RCBC and the Commission on Filipinos Overseas (CFO) have partnered to promote digital finance literacy and expand digital banking services for Filipinos worldwide.
The agreement was signed by RCBC Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva and Undersecretary Atty. Ma. Arlene Borja, CFO Executive Director.
The partnership aims to increase Filipinos’ digital and financial aptitude, especially those working overseas. RCBC will support the CFO in organising financial literacy seminars, creating informative materials, and promoting digital products and services.
The bank will leverage its digital solutions like Pulz, DiskarTech, ATM Go, and Pasado Digital Loans to achieve these goals.
Both RCBC and the CFO are committed to financially including and empowering Filipinos worldwide. They aim to bring all Filipinos into the financial inclusion journey and make them closer to their families. This aligns with the Philippine government’s goal of making digital finance accessible to all Filipinos.
This partnership aims to deliver more accessible and impactful services to Filipinos overseas, helping them thrive in their new homes. RCBC was the first bank to allow OFWs to open a bank account through its RCBC Pulz app, using only an international mobile number and a government ID.
This latest collaboration aligns with the government’s financial inclusion agenda. RCBC also partners with the Department of Migrant Workers (DMW) to bring financial and digital literacy modules to OFWs and encourage them to adopt digital banking solutions.
Featured image credit: Edited from Freepik
