AFPMBAI has teamed up with BDO Unibank, Inc. (BDO) to improve financial service delivery to the country’s military and uniformed services, as well as their families.
This collaboration allows the Association to use BDO’s comprehensive cash management solutions to provide secure, convenient, and efficient banking services to its members. According to the agreement, loan proceeds, benefits, and dividends are immediately credited to members’ bank accounts, enabling immediate and convenient access to money.
AFPMBAI members can now pay bills and insurance premiums via BDO’s broad payment options, which includes BDO Online, BDO Pay, and over-the-counter transactions via the 1,700 BDO branches nationwide. The partnership allows for automatic payments of recurring financial obligations such as loan amortization and insurance premiums, reducing the possibility of delays and penalties.
BDO has also provided Deposit Pick-Up and Motorized Cash Pick-Up services to help the Association improve its operational efficiency by securely transporting collections from loan payments, insurance premiums, and excess cash to be deposited directly into AFPMBAI’s account. To further improve financial procedures, BDO has provided the Association with Corporate Check Scanners, which enable AFPMBAI to scan and deposit checks from within its office premises, reducing the need for actual branch visits.
BDO and AFPMBAI executives and representatives (seated L-R): SVP Monina Elena M Camigla, BDO Financial Institutions (FI) and International Desks (ID) Deputy Department Head; SVP Romeo Ramon Martin R Co Jr, BDO FI and ID Department Head; SVP Carlo B Nazareno, BDO Cash Management Services Head; EVP Charles M Rodriguez, BDO Institutional Banking Group Head; RAdm Dorvin Jose L Legaspi PN (Ret), AFPMBAI President and CEO; Vice Admiral Eduardo D Fabricante PCG (Ret), AFPMBAI Chief Operations Officer and Head of Sales and Operations Group; along with other BDO and AFPMBAI management
“We appreciate how BDO helped us gain better financial control and therefore giving us more time for our core operations and fulfilling our duty to provide security, protection and meaningful financial solutions to our members—the uniformed services of the Philippines and their families,” said RAdm Dorvin Jose Legaspi PN (Ret), president and CEO of AFPMBAI, in the ceremonial MOA signing held on 15 April 2025 at the AFPMBAI Head Office, Quezon City.
“We are honored to provide AFPMBAI and their members with the solutions to collect, pay, and move money easily and on time. Our goal is to further improve their cash flow, reduce manual work, lower risks from handling cash, and ensure that payments—like premiums, loan proceeds and dividends—are done accurately and securely,” said Carlo Nazareno, senior vice president and head of BDO cash management services. “This underscores our commitment to serving those who serve our nation,” he added.
