EWBC Inks Remittance Agreement with iRemit, Inc.

East West Bank and iRemit, Inc. recently signed a memorandum of agreement (MOA) forging a tie-up that designates the latter as the bank's representative abroad for accepting SSS payments from overseas Filipino workers as the bank makes use of the global remittance links that iRemit has developed. iRemit on the other hand, benefits from the arrangement as only banks can accept SSS payments.

The photo shows the MOA signing ceremony held last June 29, 2006 at the SSS Makati Building with (seated, from left) iRemit, Inc. President and CEO Harris Edsel D. Jacildo and East West Bank President and CEO Elrey T. Ramos. Behind them are (standing, from left) iRemit, Inc. Chairman Bansan C. Choa, SSS Vice-President and IABE Division Head Judy Frances A. See, SSS President and CEO Corazon S. De La Paz, East West Bank Vice-President and Sector Head for Southern Metro Manila Branches Teresita S. Galvadores, and East WestBank Special Consultant for Branch Banking Ismael R. Sandig. (EWBC CorpComm)