Wednesday, April 17, 2024

PLDT Global, Overseas Filipino Bank enable digital services for OFWs

PLDT Global Corporation (PLDT Global) has teamed up with the Overseas Filipino Bank (OFBank) to bring digital services closer to Filipinos living overseas through TINBO (Tindahan ni Bossing). 

“This exciting collaboration further strengthens our shared commitment to fostering a sustainable future for overseas Filipinos and their families. It also adds to our portfolio of services that address the financial needs and uplift the lives of Filipinos abroad,” said Albert V. Villa-Real, President and CEO at PLDT Global.


TINBO users with registered Smart Virtual Numbers (SVN) can enjoy seamless banking services through the OFBank Mobile App. Users can conveniently receive one-time PINs (OTPs) through their SVN for a secured mobile banking transaction even when outside the country.

 

This partnership provides overseas Filipinos with relevant financial services to help them effectively manage their funds, protect their assets, and achieve financial stability through OFBank. The first branchless and digital-only banking institution in the Philippines, OFBank is a subsidiary of the Landbank of the Philippines and is also the official digital bank of the Philippine government.

 

We are genuinely happy because this allows us to improve our customer experience. We are elated that our existing and prospective clients will be able to own SVNs and use the same for OTPs, without the intervention of consolidators and even perhaps, regulatory controls in their host countries. With our partnership, we pave the way toward financial inclusion as we make digital banking the norm among overseas Filipinos,” said Atty. Reo Andarino, OFBank Officer-in-Charge.


“With proper knowledge and tools, overseas Filipino workers can ensure that their hard-earned money will not be put to waste and will bring lasting benefits for themselves and their families,” added Villa-Real.

Powered by PLDT Global, TINBO is the one-stop online marketplace that enables Filipinos living overseas to buy load, pay bills, send food vouchers, e-gifts, healthcare PINs from mWell, and even gaming PINs for their families in the Philippines. TINBO also provides overseas Filipinos access to a convenient and secured online bills payment platform for their Philippine utilities, and other digital services while outside the Philippines.

PLDT Global’s partnership with OFBank to roll out services that benefit OFWs is a fundamental part of the much broader PLDT commitment to serve and lift the quality of life of Filipinos everywhere.  

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