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Philippines: BDO Remit extends waiver of remittance fee
MANILA, Philippines — With more overseas Filipinos still wanting to extend their helping hand to their kababayans adversely affected by the Taal Volcano eruption, BDO Remit has extended its free remittance campaign on cash donations sent until end-June this year.
As of end-January, BDO Remit has collected more than P600,000 in cash donations from overseas Filipinos, remitted to different accredited foundations. Bulk of this came from the United States, Japan and the Middle East.
Cash donations collected by BDO Remit offices abroad are then coursed through different foundations namely BDO Foundation, ABS-CBN Lingkod Kapamilya Foundation, GMA Kapuso Foundation and Philippine Red Cross.
According to Genie Gloria, senior vice president and head of remittance of BDO, inquiries and requests (to extend the campaign) are pouring in from different Filipinos communities abroad.
“There are still those who want to donate. With this extension, at least they can still catch up and avail of the free remittance fee when they donate to the Taal victims. Even though the COVID-19 epidemic has grabbed everybody’s attention now, the fact of the matter is the problems caused by the Taal eruption are still present. It’s still a long time before they fully recover,” she said. “If we tell Filipinos abroad that their donations are free (of fees), they are more encouraged to donate, thus, the more people we can help.”
The remittance free campaign on cash donations to Taal victims started on Jan. 14 and is in effect originally until March 31, 2020.
Source: https://www.philstar.com/business/2020/03/10/1999468/bdo-remit-extends-waiver-remittance-fee