GSIS expands LBP partnership to cover active members
THURSDAY, 11 AUGUST 2011 20:13 VG CABUAG / REPORTER
THE Government Service Insurance System (GSIS) said that starting this month, its members may choose to have their loan proceeds and other benefits credited to Unified Multipurpose Identification (UMID) eCard issued by the Land Bank of the Philippines.
By choosing the state-owned bank, GSIS members will benefit from LandBank’s network of 327 branches and more than 900 automated teller machines (ATMs) nationwide.
With the UMID eCard, members can withdraw their loan proceeds and other benefits in any Expressnet, BancNet or Megalink ATM nationwide.
The LandBank-issued UMID eCards also serve as a debit card in more than 20,000 accredited merchants nationwide and as a discount card for GSIS corporate partners such as Pfizer and STI.
The card is free with no maintaining balance required for members transferring to LandBank.
The pension fund for government workers, which has about 1.4 million members, renewed its partnership with LandBank in December last year in a move to give its more than 300,000 pensioners the choice to receive their monthly pension and other benefits through a LandBank ATM or through their eCard.
“This renewed partnership with LandBank makes it easier for our members and pensioners, especially in the provinces, to access their benefits and other loans,” Robert Vergara, GSIS president and general manager, said in a statement.
To transfer to LandBank, members can visit the GSIS web site (www.gsis.gov.ph) log on to the eCard member transaction page and click the “Choose LandBank as your servicing bank” icon. Members can also go to the nearest GSIS field office or e-mail their name, date of birth, and UMID Common Reference Number to eservices@gsis.gov.ph.
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CARLOS ANI - SEEDFINANCE Corporation - http://www.seedfinance.net
Email: carlosani@seedfinance.net
Landline: +63495010127 Cellphone: +639152919580
DEVJOBS - http://www.devjobsmail.com
PHILDEVFINANCE - http://phildevfinance.posterous.com http://phildevfinance.wordpress.com
CONSULTING - http://www.carlosani.com
My Clippings - http://www.myclipps.posterous.com
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