in over 30 countries, LBC is committed to moving lives, businesses, and communities and delivering smiles around the world. Listed in the Philippine Stock Exchange through LBC Express Holdings, Inc., LBC aims to deliver value to all of its stakeholders, as it has for over 60 years. Founded in 1945 as a brokerage and air cargo agent, LBC pioneered time-sensitive cargo delivery and 24-hour door-to-door delivery in the Philippines. Today, it is the most trusted logistics brand of the Global Filipino. LBC can move it for you: visit www.LBCexpress.com, or call telephone +632 8585 999 (Metro Manila), 1 800 10 8585 999 (Provincial), +632 9086 522 (Solutions) and follow LBCExpress (Facebook and Twitter).