Department of Migrant Workers, GCash launch program to help OFWs achieve financial freedom

GCash financial literacy program for OFWs helps them maximize their earnings and teaches them the value of saving.

 To help Overseas Filipino Workers (OFWs) and their families achieve financial independence, the Department of Migrant Workers (DMW) recently kicked off the Bagong Pilipinas Serbisyo Caravan in Tarlac City, in collaboration with the country’s leading finance app GCash.

With the theme “Bagong Bayani Kaagapay sa Bagong Pilipinas,” the two-day event offered a wide range of services for OFWs and their families, including pre-employment and anti-illegal recruitment orientation seminars, welfare and legal assistance, and reintegration support, including comprehensive government and financial services to OFWs and their families. A financial literacy program was also conducted by GCash for overseas Filipino workers (OFWs) to help them maximize their earnings and teach them the value of saving.

“The Department of Migrant Workers continues to see the importance of partnership with LGUs and private institutions like GCash, to provide options for OFWs to manage and handle their finances well. Our migrant workers leave the country to provide better lives for their families but it shouldn’t end there. Our end game should be that they can finally come home to their loved ones and through our partnerships, we will help them achieve their financial goals faster,” says DMW undersecretary Patricia Yvonne "PY" Caunan.

During the caravan, GCash presented its suite of services to OFWs including Filipinos bound for deployment and their families to help improve their lives and achieve their financial goals. These include secure money transfers, savings accounts, insurance, and lending and investment options which are all accessible through the GCash app.

“In line with the vision of GCash to give more Filipinos financial access across the world, we offer various services and innovations designed for Overseas Filipinos. We allow free Send Money from GCash Overseas to the GCash account of their loved ones in the Philippines instantly and to many, at multiple times. We have also partnered with international remittance centers with the most competitive exchange rates with minimal fees. This helps our hardworking OFWs save a lot as we provide them a more cost-efficient way to send money to their families back home,” says GCash international general manager Paul Albano.

Aside from these services, GCash has also made its services available in more territories enabling Filipinos to download and utilize the GCash app by using their international number. GCash Overseas is available in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong, and Australia. Likewise, GCash Overseas also enables OFWs to conveniently receive money from the Philippines, and experience seamless cashless transactions by using the GCash Scan to Pay feature in Alipay+ enabled merchants and networks for convenient payments.

“We continuously pursue these activities and opportunities, locally and overseas, to promote the values of financial wellness. GCash wants to emphasize that we are not only their partner for their ‘everyday’, but also help them prepare for the rainy days and build their ‘one day’,” says GCash head of overseas acquisition marketing Adrian Galang.

Together with its partners, GCash continues to take on a proactive role in pushing its “Finance for All” agenda, providing Filipinos with a safe, secure, and efficient fintech solution wherever they are.

For more information, please visit www.gcash.com.