Palawan Group of Companies Team Up with Xpress Money for Accessible and Efficient Remittances from UAE

“Our partnership with Money Xpress will further expand our international remittance network in the Middle East, providing our “kababayans” with greater accessibility, flexibility, and peace of mind. They can rest assured that their hard-earned money will promptly reach their loved ones through our extensive network." ~Lilian Concepcion Selda, Executive Vice President and Chief Financial Officer at Palawan Group of Companies

Palawan Group of Companies executives Bernard Kaibigan, Group Marketing Head; Rebecca Badayos, Head, International Remittance; Lilian Castro-Selda, Chief Financial Officer, Kassey Lynn Policarpio, Account Specialist, International Remittance, alongside Samir Vijay Vidhate, Senior Executive Officer at Xpress Money Services Limited at the contract signing.

In order to give Overseas Filipino Workers (OFWs) in the United Arab Emirates (UAE) a more convenient and dependable way to send money to their loved ones in the Philippines, Palawan Group of Companies has partnered with Xpress Money Services Limited, a top international money transfer company.

Since their remittances provide millions of Filipino families with a lifeline, OFWs are essential to the Philippine economy. In November 2024, OFWs sent US$3.12 billion in personal remittances, up 3.5 percent from US$3.02 billion in November 2023, according to the Bangko Sentral ng Pilipinas. The UAE continues to play a significant role in this expansion, highlighting the significance of this collaboration.

Palawan Group acknowledges and appreciates the priceless contributions of these contemporary heroes by providing easily accessible and trustworthy financial services. The agreement permits OFWs in the United Arab Emirates to send money to their loved ones in the Philippines through XPress Money. Palawan Pay, the company's fastest-growing e-wallet mobile app, and Palawan Pera Express Padala's vast nationwide network of more than 6,000 locations are the two ways to claim these remittances. 

Executives from the Palawan Group of Companies, including Lilian Castro-Selda, Executive Vice President and Chief Financial Officer; Bernard Kaibigan, Head of Group Marketing; Rebecca Badayos, Head of International Remittances; and Samir Vijay Vidhate, Senior Executive Officer at Xpress Money Services Limited, were present when the agreement was signed.

Lilian Castro-Selda, Chief Financial Officer of Palawan Group of Companies, and Samir Vijay Vidhate, Senior Executive Officer of Xpress Money Services Limited, signed a partnership agreement to offer reliable and convenient remittance services for OFWs in the UAE.

“We are very proud to partner with the Palawan Group of Companies, one of the Philippines’ trusted institutions. Today is a milestone for our company as we look forward to servicing OFWs in the UAE.” ~Samir Vijay Vidhate, Senior Executive Officer at Xpress Money Services Limited

Palawan Group's dedication to offering Filipino OFWs "mura, mabilis, at walang kuskos balungos na serbisyo" (affordable, quick, and hassle-free money transfer services) is strengthened by this partnership. This partnership guarantees that sending hard-earned money home will always be easy and accessible for Filipinos all over the world, acknowledging the critical role that remittances play in assisting Filipino families and communities.

For more information, go to Palawan Pawnshop and PalawanPay Websites. 

ABOUT PALAWAN GROUP OF COMPANIES: 

The Palawan Group of Companies includes products and services such as Palawan Pawnshop, Palawan Express Pera Padala, Palawan ProtekTODO, Palawan Credit, and PalawanPay. A brand trusted by Filipinos for almost four decades, PGC is one of the fastest-growing financial institutions in the country. With its strength in remittance and pawning services, the company is the market leader in the industry and has over 70,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide.

Palawan Group of Companies offers a wide range of services, including pawning, domestic and international remittances, microinsurance, bills payment, electronic mobile phone loading, cash-in and cash-out of e-wallets, money exchange, ATM withdrawal, and cash disbursements. Additionally, the company sells jewelry and gold bars, catering to customers looking to invest in valuable assets. 

Palawan Group of Companies introduced PalawanPay, an e-wallet app that allows users to send and receive remittances anytime, anywhere. PalawanPay is the company’s latest digital solution, offering faster, safer, and more convenient transactions. In addition to remittances, the app provides access to other financial services, including bills payments, mobile load top-ups, and scan-to-pay QR Ph codes. The app also features integrated functionality for pawn renewal, purchasing jewelry and gold items, ProtekTODO personal insurance, and claiming international remittances.

Palawan Group of Companies is supervised by the Bangko Sentral ng Pilipinas.

For more information, go to Palawan Pawnshop and PalawanPay Websites.