An interest-bearing peso account which requires presentation of a passbook for deposit and withdrawal transactions.
| Individual | • At least seven (7) years of age • Able to read and write • Not suffering from any legal disability • With credible identification | |
| Institutional | • Government Line Agencies, Government-Owned and -Controlled Corporations (GOCCs), and Local Government Units (LGUs) • Private corporations, cooperatives, partnerships, associations and other duly registered organizations |
| Minimum Initial Deposit | P10,000 | |
| Required Minimum Monthly ADB | P10,000 | |
| Required Daily Balance to Earn Interest | P10,000 | |
| Interest Rate (per annum) | 0.05% Effectivity Date : 01 August 2020 | |
| Closing Fee (Closing of account within one month from opening date) | P300 Effectivity Date: 01 December 2017 | |
| Service Fee for Account Falling Below the Required Monthly Average Daily Balance (ADB) • Coverage - Accounts falling below ADB requirement for two (2) consecutive month-end and every month-end thereafter • Collection - Monthly to start at the end of the 2nd month | P200/month | |
| Dormant Account • Coverage - Accounts with no depositor-initiated transaction for two (2) years and falling below the required ADB • Collection - Monthly to start on the 5th year reckoned from the date of last financial transaction. | P30.00/month Effectivity Date: 27April 2017 | |
| PDIC Insurance (Maximum deposit insurance per depositor) | P500,000 | |
| Documentation | Passbook | |
| Replacement Fee for Lost/Damaged Passbook | P200 |
| Inter-branch Deposit/ Withdrawal/ Encashment (for inter-regional transactions only) | • P10,000 and below = P100.00 • Above P10,000 = P200.00 | |
| Bank Certification on Deposit Balances (for all kinds of Bank Certification) | P200.00 | |
| Bank Guarantee Against Deposit | P400.00 | |
| Printing and reprinting of Bank Statements / Snapshot Fee • Government Customers - Free for transactions within three (3) months from date of request • Private Customers | P50.00/page |
| LANDBANK Branches Nationwide | Link to Branch locator: https://www.landbank.com/find-us | |
| Customer Care Center | Customer Care Hotline: (+632) 8-405-7000 PLDT Domestic Toll Free: 1-800-10-405-7000 Email Address: customercare@landbank.com |
| Filipino citizens, any of the following: | Those issued by any of the following official authorities: a) Government of the Republic of the Philippines, including its polltical subdivisions, agencies, and Instrumentalities, such as but not limited to the following: 1) PhiIID - (Physical Card, PSA provided printed ePhilID/Digital) 2) Passport 3) Driver's License 4) Professional Regulation Commission (PRC) ID 5) Government Service Insurance System (GSIS) e-Card 6) Social Security System (SSS) Card 7) Voter's ID 8) Seaman's Book 9) Maritime Industry Authority (MARINA) ID 10) National Bureau of Investigation (NBI) Clearance 11) Police Clearance 12) Postal ID 13) Tax Identification Number (TIN) card 14) Integrated Bar of the Philippines (IBP) ID 15) Philhealth ID 16) Senior Citizen Card 17) Overseas Workers Welfare Administration (OWWA) ID 18) Overseas Fillpino Workers (OFW) ID 19) Barangay Certification 20) Department of Social Welfare and Development (DSWD) Certification 21) Certification from the National Council on Disability Affairs (NCDA), per Bangko Sentral ng Pilipinas (BSP) Circular No. 792, Series of 2013 22) Birth certificate issued by the Philippine Statistics Authority (PSA) b) Government-Owned or Controlled Corporations (GOCCs); or c) Covered persons registered with and supervised or regulated by the Bangko Sentral (BSP), Securitles and Exchange Commission (SEC) or Insurance Commission (IC) | |
| Foreign nationals, all of the following: | a) Passport; and b) Alien Certificate of Registration (ACR) c) Other identification documents issued by the Government of the Republic of the Philippines, including its political subdivisions, agencies, and instrumentalities | |
| Filipino students, any of the following: | a) PhilID - (Physical Card, PSA provided printed ePhillD/Digital) b) Passport c) School ID signed by the School Principal or Head of the Educational Institution (in case the ID presented does not bear the signature of the Principal or Head of the Educational Institution, a Registration Form can be presented as additional document) d) Birth certificate issued by the PSA | |
| Court-appointed Fiduciary (Guardian, Administrator, Trustee or Receiver), all of the following: | 1. Original Copy of Court Order containing the Fiduciary’s appointment 2. Original Copy of Court Order authorizing the Fiduciary to open a deposit account with LANDBANK Note: The Branch shall retain a photocopy of the Court Order duly authenticated by the NAC. | |
| Single Proprietorship | 1. Certificate of Registration with the DTI 2. City/Municipal Mayor's Permit | |
| Partnership | 1. Articles of Partnership 2. Certificate of Registration with the Securities and Exchange Commissiona 3. Notarized agreement/resolution designating the extent of authority of each partner in dealing with the depository Bank | |
| Corporation | 1. Articles of Incorporation and By-Laws 2. Certificate of Registration with Securities and Exchange Commission Note: For those not supervised by SEC, a certificate of registration issued by the appropriate supervising agency shall be submitted. 3. Latest General Information Sheet which lists the names of directors/ trustees/principal stockholders owning at least twenty percent (20%) of the outstanding capital stock and primary officers such as the President and Treasurer 4. Notarized Certificate of Corporate Secretary attesting to the issuance of a Board Resolution authorizing the following: • To open an account with LANDBANK • Designating the officers authorized to deposit, withdraw, endorse or negotiate checks and otherwise deal with the Bank deposit and the nature and extent of such authority, which shall conform with the By-Laws of said Corporation Note: Conformity of the Board Resolution to the By-Laws shall be checked by the OA. • Certifying that the resolution remains effective and has not been amended, revoked or superseded 5. Certificate of registration with appropriate government agency in special cases, such as the DOLE for labor unions | |
| Corporation in the process of incorporation | 1. Proposed Articles of Incorporation stating therein the name of “Treasurer-in-Trust-For” authorized to open an account with LANDBANK in behalf of the corporation 2. Duly notarized Secretary’s Certificate designating the “Treasurer-in-Trust For” | |
| For Foreign Corporations, all of the following: | 1. Articles of Incorporation and By-Laws 2. Resolution of the foreign corporation’s BODs or members authorizing the opening of a deposit account 3. Power of attorney of the corporation or its authorized signatory/ies designating and empowering his resident agent/s or authorized representative/s to the Philippines 4. License to do business in the Philippines duly issued by SEC, if the foreign corporation is doing business in the Philippines Note: Items 1 & 2 shall be duly authenticated before a Consular Office of the Philippines and all documents written in a foreign language shall be translated in English. | |
| For Joint Ventures/Consortium, all of the following: | 1. Joint Venture Agreement 2. Articles of Incorporation and By-Laws of the corporations involved in the joint venture 3. If one of the corporations involved is a foreign corporation, necessary documents for opening of accounts for foreign corporation shall be followed/observed | |
| For Association or Organization, all of the following: | 1. Certificate of Registration with appropriate government agency 2. Constitution and By-Laws 3. Duly notarized Board Resolution containing the following: • Authority to open an account with LANDBANK • Officers authorized to sign and the nature and extent of such authority • Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded | |
| For Cooperative, all of the following: | 1. Certificate of Registration with the Cooperative Development Authority 2. Constitution and By-Laws 3. Duly notarized Board Resolution containing the following: • Authority to open an account with LANDBANK • Officers authorized to sign and the nature and extent of such authority • Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded | |
| For Cooperative, all of the following: | 1. Certificate of Registration with the Cooperative Development Authority 2. Constitution and By-Laws 3. Duly notarized Board Resolution containing the following: • Authority to open an account with LANDBANK • Officers authorized to sign and the nature and extent of such authority • Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded | |
| For GLA, all of the following: | 1. Charter and/or law creating the government corporation/office/agency or E.O./Department Order creating the government entity 2. Duly notarized Board Resolution/LOA from Head of Agency incorporating the following: • Authority to open an account with LANDBANK • Officers authorized to sign and the nature and extent of such authority • Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded 3. Resolution conforming with the Charter or law creating the government corporation/office/agency or the E.O. creating the government entity | |
| For LGU, all of the following: | 1. Duly notarized Resolution issued by the Sanggunian of LGU concerned incorporating the following: • Authority to open an account with LANDBANK • Officers authorized to sign and the nature and extent of such authority • Certification that such resolution remains effective and subsisting and has not been amended, revoked or superseded 2. In case of a temporary or permanent vacancy in the Office of the LGU Chief Executive or Local Treasurer, the following shall be required: • A new Sanggunian Resolution when the previous Sanggunian Resolution specifically indicates the name of the Local Chief Executive or Local Treasurer If the general term “Chief Executive” and “Local Treasurer” of LGU was used in the Sanggunian Resolution in the opening of account, a certification from the DILG and BLGF on the assumption of the successor, respectively, shall be sufficient. • If there is a conflict on the assumption to a position and a Sanggunian Resolution cannot be secured, certification from the DILG on the assumption on the successor shall be required while, for the new treasurer, a certification from the BLGF. 3. As a rule, Charter and/or law creating the LGU shall not be required but if in doubt, the Branch may opt to require said documents. | |
| For Barangay, all of the following: | 1. Barangay Council Resolution stating its authorized signatories 2. List of Officers 3. Officers’ Oath of Office 4. In case of a temporary or permanent vacancy occurs, the following shall be required: • A new Barangay Resolution when the previous Barangay Resolution specifically indicates the name of the Local Chief Executive • If the general term “Barangay Chairperson” of LGU was used in the Barangay Resolution in the opening of account, a certification from the DILG on the assumption of the successor shall be sufficient. If there is a conflict on the assumption to a position and a Barangay Resolution cannot be secured, a certification from the DILG on the assumption of the successor shall be required. | |
| For Unincorporated Units of the Government (i.e., for accounts opened for Public Officials for funds held in their official capacity) | 1. Letter of intent to open a deposit account with the bank by the public official 2. Duly Notarized SPA, in case a public official designates signatory/ies to the account or appoints representative/s to transact with the Bank in his behalf 3. Valid photo-bearing ID and ID picture of the public official and representative |
As of Tue, December 3, 2024
| Buying | Selling | |
|---|---|---|
| USD | 58.4 | 58.9 |
| JPY | 0.384893 | 0.399637 |
| EUR | 60.440398 | 62.760718 |
| GBP | 72.870492 | 75.668005 |
| HKD | 7.477742 | 8.032546 |
As of Mon, December 2, 2024
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.531474 |
| Money Market Fund | 1.29027 |
| Money Market Plus Fund | 1.202646 |
| PERA Money Market Fund | 1.013257 |
| Medium-Term Bond Fund | 2.433125 |
| Bond Fund | 2.015042 |
| PERA Bond Fund | 1.187371 |
| Balanced Fund | 2.654925 |
| Growth Fund | 2.610396 |
| Alpha Equity Fund | 3.204896 |
| Blue Chip Equity Fund | 0.995365 |
| Equity Fund | 0.836117 |
| High Dividend Equity Fund | 0.992177 |
| US$ Money Market Fund | 1.415613 |
| Global $ Fund | 1.500355 |
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(+632) 8-405-7000
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1-800-10-405-7000
Email Address
customercare@landbank.com
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