BDO Wins Best Cash Management Solution in the PH

BDO Unibank Inc. (BDO) won the Best Cash Management Solution in the Philippines award at the 16th Annual Best Deal and Solution Awards 2022. BDO was recognized for its collections solutions for the Bank’s client, International Container Terminal Services Inc. (ICTSI), known to be among the world’s top 10 global terminal operators. The award was given by Alpha Southeast Asia, an institutional investment publication focused on Southeast Asia which includes the Philippines, Singapore, Indonesia, Malaysia, Thailand, and Vietnam.

BDO has consistently been providing innovative solutions specific to the institutional client’s need in managing their cash flow requirements through the Bank’s efficient payments and collections processes supported by its enhanced digital technology.

The Collections Facility which allows Real-time Settlement and Notification of each payment received enables the Bank to fully cover the reconciliation and matching requirements of ICTSI’s customs and duties processes. From big shipping companies and brokers to sole proprietors, each of these ICTSI clients can now pay their fees and duties through the Bank’s digital platforms --- Business Online Banking (BOB) and Personal Online Banking (POB), as well as over the counter (OTC) at any BDO branch, the network with the widest coverage in the country.

“Our partnership with ICTSI embodies our philosophy of ‘We Find Ways.’ This solution helps ICTSI customers save on port charges, as their dues are settled faster and goods are released quicker. ICTSI, on the other hand, also benefits from faster payment reconciliation and quicker turnover of goods on their ports. This solution focuses on giving the rich payment information quicker while also speeding up the movement of cash in real-time manner,” said Carlo Nazareno, Senior Vice President and head of Cash Management Services of BDO Unibank.

BDO is the country’s largest bank in terms of total assets, loans, deposits and trust funds under management. The Bank has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,600 ATMs nationwide, and has 16 international offices in Asia, Europe, North America and the Middle East. The bank also offers extensive digital banking solutions to make banking easier, faster, and more secure for its clients.

Comments

Check out more...

GCash cautions against gambling apps used for phishing

A recent investigation by the National Privacy Commission (NPC) and the leading mobile wallet GCash, has led to the discovery of certain gambling sites and apps which were used for account takeovers in the recent surge of phishing scams. Additionally, some influencers may have unknowingly promoted these gaming apps without being aware of their fraudulent nature. GCash is now cautioning its users to be extremely careful when accessing online gambling sites and apps, and to avoid them altogether if possible. In this latest scheme, perpetrators created gambling apps while falsely claiming to be accredited by the Philippine Amusement and Gaming Corporation (PAGCOR). These apps deceive users with a verification process, redirecting them to a fake GCash website or payment page to top up betting credits. From there, fraudsters were able to access sensitive information such as credit card details, passwords, GCash numbers, MPINs, OTPs, and other personal data that can be exploited to gain unau

5 moments that made the 2022-23 NBA Season epic

Rewatch the season that was – and more – with NBA League Pass powered by PLDT Home! The 2022-23 NBA season has been nothing short of epic. From the league’s best players cementing their legacies to teams achieving historic feats, the NBA has provided some of the best storylines throughout the year – all of which Filipino fans can revisit through NBA League Pass powered by PLDT Home. As the season culminated with the Denver Nuggets dominating over Miami Heat, 4-1, here’s a look back at some of its best moments: 1. Big trades shock the league An NBA season isn’t complete without teams making huge moves before and at the league’s trade deadline. The Dallas Mavericks made the first big move, trading Spencer Dinwiddie and Dorian Finney-Smith to the Brooklyn Nets for Kyrie Irving, adding another superstar to their team to back up Slovenian superstar Luka Doncic. However, the biggest trade was completed during the deadline, when the Phoenix Suns landed Kevin Durant in a massive four-team

Book Your Flights with Cebu Pacific and Seize Sulit Hotel Deals

Cebu Pacific (PSE: CEB), the Philippines’ leading airline, is giving every Juan more reasons to seize the moment and book their flights now as it partners with several hotels offering sulit and exclusive discounts for that one unforgettable vacation. Book your flights across Cebu Pacific’s widest domestic network and get these exciting deals from the following hotel partners * : Club Paradise Palawan • 10% off on seafood bucket • 30% off on couple’s massage at Glow Spa • 10% savings on other treatment and services Discovery Shores Boracay • 16% off on dining offers; Tomohawk Steak at Forno Osteria Modern Filipino Boodle Fight • 16% off on spa treatments: Terra for Two (180 mins); Terra’s Journey (180 mins) Discovery Samal • Up to 40% off in The Bar - Junior Suite, Executive Villa and Villa rooms o Includes breakfast for two, roundtrip airport and boat transfers o Stay dates : August 1 - December 20, 2023 Fili NuStar Hotel and Casino Cebu • Up to 25

#Gcash users can now go cashless on their next Euro trip thanks to Alipay+ partnership

GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy. This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers to a hassle-free and rewarding travel experience abroad. Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy. “In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account no

The Little Mermaid’ makes a splash onto the screens of SM Cinemas

The much-awaited live-action reimagination of Disney’s classic, ‘The Little Mermaid,’ is currently showing at SM Cinemas nationwide. Dive into a world of underwater adventure, finding love, and realizing dreams with Ariel, portrayed by American singer-songwriter, Halle Bailey. Swim with the young mermaid as she trades her voice for legs so she can discover the world above water. At SM Cinemas, movie screens are equipped with cutting-edge technology that offers the highest quality of pictures and sounds. Be a part of Ariel’s world through the SM IMAX experience of crystal-clear scenes, with a wider view of life under the sea. Watch films on a state-of-the-art screen that is twice the size of a regular cinema where one can feel the crashing waves through a cinematic surround sound system. The comfort and convenience of moviegoers have always been a top priority. The plush seating, spacious theaters, and efficient ticketing systems ensure that the movie-watching experience is hassle-free

The PR & Events Circuit

Search This Blog