M Lhuillier, the country’s largest and leading non-bank financial institution, is setting itself up to make it more convenient for Filipinos living abroad to safely send and receive money back home. This comes in response to the recent upward trend of remittances from overseas Filipino workers (OFWs).
Michael L. Lhuillier, M Lhuillier President and CEO, expressed his commitment to
providing top-notch money transfer services for OFWs. “We want to make sure our
fellow Filipinos can easily connect with their families through secure and fast remittance
services. With our extensive network across numerous provinces, we are able to
provide them with just that.
“We understand how important it is for our Kababayans to be able to stay connected
with their families even if they’re miles away," said Mr. Lhuillier.
According to data from the Bangko Sentral ng Pilipinas (BSP), remittance flows from
OFWs abroad have been on an upward trajectory since the start of 2021, which further
increased during the so-called “ber” months of September, October, November, and
December.
In September 2022, there was an impressive 4.2% rise in personal remittances sent by
Filipino expatriates compared to the previous year, reaching a total of $3.15 billion.
This influx of money reflects both the continued hard work and dedication of Filipinos
abroad who send money home even during difficult times. Apart from these, it also
reflects the importance of remittances for sustaining livelihoods back in the Philippines.
M Lhuillier has been providing its money transfer services since it was founded in the
1980s. Currently, it has more than 3,000 branches nationwide, including in far-flung
areas such as provinces in Tawi-Tawi, Palawan, Mindoro, and Zamboanga del Sur,
making it the ideal partner for OFWs looking to send money to their loved ones even in
remote areas.
“We’re excited about how much our customers rely on us when it comes time to send or
receive funds over long distances. "We know how important these transactions can be,
so we ensure that all our branches are well-equipped to handle any volume of
transactions efficiently and safely," Lhuillier noted.
From overseas workers needing quick access to cash to their families receiving
financial support during these trying times, M Lhuillier has taken extra steps to ensure
that all customer transactions are safe and secure.
Filipinos everywhere are assured that their transaction will go through without a hitch
with its wide network of accessible branches all over the Philippines.
These initiatives are part of M Lhuillier's long-term mission to make global payments
accessible for everyone by providing reliable financial solutions that make it easy for our
customers to manage their funds without worries.
M Lhuillier, the Philippines’ largest and most respected non-bank financial institution,
continues to uphold its promise of being the Bridge and Tulay ng PaMLyang Pilipino,
with more than 3,000 serviceable locations nationwide. It continuously seeks better and
innovative ways to serve its community by providing fast, easy, and reliable financial
services such as Kwarta Padala, Quick Cash Loan, Bills Payment, Insurance Plan,
Money Exchange, Jewelry, ML Wallet, ML Express, ML Logistics, and Telco and online
TV Loading.
Follow M Lhuillier Financial Services, Inc. on Facebook, or visit mlhuillier.com for more
information. For inquiries, contact Customer Care through its toll-free number 1-800-1-
0572-3252 or email customercare@mlhuillier.com.