With consumers expected to do millions of pesos worth of shopping online this holiday season, the Land Bank of the Philippines (LANDBANK) advises its customers to remain vigilant against online banking fraud and assures that the Bank maintains the highest level of security in all its systems. “As online shopping becomes a more prudent option to limit physical contact during this season, we would like to remind our customers to be on their guard against different forms of cyber fraud. The best way to avoid becoming a fraud victim is to stay vigilant by being familiar with the online red flags,” said President and CEO Cecilia C. Borromeo. The state-run Bank warns customers to ignore suspicious emails, social media messages, SMS, links and attachments, especially from unknown senders. It also reminds customers to be wary of fake websites, social media accounts and fraudulent transactions by checking and verifying the site’s URL, the sender’s email address, social media account, or phone number. Customers are advised not to share their username or log-in ID and password to anyone, and keep critical financial information private, including the card number, card expiry date, credit verification value (CVV), and one-time password (OTP). Official LANDBANK representatives will never ask for critical financial information of its customers. Specific to raising awareness on phishing activities, customers are also advised to be wary of emails, text messages, and websites offering free perks or games in exchange for personal information, which are designed to steal customer’s hard-earned money and identity. For specific tips on spotting phishing scams, please refer to this short video from the Information Security Officers Group (ISOG): (https://www.youtube.com/watch?v=y9fvBsOcEvE). LANDBANK said reminders and best practices to avoid cyber fraud are also being posted regularly on its social media channels. These include tips on spotting cyberattacks, preventing different forms of phishing, and keeping online credentials confidential, among others. The state-run Bank also reminds customers that the official email addresses of LANDBANK’s Customer Care and iAccess are customercare@mail.landbank.com and lbpiaccess@mail.landbank.com, respectively. The Bank’s official URL is www.landbank.com. To report fraudulent activities, LANDBANK customers may contact the Bank’s Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.
READ MOREDespite a sudden surge of COVID-19 cases in the country, Land Bank of the Philippines (LANDBANK) announced that its branches nationwide shall continue to operate to serve the banking needs of its customers. In a statement, the state-run Bank said a number of LANDBANK branches in the National Capital Region (NCR) and most parts of Luzon, where COVID-19 cases remain high, are open Mondays through Fridays from 8:30AM to 2:00PM, while LANDBANK branches in Visayas and Mindanao will continue to follow the regular banking hours of 8:30AM to 3:00PM on weekdays. However, some branches in NCR, Central Luzon and Southern Luzon are temporarily closed due to COVID-19 exposure of personnel and to give way to disinfection to ensure the health and safety of LANDBANK clients and employees. Meanwhile, the Bank's e-banking channels, such as the LANDBANK Mobile Banking App, iAccess, WeAccess, Link.BizPortal, Electronic Tax Payment System, Phone Access, and its ATM network, remain stable and available to the public 24/7. For a complete list of open and closed branches and their operating hours, please visit the LANDBANK website at www.landbank.com. Banking schedules of LANDBANK branches nationwide are also posted daily at the LANDBANK website, and at the Bank's official Facebook Page at @landbankofficial and Viber Community at @LANDBANK. With more Flipinos staying home as NCR and some parts of the country remain under Alert Level 3, LANDBANK once again reminded its customers to be cautious of online banking fraud and phishing activities. The Bank appealed to its clients to remain vigilant and ignore suspicious e-mails, text and social media messages, links and attachments from unknown senders. It also urged the public to be on the look-out for fake websites and social media accounts pretending to be LANDBANK by checking and verifying a suspicious site's URL, email address, social media account or phone number. Official LANDBANK representatives will never ask for a client's one-time passwords (OTPs), account details, and the card verification value (CVV) at the back of the card, among other security details, the Bank said.
READ MOREThe Land Bank of the Philippines (LANDBANK) is welcoming the impending investigation by the National Bureau of Investigation (NBI) on the alleged phishing schemes victimizing teachers, following a Department Order issued by the Department of Justice (DOJ) for the NBI to immediately intervene on the matter. LANDBANK President and CEO Cecilia C. Borromeo said the state bank is also coordinating with the Department of Education (DepEd) for the list of teachers who were reportedly victimized through phishing, as LANDBANK conducts its own investigation into their accounts. “We will actively participate in this investigation and extend full cooperation to the NBI with the end in mind of further securing our depositors’ hard-earned money. We are also reaching out to the affected teachers and conducting an internal investigation on their complaints. In the meantime, we assure our clients and the general public that LANDBANK’s systems remain stable and secured,” said Borromeo. Meanwhile, LANDBANK said part of the security measures it is implementing is the use of the client’s mobile number to receive One-Time Passwords (OTPs) in authenticating digital financial transactions when using the LANDBANK Mobile Banking App or iAccess, instead of email. The Bank said clients with outdated mobile phone numbers linked to their online banking accounts must update their phone number with LANDBANK. They are advised to visit the iAccess website, download and fill-out the enrollment form, and send the completed form to their branch of account with a copy of a valid ID. They may also use the self-service option found in the iAccess to update their iAccess profile. Once again, LANDBANK advised the public to remain vigilant against phishing scams and all other forms of online banking fraud, and to refrain from opening suspicious emails, links and attachments, and sharing of account and personal information. To report fraudulent activities, LANDBANK customers may contact their respective handling Branch or the LANDBANK’s Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.
READ MOREThe Land Bank of the Philippines (LANDBANK) announced that the combined value facilitated by its six major electronic channels reached P2.45 trillion in 2021—a 46% hike from the previous year—while volume of transactions grew by 19% to 136.3 million. LANDBANK President and CEO Cecilia C. Borromeo credited this growth to the expanding adoption of the Bank’s digital services and marks another milestone in LANDBANK’s ongoing digital transformation. “LANDBANK is leveraging on the latest technological solutions to deliver a digital banking experience designed for the new normal. We will continue to bank on digital infrastructures as we push for greater digital adoption and advance financial inclusion in the country,” said President Borromeo. The LANDBANK Mobile Banking App (MBA) recorded 103.8 million transactions worth P172.39 billion last year, representing upsurges of 44% and 103%, respectively, from the previous year. The Bank’s e-payment facility, Link.BizPortal, facilitated around 3.88 million transactions equivalent to an 83% increase, corresponding to a total value of P10.45 billion or a 31% growth rate. The LANDBANK weAccess—the Bank’s institutional internet banking platform—recorded 20.9 million transactions worth nearly P489 million for increases of 29% and 24%, respectively. The Bank also logged a 30% jump in value via its iAccess internet retail banking channel, reaching P15.40 billion compared to P11.87 billion in 2020. The LANDBANK Bulk Credit System (LBCS) also posted unprecedented annual growths of 105% and 1181% for volume and value, respectively. Lastly, the LANDBANK Electronic Modified Disbursement System (eMDS) for national government agency partners posted increases of 20.9 million or 29% more transactions, and a total P488.98 billion or 24% rise in value. With the continuous increase in the use of e-banking channels, the state-run Bank assures its customers that it maintains the highest level of security in all its systems while reminding customers to remain vigilant against online banking fraud and scams.
READ MOREThe Land Bank of the Philippines (LANDBANK) has recorded a total of 2.12 million accounts opened online through its award-winning Digital Onboarding System (DOBS) as of end-December 2021, driven by the continued rise in demand for safer digital banking services. “This new DOBS milestone underscores LANDBANK’s steadfast commitment to deliver accessible and innovative digital solutions as we respond to the changing times. This is also a testament to the Bank’s dedication to balance service delivery while ensuring the health and safety of our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. Since its launch in November 2018, the LANDBANK DOBS has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to just 10-15 minutes. LANDBANK also launched last year the DOBS Mobile as a feature of its Mobile Banking App (MBA), which allows customers to open a LANDBANK savings account using their mobile phone without the need to go to a LANDBANK branch. Accounts opened through DOBS are automatically enrolled in LANDBANK’s array of e-banking channels, such as the LANDBANK iAccess and Mobile Banking App that facilitate simple digital banking transactions. LANDBANK account holders can also update their information as well as open a payroll account through the DOBS. The LANDBANK DOBS was cited as a pioneering web application among universal banks in the Philippines. It was awarded with a Merit Award for Technology Development by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The DOBS is accessible through LANDBANK’s official website (www.landbank.com) or through the Digital Corner of selected LANDBANK branches dedicated for walk-in clients, while the DOBS Mobile can be accessed through the LANDBANK MBA.
READ MOREThe Land Bank of the Philippines (LANDBANK) now offers a versatile mobile payment application which allows users to safely and conveniently pay bills, load up mobile phones and tollway RFID accounts, purchase online (e-Commerce), as well as transfer funds anytime, anywhere. LANDBANK unveiled the LANDBANKPay, an all-in-one mobile wallet in a virtual launch event on 22 April 2022, to further widen the access of customers to financial services and advance greater financial inclusion in the country. “The LANDBANKPay builds on our broader thrust of serving the nation through reliable and convenient digital banking. This is in line with LANDBANK’s full commitment to expand access to responsive and affordable financial products and services, especially for those residing in unbanked and underserved areas of the country,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANKPay Features Initial registration in LANDBANKPay, which only requires a customer’s Mobile Number, full name, and birth date, opens a Small Wallet account with a maximum balance limit of P20,000. The LANDBANKPay Small Wallet account can be used to perform basic transactions, such as balance inquiry, buy load, bills payment to more than 800 government and private partner merchants enrolled in the LANDBANK Link.BizPortal, and cash-in via the LANDBANK Mobile Banking App (MBA), Link.BizPortal, LANDBANK Branches and Agent Banking Partners nationwide. Small Wallet accountholders can likewise request and receive funds from Full Wallet accountholders. Customers can upgrade to a LANDBANKPay Full Wallet account by providing basic demographic information, uploading a valid government-issued ID, and taking a “selfie” to confirm their identity. Full Wallet accountholders will enjoy an increased maximum balance limit of P50,000 and LANDBANKPay’s full array of features, which include cash-in and cash-out facilities, fund transfers, buying load, online purchases, local cash remittances through the LBPadala, bills payment to more than 800 government and private partner merchants enrolled in the LANDBANK Link.BizPortal, and linking of LANDBANK Credit and Prepaid cards. LANDBANKPay in PhilSys The LANDBANKPay was soft-launched in 2021 to provide National ID applicants who have smartphones their own transaction accounts, under LANDBANK’s co-location strategy with the Philippine Statistics Authority (PSA) for the PhilSys Project roll-outs. As of 31 March 2022, LANDBANK has onboarded more than 7.8 million PhilSys registrants in 70 provinces nationwide. The LANDBANKPay joins LANDBANK’s roster of major digital banking channels, which include the LANDBANK Mobile Banking App, weAccess, iAccess, Link.BizPortal, and the Electronic Modified Disbursement System (eMDS). The LANDBANKPay is free to download from the Google Play Store and iOS App Store for all users, even those without an existing LANDBANK account.
READ MOREThe Land Bank of the Philippines (LANDBANK) 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. “LANDBANK’s digital transformation is geared towards providing accessible financial services to meet the growing needs of our customers. We are also driven towards greater digital adoption to advance financial inclusion in the country, in line with our expanded mandate of serving the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. She added that the demand for LANDBANK’s digital services continue to rise as more customers shift to using more convenient, reliable, and safe digital banking solutions, especially in the new normal. In particular, the LANDBANK Mobile Banking App (MBA) recorded 29.75 million transactions worth P47.18 billion for the first quarter of the year, or upsurges of 37% in volume and 46% in value, year-on-year. The LANDBANK weAccess—the Bank’s corporate internet banking platform—recorded more than six (6) million transactions worth nearly P143.19 billion, which translates to growths of 37% and 25%, respectively. Meanwhile, the Bank’s web-based payment facility, Link.BizPortal, facilitated around 1.38 million transactions equivalent to a 42% increase with corresponding total value of P3.41 billion or 58% growth rate. LANDBANK’s online retail banking channel, iAccess, also logged a 26% jump in transactions value, at P4.46 billion compared to the P3.55 billion in the same period last year. The LANDBANK Electronic Modified Disbursement System (eMDS) for national government agency partners also posted an increase of 36% in transactions volume amounting to P368.06 billion, or 18% rise in value. With the continuous increase in the use of digital banking channels, the state-run Bank assures its customers that it maintains the highest level of security in all its systems, while also reminding customers to remain vigilant against online banking fraud and scams.
READ MOREHope shines brightest in the dark – As darkness falls, college student Marvie Ann Berdin of Laua-an, Antique, relies on the dim light of a gas lamp as she completes her schoolwork. (Photo courtesy of Marvie Ann Berdin) LAUA-AN, Antique – In this rural town, the future shines bright for 18-year-old college student Marvie Ann Berdin. Only a few years away from attaining her dream of becoming a civil engineer, Marvie continues to brave through numerous hardships and financial difficulties, thanks to the support she receives from various government agencies. Marvie has had to face life’s challenges at a young age, with unemployed parents who could barely make ends meet, let alone finance the education of their eight children. But Marvie was not deterred from attending elementary school, even if it meant travelling by foot for two hours and crossing a river every day. She also took on several jobs to support her education, including being a part-time house helper and a student assistant. Augmenting their family income for daily expenses and medication for her ill father, Marvie’s mother, Maricel, regularly receives government subsidy as a beneficiary of the Conditional Cash Transfer (CCT) Program of the Department of Social Welfare and Development (DSWD). When previously, Maricel had to wait in line at the covered court in their barangay for almost the entire day just to get the cash aid during payouts, digital innovation has now made it easier for her to receive the subsidy. Since receiving a prepaid card from the Land Bank of the Philippines (LANDBANK), Maricel has been heading to the nearest LANDBANK Branch in San Jose, Antique, to withdraw the cash subsidy conveniently and safely in just a few minutes. “Dahil hindi marunong si mama mag-withdraw sa ATM, mas pinipili niya na mag-withdraw over-the-counter sa LANDBANK Branch. Palagi siyang inaalalayan ng mga staff doon,” Marvie narrates. Recently, Maricel prefers to cash-out their subsidy from the Barbaza Multi-Purpose Cooperative, an Agent Banking Partner operating on behalf of LANDBANK, which caters to their town. Apart from cash withdrawal from LANDBANK Branches and ATMs, CCT beneficiaries can also use the LANDBANK CCT Prepaid Cards to make cashless purchases in groceries and drugstores, among others. The state-run Bank also recently converted the LANDBANK CCT Prepaid Cards into transaction accounts, which provides access to additional services such as cash loading via LANDBANK branches and Cash Deposit Machines, receiving of funds from other agencies through institutional top-up, from LANDBANK accounts through the LANDBANK Mobile Banking Application (MBA), iAccess and Automated Teller Machines (ATMs), and from other bank accounts via InstaPay. Along with the cash assistance the family receives, Marvie also receives a stipend to support her studies as a grantee of the Tertiary Education Subsidy (TES) Program of the Commission on Higher Education (CHED) and the Unified Student Financial Assistance System for Tertiary Education (UniFAST). Currently, Marvie goes to the LANDBANK Antique Branch to encash the cheque she receives under the TES Program. Soon, she will benefit from LANDBANK’s partnership with CHED and UniFAST, with the ongoing distribution of LANDBANK CHED-UniFAST Prepaid Cards to TES beneficiaries. The LANDBANK CHED-UniFAST Prepaid Card is a general-purpose reloadable card that functions as an electronic wallet and can be used as a debit or ATM card, allowing TES beneficiaries to conveniently withdraw their student allowance from LANDBANK ATMs, Branches, and Agent Banking Partners nationwide. They can also use the LANDBANK CHED-UniFAST Prepaid Cards for cashless payments, electronic fund transfers, and online account management, among others. “Salamat sa LANDBANK sa magandang serbisyo upang maihatid ang suporta ng gobyerno sa akin at sa aking pamilya, lalo na ngayon panahon ng pandemya. Malaking tulong ang inyong produkto at serbisyo upang maipagpatuloy ko ang aking pag-aaral,” says Marvie. Just recently, Marvie won second runner-up in the MyTEStimony photo contest of LANDBANK and CHED-UniFAST, where she photographed herself studying at home, with only a gas lamp as her only source of light. With the cash prize, she was able to buy a mobile phone that she uses for her online classes. As part of its commitment of serving the nation, LANDBANK is the main distribution arm of financial assistance under the National Government’s social protection programs, in partnership with various government agencies.
READ MOREThe LANDBANK San Carlos Branch distributes a total of 4,298 LANDBANK CCT-UCT Prepaid Cards to program beneficiaries in the Municipality of Malasiqui, Pangasinan, during card distribution activities on 28 May and 04 June 2022. About 10 million beneficiaries under the Conditional Cash Transfer (CCT) and Unconditional Cash Transfer (UCT) Programs of the Department of Social Welfare and Development (DSWD) as of 31 May 2022 can now access a wider array of banking services, through their upgraded prepaid cards from the Land Bank of the Philippines (LANDBANK). The existing LANDBANK prepaid cards of the beneficiaries have been upgraded automatically into transaction accounts with expanded features to provide more convenient banking services. “We continuously enhance our products and services to meet the growing needs of our diverse clientele. This includes our delivery of government subsidies, geared towards providing vulnerable sectors with improved access to formal financial services,” said LANDBANK President and CEO Cecilia C. Borromeo. The LANDBANK CCT-UCT Prepaid Cards now allow receiving of funds from LANDBANK accounts through fund transfers via the LANDBANK Mobile Banking App (MBA), iAccess, the LANDBANK Remittance System (LBRS) for overseas remittances, Automated Teller Machines (ATMs), and from other bank accounts via InstaPay and ATM fund transfers. Beneficiaries are also now able to load their LANDBANK CCT-UCT Prepaid Cards via 231 LANDBANK Cash Deposit Machines (CDMs) and over-the-counter at select LANDBANK branches nationwide, as of 31 May 2022, allowing them to secure and save funds through their own transaction accounts. In addition, beneficiaries can use 2,822 LANDBANK ATMs for cash withdrawal, bills payment, purchase of mobile prepaid load, and fund transfers to LANDBANK and other bank accounts. The LANDBANK CCT-UCT Prepaid Card can also be used to cash-out funds from the Bank’s 924 Agent Banking Partners (ABPs) nationwide. With LANDBANK’s recent partnership with Pito Axm Platform, Inc. (PAPI), the operator of 7-Eleven ATMs in the Philippines, beneficiaries can also withdraw cash free-of-charge from almost 1,700 7-Eleven ATMs in the country. These features complement previous functions of the prepaid cards, which can also be used for cashless transactions in groceries, pharmacies, convenience stores, and other accepting merchants via Point-of-Sale (POS) terminals, including balance inquiry via the LANDBANK MBA. The upgrading of LANDBANK CCT-UCT Prepaid Cards forms part of LANDBANK’s commitment to provide accessible, responsive, and secure financial services particularly to underserved sectors in the country.
READ MORELANDBANK Visa Debit Card E-Commerce Promotional Campaign OFFER: Get up to P200 Cashback for a single minimum transaction of P100 in Netflix, Spotify, Google, and iTunes with your LANDBANK and OFBank Visa Debit Card. PROMO MECHANICS: 1. Existing and new LANDBANK and OFBank Visa Debit Card accountholders will get P100 cash back for a single minimum transaction of P100 made through any of the select international e-Commerce merchants ( Netflix, Google, iTunes, and Spotify) within the promo period. 2. Each account holder is entitled to one (1) rebate per month to be credited within a minimum of fifteen (15) business days to forty (45) business days from the date of transaction. • 1st Month – July 15, 2022 to August 15, 2022 • 2nd Month – August 16, 2022 to September 15, 2022 3. Promo period is from July 15, 2022 to September 15, 2022 TERMS AND CONDITIONS: 1. Each qualified LANDBANK and OFBank Visa Debit accountholders will be entitled to one (1) rebate per month. Maximum eligible rebate per accountholder is P200 for the promo duration. 2. Purchase must be from any of the following international merchants: MERCHANT REMARKS Google Except Google Advertising Services and Google-check-out purchases Netflix Spotify Including Podcasts iTunes Except physical payment in Apple stores Click here for the complete merchant category codes applicable in the promo. 3. Qualified transactions shall be based on the data sent by the merchant/acquirer to VisaNet. 4. A “Qualified Transaction” is defined as a successful payment transaction using a LANDBANK or OFBank Visa Debit Card for purchases/subscriptions in the abovementioned merchants within the Promo Period. 5. Promo Exclusions: The following transactions are NOT Qualified for this Promo: a. Domestic transactions in any of these merchants b. Face-to-face transactions in any of these merchants c. Transactions made through payment aggregators (ex. through telco bill or via PayPal for any of the above-mentioned subscription) d. Reversed/cancelled payments 6. The P100 maximum cashback will be credited to the qualified Cardholder of LANDBANK or OFBank Visa Debit account with transaction description, “LANDBANK Visa eComm Promo” on or before October 27, 2022 The cashback amount will be reflected on the Statement of Account and it will be reflected as part of the account’s transaction history which the Cardholder can access through the LANDBANK Digital Banking Channels (Mobile Banking Application and iAccess. 7. LANDBANK reserves the right to reverse or adjust the cashback previously posted if the qualifying spend is disputed or cancelled on a later date, or if the transaction is found to be invalid or fraudulent, or if there is erroneous posting of the cashback on the Cardholder’s account. 8. LANDBANK is not an agent of any of the participating merchants and makes no representation as to the quality of goods and services provided. All feedback regarding the quality of goods and services provided should be directed to the respective merchants. 9. In case of dispute in respect of but not limited to the Cardholder’s eligibility, coverage of dates, fulfillment, etc., LANDBANK’s decision shall prevail. All questions or disputes regarding the Cardholder’s eligibility for the promo shall be resolved by LANDBANK with the concurrence of DTI. 10. DTI Fair Trade Permit No. FTEB-147411 Series of 2022.
READ MOREAs of Thu, April 24, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.389379 | 0.404772 |
| EUR | 63.075598 | 65.573405 |
| GBP | 73.815795 | 76.738916 |
| HKD | 7.22993 | 7.775431 |
As of Wed, April 23, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557277 |
| Money Market Fund | 1.310499 |
| Money Market Plus Fund | 1.222999 |
| PERA Money Market Fund | 1.023529 |
| Medium-Term Bond Fund | 2.470284 |
| Bond Fund | 2.024201 |
| PERA Bond Fund | 1.198958 |
| Balanced Fund | 2.586074 |
| Growth Fund | 2.562272 |
| Alpha Equity Fund | 2.965405 |
| Blue Chip Equity Fund | 0.955259 |
| Equity Fund | 0.775159 |
| High Dividend Equity Fund | 1.007571 |
| US$ Money Market Fund | 1.431701 |
| Global $ Fund | 1.516504 |
