M.Lhuillier -BDO tie-up for cash transactions

By March 11, 2015Business, News

THE present clientele and prospective customers of M. Lhuillier in Pangasinan who are depositors of BDO, will be the main beneficiaries of an unprecedented tie-up of the two leaders in the country’s financial services.

Industry leaders, M. Lhuillier Financial Services, Inc. (M. Lhuillier) and Banco de Oro (BDO) Unibank, two of the biggest names in financial services.

The new agreement effectively further expands M. Lhuillier’s portfolio of services, to its clients, making it the leader in the non-bank financial services industry.

Specifically, the tie-up provides M.L. customers with a better, more efficient cash management service allowing cash withdrawals and other transactions through the ML Cash Card, powered by BDO.

The linkage also brings more convenience to BDO clients because they may now pay bills and make withdrawals at any of the over 1800 M. Lhuillier branches nationwide.

The agreement was inked M. Lhuillier Executive Vice-President Michael Lhuillier and Cecilia B. Lumapas, Manager of the Financial Services Division; and. BDO Senior Vice-President and Transaction Banking Group Head Emmanuel Narciso and Senior Vice-President for Cash Management Services Jaime Nasol.

“We are truly grateful that BDO trusts M. Lhuillier enough to support the ML Cash Card brand. We are very proud of this tie-up and vow to continue our tradition of excellent service to our clients,” said Lhuillier.

More partnerships are being explored to expand the range of products and services that M.L. offers to its customers. The ML Cash Card, a cash management product, will be rolled out within the year in addition to Quick Cash Loans, Kwarta Padala, Pinoy Protect Plus, among others – which have set the standards for non-bank financial transactions.

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