PVB partners with Palawan Group for cash withdrawal service

AIMING to expand its footprint nationwide and thereby reach a wider market with its banking services, Philippine Veterans Bank (PVB) has partnered with the Palawan Group of Companies to enable ATM cardholders to do cash withdrawals from Palawan Pawnshop-Palawan Express Pera Padala branches with the use of point-of-sale (POS) terminals.

(From left) Philippine Veterans Bank South Luzon area head Julius Marquez, PVB chief digital marketing officer Charina Balanquit, PVB branch banking sales head Geraldine Romano, PVB President and Acting CEO Renato Claravall, Palawan Group Vice President for New Products and Services Lisa Lou Castro-Sabado, Palawan Group B2B department head Missy Baldemor, and Palawan Group key account manager Rona Juan. CONTRIBUTED PHOTO

The service uses a POS terminal to conveniently allow PVB ATM cardholders to withdraw funds from the nearest Palawan Pawnshop branch. This would be beneficial and safer for PVB clients in areas with no nearby PVB branch or ATM. Even non-PVB ATM cardholders can avail of the service as long as they have a BancNet-linked ATM card.

The partnership between PVB and Palawan Group of Companies was made official through a memorandum of agreement signing (MoA) ceremony held recently and attended by officials from both companies. For PVB, President and Acting CEO Renato Claravall signed the MoA along with FVP Charina Balanquit, chief digital marketing officer; VP Geraldine Romano, head of branch banking sales; and AVP Julius Marquez, area head of South Luzon Area. For Palawan Group were Lisa Lou Castro-Sabado, vice president for new products and services; Missy Baldemor, B2B department head; and Rona Juan, key account manager.

«This service, in partnership with the Palawan Group of Companies, will allow Veterans Bank to expand its network and customer touchpoints through the use of technology-based innovations. It will also enable the Bank to serve our clients in areas where we do not have branches, especially our veterans and their families,» Claravall said.

Visit www.veteransbank.com.ph for more information.