#one filipino one bank account

Senator Win Gatchalian is planning to file a bill called 'One Filipino, One Bank Account' which mandates the government to provide every Filipino with a bank account. May isang batas akong gustong i-file na may kaugnayan sa national ID, ang tawag ko dito ay "One Filipino, One Bank Account." Dapat mandatory na bigyan ng pamahalaan ang lahat ng mga naninirahan dito ng bank account. Gatchalian, who is also one of the Vice Chairpersons on the Senate Committee on Banks, Financial Institutions and Currencies, said owning a bank account should be considered a basic requirement among Filipinos, regardless of the individual's socio-economic class. The senator also said that Filipinos can take advantage of contactless and cashless payments through mobile phones and digital wallets. Sending money to the wrong account can be difficult to reverse, especially as most digital payments today are processed instantly. The central bank emphasized that the responsibility to assist customers primarily lies with the originating financial institution (OFI), or the bank or e-wallet used to send the money. Read more in our articles including "Sen. Gatchalian to file 'One Filipino, One Bank Account' bill" and "BSP explains what to do after sending money to the wrong account".