landbank

LandBank clients can enjoy waived transfer fee for their first three online fund transfers in a day via the LandBank Mobile Banking App (MBA), and the bank’s online retail banking channel, the iAccess.

The state-run bank facilitated 94.7 million transactions worth P1.9 trillion from January to June 2023, representing year-on-year jumps of 22% and 41% in volume and value, respectively.

The Land Bank of the Philippines said it will be working with the Philippine Space Agency (PhilSA) and the Department of Science and Technology-Advanced Science and Technology Institute (DOST-ASTI) for the integration of space data and analytics to its financing strategies for the agriculture sector.

The bank recently celebrated its 60th year and said it will continue to support the national government’s development agenda by improving access to reliable, relevant, and convenient financial services.

The overall increase in transaction value was propelled by the bank’s corporate Internet banking platform, the Landbank weAccess, which logged 13.26 million transactions worth P2.95 trillion – a 739% increase in value from the same period last year.

Landbank has urged its clients and the general public to be wary of an online scam using Google Ads that is linked to a fake Landbank website.

Landbank clients can now use GCash, Maya, GrabPay, and other e-wallet payment facilities to pay for government services and documents.

Some 1,500 teachers and school personnel in Marawi City stand to benefit from a new Landbank ATM, installed in partnership with DepEd.

The Automated Fare Collection System (AFCS) allows the use of EMV-compliant contactless credit, debit, and prepaid bank cards as cashless payment instruments in public transport modes.

Landbank said it facilitated a total of 39.14 million transactions amounting to P567.61 billion from its major digital banking channels in the first three months of 2022 — translating to a 36% and 22% year-on-year growth in volume of transactions and value, respectively.