BPI OFW Loan

Bank of the Philippine Islands offers OFW loans from PHP 20,000 to PHP 500,000 at a fixed monthly add-on rate of 1.20%, one of the lowest available from a major Philippine commercial bank for Overseas Filipino Workers. Applications can be lodged at BPI branches or through accredited BPI overseas offices, with income documented using POEA employment contracts and remittance records. A Philippine-based co-borrower is required, and loan proceeds are credited to a BPI account in the Philippines.