SAN FRANCISCO (July 10, 2014) — Wells Fargo & Company and the Philippine National Bank (PNB) will allow Wells Fargo ExpressSend customers to send money to family and friends in more than 600 PNB locations in the Philippines.
To celebrate the expansion, Wells Fargo will waive all transfer fees for remittances sent from an eligible account by new and existing ExpressSend customers to beneficiaries at PNB through September 30, 2014.
The addition of PNB as a Remittance Network Member increases Wells Fargo’s ExpressSend payout locations in the country to more than 5,700 branches and nearly 6,700 ATMs. ExpressSend customers can send up to $3,000 per day to beneficiaries in the Philippines.
Those funds will be paid in Philippine pesos, and can be available for cash pickup at a PNB branch location or deposited to a beneficiary’s account.
For nearly two decades, Wells Fargo has offered innovative products and services to help Filipino Americans – including an estimated 3.4 million overseas Filipino workers – connect with friends and family by sending money back to the Philippines. This year, Wells Fargo will celebrate the 20th anniversary of providing low-cost remittance solutions to the Philippines.