ONB launches Internet banking for countryside business clients

Internet banking is now made accessible for business clients with operations in the countryside.
The good news was announced during the first ever Client Appreciation Night hosted by rural banking giant ONB last August 24 at the ONB Center in Sasa, Davao City.
Guests of the event witnessed a special segment in the program marking the official launching of the ONB Business Online Banking (BOB), an internet banking cash management solution designed for business banking transactions in the countryside.  A product demo booth was also installed where interested clients gained first-hand experience of this much awaited electronic banking facility with the assistance of ONB’s Online Banking team.
ONB Business Online Banking is a business tool designed to address the cash management needs of countryside business clients. It makes business banking possible wherever there is an internet connection – at the comfort of your home, internet café, Wi-Fi zones and even out of the country.
Business Online Banking 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. It 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 Business Online Banking makes business banking experience in the countryside more efficient.
ONB continues to respond to the evolving needs of unbanked and underbanked progressive communities with the expansion of its network of branches, ATMs and POS. As of end August 2012, the bank operates with 86 branches, 5 micro banking offices (MBO) in Davao City and a total of 126 onsite and offsite PeraAgad ATMs. The bank has recently secured approval from the BSP to establish 5 more branches in Iloilo which will complement the existing 6 offices of RB of San Enrique in Iloilo soon to be absorbed by ONB once the merger secures approval of banking authorities.