A blog by Jacqueline Tabora

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In response to the Bangko Sentral ng Pilipinas' (BSP) enforcement of EMV Card Fraud Liability Shift Framework or ECFLSF, the United Coconut Planters Bank has rolled its EMV-chipped debit cards to its registered account holders.



Effective January 1, 2017, most UCPB account holders are expected to have the EMV-enabled debit cards instead of the ATM cards with the magnetic stripe security feature. EMV, which stands for Europay, MasterCard, Visa is a chip embedded on payment mediums such as credit and debit cards that adds security and stores the cardholders data and card transactions. Most debit and credit cards today have the EMV chip already.

Here's how the new UCPB debit card looks like:

Apart from the EMV chip embedded on the card, the new UCPB debit card is now powered by VISA and VISA PLUS (the old one is only powered by Bancnet), thus you can use it on terminals that support VISA, VISA PLUS and BANCNET money transactions.

For those who still use their old UCPB debit cards, you may inquire at your store of account as to how you can replace your magnetic-striped ATM card with the EMV-enabled one. If your UCPB account is under a payroll account arrangement, though, you may contact your respective HR department to assist you with the process. (In my case, the account is under a payroll arrangement, thus I only need to fill out some necessary forms and provide IDs and a picture.)


Card replacement is free of charge. The physical card will still contain your name, card number and account, and number.

Once you have received and activated your EMV-enabled UCPB VISA debit card, your old ATM card will be deactivated.


To check if your branch is already issuing an EMV-enabled debit card, you may refer to the list of UCPB branches below:


UCPB.com | EMV Upgrade for all UCPB Issued ATM Cards (as of January 27, 2017)



More on UCPB EMV debit card 


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