You can now buy or sell your assets with confidence through the Buy and Sell Escrow Agency Account. Though this account, LANDBANK – Trust Banking Group (LBP-TBG) aids in facilitating important financial transactions by ensuring that conditions set-out by the Parties are properly complied with before releasing important documents for the sale of real estate properties, shares of stocks, or other valuable assets, among others. 

An essential agreement to ensure proper execution of software development projects. Under this arrangement, LANDBANK – Trust Banking Group (LBP-TBG) is appointed as Escrow Agent to safekeep and care for the source code of Software Developers to ensure its availability for use by their Customer (usually corporations or financial institutions) under the specified conditions agreed upon by both parties.

Through this set-up, both developer and its customer can rest confidently knowing that an experienced and professional third-party is there to assist in strengthening their partnership. 

LANDBANK - Trust Banking Group (LBP-TBG), as an Escrow Agent, acts as an impartial third party who will intervene or safeguard your contracts involving money, securities, property titles or documents. LBP-TBG make sure that the terms and conditions of the agreement are complied with by all parties involved.

With an Escrow Agency Account, parties will worry less about breach and non-compliance with contract terms. More than the security we provide, your account has the potential to earn extra with our prudent investment of funds (if applicable).

This refers to an arrangement where the property owner turns over to Land Bank of the Philippines -Trust Banking Group (LBP-TBG) valuables or other instruments such as or those similar to Transfer Certificate of Titles, certificate of deposits, with the duty to keep the property safe and return or deliver the same to the owner upon the latter’s order or instruction.

Refers to Trust arrangements established by pre-need companies in compliance with the requirements of the Pre-Need Code of the Philippines. These trust accounts are established to ensure that the pre-need company can fulfill its obligations to its customers and provide the promised services and benefits. 

Pre-need companies typically offer a range of products and services, including educational plans, pension plans, and life insurance policies. By establishing trust accounts, these companies can ensure that they have sufficient funds to meet their obligations to their customers and that these funds are managed in a secure and transparent manner. 

Under this arrangement, Land Bank of the Philippines – Trust Banking Group (LBP-TBG) is responsible for managing the trust account following the terms of the trust agreement and ensuring that the funds are used only for specified purposes. It is also responsible for maintaining accurate records of all transactions and providing regular reports to the pre-need company and the regulatory authorities.