Photo shows (from left): BSP Monetary Board Member Juan de Zuñiga Jr., PNB President Reynaldo Maclang, PNB EVP and Retail Banking Sector Head Bernie Tocmo, and BSP Governor Nestor Espenilla Jr.

PNB received the Outstanding PhilPaSS REMIT Participant award from the Bangko Sentral ng Pilipinas (BSP) during the 2017 Awards Ceremony and Appreciation Lunch for BSP Stakeholders held last July at the BSP Complex, Manila.

The award recognizes PNB’s exceptional performance in terms of remittance volume sent via BSP’s Philippine Payments and Settlement System (PhilPaSS) for processing and settlement. As a settlement arm for overseas Filipino remittances, PhilPaSS ensures the safe and immediate transfer and settlement of remittance funds.