The OFBank offers four digital products and services which include a Digital Onboarding System with Artificial Intelligence (DOBSAI), which allows the real-time opening of a mobile banking deposit account on supported iPhone or Android devices. Aside from deposit savings accounts, the OFBank’s digital services also include fund transfers, bill payments, multi-purpose loans, and remittances. Download KOMO: Android | iOS OFBank The Philippine government, spearheaded by the Department of Finance (DOF) and the Land Bank of the Philippines (LANDBANK), has launched the Overseas Filipino Bank (OFBank) as a digital-only, first branchless Philippine government bank that let clients complete banking transactions across the globe. As a digital-only facility, OFBank utilizes Digital Onboarding System with Artificial Intelligence (DOBSAI) to facilitate real-time account opening via the OFBank’s Mobile Banking Application. There are three types of accounts available in OFBANK’s DOBSAI: the OFBank Visa Debit Card for OFs and OFWs, the OFBank Visa Debit Card for beneficiaries, and the OFBank Debit Card for beneficiaries below 18 years old. The OFBank Visa Debit Card allows cardholders, specifically the beneficiaries of OFs and OFWs, to receive real-time fund transfers using Visa Direct, Visa’s real-time payment solution through the 16-digit card number. OFBank account holders can also use OFBank’s mobile facility to transfer funds to their beneficiaries' OFBank, and LANDBANK accounts for free. Read more in our articles including "The 6 BSP-licensed digital banks in the Philippines" and "Digital Banks in the Philippines Interest Rates".
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Apr 13, 2026The OFBank offers four digital products and services which include a Digital Onboarding System with Artificial Intelligence (DOBSAI), which allows the real-time opening of a mobile banking deposit account on supported iPhone or Android devices. Aside from deposit savings accounts, the OFBank’s digital services also include fund transfers, bill payments, multi-purpose loans, and remittances.
Download KOMO: Android | iOS OFBank The Philippine government, spearheaded by the Department of Finance (DOF) and the Land Bank of the Philippines (LANDBANK), has launched the Overseas Filipino Bank (OFBank) as a digital-only, first branchless Philippine government bank that let clients complete banking transactions across the globe. As a digital-only facility, OFBank utilizes Digital Onboarding System with Artificial Intelligence (DOBSAI) to facilitate real-time account opening via the OFBank’s Mobile Banking Application. There are three types of accounts available in OFBANK’s DOBSAI: the OFBank Visa Debit Card for OFs and OFWs, the OFBank Visa Debit Card for beneficiaries, and the OFBank Debit Card for beneficiaries below 18 years old.
Our coverage of OFBank includes: "The 6 BSP-licensed digital banks in the Philippines"; "Digital Banks in the Philippines Interest Rates"; "Digital Banks in the Philippines". Each article provides unique insights and information.