• Streamline disbursement through direct bulk crediting
• Eliminate check issuance and cash preparation
• Reduce number of credit transactions
• Save time and effort with increased security through encrypted file transfers
   

The LANDBANK Bulk Credit System (LBCS) Facility is a web-based application enabling institutional clients to perform electronic batch crediting or fund transfer to intended recipients such as:

• constituents
• members
• pensioners
• investors
• borrowers
• beneficiaries
• creditors
• suppliers
  ​​

The LBCS Facility is connected to the PESONet and InstaPay platforms for batch crediting to local banks and e-Money issuers (EMIs).
 

1.   Send the following to LANDBANK through encrypted and secured file transfer facility:

• Batch crediting file or template
• Authority to Debit from Account for LBCS 

      Cut-off time to send file to LANDBANK is 2:00PM.

2.   Funds wil be credited to the individual accounts of the intended receipients. 

• For LANDBANK accounts: Same day crediting
• For Other Banks/EMIs: 
  • via PESONet: 1-3 banking days, subject to response of the other bank
  • via InstaPay: Real-time crediting

3.   LANDBANK will send a report of the transactions processed and their corresponding status.

• Any error shall be referred to you for appropriate action
• Total amount rejected by the batch crediting shall be credited back to your account
   

REQUIREMENTS

• Board Resolution/Secretary’s Certificate
• Memorandum of Agreement
• Settlement/Deposit Account with an Average Daily Balance of P1 Million and a positive Account Relationship Earning

PROCESSING FEE

A fee shall be collected from the client for every successful credit to each destination account. The client will be billed on a monthly basis.
 

For more information, contact:
LANDBANK CUSTOMER CARE DEPARTMENT
LANDBANK Plaza
1598 M.H. del Pilar cor. Dr. J. Quintos Sts., Malate, Manila 1004
Tel. Nos.: (+632) 8405-7000 (Metro Manila)
1-800-10-405-7000 (PLDT Domestic Toll-Free)
E-mail: customercare@mail.landbank.com

Download e-brochure here.