Manila Standard

PLDT Global, OFBank team up to bring digital services to OFWs

- By Darwin G. Amojelar

PLDT Global Corp. 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 Villa-Real, president and chief executive of PLDT Global.

TINBO users with registered Smart Virtual Numbers (SVN) can enjoy seamless banking services available 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.

The 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 gives us the opportunit­y 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,” said Reo Andarino, OFBank officer-in-charge.

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