The Land Bank of the Philippines (LandBank) announced it will remove fees for InstaPay and PESONet transfers starting July 7, 2026, as reported by YugaTech.
The move eliminates the usual transaction charges for these two electronic fund transfer services, which are widely used by the bank’s clients for real-time or same-day transfers. LandBank serves individuals, cooperatives, and government agencies across the country.
The fee removal is effective July 7, 2026. No further details on the decision or potential impact were provided in the initial announcement. LandBank encourages clients to use digital banking channels for their transactions.