The “Remit-2-win” promotion by WorldRemit and BDO Remit saw two lucky winners receive Php250,000 worth of rice retail business franchise.

“I was really overwhelmed. I have been sending money via WorldRemit for a long time. When I learned that I could transfer directly to a BDO Kabayan Savings, I sent the remittance straight away to my tita. She was able to quickly and conveniently access the money,” shared Rosalyn.

Rosalyn’s tita, Edith, who received the remittance and was selected as the first winner of the pangkabuhayan package said: “I feel very happy that I won the rice retail business. It is what my sister and I have been dreaming of having for a long time. We are so grateful to WorldRemit, BDO Remit, and Grainsmart because this is a big help for us especially during these tough times.”

Joshebern “Joshie” Bonnevie was equally amazed by being selected as the second winner of the pangkabuhayan package.

“I cannot express my happiness. I used to organize events but due to pandemic lockdowns, I lost my only source of income. The pangkabuhayan package given by BDO Remit and WorldRemit will definitely help me and my family [to recover],” shared Joshie.

Genie T. Gloria, senior vice president and head of BDO Remit, described BDO Kabayan Savings as the key to many opportunities for both the OFWs and the beneficiaries, among which is access to BDO Unibank’s various products and services.

“BDO Kabayan Savings can help OFWs build a good credit history that will enable them to apply for a car loan, home loan, or business loan in the Philippines,” she said.

In terms of access to remittance or cash withdrawals, BDO has a solution called Cash Agad to help communities in the provinces and far-off islands without banks or ATMS. BDO has partnered with over 10,000 micro, small and medium enterprises (MSMEs) like sari-sari stores and hardware stores to be its
Cash Agad partner agents.

All partner stores have point-of-sale (POS) machines where BDO Kabayan Savings account holders can withdraw remittances using their BDO Kabayan ATM cards. In addition, owners of other locally-issued ATM cards can also withdraw cash from any Cash Agad partner agents.

With Cash Agad, traveling to a far-off town is no longer necessary to withdraw money. At the same time, it will encourage BDO Kabayan Savings account holders to withdraw only the amount they need, enabling them to save and grow their savings.

Even with the challenges of the pandemic, WorldRemit is helping OFWs stay connected and support friends and loved ones back home.

“Through our partnership with BDO Remit and Grainsmart, we are able to help OFWs and their beneficiaries on the journey towards an improved quality of life brought by financial stability,” said Earl Melivo, WorldRemit country director.

WorldRemit has been a partner of BDO Remit since 2014.

The Pangkabuhayan Package comes with additional perks, said Grainsmart, the country’s largest rice retailer and franchisor with around 1,000 branches nationwide.

“Product and marketing training is part of the support that we provide to the winners. We’ll provide guidance to them to ensure they are able to manage business operations and ensure growth and sustainability in their business,” noted Benjamin Batac, founder and CEO of Grainsmart.

For a secure and faster way of sending money, remit through WorldRemit and BDO Remit from different countries. 

For more information about the two financial institutions as well as their products and services, you may visit their official websites: WorldRemit and BDO, and their official Facebook pages: WorldRemit Facebook and BDO Remit Facebook.

We’re a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global payments brands.

We disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster, and lower-cost. We currently send from 50 countries to recipients in 130 countries, operate in more than 5,000 money transfer corridors worldwide, and employ over 1,200 people globally.

On the sending side, WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, the company offers a wide range of options including bank deposit, cash collection, mobile airtime top-up, and mobile money.

BDO Remit is the global remittance service brand of BDO Unibank, the bank with the largest distribution network in the Philippines with over 1,500 branches & more than 4,400 ATMs nationwide (including BDO Network Bank).

Overseas, BDO Unibank has full-service branches in Hong Kong & Singapore while BDO Remit has 14 subsidiaries and representative offices in other countries. BDO Remit has subsidiary offices located in Hong Kong; Macau; Tokyo; Daly City in the US; Toronto in Canada as well as in London, UK; while
its representative offices are located in Beijing, Taipei, Seoul, Dubai, Paris and Milan.

Through BDO Remit, BDO Unibank was named by the 2019 Bangko Sentral ng Pilipinas (BSP) as the “Commercial Bank that Generated the Largest Overseas Filipino Remittances.” As a BSP awardee since 2008, BDO Unibank holds the largest overseas Filipino market share for remittances coursed through banks.

For more information, visit www.bdo.com.ph or BDO Kabayan Facebook page.

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