How To Open An Overseas Filipino Bank (OFBank Digital Onboarding System With Artificial Intelligence) Account Online

You can open a bank account within just 5 minutes or less!

What is the Overseas Filipino Bank (OFBank)?
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The Overseas Filipino Bank (OFBank), has officially become the first branchless digital-only bank in the country’s history after securing a digital banking license from the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP). It is a wholly-owned subsidiary of the Land Bank of the Philippines (LANDBANK).

OFBank was created to cater to the banking and financial requirements of overseas Filipinos, Overseas Filipino Workers (OFWs), and their beneficiaries. Following its special mission, OFBank is devoted to providing reliable and secure financial products and services to satisfy these requirements, including the delivery of quality and efficient foreign remittance services.

How am I able to open an account?
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OverseasFilipino Bank has made the process easier. In just 5 minutes or less. You will finish the process using OFBank DOBSAI.

DOBSAI is a mobile banking deposit account opening facility on supported iPhone or Android devices. It facilitates real-time account opening by employing image recognition technology that permits you to capture and upload your facial image and therefore the front of your identification (ID) card.

1. To open an OFBank account, simply download the OFBank Mobile Banking App via Google Play or Apple App Store to open an account through DOBSAI with great ease and convenience. Simply follow the steps and supply all the specified information.

• Enter your user ID and password on the login screen.
• Click “Continue” on the welcome page to proceed.
• Select appropriate description (OFW, OF, or beneficiary), then click “Proceed” on the reminders page.
• Click “Confirm” to indicate that you have read and agreed to the terms presented in the Terms and Conditions agreement.
• Fill out the Profile Details section.
• Input a one-time PIN, and click “Submit” to authenticate your mobile phone number. Follow the same step to authenticate your e-mail address.
• Create a User Profile and Password.
• Proceed to the selection of Security Questions and Answers and click “Next” to continue.
• Input your personal, financial, and account purposes information.
• Upload your ID and take a selfie
• Review all the information provided and click “Confirm”.

2. ​You shall receive a confirmation on the OFBank Mobile Banking App and via email once your account opening is completed successfully.

What are the requirements for opening an account?
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Before opening an account through the OFBank Mobile Banking App, confirm your internet connection is secure and be ready together with your active email address and active mobile number.

Have one (1) of the following valid identification (ID) cards on-hand for scanning and verification purposes:

For Overseas Filipinos and Overseas Filipino Workers:

• Passport
• UMID
• PRC ID

​For Beneficiaries:

• Company ID
• Driver's License
• GSIS
• OFW ID
• OWWA ID
• Passport
• Postal ID
• PRC ID
• School ID
• Senior Citizen ID
• SSS
• UMID
• Voter's COMELEC ID

Reminder: Make sure that the details you will provide in the application match the details in your selected ID.

What types of accounts does OFBank offer?
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OFBank offers the following ATM Savings Accounts for Overseas Filipinos, OFWs, and their beneficiaries:
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• OFBank Visa Debit Card for Overseas Filipinos and Overseas Filipino Workers
• OFBank Visa Debit Card for Beneficiaries

Eligibility Requirements:

At least 18 years old; Able to read and write; Not suffering from legal disability; and With credible identification.

• OFBank Regular Debit Card for Beneficiaries (for customers below 18 years old, but at least 7 years of age)

Eligibility Requirements:

At least 7 years old; Able to read and write; Not suffering from legal disability; and With credible identification.

What are the features of OFBank Accounts?
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OFBank Visa Debit Card
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• Transfer to OFBank accounts of your beneficiary, free of charge.
• Transfer funds through LandBank Remittance System in LandBank partner remittance companies.
• Transfer funds to accounts in other banks via InstaPay, with corresponding fees.
• Send remittance via Visa Direct through Visa partners abroad.
• Pay cashless to 61 million merchants accredited by Visa.
• Pay cashless via Point-of-Sale (POS) terminals in department stores, supermarkets, drug stores and other establishments.
• Withdraw cash through local and international ATMs, POS Cash Out accepting Visa Card, or over-the-counter in any LandBank Branch.
• Interest-bearing Peso savings account.
• Pay bills using: iAccess, Mobile Banking App, and Link.BizPortal

Merchants and billers include:
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• Utilities
• Insurance
• Credit cards
• Schools
• BIR (Taxes)
• PRC (Licenses)
• eCommerce purchases thru Dragon Pay
• LGUs (Business permits/real estate tax)
• PNP (Police clearance)
• and many more

OFBank Regular Debit Card

• Pay cashless via BancNet Point-of-Sale (POS) terminals at department stores, supermarkets, drugstores and other establishments.
• Withdraw cash via LandBank, BancNet ATMs, POS Cash Out, or over-the-counter in any LandBank branch.
• Receive remittance from OFBank Visa Debit account, free of charge.
• Received funds through Visa Direct or LandBank Remittance System at LandBank partner companies abroad.
• Transfer funds to accounts in other banks via InstaPay, with corresponding fees.
• Transfer funds to LandBank accounts, free of charge.
• Interest-bearing Peso savings account.
• Pay bills via ATMS or online to various merchants using: iAccess, Mobile Banking App, and Link.BizPortal

Merchants and billers include:
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• Utilities
• Insurance
• Credit cards
• Schools
• BIR (Taxes)
• PRC (Licenses)
• eCommerce purchases thru Dragon Pay
• LGUs (Business permits/real estate tax)
• PNP (Police clearance)
• and many more

Is there a fee for using DOBSAI?
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Account opening thru DOBSAI is free. No initial deposit. No maintaining balance.

Is there a limit to the amount I can transfer using DOBSAI opened account?
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Currently, the fund transfer limit is P50,000.00 per day.

Is OFBank DOBSAI secure?
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​OFBank use advanced encryption and security technology:

• When you log in with your smartphone, OFBank confirm your credentials and device;
• Online banking credentials and check images are not stored on your mobile device;
• OFBank require frequent password changes; and
• 128-bit encryption masks your sensitive information.

How can I get my ATM card?
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Visit any LandBank branch near you, then proceed to the New Accounts Counter. Present the ID you uploaded in the DOBSAI, and answer basic Know Your Customer (KYC) questions.