KUALA LUMPUR, June 13 (Bernama) -- Western Union has signed a Memorandum of Understanding (MoU) with the Department of Migrant Workers (DMW) to support the international remittance needs of Overseas Filipino Workers.
In a statement, Western Union said the MoU bolstered its relationship with the DMW, while demonstrating the company’s commitment to the country and supporting the financial needs of Filipinos worldwide.
“I am excited and humbled to have signed this important MoU with the Department of Migrant Workers. It stands firmly at the centre of Western Union’s strategy to support Overseas Filipino Workers.
“I am confident that our collaboration with the DMW will be instrumental in our combined journey of enabling accessible financial services for all,” said Western Union President of Middle East and Asia Pacific, Jean Claude Farah.
The MoU reaffirms Western Union’s role to enable Filipino workers to send money home to their loved ones via its global money movement network.
In the Philippines, the two entities will work together to enhance knowledge of, and access to, financial services for Filipino workers via joint financial literacy programmes and other campaigns, while also supporting the DMW in advocacy such as anti-human trafficking and anti-illegal recruitment programmes.
Mandated to protect their rights and welfare, the DMW is the exclusive home of Overseas Filipino Workers and their families in government.
It is also tasked to develop and implement a full-cycle national reintegration programme which shall be embedded in all stages of migration, from pre-deployment, on-site during employment and upon return.
The MoU will also enable both entities to explore the possibility of expanding Western Union’s presence to DMW sites across the country, with the intention of further extending financial and other related services to Overseas Filipino Workers and their families.
-- BERNAMA
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