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3.8M Filipinos get LandBank accounts

OVER 3 million unbanked Filipinos have registered transaction accounts with Land Bank of the Philippines (LandBank) after signing up for the National Identification (ID) system. In a statement on Friday, LandBank announced that it had onboarded a total of 3.794 million unbanked National ID registrants for transaction accounts. The cards are part of the lender's ongoing partnership with the Philippine Statistics Authority to co-locate in the. ....

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DSWD closely coordinating with Land Bank for cash cards of UCT and SocPen beneficiaries


Published February 11, 2021, 7:44 PM
The Department of Social Welfare and Development (DSWD) said Thursday, Feb.11 that it has started closely coordinating with the Land Bank of the Philippines (LBP) for the issuance of cash cards for the recipients of the unconditional cash transfer (UCT) and the Social Pension for Indigent Senior Citizens to ensure the immediate delivery of their entitled social welfare benefits amid the coronavirus disease (COVID-19) pandemic. 
MANILA BULLETIN FILE
DSWD Spokesperson Irene Dumlao apologized for the delayed payout of the UCT to senior citizens, explaining that they have to validate first the master list of beneficiaries because distributing such benefit, which is provided under the Tax Reform for Acceleration and Inclusion Act (TRAIN).  ....

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