OFW TIPS

Filipinos based overseas will no longer be required to submit passport copies, purchase receipts or price of individual items inside balikbayan boxes they send to the Philippines. The more stringent guidelines by the Bureau of Customs for…
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More Filipino households are now investing the money sent home by family members working abroad, according to a quarterly survey conducted by the Bangko Sentral ng Pilipinas. BSP officer-in-charge Diwa Guinigundo said the percentage of…
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An arriving overseas Filipino worker has accused a cargo forwarding company of mishandling the balikabayan boxes he previously sent to his family in the Philippines. In a report by GMA News, Ferdinand Acupan, who arrived from Dubai, said…
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Overseas Filipino workers are well-known to be resilient people, enduring life's challenges, sacrificing personal time and pleasure for the sake of others. But when it comes to financial literacy -- a crucial element that can make or…
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Are you planning to work abroad, or just started your new career as overseas Filipino worker? One of the most crucial decisions that could influence your money-saving habits during the first few weeks as an OFW is how you choose your bank…
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Senate President Aquilino Pimentel III has filed a bill that seeks to give every overseas Filipino worker the right to send a tax-free balikbayan box every month, a GMA News report said on Tuesday. If passed into law, Senate Bill No.…
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To continue avail of zero maintaining balance feature of BDO,  the company has recently issued an advisory to all BDO Kabayan Savings account holders. Remit to your account at least once within a year. Failure to do so would convert the…
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A new memorandum from the Bureau of Customs, starting August 1, only relatives of balikbayan box senders can receive them. BOC Memorandum Order 04-2017 also ordered that balikbayn boxes should include a detailed list of balikbayan box…
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Anticipating the class openings in the Philippines, Filipinos abroad sent home $2.31 billion, 5.5% higher year-on-year, keeping monthly remittances at least $2 billion for the 16th straight month. Cash remittances sent through banks last…
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A long-delayed delivery of balikbayan box from Qatar has rendered its contents worthless, earning the ire of the receiving family. In a complaint filed before the program 'Sumbungan Ng Bayan', OFW Rodante Rollan Jr reportedly paid…
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