OFBANK CHARTER STATEMENT
1. To promote OFBank’s Mobile App among Overseas Filipinos through the Overseas Remittance Officers of LANDBANK.
2. To tailor-fit the following LANDBANK products and services according to the peculiar needs of Overseas Filipinos and their beneficiaries:
• Opening of ATM Account
• Bills Payment
• Investments in LANDBANK UITFs and OFBank Preferred Shares
• Invest in Insurance
• Investment in Government Securities
3. To provide “Study Now, Pay Later”, Housing and Livelihood Loans to Overseas Filipino Beneficiaries.
4. To promote regular savings habit among Overseas Filipinos and their Beneficiaries through the “Future Need Savings Plan”.
5. To promote investments in LANDBANK UITFs, Government Securities and OFBank Preffered Shares
6. To conduct financial literacy seminars among Overseas Filipinos within the premises of Philippine Embassies and Consulates.
7. To conduct Pre-Departure Orientation Seminars (PDOS) for OFWs in the OFBank Center at Liwasang Bonifacio.
OFBank is a Digital Bank servicing Overseas Filipinos and their Beneficiaries through state-of-the-art Electronic Banking Channels such as Mobile Phone, ATM and Internet which are more convenient, faster (real-time), cheaper and secure, eliminating the need for over-the-counter services.
By 2023, LANDBANK through OFBank will be the market leader among the top five (5) universal banks in terms of online transactions from Overseas Filipinos and their Beneficiaries.
1. Commitment and Social Responsibility in providing assistance and financial services to the Overseas Filipinos and their Beneficiary
2. Professionalism, Friendly Service and Excellence
3. Trust, Integrity and Transparency
4. Promoting Organizational Cohesivenessand Unity in purpose