The client or UCPB FISD can contact LANDBANK TBMU for assistance. Ghana. No. 142 signed by President Rodrigo Roa Duterte, the merger between LANDBANK and UCPB has been endorsed by the Governance Commission for GOCCs, approved by Monetary Board of the Bangko Sentral ng Pilipinas, consented to by the Philippine Deposit Insurance Corporation, and approved by the Securities and Exchange Commission (SEC) pursuant to the Certificate of Approval of the Articles and Plan of Merger issued by the SEC. LANDBANK Countryside Development Foundation Inc. LBP Resources and Development Corporation. Not yet. 7. Payments for loan amortization should still be coursed through the former servicing UCPB branch of account, which will be renamed as a LANDBANK branch. The depositor of the dishonored check may re-clear it but there are some cases where the returned check can no longer be re-cleared, like when the check is dishonored for having been drawn against a closed account.. (For updating of account, cardholders may call Customer Care Center Hotline (+632) 8-405-7000 or PLDT Domestic Toll Free Number 1-800-10-405-7000), Use your LANDBANK iAccess username and password, Card activation is allowed for both principal and supplementary cards. However, all DPU arrangements will be subject for evaluation/review six (6) months from the conversion of the servicing branch, based on existing LANDBANK parameters.

23. Cash Card is for institutional (corporate) accounts only. 21. You may call our LANDBANK Phone Access hotline number (02) 405-7000, or PLDT domestic toll-free number 1-800-10-7000 to get your latest statement balance and current outstanding balance. What will happen to the new UCPB Board once the merger takes effect? Following this example, if the last payment due date of said loan before the application of the mandatory grace period is on 20 September 2024, said last payment due date shall be moved to 19 November 2024. The UCPB account will be converted to an LANDBANK account. How much fund is allocated for the Program? 27. Do fixed income treasury clients need to pre-terminate their investment with UCPB because of the merger? The following are the other payment facilities of LANDBANK Credit Card (for Peso account only): The drawer/issuer will be provided with the image reproduction of the paid/honored check in their monthly statement of account. Students will directly apply to the schools. The LC shall check the borrowers historical 2 months of cards payments/billings, utility billings if updated prior to Covid 19; Must be a permanent resident/has resided with minimum 2 years in area of residence; and. UCPB checks issued by the UCPB borrowers shall be honored and transacted within two (2) years from the legal merger. February 15, 2021 = Php 4,739 However, LANDBANK ATM card will no longer be issued to account holders. However, the actual turn-around time is dependent to the amount of loan applied for and to the complexity of the project or loan purpose to finance.

FOI is a government mechanism, which allows Filipino citizens to request any information about government transactions and operations, provided that it shall not put into jeopardy privacy and matters of national security. What are the benefits of implementing CICS? However, LANDBANK passbook will no longer be issued to account holders. 5. Payments may be made in dollar notes or its peso equivalent. (Earning Access & Sure Yield) Check with ATM Access, Agricultural and Fishers Financing Program, Agricultural Competitiveness Enhancement Fund (ACEF), Young Entrepreneurs from School to Agriculture Program, Financing Program for Commercial Fishing Vessel, Working Capital and Liquidity Support Facilities, Innovation and Technology (I-TECH) Lending Program, Bringing Urbanization and Innovations Thru Landbank's Diverse Engineering Resources Support (BUILDERS), Health Progressive Lending for Upgraded Services Program (HEALTH-PLUS), Lending Program for Economic Zone Developers, Credit Facility for State Universities and Colleges (SUCs), SMART in City Development Lending Program, RFID (Radio Frequency Identification Card), EASY Check Plus (Corporate Check Printing System), Muntinlupa Online Real-Property Payment System (MORPS), Trust Banking Group | About & Contact Information, UITF Account Opening and Frequently Asked Questions, UITF Key Investment and Information Disclosure Statement (KIIDS), Bangko Sentral Registration Document (BSRD), Personal Equity & Retirement Account - Unit Investment Trust Fund (PERA-UITF), Integrated Quality and Environmental Policy. Click here to search for the nearest LANDBANK Lending Center near you. Both UCPB and LANDBANK trust clients can take advantage of the economies of scale when it comes to their investments. What are the benefits of using the LANDBANK Visa Debit Card? Peso billingsmay be settled in any LANDBANK or Banco De Oro (BDO) branches nationwide. (Earning Access and Sure Yield) Check with ATM Access Account.

Wise never hides fees in the exchange rate. The principal and accrued interest falling due from the effectivity of the Act until 31 December 2020 may be paid by the borrower in full after the application of the 60-day grace period. ACCRA FINANCIAL CENTRE, 3RD AMBASSADORIAL DEVELOPMENT AREA, RIDGE, You may pay your credit card bill on or before the following extended payment due dates: Only those covered by the auto-debit arrangement (ADA) need to request for temporary suspension of this arrangement. This will depend on the borrowing school. CMBiz, BIR ETPS, ePayment Portal), this will be manually enrolled using the existing enrollment forms submitted by the institutions to UCPB. Loan amortizations falling due within March 15 up to May 15, 2020. If one of the loans of a borrower with multiple loans is past due, will Sec. What are the available FX products being offered by LANDBANK? 8. No. Credit card transactions made, including fees/ charges incurred, prior to 15 September 2020 shall be covered by the Act. For how long will the Program be available for the borrowers? Can the borrower opt not to apply the 60-day mandatory grace period to any of this amortizations falling due on or before 31 December 2020? Yes. The clients existing investment settlement account with UCPB will eventually be migrated to a LANDBANK deposit account. Banks are not required to request for application of the mandatory one-time 60-day grace period under the Act.

The UCPB payroll account will be converted and migrated to the LANDBANK payroll account. The investment transaction will be recorded/booked in the LANDBANKs Integrated Treasury System (ITS) and shall not form part of the UCPB Investment Accounts that will be transferred/mainstreamed to LANDBANK upon the legal merger. It shall apply toexisting, current, and outstanding loans of the said borrower as of 15 September 2020. All clients will be issued with LANDBANK checkbooks once their current accounts are converted to LANDBANK. Auto Debit Arrangement (ADA)- is an automatic debit from your LANDBANK savings/ current deposit account to be credited to your LANDBANK Mastercardcredit card on your payment due date. Absorbing LANDBANK branches shall coordinate with UCPB current account holders for the immediate issuance of new LANDBANK checkbooks. Are the clients required to re-submit any document? The legal merger between UCPB and LANDBANK will take effect on March 1, 2022. Will the students bear the interest rate that will be effected to borrowing schools? The school by which the student would like to enroll should have a Memorandum of Agreement (MOA) with the Bank. How will the LANDBANK and UCPB merger affect the clients trust account/s and investment/s? Clients should communicate with UCPB-Trust for the updating of their accounts information and other documentary requirements. Original Maturity Date: December 29, 2020 1. What information can I ask for through FOI? Previously, your ATM card could not purchase online but today you have access to millions of online stores worldwide. This depends on the type of investment of the client. Can the depositor still re-clear a dishonored check? 4(uu) of the "Bayanihan to Recover As One Act" (BARO Act)? Kindly visit your depository branch to request card replacement. 2. Due Date: Every 30th of the month LANDBANK I-Access is an internet banking facility which provides clients the convenience of making selected off-site bank transactions such as Account Inquiry, Fund Transfer, and Bills Payment, thru the internet. They will be notified up to when the checks will be accommodated and should there be a need to issue new checks. There are no fees to make a request. The accounts applying the mandatory one-time 60-day grace period will not be included in the PDL ratio computation. Fortunately, the existing transactions of UCPB also involve LANDBANK; thus, continuity is assured and there will be a turnover arrangement between the two banks. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Collection- Monthly to start at the 5thyear, reckoned from the date of financial transaction. What is this Check Image Clearing System? As a sub-borrower, what are the requirements and processes to avail of the program? What are the requirements for LANDBANK ATM Card replacement? Aside from using your Debit card to swipe, you can also use it to purchase goods online! Until the effectivity of the merger, trust transactions will continue to be processed by UCPB-Trust. A client has an existing Investment Banking transaction with UCPB. The branch account representative will be coordinating with the client once his/her LANDBANK account number is created. A default password will be used but will be required to change upon initial log-in to the LANDBANK's retail internet banking facility.

The maturity date of your salary loan will be automatically extended by two (2) months; LANDBANK will add two (2) months to the original maturity date indicated in the Promissory Note (PN). 4. This will only be offered to schools from May 5, 2020 to June 30, 2021 only. The maximum loan amount shall be the equivalent of 1 school year/2 semesters, or, P150,000 per student but not more than P300,000 per borrower and which shall be based on the submitted school-issued Enrolment Assessment Form/Registration Form with Schedule of Assessed Enrolment Fees. But a reasonable fee maybe imposed for necessary costs, including costs of printing, delivery, reproduction and/or photocopying. What credit facilities are available under the program? For these purposes, other LGU projects (existing or in the pipeline) that will affect the NBC shall be considered in the computation of the tenor. Where do I find public information or records about LANDBANK? Will the UCPB salary loan accounts be the same (terms, mode of payment, etc)? What is the interest rate being charged for the loan? Loans under the program will have maturity that coincides or is co-terminus with their sub-borrowers PNs but will not exceed 3 years. All Salary Loan borrowers (LLS/ LMLS) regardless of Loan status whether these are current or past due are entitled to avail this program. 16. Wise may not provide services in the jurisdiction in question. UCPB clients issued checks for loan payments will be accommodated for a certain period. Will it cover loans of borrowers who have been previously required by lending institutions to execute a waiver of their right to avail of the benefits of the grace period prior to its effectivity? Any lacking documentary requirement shall be submitted to LANDBANK-Trust. Funding Support for LANDBANK Countryside Development Foundation, Inc. Can the check depositor still get the original check in case it is dishonored?

Banks also use these codes to exchange messages between each other. Upon the effectivity of merger, the UCPB and its Board of Directors will cease to exist. This 3% will be imposed to the borrowingschools only. The LANDBANK Visa Debit card replaced the LANDBANK ATM card which could only allow Philippine withdrawals and has no swiping facility. Apart from local merchants such as SM, Rustans, Mercury Drug, Petron, Robinsons Supermarket, Starbucks and the like, you can use your LANDBANK Visa debit card in over 30 Million Visa accredited stores worldwide. UCPB will continue to uphold and protect depositors' rights throughout the merger process. UCPB trust accounts will be managed according to the standards set under applicable BSP rules and regulations. How will the merger affect UCPBs focus in terms of target market? UCPB clients will still be able to use their SDB. Any waiver previously executed by borrowers covering loan payments falling due on or before 31 December 2020 shall be considered void. BDO may also accept payments for dollar billings provided payments are made in dollar notes only. The client will be treated as a new client/investor and will be required to comply with the requirements (e.g.

What loan purposes can be funded under the Program? Who will manage the clients trust account/s upon merger? Will the UCPB Start2Save Junior Savings Account evidenced by passbook and ATM card and with initial deposit and minimum ADB requirement of P100.00 be retained?

AGRICULTURAL DEVELOPMENT BANK, For clients with existing Safety Deposit Box (SDB) rental, will they still be able to use their SDB? Depending on the requirement of the LGU provided that the total loan exposure (including the proposed loan under the program) shall not be more than its Net Borrowing Capacity (NBC) per Bureau of Local Government Finance (BLGF) computation/certification. Past due accounts are not covered under Section 4 of the said Act. Withdrawal prior to expiry of holding period(Minimum holding period of ten (10) banking days from date of deposit), USD15.00 plus DST PHP0.60 for every PHP200 of the applied amount, Ad Valorem Fee =Transaction Value x0.00001 (round off to the nearest Peso), In-store, online, phone, mail, and overseas purchases, To be based on the approved arrangements and design per Memorandum of Agreement, Faster availability of funds to payees/beneficiaries, Faster feedback, allowing you to know whether the check is funded or not by the next business day, Improved security in deterring fraud and against loss or tampering of checks in transit, Wider checks presentment window within the business day as deposit cut-off may be extended, Faster turnaround time on service requests, With the implementation of the CICS, checks will have the following features as prescribed by the PCHC, Standardized length of 8 inches for both Corporate/Government and Private/Individual checks, Any check with missing information or alteration will no longer be eligible or acceptable for clearing, even if countersigned. BSFIs will add 60 days to the due date falling from 15 September 2020 until 31 December 2020 to determine the new due date. ACCRA FINANCIAL CENTRE, 3RD AMBASSADORIAL DEVELOPMENT AREA, RIDGE, This SWIFT code is for the AGRICULTURAL DEVELOPMENT BANK. Covered financial institutions should use the interest rate stipulated in the loan agreement. What if I dont find the information I need in the transparency seal, how do I make an FOI request? WHAT IS THE LOAN TENOR AND REPAYMENT TERM? April 15m 2020 = Php 0 Please bring with you your Cash Card and Valid IDs. Nonetheless, borrowers may still choose to pay their obligations as they fall due on or before 31 December 2020. Activate your LANDBANK Credit Card via theLANDBANK Mobile Banking App! reviving the local economy in the aftermath of the COVID-19 pandemic. Where can I report my lost/stolen LANDBANK Credit Card? Youll need to use one when sending money internationally. For Corporate Securities (CS), a Registry Confirmation (RC) coming from the third party-custodian like PDTC will be issued to the investor. Will their payroll account still be maintained? Like a credit card, you can now use your LANDBANK Visa Debit card in any merchant which accepts Visa. Where can I request my monthly billing statement? The loan requests will be processed through the usual procedures of LANDBANK. Upon legal merger, all documentary requirements of UCPB fixed income clients shall be transferred and safe kept by LANDBANK. FOI requests only cover public information or records. Who can register in the LANDBANK Credit Card MBA? The UCPB pension account will be converted to LANDBANK pension account. The concerned LANDBANK Branch will be their designated servicing branch and all proceeds from their investments (e.g. BSFIs shall give their clients ample time to respond to the request for consent with a disclosure that they will proceed with the transaction or arrangement if no feedback is received within the given period. In the event however, that external funds that may be provided by law as part of the economic stimulus package, interest rate shall be as prescribed under said legislation. The credit facility will be offered at an interest rate of 4.5% per annum, fixed for the first year, regardless of he credit rating of the borrower, and subject to annual repricing thereafter based on the Banks prevailing interest rate. Yes. Total Loan Amount: Php 50,000 A client would like to invest in fixed income securities through LANDBANK. What will happen to UCPB pension account? Yes. A penalty rate of 24% per annum shall be charged in case of non-payment, to commence on the day immediately after the due date of loan amortization/credit accommodation up to the date of settlement. Will UCPB clients money remain safe when the merger takes place? Must be a permanent resident/has resided with minimum 2 years in area of residence. Banks and other transfer services have a dirty little secret. No. Credit card transactors will not be charged any interest during the 60-day grace period if they pay the total oustanding balance on or before the new due date. The clients branch of account representative will be coordinating with them once their LANDBANK account number has been created. This will extend the final due date of the entire loan by 60 days. Likewise, the parties may agree to pay the principal interest on staggered basis beyond 31 December 2020. Any UCPB clients can already invest thru LANDBANK even before the legal merger. You may call our hotline (632) 8-4057000 or email us at. This will extend the final due date of the entire loan by 60 days. Please visit thislink. UCPB shareholders approved the merger plan with LANDBANK during its stockholders meeting on December 14, 2021. What will happen to deposit and loan accounts of UCPB clients who are abroad? All requested information shall be made publicly available once granted in order to cater similar or duplicate requests. Meanwhile, credit card transactions made on and after 15 September 2020 shall no longer be covered by the said Act and shall continue to incur interest or finance charges if not fully paid on or before its orginal due date. The client may proceed to their branch of account or get in touch with their account officer for their FX requirements. You may call our hotline (632) 8-4057000 or email us at ccad@mail.landbank should you wish to settle the deferred accrued interest via a special payment arrangement. All Rights Reserved. What other LANDBANK products and services can a client avail other than his/her existing deposit account? A service fee of P200.00 will be charged for checking accounts falling below ADB requirement for two (2) consecutive month-end and every month-end thereafter. Likewise, BSFIs no longer need to apply for exclusion of the accounts in the computation of the PDL ratio. InformationRequests can be made for information, official records, and public records, pertaining to government official acts, transactions, or decisions required by law, executive orders, rules or regulations to be entered, kept and made publicly available by the Bank. should you wish to settle the deferred accrued interest via a special payment arrangement. We give you the real rate, independently provided by Reuters. Payment Due Dates Deferred: March 15, 2020, April 15,2020 and May 15, 2020 UCPB clients can still use the checkbooks on hand until the conversion of UCPB servicing branches to LANDBANK.

Due Date: Every 15th of the month Access your eBanking Account*. Short Term Loan for pre-school, primary and secondary education; and. If a UCPB client has a Third Currency Account, will this be retained? Are there other requirements needed to be submitted prior to loan release? In case of varied maturity dates of the sub-PNs, borrowing-schools PN maturity date will be the earliest due date of sub-PNs per batch. How will the grace period be applied to DOSRI transactions under Sec.

However, LBP passbook will no longer be issued to account holders. What is the status of the regulatory approvals to effect the merger?

coupon payments and principal) will be credited to their settlement account. Could UCPB accountholders still issue checks or post-dated checks? Trust clients will also benefit from the wider reach of LANDBANK through its branches responding to trust account concerns. 28. For UCPB clients who are currently viewing their Bank Statements in MT940/MCF (Multi-Cash Format) via email, will they still enjoy this feature? Inter-branch Deposit/Withdrawal/Check Encashment (for inter-regional transactions only), Inter-branch Check Encashment This covers payment due dates from March 20, 2020 up to May 15, 2020, subject to the extension of the enhanced community quaratine (ECQ) period. WHAT IS THE COVERAGE AND DURATION OF THE PROGRAM? WHAT ARE THE BASIC DOCUMENTARY REQUIREMENTS TO APPLY FOR A LOAN? The website you are trying to reachis responsible for their content and security level. 11. How will the client purchase or sell FX upon merger? In some instances, we may need more time to review your request and thereby extend the processing time. The UCPB account numbers will be converted and migrated to LANDBANK account numbers based on the equivalent type of account. Coverage - Accounts falling below ADB requirement for two (2) consecutive month-end and every month-end thereafter For Term Loan, it is payable up to maximum of 3 years inclusive of 1 year race period on the principal. Is full collateral cover required under the program? UCPB will be a part of a bigger institution that caters to a wider base of clientele, including the other segments of the agricultural value chain. amortizations, falling due from the effectivity of the BARO Act or from 15 September 2020 until 31 December 2020. http://www.facebook.com/BangkoSentralngPilipinas/, Peso E.A.S.Y.

No. The amortizations for the payments falling due from 15 September 2020 will be rescheduled.

No penalty/sanction shall be imposed on such DOSRI transactions when payment is made on the new due date following the application of the mandatory grace period. How and how long will be the repayment term of the borrowing schools? 5. For example, the due date of a loan with monthly amortization falling due on 20 September shall be moved to 19 November. No. Were on a mission to bring transparency to finance,for people without borders. If a client wants to sell his/her current treasury holdings, who should the client get in touch with? Can the borrower opt to apply the 60-day mandatory grace period to any of this amortizations falling due on or before 31 December 2020? The UCPB Multi-One Account will be converted to LBP Peso E.A.S.Y. The Freedom of Information (FOI) Program is the Governments response to the call for transparency and full public disclosure of information. Not be more than 60 years old and Filipino Citizen; With good credit standing and must have established repayment capacity, as evidenced by Certificate of Employment, Employment Contract (if employed), Business permit (if Self-employed), among others; and. For more information, please visithttp://www.lbpiaccess.com. Are fees/charges related to loans extended or credit lines granted scheduled to be paid on or before 31 December 2020 covered by the mandatory grace period? 2. The borrowing schools will be the one to set their own parameters, requirements, repayment options for their sub-borrowers. With your LANDBANK Visa Debit card, you can dont have to bring cash which may be stolen from you. We want you to know that we are only responsible for the content we post. A service fee of P200.00 will be charged for savings accounts falling below ADB requirement for two (2) consecutive month-end and every month-end thereafter. b. The UCPB deposit and loan accounts will be converted to LANDBANK deposit and loan accounts. The borrowers under the program are learning institutions from the private sector. The program will only be offered for a specific period of time. 3. What will happen to Agencies with Auto-debit arrangement? Paid/honored checks will no longer be given back to the drawer/issuer and will just be kept by the presenting/collecting bank for a period of six (6) months. The UCPB CheckStarter Account will be converted to LANDBANK regular checking account. Who can access the Credit Card Module in the LANDBANK Mobile Banking Application (MBA)? Sample Illustration: 4 of the Bayanihan to Recover as One Act. 7. These codes are used when transferring money between banks, particularly for international money transfers or SEPA payments. For the list of LANDBANK deposit products and services, the clients may visit the LANDBANK website at www.landbank.com. This shall be automatically extended if the ECQ shall be extended by the President of the Republic of the Philippines. Can UCPB cardholders now withdraw at LANDBANK ATMs with no charges? LANDBANK has a wide array of LANDBANK products and services to suit its customers banking needs which are available in all 489 LANDBANK branches and branch-lite units nationwide and 58 lending centers, and through e-banking channels. Yes, the original copy of the dishonored check shall be returned to the depositor with the reason for return stamped on it. March 15, 2021 = Php 4,704, Existing auto-debit arrangement shall be suspended until the end of the 60 day grace period, Yes, borrowers can request for reversal thru its Agency, Yes, borrowers are encouraged to utilize the eBanking (MBA or IAccess) facilities of LBP for their loan payment, No penalty will be charged during the grace period. Will the UCPB CheckStarter Account with only P1,000.00 maintaining balance be retained? Just like a credit card, one can just input the card details as asked on the online store such as iTunes, and the purchase will be completed in a matter of seconds. Banks and financial institutions use them to identify themselves globally. 3.

1. SDB contract is valid for two (2) years, To report a Lost/Stolen card you may: Do clients need to withdraw/redeem their investment/s because of the merger? 1. What will happen to the following existing loans and related contracts or agreements: Will there be any changes in the terms and conditions of the following? No. The grace period will only reckon from the time the loan with principal and/or interest, including amortization, payment falls due from 15 September 2020 until 31 December 2020. Do borrowers need to apply or request for approval from BSFIs for the application of the mandatory one-time 60-day grace period. However, the borrower is given the option to any of the following: a. LANDBANK maintaining balance and minimum ADB requirement for an LANDBANK regular ATM savings account is P500.00. Fees and charges related to loans extended or credit lines granted are covered by the mandatory grace period under teh BARO ACt. Original Maturity Date: December 15, 2020 4 of the BARO Act still apply to other loans of said borrower? On the other hand, LANDBANK Trust accounts will not be affected by the merger activities. The mandatory grace period shall apply to DOSRI transactions with payments falling due from 15 September until 31 December 2020. We charge as little as possible, and we always show you upfront. For this purpose, "existing" loans shall refer to loans granted, or transactions (e.g., purchases, cash advances, balance, transfers) made using credit cards, prior to 15 September 2020. Coverage - Accounts with no depositor-initiated financial transaction for two (2) years and failing below the required ADB, Collection - Monthly to start at the 5th year, reckoned from the last date of financial transaction, US Dollar within and outside New York subject to fifteen (15) banking days clearing period, Other Foreign Currency through special clearing and should not be lower than USD250 equivalent, Closing of Savings or Current Account within one month from opening date, Penalty charge for Returned Checks and Other Cash Items (RCOCI), Service fee in excess of two (2) withdrawals in a month, Press 2 - For More Land Bank Phone Access Services, Key in your ten-digit bank account number and four-digit telephone access number. What are the benefits of the merger to trust clients?