LANDBANK seals remittance agreement with CF Sharp Crew Management Inc.
The Land Bank of the Philippines recently sealed a remittance agreement with CF Sharp Crew Management, Inc. to service the latter’s foreign currency inward remittances and payroll distribution forits deployed seamen and their beneficiaries.
CF Sharp Crew Management is a pioneer in overseas maritime employment and is one of the largest manning agencies in the Philippines. It has been a consistent Top Awardee by the Philippine Overseas Employment Administration since 1984. As of October 2014, CF Sharp has deployed more than 12,500 seafarers, a number which it expects to further increase in 2015 following positive negotiations with new principals.
LANDBANK’s extensive branch and ATM network nationwide and its decades of experience in providing remittance and payroll servicesto some of the biggest shipping and manning agencies in the country makes it an idea partner-bank for CF Sharp.