In a world increasingly embracing digital convenience, the Land Bank of the Philippines (Landbank) is setting the pace for accessible and affordable fund transfers. 

Building on its commitment to cashless transactions, Landbank continues to waive fees for online fund transfers of P1,000 or less to other banks via InstaPay and PESONet.

This means Landbank customers can send small amounts hassle-free, enjoying free transfers for the first three transactions per day through the Landbank Mobile Banking App (MBA) and the online retail banking platform, iAccess. This initiative not only makes sending money cheaper but also encourages Filipinos to embrace a digital banking culture, aligning with the National Government's vision of a cash-lite economy.

Beyond free transfers for small amounts, Landbank offers additional benefits:

Reduced fees for larger transfers. For transactions exceeding P1,000, a lowered fixed fee of P15 applies, down from the previous P25.
Convenience at your fingertips. Landbank MBA, downloadable for free on Google Play, Apple App Store, and Huawei App Gallery, provides a seamless platform for online fund transfers and bills payment.
Effortless enrollment. Existing Landbank customers can easily enroll their accounts in the MBA by providing their deposit account details.

More than just free transfers, Landbank's digital platforms offer a world of financial convenience:

Bills payment - pay bills directly from your mobile app, saving time and avoiding late fees.
Cardless withdrawal - Access your cash at ATMs without a physical debit card, adding security and flexibility.
Account opening - Open new deposit accounts through the app, simplifying the process and making banking even more accessible.

Landbank's commitment to free online transfers for small amounts benefits both individuals and the larger economy. 

For the Bagong Pilipino, it means sending money to loved ones, paying bills, and purchasing goods online all become more affordable and convenient. 

For the economy, it encourages financial inclusion by bringing previously unbanked individuals into the formal financial system and promoting cashless transactions.

By making digital banking accessible and affordable, Landbank is playing a crucial role in shaping a modern, cashless Bagong Pilipinas. The free transfer initiative, coupled with its user-friendly mobile app and diverse financial services, positions Landbank as a leader in driving digital banking adoption and revolutionizing how Filipinos manage their finances. (PIA-NCR)