MICROCAPITAL BRIEF: One World Connect, Philippine National Bank (PNB) Partner on Online Remittances

One World Connect, a UK-based company that facilitates remittances from the UK and Australia to the Philippines, recently announced a partnership with Philippine National Bank (PNB) to expand the options the firms offer recipients in the Philippines. Users can now receive money transfers in cash at 700 PNB branches or directly into their PNB accounts, whether denominated in pesos or US dollars. For example,