Rangay Bank Official Site

PABAHAY LOAN PROGRAM

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ATMs AVAILABLE IN MORE BRANCHES

Rang-ay Bank continues to roll out Automated Teller Machines (ATMs) in its branches in the 2nd semester of 2020. The bank partnered with the Development Bank of the Philippines (DBP) and Electronic Network Cash Tellers, Inc. (ENCASH) for the ATM installations. This will allow cardholders from rural towns to conveniently access their deposit.

In addition to the five (5) existing ATMs located in Luna (La Union), Bangar (La Union), Bacnotan (La Union), Sta Cruz (Ilocos Sur) and Sta Lucia (Ilocos Sur) Branches, four (4) more ATMs are now accessible at San Fernando Main Branch (La Union), Agoo (La Union), Balaoan (La Union) and in Dingras (Ilocos Norte) Branches which provide 24/7 ATM service.

Rang-ay Bank continues to work hard to provide globally competitive banking services to the countryside and ensure that clients have access to their funds during these critical times. The bank believes that ATMs are essential as they enable the public to have 24/7 access to their finances especially in rural towns. More ATM installation will soon be available in more Rang-ay Bank Branches as the bank aims to provide safe, secure and convenient banking in the countryside.

DEPOSIT & WITHDRAW KAHIT SAAN

Rang-ay clients continue to reap the benefits of the bank’s new Core Banking System. Inter-Branch Transactions such as Deposits, Loan Payments, Remittances, Withdrawals and Encashments are now easier to use and available in all 29 branches of Rang-ay Bank all over Region I and Cordilleras.

Inter-branch deposit is free of charge with no maximum amount, no maximum number of transactions and can be done by depositors in any Rang-ay Bank Branch. Withdrawals and check encashments through inter-branch can be processed by Account holders in any Rang-ay office for minimal fees. Additionally, inter-office remittance is available to both clients and non-clients as affordable means of transferring money. Visit your nearest Rang-ay Bank Branch for the cheapest remittance service in the Ilocos Region.

For more information about the bank’s list of products and services, visit our website at www.rangaybank.com. You may also course your queries to our facebook page at facebook.com/rangaybank.

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NEW REMITTANCE SERVICES

Rang- ay Bank clients now have more choices for remittance services as the bank on boards more remittance partners: Instapay & Pesonet, Transfast and iRemit.

Transfast and iRemit offer reliable remittance service with Rang-ay Bank as a remittance partner to service clients who will be availing of these services. Transfast is an international money transfer and cross border payments company that offers cash payout service with no payout limit. iRemit on the other hand is a Philippine-based company that engages in providing fund transfer and remittance service with a maximum of Php 50,000 payout limit every transaction.

These new remittance services are now available in all 29 branches of Rang-ay Bank. These partnerships are in addition to its existing network with Western Union and BDO Remit.

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CONTINUED CAPACITY BUILDING THROUGH WEBINARS

Rang-ay Bank officers and staff continue to attend trainings and seminars via webinars for continued capacity building during the pandemic.

The RBAP conducted a Strengthening Internal Controls in Rural Bank Webinar attended by Audit Associate May Ducusin last July 3, 2020 .On July 9, 2020, another webinar in the Digital Marketing conducted by Sales Marketing Expert and Trainer Chris Randolph from Ariva Academy was attended by Marketing Officer Florence Joy Licudine together with Marketing Associate Joy Paatan. The Rural Bankers Research and Development Foundation, Inc. (RBRDFI) also conducted a virtual seminar on How to Spot Fake Documents, Verify Signature, Detect and Prevent Forgery on July 15, 2020 participated by Main Branch Deposit Assistant for COCI (Cash and Other Cash Items) Erika Llanes.

On July 23,2020, Senior Manager for Cash and Remittance Management Eleanor Gozum attended the Market Interest Risk Management facilitated by Dreams Management & Financial Consulting Services . On the same day, VP Nina Francisca Palabay and CMU Associate Shiela May Teodoro took a part in a Transunion Webinar titled “Get to know your borrowers better”. Last August 13, 2020, Perahub also conducted online briefing/training as part of the comprehensive preparation for the new remittance services attended by Senior Manager for Cash & Remittance Management Eleanor Gozum, Treasury Associates, Main Branch Assistant Manager Flor Valencia, HR Training Officer Alexander Ferrer & HR Training Associate Meliza Acosta and Deposit & Loan Assistants from the 29 branches of the bank.

As we all learn to live in the new normal, the bank continues to upgrade the skills and knowledge of its employees through webinars to ensure quality banking services in the countryside.