RCBC’s Telemoney Group recently concluded another KAPihan session, an annual event that
helps keep the bank’s shipping clients aware of OFW-related issues and changing market
conditions.

The bank’s clients were privy to talks on the different benefits awarded to seafarers and their
dependents from keynote speakers from the Overseas Workers Welfare Association (OWWA)
such as Teresa B. Capa, Chief of Program Service Division, and Melanie Delos Santos, Head of
In-House PDOS. Another speaker was Raul Ruiz, Head of Research at RCBC Securities, who
gave an in-depth lecture on how the Philippine economy, the stock market, and FX rates, affected
the business of shipping companies.

The event, held at Balesin Islander Restaurant at the City Club in Alphaland, Makati, was one of
the bank’s many efforts to keep its Telemoney clients well-informed about current events as well
as the various products and services that RCBC can offer its clients and their families.

One such service also presented during the annual KAPihan is a payroll system offered to various
shipping companies, the Maritime Allotment Payroll System (MAPS). The service is specifically
designed for shipping and manning companies that deploy their employees abroad, it can instantly
generate reports for employees regarding their Philhealth, Pag-Ibig, and SSS contributions as well
as print payslips for both the seafarer and their beneficiaries.

RCBC Telemoney continues to innovate and improve on its services for its seafaring and OFW
clients, ensuring that their products and benefits offered are up-to-date and continually meet the
shifting needs and wants of their growing consumer base.