
LANDBANK of the Philippines CEO Cecilia C. Borromeo assured its clients on Tuesday that they have cash in their automated teller machines (ATMs) amid the re-imposition of lockdown measures in some areas of the country.
“Amid the recent rise in Covid-19 cases, LandBank remains committed to balancing uninterrupted service delivery while prioritizing your health and safety,” Borromeo said. “While we continue to promote cashless transactions, we also ensure sufficient cash availability in all our ATMs should you need cash.”
The CEO also said their branches will remain open but with “strict but necessary health protocols in place.”
Earlier this month, LandBank announced it is extending once again the waiver of fees for online fund transfers of retail clients until June 30.
Previously extended only until March 31, the waiver of fees covers online fund transfers facilitated through the state-owned bank’s online banking channels via InstaPay and PESONet.
It has also reported that its mobile banking application (app) facilitated 14.1 million transactions valued at P20.27 billion as of end-February. This represents a 71-percent increase in transaction and a 230-percent increase in total volume from the previous year.
Borromeo also called on clients to “be extra vigilant” in protecting accounts against scams and security threats as cybercrimes threats remain in the midst of restrictions in mobility and travel.
“Do not share your personal account details to prevent unauthorized use of your bank accounts or credit cards,” the LandBank CEO said. “Please report to us immediately if you notice any unusual transactions or activities in your accounts.”