BALER, Aurora, March 21, 2013-At least 5,000 government employees, including 1,000 rank-and-file personnel from the provincial government are now drawing their salaries, allowances and other benefits through an automated teller machine (ATM).
After over 30 years since the first 24-hour ATMs were introduced in the country, the automated payroll system is now in place in the province also catering to policemen and soldiers, employees of the Aurora State College of Technology (ASCOT) and over 2,000 employees of the Department of Education (DepEd) with the activation by the Land Bank of the Philippines of the ATM inside the Capitol compound here, the first known off-site ATM unit in the province.
LBP Baler branch head and department manager Aurelio L. Bagaoisan said the use of e-card systems is in line with the thrust of the bank to provide alternative service delivery channels to its clients.
“The opening of this off-site unit is in response to the snowballing clamor of ATM cardholders in Baler to beef up the existing two ATM units we have which have high utilization especially during the peak payroll periods,” Bagaoisan said.
Bank employees from its ATM and cash department led the distribution of e-cards at the Capitol recently.
Prior to the opening of the off-site unit, two ATM units installed inside the bank’s compound fronting the Capitol are servicing ATM users such as individual ATM account holders, Conditional Cash Transfer (CCT) cash card holders, the Philippine National Police and the military.
Bagaoisan said that with the additional 5,000 cardholders, the bank’s three ATM units now service 20,000 card holders all over the province.
He said they are eyeing to open a second off-site ATM unit at the municipal hall in this capital town to service an initial 500 card holders from the local government unit (LGU) and institutional clients from the Department of Environment and Natural Resources, the Department of the Interior and Local Governments, the Technical Education and Skills Development Authority and Mt. Carmel College.
The activation of the first off-site unit was the offshoot of a memorandum of agreement signed on February 13 last year between the provincial government represented by Gov. Bellaflor Angara-Castillo and Vice Gov. Gerardo Noveras and Land Bank represented by Region 3-B head Lolita Cruz, Bagaoisan and Guimba (Nueva Ecija) branch head/department manager Marilou Saturno.
The Land Bank ATM card features cash withdrawal 24-hours a day, seven days a week; payment of purchases through Point of Sale (POS) up to P100,000; bills payment and access account through phone and internet.
ATM savings account has an opening and maintaining balance of P5,000 while ATM current account has an operation and maintaining balance of P10,000.
Land Bank ATM cards are free of charge upon initial issuance. Defective cards will be replaced free of charge within 30 calendar days upon receipt of request with replacement of lost/stolen cards to be charged P50.
The ATM card has a security feature involving the personal identification number of the holder, a computer-generated four-digit number provided by Land Bank.
According to the Bangko Sentral ng Pilipinas (BSP), the first 24-hour ATMs were introduced in the Philippines in the 1980s.
Between 2001 and 2011, its network grew by 175 percent from 4,000 to 10,000 ATMs. As of June 2012, over 11,000 ATMs were installed nationwide.
In terms of individual ATM cardholders, there were around 30 million as of 2010. (Manny Galvez)
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