China Banking Corporation (China Bank) continues to expand and strengthen its remittance business, recently signing up a new remittance partner – Intaglobe, a leading international payment processor headquartered in Brisbane, Australia.

China Bank and Intaglobe formalized their remittance partnership with the signing of the Memorandum of Agreement last December 12 at the China Bank Head Office penthouse. China Bank’s EVP/COO Ricardo R. Chua (2nd from left) and Intaglobe’s Managing Partner, Geoff Gordon, signed the MOA.. Also present at the signing were China Bank’s Ramon R. Zamora, SVP(seated, left); Jose Q. Cifra, AVP (standing, left); Intaglobe’s Rodney Thompson, Managing Partner (seated, right); and Philippine Representative, Oscar Torralba (standing, right)

Intaglobe is an innovative new service that allows OFW’s to send money back home quickly and at low cost. Remittance through Intaglobe is via the Internet, so a remitter can conveniently use the service at anytime to remit money.  “Online transactions are now safer and faster than ever before. We are happy about this partnership with Intaglobe because now, it will be even more convenient for Filipinos abroad to send money to their loved ones in the Philippines,” said Ramon R. Zamora, China Bank’s Senior Vice President and Head of Centralized Operations Group.

Intaglobe will offer a fast, secure, and user-intuitive online to offline remittance service. “We are excited to have forged this partnership with China Bank. We look forward to providing OFWs the very best of remittance services.” said Intaglobe’s Managing Partner, Geoff Gordon.  Rodney Thompson, also a Managing partner at Intaglobe spoke about the Intaglobe strengths, “Intaglobe technologies will revolutionize how online remittance functions today. Lowering costs, increasing security backed with 24/7 customer support, Intaglobe will bring a new level of service and direct control for OFWs sending money home.”

Filipinos abroad can send funds through the Intaglobe website, www.intaglobe.com.  The service is quick and easy to use with many convenient delivery and payment options. Delivery options include direct to a China Bank account or to an account maintained with another bank, direct bill payment to Filipino service providers, cash payout at any of China Bank’s 158 branches or at China Bank’s almost 1,000 authorized remittance outlets in the Philippines, and door-to-door delivery. OFW’s can choose from a myriad of convenient payment options including, direct debit from bank account, cash payment at retail locations, and credit card. Intaglobe has advanced fraud prevention systems and online security to create a highly secure online global remittance solution including 24-hour friendly customer support.

Intaglobe is China Bank’s fifth remittance partner in North America, and its second partner offering web-based remittance services. Through China Bank’s international remittance partners, China Bank On-time remittance is available in over 4,000 locations worldwide. “There are millions of Filipino immigrants and OFWs around the world and we want to make sure that China Bank can effectively service their remittance requirements by having more partner institutions,” said Jose Q. Cifra, China Bank’s Assistant Vice President and Head of the Remittance Division.

Intaglobe is integrated with a multitude of banks spread across different geographic locations, creating an online global remittance solution backed with multiple currency and language support.