Manila Bulletin·2 min read·medium
Landbank scraps online fund transfer fees for retail clients
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Manila Bulletin Newsroom
✦AI Summary
Land Bank of the Philippines has eliminated fund transfer fees for retail clients using its mobile app and online portal for InstaPay and PESONet transactions. This initiative, which also covers Overseas Filipino Bank clients, aims to reduce financial burdens on families and small businesses while promoting a cost-free digital banking ecosystem.
State-run Land Bank of the Philippines (Landbank) has waived fund transfer fees for digital transactions made through its online channels, joining a growing number of major banks and e-wallet providers that have eliminated or lowered transfer charges.
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