Gatchalian to pass ‘One Filipino, One Bank Account’ bill

MANILA – Sen. Sherwin Gatchalian proposed that each Filipino should have their bank account to make sure they receive the financial assistance in the shortest time possible.

“national ID. Ngayon meron na tayong i- file

May isang batas akong national ID, gustong na may kaugnayan

‘One Filipino, One Bank sa ang tawag ko Account.’ mandatory dito ay Dapat na

bank bigyan ng pamahalaan ang lahat account,” he said on Sunday. ng mga naninirahan dito ng

Being the vice chairperson of the Senate Committee on Banks, Financial Institutions, and Currencies, Gatchalian said owning a bank account should be considered a basic requirement among Filipinos, regardless of the individual’s socio-economic class. “

bank Makakatulong sa bawat Pilipino ang pagkakaroon ng account contactless at cashless payments

lalo na sa cellphone

gamit digital wallet,” he said. ang na maaari ring

Based on the financial magsilbing inclusion survey conducted by the Bangko Sentral ng Pilipinas in 2019, some 51.2 million Filipino adults remain unbanked or 71 percent of the total adult population.

The survey said that the lack of enough money is the main reason for not having a bank account, followed by the perceived lack of need for an account, and lack of documentary requirements.

Meanwhile, Philippine Statistics Authority’s record also showed that 82 percent of the 10.5 million initial registrants to the Philippine Identification System, or the national ID system, do not have bank accounts./