PBSP ties up with BDO for cash management services

Philippine Business for Social Progress (PBSP), the largest business-led social development organization in the Philippines, recently signed a memorandum of agreement (MoA) with BDO Unibank, Inc. (BDO) for various cash management solutions.
PBSP will use BDO’s Outsourced Check Printing, a web-based disbursement service that eliminates manual check preparation and allows easy reconciliation because reports are available online.

Likewise, PBSP will avail BDO’s payroll service, giving its employees a convenient way of receiving their salaries through BDO’s ATM debit cards and cash cards. An automated teller machine (ATM) will also be situated at PBSP office for employees’ easy accessing of their bank accounts.

Present during the MoA signing ceremonies were PBSP group director for Finance, Human Resources and General Services Maria Lourdes Arroyo, PBSP executive director Rafael C. Lopa, BDO senior vice president and Transaction Banking Group (TBG) head Emmanuel T. Narciso, and BDO vice president and TBG Client Implementation head Angela Veronica M. Dulalia.