Since the Kuwait incident, our country is focusing on the improvement or betterment of our Overseas Filipino Workers (OFWs). We do all things that could help them in their finances, savings, and of course for their families back here in the Philippines. A lot of programs have been born like extra emergency fund from OWWA, business loan opportunities, and such. The Philippine National Bank (PNB) has their own way. The PNB OFW Savings Account has a special function that beneficiaries in the Philippines could use as well.
The good thing about the PNB OFW Savings Account program is that it doesn’t have a requirement for both initial deposit and maintaining amount. In this article, we will be detailing a guide on how you can open a PNB OFW Savings Account. This would be beneficial for OFWs and beneficiaries to save money to start small businesses and investments.
Read: Opening A LandBank Account With Php100 Initial Deposit For OFWs
If you’re interested or you know someone who is, here are some of the documentary requirements you would need to submit.
The following would be the acceptable Identification Cards (IDs) you can present upon submission of application:
- Original employment contract which should be duly notarized and certified by the POEA. This will be accepted together with at least a photocopy of passport;
- Drivers License;
- Passport;
- Professional (PRC) license;
- SSS/GSIS membership cards;
- OFW ID (issued by POEA/OWWA); and
- NBI/Police clearance
Read: List of Valid IDs here in the Philippines
All of those identification documents would hold your photograph. If you will be submitting documents without your picture, you should always accompany that with a photographed I.D.