| BASIC REQUIREMENTS |
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| Local | 1. Presentation of at least one (1) original valid photo-bearing ID, including Philippine Identification (PhilID) Card)Notes: • When necessary, branches shall require secondary proof of identification (e.g., billing statement of utilities or major credit cards in the name of the customer). • Identifying documents shall be signed by the customer.• SSC of referred customer shall be signed by the endorsing officer/employee of the Bank or valued customer.• The BH/BOO/BSO[1] who shall approve the opening of the deposit account may, at his discretion, confirm the same with the referring officer/employee or valued depositor of the Bank. 2. Two (2) recent ID photos (to be attached to CISSC/LOCIS and SSC)3. Students who are beneficiaries of remittances/fund transfers and are not yet of voting age may be allowed to present the original school ID duly signed by the Principal or head of the school and submit a clear photocopy of the same. 4. Whenever necessary, the Branch may accept other IDs, provided that it shall not be the sole means of identification.5. In case the identification documents mentioned above or other identification documents acceptable to the Bank do not bear any photo of the customer or authorized signatory, or the photo-bearing ID or a photocopy thereof does not clearly show the face of the customer or authorized signatory, the Branch may utilize own technology to take the photo of the customer or authorized signatory6. Birth certificate of the child in case of parents opening an account in behalf of their child• The Branch shall retain a photocopy of the same duly authenticated by the NAC• The parent(s) shall still be identified in accordance with the requirements |
| Foreigner, all of the following: | 1. Passport 2. ACR/Diplomatic Identification Card issued by the DFA specifying status i.e., working, business, student or non-resident Note: Foreign national whose working permit is under process shall be required to submit Certificate of Employment. |
| Court-appointed Fiduciary (Guardian, Administrator, Trustee or Receiver), all of the following: | 1. Original Copy of Court Order containing the Fiduciary’s appointment2. Original Copy of Court Order authorizing the Fiduciary to open a deposit account with LANDBANKNote:The Branch shall retain a photocopy of the Court Order duly authenticated by the NAC. |
| Single Proprietorship | 1. Certificate of Registration with the DTI2. City/Municipal Mayor's Permit |
| Partnership | 1. Articles of Partnership2. Certificate of Registration with the Securities and Exchange Commissiona3. Notarized agreement/resolution designating the extent of authority of each partner in dealing with the depository Bank |
| Corporation | 1. Articles of Incorporation and By-Laws2. Certificate of Registration with Securities and Exchange CommissionNote: For those not supervised by SEC, a certificate of registration issued by the appropriate supervising agency shall be submitted. 3. Latest General Information Sheet which lists the names of directors/ trustees/principal stockholders owning at least twenty percent (20%) of the outstanding capital stock and primary officers such as the President and Treasurer4. Notarized Certificate of Corporate Secretary attesting to the issuance of a Board Resolution authorizing the following:• To open an account with LANDBANK• Designating the officers authorized to deposit, withdraw, endorse or negotiate checks and otherwise deal with the Bank deposit and the nature and extent of such authority, which shall conform with the By-Laws of said CorporationNote: Conformity of the Board Resolution to the By-Laws shall be checked by the OA.• Certifying that the resolution remains effective and has not been amended, revoked or superseded5. Certificate of registration with appropriate government agency in special cases, such as the DOLE for labor unions |
| Corporation in the process of incorporation | 1.Proposed Articles of Incorporation stating therein the name of “Treasurer-in-Trust-For” authorized to open an account with LANDBANK in behalf of the corporation2. Duly notarized Secretary’s Certificate designating the “Treasurer-in-Trust For” |
| For Foreign Corporations, all of the following: | 1. Articles of Incorporation and By-Laws2. Resolution of the foreign corporation’s BODs or members authorizing the opening of a deposit account3. Power of attorney of the corporation or its authorized signatory/ies designating and empowering his resident agent/s or authorized representative/s to the Philippines4. License to do business in the Philippines duly issued by SEC, if the foreign corporation is doing business in the Philippines Note: Items 1 & 2 shall be duly authenticated before a Consular Office of the Philippines and all documents written in a foreign language shall be translated in English. |
| For Joint Ventures/Consortiums, all of the following: | 1. Joint Venture Agreement2. Articles of Incorporation and By-Laws of the corporations involved in the joint venture3. If one of the corporations involved is a foreign corporation, necessary documents for opening of accounts for foreign corporation shall be followed/observed |
| Association/Organization and Government Units | |
| For Association or Organization, all of the following: | 1. Certificate of Registration with appropriate government agency2. Constitution and By-Laws3. Duly notarized Board Resolution containing the following:• Authority to open an account with LANDBANK• Officers authorized to sign and the nature and extent of such authority• Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded |
| For Cooperative, all of the following: | 1. Certificate of Registration with the Cooperative Development Authority2. Constitution and By-Laws3. Duly notarized Board Resolution containing the following:• Authority to open an account with LANDBANK• Officers authorized to sign and the nature and extent of such authority• Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded |
| For GLA, all of the following: | 1. Charter and/or law creating the government corporation/office/agency or E.O./Department Order creating the government entity2. Duly notarized Board Resolution/LOA from Head of Agency incorporating the following:• Authority to open an account with LANDBANK• Officers authorized to sign and the nature and extent of such authority• Certification that the resolution remains effective and subsisting and has not been amended, revoked or superseded3. Resolution conforming with the Charter or law creating the government corporation/office/agency or the E.O. creating the government entity |
| For LGU, all of the following: | 1. Duly notarized Resolution issued by the Sanggunian of LGU concerned incorporating the following:• Authority to open an account with LANDBANK• Officers authorized to sign and the nature and extent of such authority• Certification that such resolution remains effective and subsisting and has not been amended, revoked or superseded2. In case of a temporary or permanent vacancy in the Office of the LGU Chief Executive or Local Treasurer, the following shall be required:• A new Sanggunian Resolution when the previous Sanggunian Resolution specifically indicates the name of the Local Chief Executive or Local Treasurer If the general term “Chief Executive” and “Local Treasurer” of LGU was used in the Sanggunian Resolution in the opening of account, a certification from the DILG and BLGF on the assumption of the successor, respectively, shall be sufficient.• If there is a conflict on the assumption to a position and a Sanggunian Resolution cannot be secured, certification from the DILG on the assumption on the successor shall be required while, for the new treasurer, a certification from the BLGF.3. As a rule, Charter and/or law creating the LGU shall not be required but if in doubt, the Branch may opt to require said documents. |
| For Barangay, all of the following: | 1. Barangay Council Resolution stating its authorized signatories2. List of Officers3. Officers’ Oath of Office4. In case of a temporary or permanent vacancy occurs, the following shall be required:• A new Barangay Resolution when the previous Barangay Resolution specifically indicates the name of the Local Chief Executive• If the general term “Barangay Chairperson” of LGU was used in the Barangay Resolution in the opening of account, a certification from the DILG on the assumption of the successor shall be sufficient.If there is a conflict on the assumption to a position and a Barangay Resolution cannot be secured, a certification from the DILG on the assumption of the successor shall be required. |
| For Unincorporated Units of the Government (i.e., for accounts opened for Public Officials for funds held in their official capacity) | 1. Letter of intent to open a deposit account with the bank by the public official 2. Duly Notarized SPA, in case a public official designates signatory/ies to the account or appoints representative/s to transact with the Bank in his behalf 3. Valid photo-bearing ID and ID picture of the public official and representative |
