The strategic alliance, which began in 2017, has proven to be a game-changer, enabling Filipinos in Japan to transfer money 24/7 through Seven Bank’s International Money Transfer app and its network of 27,000 ATMs. With this renewal, BDO and Seven Bank are looking to further expand their services to better cater to the financial needs of Filipinos overseas.
Trust and innovation
Seven Bank’s president and representative director, Masaaki Matsuhashi, praised BDO’s dedication to customer service, stating, “BDO is very passionate and aggressive in providing new services to customers, which aligns with Seven Bank’s values. We are excited to strengthen our partnership and develop new services together.”
Similarly, BDO senior vice president and head of remittance, Genie T. Gloria, highlighted how the collaboration addresses a major challenge for Filipino workers in Japan—their limited time to visit banks or remittance centers due to work schedules. “With the Seven Bank mobile app and ATMs, OFs can send money anytime, anywhere,” she said.
Reliable, accessible remittance solutions
Filipinos in Japan trust BDO and Seven Bank for their reliability and extensive reach. Beneficiaries in the Philippines can receive remittances through multiple channels, including:
BDO Kabayan Savings – Allowing recipients to withdraw cash from BDO’s 5,700+ ATMs nationwide.
Cash pick-up anywhere – Available at over 14,000 locations, including 1,700+ BDO and BDO Network Bank branches, SM mall remittance counters, and 12,000+ Cash Agad partner agents.
Expanding services
BDO’s remittance network in Japan began with its BDO Remit office in Shinjuku in 2016, followed by its partnership with Seven Bank a year later. The alliance expanded BDO’s presence beyond Tokyo to various prefectures across Japan.
“With BDO, every transaction is successfully sent and received,” Matsuhashi said in a statement released by BDO. This reliability has earned BDO the trust of remittance partners worldwide, including those in North America, Europe, the Middle East, and Asia-Pacific.
As remittances from Filipinos abroad continue to grow—hitting a record-high $37.2 billion in 2023—BDO and Seven Bank reaffirm their commitment to supporting Filipinos in Japan with fast, secure, and convenient money transfer solutions. —Ed: Corrie S. Narisma
