Overseas Filipino workers (OFWs) from the United Arab Emirates will still be able to benefit from money transfers free of charge to the country, despite the latest shift to impose fees on cross-country payments.
The protocol was set by the Emirates National Bank of Dubai (NBD), which will be effective through its DirectRemit service starting on September 1, 2025.
“We deeply appreciate Emirates NBD for preserving fee-free transfers to the Philippines even as they introduce fees for other destinations. This is a clear sign of their understanding of how essential these remittances are for Filipino households,” Department of Migrant Workers Secretary Hans Cacdac stated.
Countries including India, Pakistan, Egypt, Sri Lanka, and the UK will also be exempted in the new protocol.
Additionally, Cacdac expressed his gratitudes towards the UAE Government for the exemption.
“We likewise express our sincere gratitude to the UAE Government and the Ministry of Human Resources and Emiratisation (MOHRE) for fostering a supportive environment for migrant communities. Their cooperation ensures that OFWs can continue sending financial support to their loved ones without additional costs,” the Migrant Workers Secretary added. | via Florence Alfonso
#D8TVNews #D8TV