An interest bearing peso savings account wherein deposits transactions are done over the counter or thru cash deposit machine (CDM), while withdrawal transactions are done via Automated Teller Machines (ATM) 24 hours a day, seven days a week. Deposit and withdrawal transactions may also be done over-the-counter but only during official banking hours/days. ATM withdrawals may also be made at any BancNet ATMs. Hassle-free and cashless purchases may also be done through any Point-of-Sale (POS) terminal from partner merchants across the country.
| Initial Deposit Requirement | P 500 | |
| Required ADB | P 500 | |
| Required Daily Balance to Earn Interest | P 500 | |
| Interest Rate | 0.10% p.a. | |
| Maximum Withdrawable Amount / Day | P 50,000 (effective 4 July 2019) | |
| Documentation | ATM Card | |
| Maximum POS Transactions / Day | P 50,000 |
| BASIC REQUIREMENTS | |
|---|---|
| Individuals / Joint | 1. at least one (1) valid ID |
| 2. 2 1X1 ID picture | |
| 3. TIN Number (optional) | |
| *Valid IDs include SSS ID, GSIS ID, Driver’s License, Company ID (present), School ID, Passport, TIN ID, Postal ID, Phil Health ID, Marriage Contract (original copy), Major Credit Card, Membership Card of well-known associations and clubs, HMO ID, Senior Citizens Card. | |
| Single Proprietorship | 1. Registration of Business Name with Department of Trade |
| 2. Original Application for Registration | |
| 3. One (1) valid identification card of signatory | |
I want to know more
Customer Care Hotline
(+632) 8-405-7000
PLDT Domestic Toll Free
1-800-10-405-7000
Email Address
customercare@mail.landbank.com
