M.O.V.E. – Maybank digital banking launched
Maybank Philippines launched Maybank M.O.V.E (Mobile Optimized Virtual Experiences). It is a first in the banking industry–a fully integrated digital offering that aims to enhance and simplify the process of performing financial services via its straight-through banking processes.
The new Maybank MOVE will allow customers to open an online-only savings account called iSave, using the Maybank2U PH App. All forms and documentary requirements can also be submitted online through the app.
The iSave account will be the fully digital account opening facility in the Philippines that also allows customers to access their accounts and enjoy free Interbank withdrawals via any ATMs nationwide.
Moreover, the new straight through processing capabilities (STP) will also allow customers to apply for credit cards. Customers may also apply for automobile financing from the comfort of their homes or even on the go, even beyond banking hours.
Accessibility of Maybank Virtual Banking
The Maybank MOVE offering was introduced in support of Bangko Sentral ng Pilipinas’s (BSP) financial inclusion agenda. It aims to make banking accessible to more Filipinos, especially around the countryside.
“For Maybank, MOVE is about enriching our offerings through digital banking. This is in line with our commitment to leverage on cutting edge technology as well as our strategic objective of being the digital bank of choice in the region,” said Choong Wai Hong, Maybank Philippines President and Chief Executive Officer.
Four Key Areas
Mr. Choong says that their digital approach is centered on four key areas, as follows:
- Enriching our customer offerings
- Investing in strategic capabilities
- Exploring broadly and understanding deeply the landscape
- Building and participating in the digital ecosystem
Maybank is closely engaging with regulators, Fintech companies, and global leaders to build differentiated digital offerings for their customers.
Head of Virtual Banking Maybank Philippines, Dexter Go said, “In 2019, we envision the Bank to continue enhancing our services for existing and prospective clients. Rest assured that we will revolutionize our customers’ banking experience to keep abreast of the constantly evolving trends in the market which are all inclined to digital adaptability.”
Maybank MOVE Store
Following the launch of this news offering, Maybank Philippines will be introducing the Maybank MOVE store. It is a mobile pop-up store that will travel across the Philippines to introduce the new STP products and processes, promotions, and activities.
The MOVE store is another innovative, hip, and fun initiative to showcase the array of digital conveniences that Maybank can offer to the Filipinos.
About Maybank Philippines
Maybank Philippines, Inc. (MPI) has 74 branches nationwide, making it the most accessible foreign bank in the country. This proposition will be expanded further as the bank embraces the ever-changing standards and requisites of the digital realm.
“In this day and age where everything is ultra-fast-paced, banks need to empower and encourage their loyal and future customers by giving them the flexibility of time and opportunities to MOVE – to do more of what they need to do. Maybank is answering this need by providing its clients good, fast and efficient services, lifestyle rewards and all other perks that the digital world has to offer,” added Dexter.
Maybank Philippines on Social Media
Be updated on where the Maybank Move Store will pop-up and more about their digital MOVE. Follow their official Facebook page @MaybankPhilippines. For more information, visit their website at www.maybank.com.ph.
Experience the refined Maybank virtual banking experience Let’s get ready to Move! Get Going, Get Banking with Maybank Move – Mobile-Optimized Virtual Experiences.
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