The Bank of the Philippine Islands (BPI) is augmenting its program for Overseas Filipino Workers (OFW) with BPI Pinoy Abroad, a complete financial program for OFWs that addresses their varying needs based on their career stages.
BPI Pinoy Abroad introduces a package of solutions for OFWs who may be in the recruitment stage, wealth building stage, or retirement stage.
“Through this program, OFWs and their families can reap the benefits of overseas employment through our package of solutions based on their career stages. Throughout their journey, BPI Pinoy Abroad helps them achieve their financial goals,” said BPI Head of Retail Segments Aileen Lamasuta.
For newly acquired OFW clients who are about to be deployed or newly deployed, BPI offers the “Baon Pack: Gabay sa Pag-alis” which covers services such as entry-level protection through BPI-Philam, Automatic Savings, Remittance, Online and Mobile banking, and Allotment Account.
For established, wealth-building OFWs and their families, the bank provides those with four to 10 years of job tenure with the “Pundar Pack: Gabay sa Pagpundar.” The products and services included are Build-up Deposit (Maxi Saver and Pamana Savings), Wallet Extension (Credit Cards), Car and Housing Loan, Income protection thru BPI-Philam, and Asset protection.
BPI also offers wise investment options for retiring and high-value OFWs and their families. The bank has its “Invest Pack: Gabay sa Pagbalik”, which includes Preferred Banking account, Investments: AMTC/BIMI/Capital, and Business Loans.
“We recognize the fact that overseas employment is a unique opportunity for many Filipinos. With our offerings, we help our OFs and their families work together to reap the benefits of overseas employment,” Ms. Lamasuta added.
The BPI Pinoy Abroad program is part of BPI’s aim to become a trusted source of financial advice for Overseas Filipinos can benefit from a holistic program that addresses their needs as they journey towards a better life.