Gov’t launches online bank for OFWs

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OFBank is targetting to enroll up to 2,000 bank accounts a day among Filipinos living and working abroad as the digital-only and branch-less lender unveiled its mobile app. | bendeveraINQ

In a text message, Landbank president and chief executive Cecilia C. Borromeo said they were targetting “an average of 2,000 new accounts opened per banking day—more so when the community quarantine is lifted.”

OFBank is making available three types of bank accounts via Dobsai: OFBank Visa debit card for overseas Filipinos and OFWs; OFBank Visa debit card for beneficiaries, and OFBank debit card for beneficiaries below 18 years old.

 

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