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Mobile app can open savings account

Republika

Land Bank of the Philippines (Landbank) recently launched its digital onboarding system (DOBS) Mobile, which will allow people to open a savings account using their mobile phones.


DOBS Mobile supports the government’s Ease of Doing Business (EODB) bid as well as the pandemic-related health protocols, LandBank said.


“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,” Landbank Branch Banking Sector head and executive vice president Julio Climaco Jr. said.


Landbank said the digital bank accounts opened using DOBS Mobile have various features like cardless withdrawal through the mobile app, and funds transfer and bills payment through both the Mobile Banking App (MBA) and the Landbank iAccess, among others.


“Clients can also upgrade the digital bank account to a regular Landbank Visa debit card by visiting their branch of account and requesting for a physical card anytime,” it said.

Photo: PNA


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