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21 June 2024, 08:43 AM

BOC, LandBank Ink Memorandum of Agreement for Efficient and Streamlined Customs Payment Procedures

March 6, 2024

In its bid towards modernization and digital transformation in customs processes, the Bureau of Customs (BOC) and the Landbank of the Philippines (Landbank) inked a Memorandum of Agreement (MOA) for the use of Link.BizPortal to facilitate digital payment of miscellaneous fees. The MOA was signed by BOC Commissioner Bienvenido Y. Rubio and Landbank President and Chief Executive Officer Lynette V. Ortiz on Monday, March 4.

The utilization of a digital payment system will further enhance operational efficiency, reduce bureaucratic red tape, and improve overall service delivery. By leveraging the capabilities of the Landbank Link.BizPortal, the BOC aims to streamline payment processes, minimize delays, and provide a more convenient and user-friendly experience for stakeholders.

“Through Landbank’s Link.BizPortal, we are not only facilitating smoother transactions but also fostering greater transparency and accountability,” said Commissioner Rubio.

Among its salient functions includes 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 ceremonial signing was witnessed by key BOC officials, including Deputy Commissioner of Revenue Collection Monitoring Group, Atty. Clarence S. Dizon, Acting Deputy Commissioner of Internal Administration Group, Michael C. Fermin, and Officer-in-Charge of the Management Information Systems and Technology Group, Atty. Kriden F. Balgomera.

LandBank’s President and CEO, Ms. Lynette V. Ortiz also expressed their continuous support for the BOC and promised to do their part in serving the nation.

This partnership 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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