ONB launches online services

MANILA, Philippines - The One Network Bank (ONB) is now offering Internet banking services for business clients with operations in the countryside.

The electronic banking services was formally launched during the 1st ONB Client Appreciation Night last month at the seven-story ONB Center in Sasa, Davao City.

The BOB is an Internet banking cash management solution designed for business banking transactions in the countryside. It is a business tool designed to address the cash management needs of countryside business clients. wherever there is an Internet connection.

It offers a package of Internet banking functionalities according to the size, needs and operations of the business.

It basically enables direct access to accounts and transaction history, facilitating real time banking transactions such as fund transfers and payments of bills anytime in the day without the inconvenience of personally going to an ONB branch.

The BOB also expands into a bundle of cash management services such as collection and payment solutions designed to improve administrative and operational efficiencies of corporate clients or multinational corporations with multi-branch operations in the countryside.

By providing clients the choice and control in keeping an eye on accounts and managing the cash flow of their business, ONB’s online banking service makes business banking experience in the countryside more efficient.

ONB continues to respond to the evolving needs of unbanked and under-banked progressive communities with the expansion of its network of branches, automated teller machines (ATMs) and point-of-sale (POS).

It presently operates with 86 branches, five micro banking offices (MBO) in Davao City, and a total of 126 onsite and offsite PeraAgad ATMs.

The Bangko Sentral ng Pilipinas (BSP) approved recently ONB’s application for five more branches in Iloilo, which will complement the existing six offices of RB of San Enrique in Iloilo. ONB acquired the Iloilo rural bank and is awaiting the approval of banking authorities.