Landbank Savings Account

  
Landbank

Articles of Cooperation and By-Laws. Authority to open a bank account with LANDBANK. Designated Officers authorized to sign and the nature and extent of such authority 3. Duly notarized Board resolution incorporating the following:. Authority to open bank account. Account Type Choose Account Type Savings Account Checking Account For Landbank ATM cardholders, please make sure to enter your member number before you click Submit button.

If you have zero balance on your bank account in LandBank for more than a two years or if your bank account didn't maintain the required minimum maintaining balance for a long period of time, chances are your account will be a candidate for a closure. LandBank will close those type of accounts or accounts that are dormant or inactive for more than two years. Then, here you go, you want to use that inactive account again. Can you renew that inactive or closed account (Passbook or ATM) in LandBank?Answer
According to LandBank's Customer Service Representative, once an account is closed, it cannot be reopened or reactivated. You will have to open a new account (with new account number) with you LandBank branch.
If you want to open a new account, don't forget to bring the requirements:
  • Two (2) valid id's
  • Two pieces 1'x1' photo id (recent and formal photo is recommended)
  • Php 500 initial deposit (for account with ATM access)
  • TIN or Tax Identification Number, if employed
  • Proof of Billing (e.g. Landline/Internet bill, electricity bill, water bill, etc.)
Tips
Landbank
  • To avoid your bank account being closed, you must maintain the required minimum balance, transact to your account (deposit or withdraw) at least once a year. Dormant or inactive LandBank accounts for more than two years could be closed or could be charged a dormancy fee.
  • Enroll your LandBank account to its internet banking facility called LandBank iAccess Retail Internet Banking for easier and more convenient access of your account. With internet banking, you can monitor you LandBank account anytime and anywhere and you can also pay your bills online.
  • It's better to maintain the minimum balance and earn interest than to pay the penalty of falling below maintaining balance.

Landbank Savings Account

Do you have any concern or problem with your LandBank (Passbook or ATM) account?