LANDBANK Cash Card

An electronic debit card that utilizes the stored value system and like the ATM Card, operates on magnetic stripe technology with PIN-based protocol. The Cash Card is a special product for institutional clients. 
 
PRODUCT DESCRIPTION
 
*Not a deposit account
  • no opening deposit, maintaining balance and dormancy period 
  • no Philippine Deposit Insurance (PDIC) cover and account interest 
  • no Specimen Signature Card (SSC) requirement 
FUNCTIONALITIES
 
Access account 24 hours a day, 7 days a week through more than 1,400 LANDBANK ATMs and over 14,000 BancNet ATM systems nationwide
Withdraw up to P50,000 a day
 
Debit card using the Point of Sale (POS) facility with over 20,000 accredited merchants up to P50,000 a day.
 
CASH CARD APPLICATION
  1. Corporate Credits
  • Employee Benefits
  • Loans
  • Pensions
  • Payroll Credits
  • Commissions of Agents/Sales Personnel
  • Reimbursements, Allowances, Bonuses
  1. Funds Remittance
  2. Collection Mode for merchants
PRODUCT FEATURES    
A. Opening Deposit : None
B. Maintaining Balance None
C. Account InterestNone
D. Dormancy PeriodNone
E. Aggregate CreditsMax. of P100,000.00 per month
F. Documentation Enrollment Form and at least 1 valid ID
G. Bank Statement n/a
H. Card Validity Period3 years subject to reactivation

I. ATM Convenience 

  •  24x7 ATM Access through more than 1,400 LANDBANK and over 14,000 BancNet ATM systems nationwide
  • Withdraw cash up to P50,000 a day
  • Pay for purchases up to P50,000 a day via Point-of-Sale (POS) from over 2,000 accredited merchants
  • Perform electronic banking transactions through www.bancnetonline.com by encoding the 16-digit card number *:
 Balance Inquiry
 Intrabank Fund Transfer
 Interbank Fund Transfer
 Transaction Log
 Payment
 Mobile Banking Transactions e.g. Mobile Phone Reloading
 
* In case of re-issued cards, input the last number that can be found in the lower right side of the card in the Member ID Filed for every transaction*
 - Online purchase or eShopping 
 - No dormancy period 
 - Non - interest bearing 
 - Bank Statement 
 - No PDIC Cover 
 - No OTC withdrawals 
 - Credits via TOP -UP facility (at branch) 
 - Credit Advise via FINDES (installed at client's work station) 
 - The Cash Card is a special product for institutional clients

FEES AND LIMITS

Card Cost : P 100.00
Replacement Fee P 150.00
Reactivation Fee P 50.00
ATM Limit /dayP 50,000.00
POS Limit/dayP 50,000.00