Partnership Statement on Escrow and Settlement Services
Land Bank of the Philippines (LANDBANK) and AutoTask affirm their shared commitment to ensuring secure and transparent financial settlements for AutoTask’s users and partners.
Through this collaboration, AutoTask utilizes LANDBANK’s institutional escrow and trust services as the custodian of funds related to its Philippine operations. All settlements are executed through regulated banking channels, under the supervision of LANDBANK’s Trust Banking Group, one of the country’s most established financial fiduciaries. This arrangement guarantees that client funds are properly protected, released only upon fulfillment of agreed conditions, and fully compliant with Philippine financial regulations.
This partnership underscores AutoTask’s dedication to working with leading Philippine financial institutions, reinforcing its long-term presence in the country and supporting the company’s 2025–2028 growth roadmap in Asia.