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OFBank in Abu Dhabi, Dubai, Bahrain to offer 15 services

On the second quarter of the year, the pilot foreign offices of Overseas Filipino (OF) Bank will be opened in the Philippine Embassy in Abu Dhabi, Philippine Consulate in Dubai, Philippine Consulate in Bahrain.

In a conference held in Milan, Italy, Landbank President and Overseas Filipino (OF) Bank Chairman Alex Buenaventura presented the OFBank to ambassadors of the Middle East, Europe and Africa, Consuls, Consuls General and Heads of Posts, reported ABS-CBN.

Buenaventura highlighted that Filipinos abroad can do transactions in the comfort of their homes given that the OFBank will soon launch its own website.

With this, the OFBank will offer 15 products and services to the expats and their families such as cheapest, fastest and most convenient mobile credit-to-account remittance service; investment products; payment services for government agencies, utility bills, education and insurance; housing, business, all-purpose, study-now-pay-later loan products; and deposit products.

Likewise, it will provide convenient transactions through its online banking interactive website wherein Filipinos can open an account, deposit, loan, pay, and transfer money to the ATM accounts of their beneficiaries with any of the 423 branches of LandBank.

For the OFW families, they will receive an auto text remittance advice if the money is ready to be withdrawn from ATM machines 24/7.

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