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Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City, Metro Manila 
TWENTIETH CONGRESS 
First Regular Session 
HOUSE BILL NO. 2716
Introduced by Representatives Bryan B. Revilla, Lani Mercado-Revilla, and Ramon 
Jolo B. Revilla III 
AN ACT 
PROVIDING FOR A FREE FINANCIAL EDUCATION TO OVERSEAS FILIPINO 
WORKERS AND THEIR FAMILIES 
EXPLANATORY NOTE 
Overseas Filipino Workers (OFWs) have long been instrumental in sustaining the 
Philippine economy through their substantial remittances, which support not only their 
families but also national consumption and growth. Despite their economic impact, 
many OFWs and their families remain vulnerable to financial instability due to limited 
knowledge of responsible money management, poor investment choices, and 
exposure to fraudulent schemes. 
The “Free OFW Financial Education Act” seeks to address this gap by providing all 
OFWs and their families with free, accessible, and practical financial literacy training. 
This initiative aims to help OFWs make informed decisions regarding their earnings 
and equip them with the tools necessary to avoid scams, manage credit responsibly, 
and invest in their long-term financial security. The bill mandates that all OFWs attend 
mandatory financial education sessions as part of their Pre-Departure Orientation 
Seminars (PDOS) and undergo additional training shortly after arriving in their 
countries of employment. Seafarers will have flexible options to complete the training 
either at their point of hire or upon return. 
Furthermore, the families of OFWs will be included in this educational effort through 
online platforms and other practical means of delivery. The Department of Migrant 
Workers (DMW), in coordination with the Overseas Workers Welfare Administration 
(OWWA), Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP), and other 
relevant agencies, will develop and implement training modules covering essential 
topics such as consumer protection, credit obligations, financial products, and avoiding 
high-interest loans and online scams. The bill also encourages proactive monitoring 
of digital content to prevent the spread of misleading or harmful financial 
misinformation targeting OFWs and their families. 
By empowering OFWs and their loved ones with financial knowledge and skills, this 
measure not only protects their welfare but also helps transform remittances into 
sustainable investments and assets. 
July 30, 2025
5:00 pm


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In view of the foregoing, the passage of this bill – which was previously approved on 
third and final reading by the House of Representatives in the 19th Congress – is 
earnestly sought.  
     REP. BRYAN B. REVILLA 
 
  REP. LANI MERCADO-REVILLA 
Representative, AGIMAT Partylist  
 Representative, 2nd District of Cavite  
REP. RAMON JOLO B. REVILLA III 
Representative, 1st District of Cavite


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Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City, Metro Manila 
TWENTIETH CONGRESS 
First Regular Session 
HOUSE BILL NO. 2716 
Introduced by Representatives Bryan B. Revilla, Lani Mercado-Revilla, and Ramon 
Jolo B. Revilla III 
AN ACT 
PROVIDING FOR A FREE FINANCIAL EDUCATION TO OVERSEAS FILIPINO 
WORKERS AND THEIR FAMILIES 
Be it enacted by the Senate and House of Representatives of the Philippines in 
Congress assembled: 
SECTION 1. Short Title. – This Act shall be known as the “Free OFW Financial 
Education Act”. 
SEC. 2. Declaration of Policy. – It is hereby declared the policy of the State to afford 
full protection to labor - local and overseas - and promote full employment and equality 
of employment opportunities for all. 
The State shall have the continuous duty to acknowledge the valuable contribution of 
Overseas Filipino Workers (OFWs) to our economy through their remittances. In doing 
so, the State shall adopt measures that will take care of the welfare and benefits of 
OFWs and their families like the provision for a free financial education or literacy 
training to equip them with enough knowledge for a proper and wise use of their hard-
earned money. 
SEC. 3. Coverage. – This Act shall cover all OFWs, either land-based or sea-based, 
15 documented or otherwise, and their families. 
SEC. 4. Mandatory Financial Education Seminar. – All OFWs shall undergo 
mandatory and continuously updated financial education or literacy training seminars 
which shall become an integral part of the Pre-Departure Orientation Seminars 
(PDOS) of departing OFWs. Moreover, Post-Arrival Training Seminars (PATS) on 
financial education or literacy shall likewise be required of OFWs within a reasonable 
time upon arrival in their respective countries of destination on their first employment 
contract, or those who transfer from one place of work to another without stopping by 
the Philippines. Overseas Filipino Seafarers shall have the option of attending these 
continuously updated financial education or literacy training seminars at their 


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respective points-of-hire, or within a reasonable time, after their return to the 
Philippines. 
 
Families of OFWs throughout the Philippines shall likewise be equipped with financial 
education and knowledge through on-line seminars and other feasible and effective 
means. 
 
SEC. 5. Participating Agencies. – The PDOS and PATS shall be primarily conducted 
by the Department of Migrant Workers (DMW), as the lead agency, in coordination 
with the Overseas Workers Welfare Administration (OWWA), the Department of 
Finance (DOF), the Bangko Sentral ng Pilipinas (BSP), the Department of the Interior 
and Local Government (DILG) and all the barangays under it, and the accredited 
PDOS providers across the country, including the embassies or consulates, whichever 
may be available, in the countries of destination. 
 
As the lead agency, the DMW is tasked to formulate training modules on financial 
education or literacy, initiate and conduct training programs on financial management 
and responsibility; apprise OFWs on financial opportunities and pitfalls, among others; 
ensure the accessibility of qualified online financial and economic advisors and/or 
counselors; and disseminate knowledge-expanding activities that promote financial 
education or literacy among OFWs and their dependents. 
 
SEC. 6. Free Financial Education Programs. – Financial education or literacy 
training programs undertaken under this Act shall be free-of-charge. 
 
The DMW shall, in coordination with the OWWA, the DOF, and the BSP, educate the 
OFWs and their families on the following financial subjects, issues or programs: 
Consumer Protection, Protection on Mortgaged or Collateralized Properties, 
Avoidance of Exorbitant Interests on Loans or Debts, and Credit Information on Micro- 
and Small-Scale Enterprises to prospective lenders. 
 
Financial education shall also include information on Obligations and Contracts, Credit 
Transactions, Interests, Pledges, Mortgages, Guarantees, and Knowledge on 
Financial Products such as stocks, bonds, insurance, and mutual funds, which are 
available in the market. 
 
The DMW shall regularly coordinate with the Department of Information and 
Communications Technology and social media companies to disallow posts and 
messages that are meant to confuse, mislead, victimize, defraud or entice OFWs and 
their families to engage in gambling and other similar activities, including on-line 
scams, pyramiding schemes, and the like. 
 
SEC. 7. Implementing Rules and Regulations. – Within ninety (90) days from the 
approval of this Act, the Secretary of the DMW shall, in consultation with the 


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Administrator of the OWWA, the Secretary of the DOF, the Governor of the BSP, and 
the Secretary of the DILG, promulgate the necessary rules and regulations for the 
effective implementation of this Act. 
 
SEC. 8. Repealing Clause. – All laws, decrees, executive orders, issuances, rules 
and regulations which may be inconsistent with any of the provisions of this Act are 
hereby deemed repealed, amended or modified accordingly. 
 
SEC. 9. Separability Clause. – If any provision of this Act is held unconstitutional or 
invalid, such holding shall not affect other provisions not affected thereby. 
 
SEC. 10. Effectivity. – This Act shall take effect fifteen (15) days after its publication 
in the Official Gazette or in a newspaper of general circulation. 
 
Approved,