LANDBANK Unveils Digital Onboarding for Account Opening via Mobile Appby Fintech News Philippines May 13, 2021
The Land Bank of the Philippines (LANDBANK) has rolled out digital onboarding for its customers to enable them to open a savings account without the need to visit a physical branch.
The state-run bank launched the digital onboarding system known as DOBS Mobile on May 12, 2021, which reportedly facilitates online savings account opening in 10 to 15 minutes.
Using the LANDBANK app, customers need only to fill out application forms online and upload a valid identification card such as UMID, Passport, PRC ID, SSS, company ID or even school ID to open a digital savings account.
The digital bank account offers features such as cardless withdrawal via the mobile app, and funds transfer and bills payment through both the MBA and the LANDBANK iAccess, among others.
Clients can also upgrade the digital bank account to a regular LANDBANK Visa Debit Card by visiting one of their branches.
DOBS Mobile was launched in support of the National Government’s Ease of Doing Business (EODB) initiative, as well as safety protocols amid the ongoing pandemic.
Prior to the launch of the DOBS Mobile, LANDBANK introduced DOBS in December 2018 as the first online account opening portal among universal banks in the Philippines.
“The DOBS Mobile underscores LANDBANK’s continued commitment to provide accessible, convenient, and safe digital solutions.
Our digital banking initiatives remain centered on balancing service delivery while ensuring the health and safety of our clients which is of utmost priority,”
said Julio D. Climaco, Jr., Branch Banking Sector Head, Executive Vice President at LANDBANK .