Sending Money Home Made Easier for OFWs with LandBank's GoBayani
Sending money to their families will soon become easier for Filipinos abroad with a new online banking service exclusively for overseas workers. The state-run Land Bank of the Philippines announced the launch of its GoBayani Savings, a digital deposit account that will allow them to transfer funds, as well as receive remittances through the bank’s Visa partners.
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Filipino workers abroad will also be able to settle their bills and other dues through GoBayani. These will soon include monthly contributions to government benefits such as Social Security System (SSS), PhilHealth, and Pag-IBIG. If they want to, users can make the most out of their accounts for e-commerce transactions, too.
“We are cheering on our kababayans abroad to save and grow their money,” LandBank president and CEO Lynette Ortiz said. “Investing in our digital infrastructure forms part of our response to the increasing demand for convenient digital solutions. We are continuously enhancing our digital offerings to deliver a seamless banking experience to our customers and expand financial access to all.”
Applying for a GoBayani savings account is pretty simple, as it requires no initial deposit and maintaining balance. Overseas Filipinos can register via a new straight-through account opening feature found on the LandBank mobile banking app.