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ML, LBC create remittance gateways

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Present at the LBC Express and MLhuillier Financial Services Inc. contract signing are (from left) Cecilia B. Lumapas, FSD manager, MLhuillier Financial Services Inc.; Arne Jude S. Morales, VP and COO for the Visayas and Mindanao, MLhuillier Financial Services Inc.; Michael L. Lhuillier, president and CEO, MLhuillier Financial Services Inc.; Oliver C. Valentin, EVP and COO, Philippine Branch Operations, LBC Express Inc.; Eduardo C. Ibazeta, sales manager, Money Sales, LBC Express Inc. and Maria Eliza D. Batang, account executive, Money Sales, LBC Express Inc.

Continuing to carve its name as the Philippines’ largest and most respected non-bank financial institution, MLhuillier Financial Services Inc. has partnered with LBC Express Inc. (LBC) — the market leader in retail and corporate courier and cargo, money remittance and logistic services — to expand both remittance businesses and reach more Filipinos.

Both MLhuillier and LBC aim for a free-flowing service by giving value of convenience and ease, and widening range of remittance services to the people. With MLhuillier’s 2,500 branches and LBC’s 1,400 branches in strategic locations all over the Philippines, it will surely add more value in terms of ease and convenience.

“We have decided to go to a strategic alliance with LBC for the cross network payments between both companies,” said Michael L. Lhuillier, president and CEO of MLhuillier Financial Services Inc. “We are industry leaders. Together, we are able to add convenience to our customers.”

The partnership of the two companies was made possible because both share the same vision of improving the lives of the Filipinos through allowing both networks to interchange services.

“Bringing the said services closer to where the customers are — right in their doorsteps or near their offices — is a great factor in saving customers’ time thus making the quality of their lives better,” said Cecile Lumapas, Financial Services Division Manager of MLhuillier Financial Services Inc.

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