Section 9August 22, 1991, Sec./Art. 9

Coordinating Agencies. – The following agencies of the Government shall provide complementary support services to the OWI Fund as follows:

(1) The Central Bank (CB) shall formulate and implement the guidelines for a special debt-for-note conversion program exclusive to the OWI Fund;

(2) The Philippine National Bank (PNB) and other financial institutions shall serve as remittance and redemption conduits of PDRCs and shall ensure the immediate purchase or conversion of the same, or redemption of the equivalent cash at face value upon the request of the overseas worker's beneficiary;

(3) The Department of Labor and Employment (DOLE) and the Philippine Overseas Employment Administration (POEA) shall assist the Fund by providing and updating the list of duly registered overseas workers and their beneficiaries;

(4) The Overseas Workers Welfare Administration (OWWA), the Commission on Filipinos Overseas (CFO) and the Philippine Overseas Employment Administration (POEA) shall conduct intensive marketing and information campaigns regarding the remittance system of the OWI Fund through:

(a) Pre-departure orientation seminars to overseas workers;

(b) Information desks of the coordinating agencies of the OWI Fund;

(c) Mass media campaigns; and

(d) Strengthening its linkages with accredited financial and other institutions.