Land Bank of the Philippines (LandBank) has just cut their online bank transfer fee via InstaPay from Php 25 to Php 15. 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. Customers will be able to transfer money to other banks and supported e-wallets without paying fees using either InstaPay for real-time transfers or PESONet for batch fund transfers. While the fee waiver for small transfers is ending, the lower flat rate may benefit users who frequently move larger amounts. Read more in our articles including "LandBank cuts online fund transfer fee to Php 15" and "BPI to remove InstaPay, PESONet transfer fees starting July 1".
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Dec 12, 2008Land Bank of the Philippines (LandBank) has just cut their online bank transfer fee via InstaPay from Php 25 to Php 15. 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.
Customers will be able to transfer money to other banks and supported e-wallets without paying fees using either InstaPay for real-time transfers or PESONet for batch fund transfers. While the fee waiver for small transfers is ending, the lower flat rate may benefit users who frequently move larger amounts.
Our coverage of LandBank lower fund transfer fee includes: "LandBank cuts online fund transfer fee to Php 15"; "BPI to remove InstaPay, PESONet transfer fees starting July 1"; "SC reaffirms ruling, blocking NTC lowering of SMS fee to PHP 0.80". Each article provides unique insights and information.