Experience Effortless Banking

Yes, the original copy of the dishonored check shall be returned to the depositor with the reason for return stamped on it.

The depositor of the dishonored check may re-clear it but there are some cases where the returned check can no longer be re-cleared, like when the check is dishonored for having been drawn against a “closed account.”

• Faster availability of funds to payees/beneficiaries
• Faster feedback, allowing you to know whether the check is funded or not by the next business day
• Improved security in deterring fraud and against loss or tampering of checks in transit
• Wider checks presentment window within the business day as deposit cut-off may be extended
• Faster turnaround time on service requests

• With the implementation of the CICS, checks will have the following features as prescribed by the PCHC
• Standardized length of 8 inches for both Corporate/Government and Private/Individual checks
• A waiver that states “I/We allow the electronic clearing of this check and hereby waive the presentation for payment of this original to (Drawee Bank)”
• Embedded mandatory security features
• Checks with old features will only be accepted until JUNE 30, 2017, except for post-dated checks warehoused by the presenting banks until December 31, 2016.
• Any check with missing information or alteration will no longer be eligible or acceptable for clearing, even if countersigned
• The use of a check writer to affix the amount in the “amount in figures” line is no longer allowed unless the amount in words is written below it. 

Check Image Clearing Systems (CICS) is the new automated clearing system operated by the Philippine Clearing House Corporation (PCHC), where information on the check and its image are digitally captured by the Bank receiving the check deposit and presented electronically to the paying Bank. This eliminates the need to physically transport paper checks for clearing. 

Paid/honored checks will no longer be given back to the drawer/issuer and will just be kept by the presenting/collecting bank for a period of six (6) months. The drawer/issuer will be provided with the image reproduction of the paid/honored check in their monthly statement of account.

Shifting to CICS is the initiative of the Banking Industry and PCHC with support from BSP.  It is primarily aimed at providing better service to the banking public.

This specifically aims to make the check clearing process faster, more efficient and secured. Its primary objective is to shorten the clearing cycle, making funds available the next banking day instead of the traditional 3 to 5 days. 

(as of January 2, 2020)

I. For Foreign currency

I.1 To Foreign Bank via OTT⁶

^{I.1.1 US Dollar}

I.1.2 Third Currency

I.2 To Local Bank via GSRT²

II. Peso Currency to local bank

²GSRT-Gross Settlment Real-Time Channel for Dollar Denominated transactions

³PDDTS-Philippine Dollar Domestic Transfer System

⁴RTGS - Real-time Gross Settlment Real-Time Channel for Peso Denominated transactions

⁵PesoNet - Peso denominated transactions (electronic fund transfer service)

⁶OTT - Outgoing Telegraphic Transfer

(As of January 2, 2020)

I. For Foreign currency

I.1From Foreign Bank

I.2 From Local Bank

II. For Peso Currency

¹DST-Documentary Stamp Tax

²GSRT-Gross Settlment Real-Time Channel for Dollar Denominated transactions

³PDDTS-Philippine Dollar Domestic Transfer System

⁴RTGS - Real-time Gross Settlment Real-Time Channel for Peso Denominated transactions

⁵PesoNet - Peso denominated transactions (electronic fund transfer service)

⁶OTT - Outgoing Telegraphic Transfer

(As of January 2, 2020)

(As of January 2, 2020)

(As of January 2, 2020)

(As of January 2, 2020)

The LANDBANK Visa Debit card is the new and innovative product by LANDBANK which allows you to purchase from over 30 Million Visa merchants withdraw from 1.9 million ATMs worldwide. The LANDBANK Visa Debit card replaced the LANDBANK ATM card which could only allow Philippine withdrawals and has no swiping facility.

Just open a savings or checking account at any LANDBANK branch and you can instantly get your LANDBANK Visa Debit card on the spot! For your convenience, LANDBANK can process and issue your card at the branch, which means no waiting or returning to the branch to get your card.

Like a credit card, you can now use your LANDBANK Visa Debit card in any merchant which accepts Visa. Apart from local merchants such as SM, Rustan’s, Mercury Drug, Petron, Robinson’s Supermarket, Starbucks and the like, you can use your LANDBANK Visa debit card in over 30 Million Visa accredited stores worldwide. Think of international brands such as Nike, Apple, Samsung, Shell, LV and you are sure that these stores will accept your LANDBANK Visa Debit Card.

Aside from using your Debit card to swipe, you can also use it to purchase goods online! Just like a credit card, one can just input the card details as asked on the online store such as iTunes, and the purchase will be completed in a matter of seconds.  So from now on, you can use your Debit card to purchase airline tickets such as Cebu Pacific or PAL and any international airline. You can also buy songs from iTunes or book at hotels from Agoda or buy cinema tickets from SM!

The basic benefits are convenience, access and security. With your LANDBANK Visa Debit card, you can don’t have to bring cash which may be stolen from you. You can simply swipe to purchase and off you go! Previously, your ATM card could not purchase online but today you have access to millions of online stores worldwide. Also, you can now withdraw from millions of ATMs around the world.

These are the limits for the following transactions:

Withdrawal and balance inquiry from LANDBANK ATMs is free but some fees and charges apply for the following transactions:

*Applicable fees may be charged for all International/Cross Border Transactions

The Freedom of Information (FOI) Program is the Government’s response to the call for transparency and full public disclosure of information. FOI is a government mechanism, which allows Filipino citizens to request any information about government transactions and operations, provided that it shall not put into jeopardy privacy and matters of national security.

The FOI mechanism for the Executive Branch is enabled via Malacañang Executive Order (EO) No. 2, series of 2016 that LANDBANK has adopted under EO No. 125, s. 2016 or People's Freedom of Information (PFOI) Manual.

Any Filipino citizen can make an FOI Request.

InformationRequests can be made for information, official records, and public records, pertaining to government official acts, transactions, or decisions required by law, executive orders, rules or regulations to be entered, kept and made publicly available by the Bank.

No.  FOI requests only cover public information or records. 

As a financial institution, LANDBANK is governed by applicable laws and regulations to protect client information. Thus, we do not disclose any information without consent and proper authorization. 

All requested information shall be made publicly available once granted in order to cater similar or duplicate requests.

Should you want to request for information about your LANDBANK account, you may direct your request via this link or contact our Customer Care Center thru the following:

• 24/7 Hotline : (02) 405-7000 / 1-800-10-405-7000 (PLDT – Domestic Toll Free) 

• eMail: customercare@mail.landbank.com

As part of our commitment to transparency and good governance, LANDBANK regularly post information in its website. Please visit this link. 

a) You may download the LANDBANK FOI Request Form

c) Accomplish the form and attach valid Identification

b) Submit it to the following: 

• Any LANDBANK Branch or Office Nationwide 
• eMail: customercare@mail.landbank.com

The standard processing time is fifteen (15) working days.

Yes. In some instances, we may need more time to review your request and thereby extend the processing time. Under such circumstances, we will inform you of an extension, which shall not be longer than twenty (20) working days.

There are no fees to make a request. But a reasonable fee maybe imposed for necessary costs, including costs of printing, delivery, reproduction and/or photocopying.

LANDBANK_PFOIRequestForm.doc

(as of 02 January 2020)

(as of 02 January 2020)

(as of 02 January 2020)

Notes on SDB

1.     To avail of SDB, depositor must have account/s with total ADB of at least ₱200,000

2.     Rental Fee is waived if ADB is at least ₱1.0M at any time

3.     Deposit for key is ₱2,000 regardless of size of SDB

4.    SDB contract is valid for two (2) years

To report a Lost/Stolen card you may:     

a. Visit your depository branch and submit a notarized affidavit of loss
b. Access your eBanking Account*

• Land Bank Phone Access
  • Dial 405-7000
  • Press 2 - For More Land Bank Phone Access Services
  • Key in your ten-digit bank account number and four-digit telephone access number
  • Press 2 - Report a Lost/Stolen Card
  • Press 1 – To Continue

• IAccess (Retail Internet Facility
  • Log in to your account via https://www.lbpiaccess.com.
  • Under Features click on “Report of Lost/Stolen ATM Card”
  • Select Account Number
  • Click “Next”
  • Confirmation/Card successfully tagged.

*If you are not yet enrolled in these facilities, please visit your depository branch.

c. Call our 24x7 Customer Care Center at 405-7000 (NCR) or PLDT Toll Free 180010-405-7000 and press 0 talk to a Phonebanker

Kindly visit  your depository branch to request card replacement.
Please note of the following requirements:

•     Notarized Affidavit of Lost
•     Valid IDs

Cash Card has a validity of 3 years subject to reactivation.

Cash Card is for institutional (corporate) accounts only. It is not a deposit account. It is only use for corporate credits like employee benefits, loans, pensions, payroll credits, commissions  of agents/sales personnel. Reimbursements, allowances, bonuses. Fund Remittances, Employees Identification Card, Collection Mode for Merchants.

Kindly visit your servicing Land Bank branch for card reactivation.
Please bring with you your Cash Card and Valid IDs

Card Reactivation Fee: P50.00

JAI means Joint Account Indicator - "0" for single/individual account, "1" or "2" for joint account.

You may call our LANDBANK Phone Access hotline number (02) 405-7000, or PLDT domestic toll-free number 1-800-10-7000 to report non-receipt of your Billing Statement and also to get your latest statement balance.

You may also request for a copy of your Billing Statement through email at ccad@mail.landbank

You may call our LANDBANK Phone Access hotline number (02) 405-7000, or PLDT domestic toll-free number 1-800-10-7000 to get your latest statement balance.

You may also request for a copy of your Billing Statement through email at ccad@mail.landbank.com.

You may call our LANDBANK Phone Access hotline number (02) 405-7000, or PLDT domestic toll-free number 1-800-10-7000 to get your latest statement balance and current outstanding balance.

 You may also send an email request through ccad@mail.landbank.com.

You may call our customer service number (02) 405-7275, 405-7281, 405-7282, Mondays to Fridays from 8am to 5pm to know the status of your application.

 You may also send an email request through ccad@mail.landbank.com.

To activate your LANDBANK Visa Credit Card, please call our customer service number (02) 405-7275, 405-7281, 405-7282, Mondays to Fridays from 8am to 5pm.

Peso billings may be settled in any LANDBANK or Banco De Oro (BDO) branches nationwide.

Dollar billings may be settled in any LANDBANK branches nationwide. Payments may be made in dollar notes or its peso equivalent.

BDO may also accept payments for dollar billings provided payments are made in dollar notes only.

The following are the other payment facilities of LANDBANK Visa Credit Card (for Peso account only):

    1.  Phone Access - a banking facility which provides clients the convenience of making selected off-site bank transactions thru phone.

    2.  LANDBANK I-Access – is an internet banking facility which provides clients the convenience of making selected off-site bank transactions such as Account Inquiry, Fund Transfer, and Bills Payment, thru the internet.  For more information, please visit http://www.lbpiaccess.com.
 
    3.  ATM Bills Payment – is a payment facility thru LANDBANK ATMs nationwide.

    4.  Auto Debit Arrangement (ADA) - is an automatic debit from your LANDBANK savings/ current deposit account to be credited to your LANDBANK Visa credit card on your payment due date.

Cardholder may enroll in this arrangement by submitting a duly filled-out ADA form available at LANDBANK Visa Credit Card and in all LANDBANK branches nationwide.

To report a lost or stolen LANDBANK Visa credit card, please call our customer service number (02) 405-7275, 405-7281, 405-7282, Mondays to Fridays from 8am to 5pm, or the 24-hour BDO lost card hotline number (02) 840-7499 or domestic toll free number 1-800-10-840-7499.

It is a grace period that allows you to defer payment of your credit card bill for a maximum of 60 days (or 2 billing cycles) without Late Payment Penalty Fees. 

If you are, however, able to make a payment, we highly encourage you to use our electronic banking channels (LANDBANK Mobile Banking App, iAccess, LinkBizPortal, and Phone Access).

LANDBANK Mastercard Credit Cardholders, except DOSRI accounts, may avail of the 60-day Payment Grace Period.

This covers payment due dates of up to April 30, 2020.

You may pay your credit card bill on or before the following extended payment due dates: 

Only those covered by the auto-debit arrangement (ADA) need to call the Bank and request for temporary suspension of this arrangement.  Cardholders not covered by the ADA need not call the Bank to avail of the payment grace period program.

Yes. If you choose to avail of the grace period, the unpaid balance from your previous statement and new debit transactions, including interest and other applicable fees, shall form part of the next month’s statement.  The new outstanding balance will be the basis of the Minimum Amount Due computation.

Finance Charges based on the unpaid outstanding balance as of previous statement cut-off date shall continue to accrue until fully settled.

Rest assured that once the BSP Implementing Rules and Regulations (IRR) of Republic Act 11469 are released, the Bank shall align and make concsistent its policy and guidelines with the said IRR, with regard to the  waiver of fees, interests, finance and other applicable charges.

The 60-day extension is a grace period payment option that allows Salary Loan borrowers to defer the covered amortization period without penalty charges.

Sample Illustration:

Amortization dues covering March 15 up to April 30, 2020

Example:

All Salary Loan borrowers (LLS/ LMLS) regardless of Loan status are entitled to avail this program.

For Past Due loan, interest and penalties shall be imposed before and after the moratorium period until full payment of loan.

Existing auto-debit arrangement shall be suspended until the end of the 60 day extension period.

Yes, borrowers  can request for reversal thru its Agency.

Yes, borrowers are encouraged to utilize the eBanking (MBA or IAccess) facilities of LBP for their loan payment.

No, penalty will be charged during the moratorium days.

Yes, loan renewal may be granted during moratorium provided with six (6) months paid amortization.

However after the moratorium period, borrowers thru its Agency can renew their loan without the six (6) months paid amortization.