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The Bayani OFW Savings (BOS) account is an account intended to support the requirement and need of Overseas Filipino Workers (OFWs) for a special deposit product. It aims to facilitate and support OFWs in making preparations for their subsequent remittance from overseas since funds can be credited to the BOS account.
By offering this type of account, the Bank aims to help develop the habit of saving and improve financial literacy and financial management skills of OFWs and their families.
Opening Balance Requirement
Minimum ADB Requirement
None, provided that remittance credited to the account is made within 12 months from the account opening date and every 12 months thereafter.
Over-the-counter transactions, ATMs, Sterling Bank Online, BancNetonline, comes w/ Bayani OFW Visa Card
How to remit your savings to your Bayani OFW Savings?
If depositor/account holder is in another country, he/she may remit through the following:
Service charge or fees may apply depending on the Bank or iRemit center where remittance/s is made through.
Comes with Bayani OFW Savings Visa Debit Card
Access your funds anytime, anywhere with a Bayani OFW Visa debit card that works more than just an ATM card.
Your Bayani OFW Visa debit card can also be used in paying for purchases from both online and retail merchants.
Deposit Rates Comparison
As of November 29, 2019
How Do I Apply
1 original valid photo-bearing government-issued ID
(click here for the list of acceptable IDs)
Passport and Alien Certification of Registration (ACR)
Card or Alien Employment Permit (AEP)
Complete the Account Opening Online Form
Wait for the reference number sent to you through SMS
Visit your selected branch and deposit the specified opening balance
Open a Bayani OFW Savings Account