The Overseas Filipino Bank (OFBank), a state-owned bank and a subsidiary of the Land Bank of the Philippines (LandBank), has become the first-ever “digital-only and the country’s first-ever branchless government bank” and purposely serve overseas Filipino workers (OFWs).
Many of our kababayans are asking how they can remit to their accounts once they have successfully created an account through the OFBank mobile app.
We explore the OFBank website and found this information that might be helpful for you.
Remittance
Explore options to send and receive your money conveniently through the following:
- Transfer funds via LANDBANK/OFBANK Mobile Banking, select “Transfer to Anyone”, enter the account number and amount you wish to transfer.
- Transfer Funds from any Philippine Bank, GCash or Paymaya via Instapay/Pesonet*. Select “LANDBANK” as destination bank and input the recipients 10-digit account number.*Instapay is real time transfer while PesoNet has 1-3 Banking Days processing time, service fees may vary.
- Send money via Visa Direct. From your bank abroad, access the service through internet/mobile banking account or ATM. Enter the recipient’s 16-digit Visa card number and the amount you want to send. (NOT AVAILABLE for OFBANK Regular Debit Card)
- Remit money thru Remittance Centers overseas these INFORMATION
- Name of Account Holder
- 10 digit Account Number
- Name of Bank: LAND BANK OF THE PHILIPPINES, instead of OFBANKFor their partner agencies, kindly visit this link: https://www.landbank.com/remittance/remittance-partner
Their partners will credit to your account in REAL TIME. For other remittance agencies, they wyll follow their existing remittance process.
- Transfer funds from your account thru your foreign bank account. Please instruct your bank to remit to the OFBank account with the following information:
- Name of Account Holder
- 10-digit Account Number
- Name of Bank: LAND BANK OF THE PHILIPPINES, instead of OFBANK
- SWIFT CODE: TLBPPHMMXXX
