For Overseas Filipinos in Japan, convenience and reliability are top priorities when sending money back home. To meet these needs, BDO Unibank, Inc. (BDO) and Seven Bank have renewed their commitment to satisfy their loyal Kabayans and attract new users to their growing platform.
The strategic alliance of the banking leaders from two of
Asia’s robust economies was off to a great start when it was first announced
back in 2017. Now seven years later,
both institutions recognize that the collaboration has brought many benefits to
their customers. BDO and Seven Bank are
exploring more opportunities for their partnership to expand across other
products and services.
President and Representative Director of Seven Bank Masaaki
Matsuhashi commended BDO for its focus on customers. “This is a common value Seven Bank has as
well. BDO is very passionate and aggressive to provide new services to
customers, so we want to have a good partnership with BDO to do things together
with them.”
Currently, clients can easily transfer money from Japan to the Philippines using the Seven Bank’s International Money Transfer app on their mobile phones.
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| Fast and secure remittance to the Philippines. Using Seven Bank's International Money Transfer mobile app, Overseas Filipinos in Japan are assured of 24x7 delivery of their remittances to their loved ones back home. |
According to BDO Senior Vice President and head of Remittance, Genie T. Gloria, “We saw that one hurdle for Filipino workers in Japan is visiting banks and remittance centers during day time because of their work schedule. Our alliance with Seven Bank is a game changer, allowing 24x7 remittance through their mobile app and ATM network of 27,000 all over Japan.”
Recognizing BDO’s global reach, Matsuhashi said: “For
Filipinos living in Japan, everybody knows BDO, and everybody feels secure and
safe with the BDO network. Filipinos in Japan also know Seven Bank. They know
BDO and Seven Bank as trustworthy and reliable banks.”
BDO offers unrivaled physical and digital footprint for
Overseas Filipinos and families. With BDO Kabayan Savings, beneficiaries can easily
receive and withdraw money 24x7 from any part of the Philippines through BDO’s
over 5,700 ATMs. There’s also the Cash Pick-up Anywhere, where they can claim
money at more than 14,000 locations nationwide including from over 1,700 BDO
and BDO Network Bank branches; BDO Remit counters inside SM malls; and more
than 12,000 Cash Agad partner-agents.
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| Supporting Overseas Filipinos in Japan since 2016. BDO’s remittance network in Japan started with the opening of a BDO Remit office in Shinjuku. The alliance with Seven Bank a year later enabled BDO to reach customers beyond the Shinjuku/Tokyo area to various prefectures of Japan. |
On top of its wide accessibility, Matsuhashi also recognized BDO’s reliability as a partner and in delivering services to its customers. “In the remittance business in general, there are some cases wherein the remittance failed to be sent. With BDO, all transactions are successfully sent by the senders and received by the beneficiaries. This is one of the strengths BDO has.”
Seven Bank's positive views and experience are shared by
BDO's vast and long-standing network of remittance partners from different
parts of the globe, including North America, Europe, the Middle East, and
Asia-Pacific.
Overseas Filipino remittances are one of the largest in the world and reached a historic high of US$37.2 billion in 2023.
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