State-run Land Bank of the Philippines (LandBank) said more than 2.4 million unbanked Philippine Identification System (PhilSys) registrants have already signed up for LandBank transaction accounts as of April 30, 2021.

In a statement on Monday, LandBank said that of the total 2.4 million registrants, the bank has already issued LandBank Agent Banking Cards (ABCs) to 850,875 of them—free-of-charge and without an initial deposit requirement—while the rest will receive their cards by July.

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