UnionBank launches 3 new Bank-on-Wheels mobile kiosks with new, innovative features

-

 

Union Bank of the Philippines (UnionBank) continues its commitment to enhancing customer experiences with the launch of three new Bank-on-Wheels (BOW) mobile kiosks, each featuring innovative upgrades to serve clients better.


The new BOWs were unveiled during a lease contract signing ceremony between UnionBank and Aboitiz Foundation, Inc. (AFI), held last September 14 at the UnionBank Innovation Campus in San Pedro, Laguna. The contract allows UnionBank to use one electric vehicle owned by AFI as mobile banking kiosk.

Designed for mobility, the new BOWs offer mobile ATM services in a comfortable setting similar to The ARK, UnionBank's fully digital and paperless bank branch and the first of its kind in the country. The BOWs enable convenience by bringing banking services closer to clients through numerous features that cater to different needs. Additionally, all automatic teller machines (ATMs), cash recycler machines (CRMs), and other electronic equipment inside the BOWs are powered by batteries to minimize carbon emission.

The first of the three is a fully electric Bank-on-Wheels (eBOW) which has almost zero emissions, and will cover the areas of Metro Manila and nearby provinces. It is equipped with an ATM, where UnionBank cardholders can do balance inquiries, cash withdrawals, fund transfers, bill payment transactions, and PIN change, while CitySavings cardholders can do cash withdrawals and balance inquiries with zero fees. Non-UnionBank cardholders can do balance inquiries and withdrawals.


The second BOW is equipped with an ATM and a CRM, and will also cover areas in Metro Manila and its surrounding provinces, extending its reach to a wider geographical scope. This BOW allows UnionBank customers to do cardless withdrawals, as well as carded and cardless deposits, in addition to balance inquiries, cash withdrawals, fund transfers, and bill payment transactions. The CRM also allows Citi and CitySavings customers to do cash withdrawals and balance inquiries with zero fees. Meanwhile, non-UnionBank cardholders can do balance inquiries and withdrawals through the CRM.

The third BOW comes with a UnionBank ATM and a CitySavings ATM, and will be based in Davao to serve its customers in Mindanao. UnionBank and CitySavings customers, respectively, can do balance inquiries, cash withdrawals, fund transfers, and bill payment transactions. Non-UnionBank cardholders can do balance inquiries and withdrawals.

"In a world where financial transactions are rapidly evolving, we recognize the importance of adaptability and inclusivity. UnionBank's Bank-on-Wheels is not just a vehicle; it is a symbol of our dedication to reaching our valued customers, wherever they are, whenever they need us," said UnionBank Head of Corporate and Digital Operations Magz Magbanua.

"Today's gathering is not just the signing of an agreement. It's about a collective endeavor, a testament to how stakeholders from diverse backgrounds can unite to create solutions that transcend boundaries," said AFI President and Chief Operating Officer Maribeth Marasigan. "We are here to emphasize the importance of environmental management, social responsibility, and good governance in our pursuit of long-term value creation, financial growth, and business capability."

 







SEE ALSO:UNIONBANK’S AI SOLUTION SHINES AT THE ASIAN TECHNOLOGY EXCELLENCE AWARDS


Comments

Post a Comment

Popular posts from this blog

SM for MSMEs’ Wall of Champions honors Filipino entrepreneurial spirit

-
Image
    Celebrating the strength of 17,000+ thriving businesses In a dynamic celebration of Filipino entrepreneurship, SM Supermalls proudly unveiled the micro, small, and medium enterprises (MSMEs) Champions' Wall, a visual tribute to the resilience, dedication, and excellence of the country’s 17,000 MSMEs. Held at the SM Mall of Asia (MOA), the special event gathered distinguished guests to honor the 2024 Presidential Awardees for MSMEs, recognizing their invaluable contributions to the nation’s business landscape. In the photo: The 2024 Presidential Awardees for micro, small, and medium enterprises (MSMEs) from Kawayan Collective, Hey Success PH, Ai-She Footwear Fashion, Nelly Coffee and Tablea, Malagos Chocolate , Tropical Palm Herb Manufacturing , and Jojie’s Bakeshop, with SM Supermalls Executive Vice President for Marketing Jonjon San Agustin, Senior Assistant Vice President (SAVP) for Marketing – MSMEs Pats Dy, AVP for MSMEs Royston Cabunag, and Department of...
Read more

SM Prime: Engineering a sustainable future

-
Image
  SM Prime Holdings, Inc. (SM Prime), one of Asia’s leading integrated property developers, sustainability is elevated through a strategic framework that leverages the company’s extensive operations, significant economic impact, and cultural influence. SM Prime leads the way in sustainable development, integrating sustainability into its core business strategy. SM Prime’s sustainability journey began in the 1990s, guided by a focus on resilience and practicality. The company has always valued substance over style, favoring strategies grounded on real-world application rather than flashy, short-term fixes.  Its strategy is built on what truly matters to the business and the community it serves, ensuring that its sustainability efforts are both effective and enduring. In its 2023 Annual Integrated Report, SM Prime introduced its Sustainability Ambition Roadmap with a clear and powerful message: Together for a sustainable future – aligned with its vision of creating and managing ...
Read more

From Bin it Right to #SMWasteFreeFuture: How SM minimizes landfill impact

-
Image
  The SM Waste-Free Future initiative endeavors to reduce waste generation and increase the rate of diversion. It is not “out of sight, out of mind”; landfills are not just eyesores in remote areas, but they also pose a significant health risk to the communities around them and emit a substantial amount of greenhouse gases from decaying food waste. The RDC, or Recyclable, Disposable, and Compostable bins at SM Supermalls, are not only for show but serve as the start of the journey to achieve a net-zero landfill and beyond. SM has recycled 130,250kg of its internal non-essential documents through its bulk paper recycling program. SM’s environmental programs, such as the monthly Trash to Cash recycling market, continue to support communities towards sustainable living. For recyclable waste, SM has initiatives like the "Trash to Cash" recycling market, which successfully gathers over 1 million kilograms annually of plastic, paper, and other materials for reuse or recycling. The ...
Read more