#interbank transfer

The Land Bank of the Philippines (LandBank) will stop charging fees for InstaPay and PESONet transfers starting July 7, 2026. She added that removing transfer fees will allow clients to stay connected with their families and businesses without paying extra charges for online transactions. The free transfer service covers transactions made through InstaPay and PESONet, which are widely used for sending funds between different banks in the country. LandBank is among the banks that have recently announced free interbank fund transfers as more financial institutions continue to expand their digital banking services. Let's say that you have installed the GCash application in your smartphones and you are ready to transfer bank funds to the application but you don't know how to yet. Can it really offer fast and safe fund transfers? Before we get started with the QR transfers, make sure that you've downloaded the new BPI Mobile app for Android or iOS via the links provided. When you open the app, you will be greeted by the login screen which also includes the Transfer via QR button, which works like a shortcut as it saves you a few taps if you're going to transfer funds. Read more in our articles including "LandBank to remove InstaPay and PESONet transfer fees starting July 7" and "Watch: How to transfer funds from GCash to bank & vice-versa!".