MBC’s Carson location allows consumers to send money for cash and bank account payout
LOS ANGELES and ENGLEWOOD, CO — The Western Union Company, a leader in global payment services, today announced the activation of a new Los Angeles-area Agent, MBC, to fill an important need for money transfers in the community and to bolster the company’s presence in the US-Philippines corridor.
Located at 103 W. Carson St. in Carson at the busiest shopping plaza for Filipinos, MBC allows consumers to send directly to 6,400 Agent locations and more than 50 banks in the Philippines. MBC joins Western Union’s robust network of more than 47,400 Agent locations in the United States.
The majority of Filipino Americans, more than 600,000, reside in Greater Los Angeles, according to the 2010 U.S. Census, with approximately 375,000 Filipinos in Los Angeles County, where Carson is located.
“Western Union has been offering fast and efficient money transfer services to the Philippines for more than a quarter of a century,” said Brad Gay, Regional Vice President, US West Region, Western Union. “We are committed to the Filipino communities both in the Philippines and in the United States, as this corridor is important to our business, and to the economic ties that bind the Philippines and the United States.”
“At MBC, we are always looking for new ways to provide support for Philippine-Americans and their families back home, and we are pleased to enter this relationship with Western Union,” said Albert Nini, MBC business consultant. “Western Union’s well-established network, coupled with our identity and relationships in this district, give customers the convenience and choices they desire plus the reliability they expect when it comes to transferring their hard-earned money.”
The need for financial support among families in the Philippines is strong. Globally, the Philippines ranks #3 among remittance receiving countries, with the total amount of funds approximating $28 billion in 2015, according to the World Bank.
The Filipino community sends money back home to help to support families for school tuition, housing, utilities, day-to-day expenses, and gifting, with the peak seasons being back-to-school and Christmas.