The Philippine Sports Commission and the Land Bank of the Philippines signed an amended Memorandum of Agreement for an ATM Payroll Facility during a ceremony held at the Rizal Memorial Sports Complex in Malate, Manila.

The agreement was signed by PSC Chairman John Patrick C. Gregorio and LANDBANK President and CEO Lynette V. Ortiz.

Under the partnership, minor athletes will be allowed to open LANDBANK Visa Debit Card accounts to receive their allowances and bonuses from the PSC. The facility also provides international access, enabling young athletes to conduct seamless financial transactions while training or competing abroad.

Also present during the signing ceremony were PSC Commissioners Edward L. Hayco and Matthew ‘Fritz’ Gaston, LANDBANK Executive Vice President and Head of Branch Banking Sector Marilou L. Villafranca, Century Park Hotel-Harrison Plaza Branch Manager Elmae S. Dy, and Central NCRBG First Vice President Nardo M. Masa.