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PhilSys goal of financial inclusion gains ground

NATIONAL ID REGISTRATION. Barangay Baquero Sur in Moncada, Tarlac conducts Philippine Identification System registration on Tuesday and Wednesday (Oct. 19 and 20, 2021). The applicants will just wait for the delivery of their Philippine Identification cards. (Photo courtesy of Philsys Moncada Facebook) DAVAO CITY - The aim of the Philippine Identification System (PhilSys) to achieve financial inclusion for Filipinos who cannot access vital services due to lack of valid proof of identity is within reach. As of October 14, there are already 5,792,485 PhilSys registrants who applied for a Land Bank of the Philippines (LandBank) account, according to an October 20 post by the Philippine Statistics Authority (PSA). "The opening of transaction accounts after Step 2 registration is free, voluntary, and part of the initiative of PSA and LandBank," the PSA post read. After finishing the Step 2 biometrics process (validation of supporting documents, iris scan, fingerprints, and photogr ....

Davao City , Rodrigor Duterte , Agent Banking Program , Philippine Statistics Authority , Land Bank , Philippine Identification System , Transaction Reference Number , Banking Cards , Philippine Identification , President Rodrigo , Republic Act , Philippine Identification System Act , National Id Registration Barangay Baquero Sur In Moncada , Arlac Conducts Philippine Identification System Registration On Tuesday And Wednesday Oct 19 20 , 021 The Applicants Will Just Wait For Delivery Of Their Philippine Identification Cards Photo Courtesy Philsys Moncada Facebook Davao City Aim System To Achieve Financial Inclusion Filipinos Who Cannot Access Vital Services Due Lack Valid Proof Identity Is Within Reach As October 14 , Here Are Already 5 , 485 Philsys Registrants Who Applied Fora Land Bank Of The Philippines Landbank Account , Ccording To An October 20 Post By The Philippine Statistics Authority Psa Quot Opening Of Transaction Accounts After Step 2 Registration Is Free , Nd Part Of The Initiative Psa And Landbank , Uot The Psa Post Read After Finishing Step 2 Biometrics Process Validation Of Supporting Documents , Iris Scan , Nd Photograph , Egistrants Can Present Their Transaction Reference Number Slips To Open An Account Landbank Booths Are Set Up In Select Philsys Registration Centers Nationwide The Agent Banking Program Allows Customers Without Formal Presence Enjoy Lower Costs , Mproved Access To Financial Services , Nd Save On Travel And Related Expenses Agent Banking Cards Are Issued For Free Without Initial Deposit Card Holders Can Do Cash In Out , Fund Transfer ,