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Overseas Filipino Bank says can process online applications for new accounts in 5 minutes

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Arianne Merez, ABS-CBN News

MANILA -- The Overseas Filipino Bank (OFBank) said Friday it could process online applications for new accounts within 5 minutes as more Filipinos shift to digital banking due to the coronavirus pandemic.OFBank President Leila Martin said Filipinos abroad--including migrant workers, and their beneficiaries in the Philippines can open a new account using the bank&#x27;s mobile application.&quot;Lahat po ng Pilipino saan man pong sulok sila ng mundo naka-base ngayon at ang lahat po ng kanilang benepisyaryo na nasa Pilipinas ay puwede na pong mag-open ng account sa pamamagitan po ng pag-access ng OFBank mobile application,&quot; she said in a virtual press briefing.(All Filipinos in any part of the world and all of their beneficiaries in the Philippines can open an account by accessing the OFBank mobile application.)&quot;Basically, in 5 minutes, open na po ang account niyo, magagamit niyo na po siya,&quot; she added.(Basically, in 5 minutes, your account will be opened and can be used already.)Martin also assured Filipinos abroad that their remittances sent through the OFBank can be received within the same day of transfer to the account of the beneficiary.&quot;Nakaka-withdraw po on the same day na naglipat po ang inyong kamag-anak abroad,&quot; she said.(You can withdraw money on the same day that your relative abroad sent it.)The OFBank on average processes 300 new accounts per day, Martin said.

The Overseas Filipino Bank said Friday it could process online applications for new accounts within 5 minutes as more Filipinos shift to digital banking due to the coronavirus pandemic.

The Overseas Filipino Bank said Friday it could process online applications for new accounts within 5 minutes as more Filipinos shift to digital banking due to the coronavirus pandemic.

Overseas Filipino Bank says can process online applications for new accounts in 5 minutes

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Overseas Filipino Bank says can process online applications for new accounts in 5 minutes

Arianne Merez,

ABS-CBN News

Published July 17, 2020 04:33 PM PHT

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Overseas Filipino Bank

OFB

OFW bank

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