Land Bank Philippines works to promote countryside development initiatives while also acting as a reliable financial banking institution. Not only has Land Bank expanded its initiatives in farming, fishing, and small-business and service development, but also ranks as one of the top 5 commercial banks in the Philippines for deposits, loans, and assets. In 2020, Land Bank received the ‘Best Innovation in Financial Services’ Certificate of Merit in the Karlsruhe Sustainable Finance Awards.
Sending money to Land Bank accounts in the Philippines is easy with Remitbee. It just takes six easy steps.
There are many benefits to sending a Land Bank online transfer with Remitbee. Here’s a brief overview:
Here is the information that you’ll need to complete the transfer through Remitbee. There are two separate delivery methods that have different requirements:
Wire transfer to a bank account
Our fees are kept as low as possible and rates are assessed daily to bring you the most competitive PHP exchange rates on the market. There are small fees when you choose to use bill, Interact or debit card payment methods, but free money transfer is possible using the Remitbee Wallet. Fees are upfront and can be checked and seen before you send money to the Philippines.
International wire transfers take place using the SWIFT network. Transfer instructions are sent from the sender’s bank to the recipient’s bank and any fees are assessed before the transfer is approved. One of the banks will calculate the exchange rate CAD to PHP, and the money is moved between accounts.
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Yes, you can!
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
The transfers typically take between 1 and 2 days, but some transfers happen instantly.
You can send up to 9,000 CAD per day with a maximum of 50,000 CAD per month as long as you are a verified user.
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
The maximum amount of money you can send in PHP is dependent on the verification level. Here is a breakdown of the levels:
We are also working on Verification Level 4 to provide our customers with even higher sending limits. Remember, that verification is a one-time process. Once you have been verified, there is no need to provide any other documents.
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