BDO OFW Loan – review 2026

Name: Recenze BDO OFW Loan
Item: BDO OFW Loan
Rating: 4.4
Author: Finatino.com

4,4 / 5

BDO Unibank's OFW loan program provides Overseas Filipino Workers with access to unsecured personal credit from PHP 10,000 to PHP 1,000,000 at a fixed monthly add-on rate of 1.30%, with applications accepted at BDO branches in the Philippines and at select BDO Remittance offices abroad. The loan is designed to accommodate the irregular employment documentation of OFWs, accepting POEA-validated employment contracts and allotment slips in lieu of local payslips. Repayment can be arranged through monthly allotment deduction or BDO account debit.

Pros

Accepts POEA-validated OEC and employment contract as income proof
Loan amount up to PHP 1,000,000
Fixed 1.30% monthly rate
Repayment via allotment deduction available
BDO branches accessible in over 1,500 locations

Cons

Processing takes 7-10 banking days
Requires co-borrower (spouse or immediate family) in Philippines
Original documents may need to be submitted in person
Exchange rate fluctuation may affect peso loan repayment for land-based OFWs
Not available entirely online – branch visit required

Requirements

Active OFW with valid POEA-processed employment contract
Aged 21-65 at time of application
Minimum monthly income USD 400 or equivalent
Valid passport and OEC (Overseas Employment Certificate)
Co-borrower or beneficiary residing in Philippines

Provider contacts

Name: BDO Unibank, Inc.
Address: BDO Corporate Center, 7899 Makati Avenue, Makati City 0726, Philippines
Reg. number: BSP Commercial Bank License
Website: https://www.bdo.com.ph
Online application: Apply now →
Regulator: Bangko Sentral ng Pilipinas (BSP)

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.