OPTIMUM EXCHANGE REMIT INC. doing business as AllCash is a corporation registered with the Securities and Exchange Commission (SEC) on 06 March 2007 primarily to engage in the business of overseas remittances. The Bangko Sentral ng Pilipinas (BSP) issued the company its foreign exchange and remittance licenses on 24 May 2007. Originally known as Overseas Network Exchange Remit, Inc. (ONE Remit), the company changed to its present corporate identity on 21 April 2014. Serves as the fulfillment arm in the Philippines of its various remittance tie-ups in Kuwait, the UAE, Saudi Arabia, Hong Kong, Singapore, and Saipan, through its different product offerings. Optimum Remit is also registered with the Anti Money Laundering (AML) Council. Optimum Remit also operates as AllCash, the bills payment facility of AllBank, AllDay Supermarket, AllDay Convenience Stores and AllDay Mart. Duly recognized by the Bangko Sentral ng Pilipinas. AllCash branches process over a hundred types of bills which include household utilities, insurance, loans, credit card payments and government services. AllCash also offers money exchange at competitive rates and money remittance among others.
