LandBank cuts online fund transfer fee to Php 15

Land Bank of the Philippines (LandBank) has just cut their online bank transfer fee via InstaPay from Php 25 to Php 15.

According to LandBank, the move was made with the goal of advancing financial inclusion and will be effective for transfers via InstaPay effective June 15, 2023. This will be regardless of the amount in the transaction.

will benefit from the convenience and efficiency of our products. This is part of our commitment to provide accessible and affordable digital banking solutions, and to help expand financial inclusion,” said LANDBANK President and CEO Lynette V. Ortiz.

In addition, LandBank says that the lowering of the fee is in line with their full support of the National Government’s financial inclusion agenda, meeting the evolving needs of customers, and its expanded mandate of serving the nation.

The Land Bank of the Philippines is a government financial institution that strikes a balance in fulfilling its social mandate of promoting countryside development while remaining financially viable.

Customer Care Hotline
(+632) 8-405-7000

PLDT Domestic Toll Free
1-800-10-405-7000

Email Address
customercare@mail.landbank.com

This Press Release has also been published on VRITIMES