Cardless Withdrawal and Easy Bank Transfers with LandBank

Cardless Withdrawal and Easy Bank Transfers with LandBank

In a world that moves faster every day, your bank should keep pace. LandBank offers features that give you control over your money like never before. Gone are the days when a lost, forgotten, or temporarily loaned ATM card meant you were cut off from your cash.

Let's dive into two game-changing features: Cardless Withdrawal and Seamless Bank Transfers, ensuring your banking is always within reach.

1. Cardless Withdrawal: Your Phone is Your ATM Card

Have you ever left your ATM card at home, or perhaps lent it to a family member? This used to be a major hassle, forcing a trip to the branch or waiting until the card was returned.

Good news: With the LandBank Mobile Banking App (MBA), you can still access your cash! This feature is a lifesaver for those moments when the physical card is simply unavailable.

How Cardless Withdrawal Works:

Initiate on the App: Log in to your LandBank Mobile Banking App and look for the Cardless Withdrawal option.

Request and Confirm: Select the account, enter the amount you wish to withdraw, and confirm the transaction. The app will generate a unique Order ID.

Receive Your OTP: A One-Time PIN (OTP) will be sent to your registered mobile number for enhanced security.

Go to the ATM: Head to any LandBank ATM that supports the cardless withdrawal feature. The bank security can assist you if unsure of the procedure.

Withdraw: On the ATM screen, select the Cardless Withdrawal option, then enter the Order ID and the OTP you received. The ATM will dispense your cash!

Even if your physical card is temporarily with a trusted person, or you just forgot it, your account balance is never out of reach. Your smartphone is all you need to make an emergency withdrawal.

2. Fast and Affordable: Bank Transfers at Your Fingertips

Transferring funds to other banks like GCash or Paymaya or even to fellow LandBank account holders has never been simpler or more cost-effective, all thanks to the LandBank MBA and iAccess platforms.

Fund Transfer Options: InstaPay & PESONet

LandBank utilizes the two major electronic fund transfer systems in the Philippines, providing convenience for all your money movement needs:

InstaPay: For real-time transfers up to a generous limit per transaction/day. Perfect for urgent payments or sending money quickly.

PESONet: For large-value transfers that are processed in batches within the banking day. Ideal for business payments or substantial remittances.

Reduced Fees and Free Transfers!

LandBank is actively promoting digital transactions by making transfers more accessible:

Free Transfers: Fund transfers between LandBank accounts and to OFBank accounts are entirely FREE of charge, regardless of the amount.

Waived Fees: LandBank offers a fee waiver for your first three online fund transfers (InstaPay and PESONet) worth P1,000 and below in a single day, helping you save on small-value transactions.

Lowered Rates: For interbank fund transfers exceeding P1,000, the fixed transaction fee has been significantly lowered (currently P15, reduced from P25) for both InstaPay and PESONet.

Digital Security and Convenience

These digital features are backed by strong security measures, including One-Time PIN (OTP) authentication for sensitive transactions, ensuring your funds are protected whether you're withdrawing cash or sending money.

The shift towards these cardless and digital transfer options is a major step in making banking more accessible and less dependent on physical cards. Your LandBank account is truly a 24/7 digital financial partner.

Are you ready to enjoy the convenience of cardless banking? Download the LandBank Mobile Banking App today!