The Overseas Filipino Bank (OFBank) is a digital-only and first branchless government bank. It is a wholly-owned subsidiary of Land Bank of the Philippines (LANDBANK).
OFBank was created to cater to the banking and financial requirements of overseas Filipinos, Overseas Filipino Workers (OFWs), and their beneficiaries. It is dedicated in providing reliable and secure financial products and services to meet these requirements, including the delivery of quality and efficient foreign remittance services. (Source)
OFBank offers the following ATM Savings Accounts for Overseas Filipinos, OFWs, and their beneficiaries:
- OFBank Visa Debit Card for Overseas Filipinos and Overseas Filipino Workers
- OFBank Visa Debit Card for Beneficiaries
- OFBank Regular Debit Card for Beneficiaries (for customers below 18 years old, but at least 7 years of age)
- Steady internet connection
- Active Mobile Number
- Active Email Address
- One valid ID card for scanning and verification purposes
- For Overseas Filipinos and Overseas Filipino Workers
- Passport
- UMID
- PRC ID
- For Beneficiaries:
- Company ID
- Driver’s License
- GSIS
- OFW ID
- OWWA ID
- Passport
- Postal ID
- PRC ID
- School ID
- Senior Citizen ID
- SSS
- UMID
- Voter’s COMELEC ID
- For Overseas Filipinos and Overseas Filipino Workers
OF Bank does not have a physical branch since it is a digital-only and branchless government bank. Using the OFBank Mobile Banking App and OFBank official website (https://www.ofbank.com.ph), you can access your account anywhere in the world.
However, LANDBANK branches may accommodate the following transactions:
- Claiming of ATM/Debit Card
- Replacing of ATM/Debit Card
- Deposit of Checks and Cash (for areas without LBP Cash Deposit Machine)
- Withdrawal exceeding P50,000.00
To get your physical OFBank Visa Debit Card, visit any LANDBANK Branch and present the ID you used during account opening
- View balances and transaction history of your savings and current accounts
- Perform fund transfers to enrolled and unenrolled LBP and OFBank destination accounts and interbank transfers to other BancNet member banks via InstaPay
- Transfer funds using QR Code
- Pay bills to more than 80 merchants
- Purchase Retail Treasury Bonds (RTBs)
- Account lock/unlock security feature via Mobilock
- Apply for housing and small business loans
- One-Time PIN (OTP) Generator provides instant secured OTP authentication
For the complete Frequently Asked Questions about the OF Bank, click here.
To start opening an account online, you must download the OF Bank app to your phone either on Google Play or the App Store. Follow the quick guide below to learn the steps on how to open an OF Bank account online.
Download and install OF Bank app
Then, follow the steps by steps guide below on how to open OF Bank account online
Once the OF Bank app has been installed successfully on your phone, open the app to start the process of opening an account.
Then, fill-out the profile details, create username and password, as well as mobile and email verification.
To continue, answer some security questions, enter other personal information, as well as financial and employer or business details. Take a selfie and upload a document or photo ID for identification. If successful, application will be send for processing.
- Passport
- UMID
- PRC ID
- Passport
- UMID
- PRC ID
Once your application has been processed, you will receive an SMS of your card number. And for the account number, it will be send to your registered email address.
Guide in Slides
And for more information about OF Bank and OF Bank Mobile app, you can visit OFBank official website, https://www.ofbank.com.ph/.
For queries, comments or suggestions, email us OFBank: [email protected], send a message via the OFBank’s Facebook page, @OFBank, or contact Customer Care Center through (+632) 8405-7000 or 1800-10-405-7000 (PLDT Toll-Free Number/Smart and TNT flat rate of P8.00/call).