News PNB extends waiver on remittance charges to Middle East

PNB extends waiver on remittance charges to Middle East

-

Philippine National Bank (PSE: PNB) has good news for Filipinos in the Middle East. PNB is waiving the remittance fee or “No Back-End Fee” for remittance transactions from all PNB bank partners and remittance companies in the Middle East, mainly from Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Kuwait and Sultanate of Oman. Waiver applies to cash transfers that will be credited to PNB deposit accounts in the Philippines. Promo is valid until May 31, 2020.

PNB understands the whole world is undergoing an extreme crisis because of the COVID-19 pandemic. President and CEO Wick Veloso said that the bank is committed to making remittance transfers convenient and hassle-free for customers here and abroad. “Our kapitan, Dr. Lucio Tan, knows very well that in these difficult times, being able to care for their loved ones is top-of-mind for our overseas Filipinos – our modern-day heroes,” he stated. “Every hard-earned peso counts especially when so many of our countrymen are not able to work due to the enhanced community quarantine. This is why we have extended ‘Libreng Padala’ until the end of May.”

Veloso added, “We have extended the coverage to the Middle East by waiving the back-end remittance fee. There are many kababayans from the Middle East who need this kind of support in sending cash to their families. This is very timely given that the observance is ongoing.” As our Muslim community is celebrating the month of Ramadan and Eid El-Fitr Festival Celebration, the waived remittance fees will provide added relief to our remitters abroad especially in this very difficult time.

PNB also waived the transaction fees for local money transfer done via Instapay and PESONet.

Clients are encouraged to regularly visit PNB’s official Facebook page (@PNBph) for updates on the latest news and promos.

Ryan Namia
Ryan Namia spends most of his days reading over drafts of new written content and determining which ones make the final cut for online and print publication. He received his Bachelor's degree in Journalism in 2015 and has been writing since 2016. Got a story to tell? Email him at eic@theglobalfilipinomagazine.com. Or follow his IG @rtnamia.

Latest news

10,000 sq. ft. Dubai villa sold for AED130 million or P2 billion

Alpago Properties, the real estate famous for developing high-end residential, commercial and hospitality projects, has just announced the most...

49 drug kingpins arrested in UAE with the help of 5 other countries

Lieutenant General His Highness Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior,...

Alira to perform at biggest Barrio Fiesta in Dubai

Emirati pop star Alira will be performing at Barrio Fiesta Dubai in December, organisers have confirmed.

UAE announces public holiday for 2023

Plan your holidays for next year! As early as now, the UAE Cabinet has announced the national...
- Advertisement -

From UAE pharmacist to becoming a pediatrician in New York

After starting his career as a pharmacist in the UAE, Dr. Ahmed Hussein reveals why St. George’s...

89% of parents agree the education system needs change to prepare the workforce of future

To be a better fit for the future and prepare the next workforce, 89% parents agree that...

Must read

Fines for overstaying on residency visa in UAE doubled

UAE authorities have amended overstaying fines both...

UAE telecoms warn residents: Don’t return missed calls from unknown int’l numbers

UAE-based telecom operators have warned residents not...

You might also likeRELATED
Recommended to you