The proposed Overseas Filipino Workers Remittance Protection Act would cut remittance fees in half for OFWs’ families, require money‑transfer firms to display the peso exchange rate, ban fee hikes without government approval, punish fraud, and provide free financial‑literacy training for OFWs and their families.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB08693. Status changes over time; check the link for the latest.
HB08693 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.