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Land Bank of the Philippines is accepting electronic payment for Bureau of Customs miscellaneous fees
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BOC and LBP signed a MOA for the use of the bank’s electronic payment facility for digital payments of miscellaneous fees to the customs bureau
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The use of LBP’s Link.BizPortal is aimed at streamlining payment processes, minimizing delays, and providing a more convenient and user-friendly experience for stakeholders
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The use of the portal is also seen to reduce bureaucratic red tape and improve BOC’s overall service delivery
Land Bank of the Philippines (LBP) is accepting electronic payment for Bureau of Customs (BOC) miscellaneous fees.
The BOC and LBP signed a memorandum of agreement on March 4 for the use of the bank’s electronic payment facility for digital payments of miscellaneous fees to the customs bureau.
In a statement, BOC said use of LBP’s Link.BizPortal would streamline payment processes, minimize delays, and provide a more convenient and user-friendly experience for stakeholders. It is also seen to further enhance the agency’s operational efficiency, reduce bureaucratic red tape, and improve overall service delivery.
“Through Landbank’s Link.BizPortal, we are not only facilitating smoother transactions but also fostering greater transparency and accountability,” Customs commissioner Bienvenido Rubio said.
Link.BizPortal is an e-payment facility that allows clients to pay for products and services via the internet from both the government and private institutions/sectors.
Its functions include the ability to handle small and large-value payments, allow real-time debit from payor’s account and batch credit to merchant’s account, generate and issues online payment confirmation via email, and other functionalities that will improve the transaction experience of stakeholders.
The BOC said the partnership with LBP “marks a collective effort in the continuous pursuit to enhance, digitize, and simplify government services in accordance with one of President Ferdinand Marcos Jr.’s eight-point socioeconomic agendas to improve bureaucratic efficiency, prioritize digitalization, harmonize, and standardize governmental processes.”
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