Land Bank of the Philippines is one the bank instititions that use Instapay where clients can send money to other local bank. With InstaPay, you can now transfer funds in real-time between accounts of participating BSP-supervised banks and non-bank e-money issuers in the Philippines. It is an electronic fund transfer (EFT) service where you can transfer money electronically and make the funds available to the recipient instantly.
To send money via InstaPay, customers need to access their bank’s or e-money issuer’s mobile app or internet banking facility, choose to send to another institution via InstaPay, and provide the required details.
For customers with a Land Bank Online account, below is the step-by-step guide on how to transfer funds from your Land Bank account to any local bank with Instapay using your Land Bank Mobile Banking app.
Guide in Slides
No LANDBANK Mobile Banking app yet?
If you do not have a Land Bank mobile app yet, you can download it using Google Play for Android phones and tablets or in the Apple Store for iPhone and iPad users. Click the icon below and it will be directed to Landbank Mobile Banking mobile app. You can also find this mobile app by typing Land Bank Mobile Banking in Google Play or Apple store search tab.
Transfer to other Bank - Local Bank
1 Open the LandBank mobile app. Tap the Mobile Banking icon and input your User ID and Password. Tap the LOG-IN button to go to your account.
2 From the right side menu, press the Transfers icon, then select Transfer to Other Bank option to start the process of money transfer.
3 Enter the One-Time PIN sent to your registered mobile device. Or if OTP Generator has been activated, it will automatically create a One-Time PIN.
Tap the SUBMIT button to continue.
4 Select the local bank where you want to send the money. In this guide, BDO was selected.
5 For the transfer method, select Instapay.
Note: Service Charge using Instapay was waived during the ECQ/GCQ or Lockdown period.
6 Enter the required details for the transfer
- From Account – Select the source account
- Destination Bank – This is the receiver’s bank
- To Account – Input the receiver’s bank account number
- Receiver Name – Input the receiver’s account name
- Receiver Mobile No – Enter receiver’s mobile number
- Receiver Email – Enter the receiver’s email address (this is optional)
- Amount (PHP) – Enter the amount to be transferred
- Purpose – Select the purpose for the transfer
Review the details and tap the SUBMIT button for the next step.
7 Review the details and ensure that all information is correct. Then, tap the CONFIRM button to process the transaction.
8 Transaction has been successful. The transaction receipt will also be sent to your registered email address.
Note: Service Charge using Instapay was waived during the ECQ/GCQ or Lockdown period.
To know more about InstaPay, here is the InstaPay Fact Sheet from Banko Sentral ng Pilipinas (BSP). For the list of participating banks and institutions, click here. And for the corresponding fees by using the InstaPay service, click this link.
And for more information about Land Bank Mobile banking, you can visit the website of Land Bank of the Philippines.
Note: Service Charge using Instapay was waived during the ECQ/GCQ or Lockdown period.
Hello, everyone! I’m Ali Chavez, the admin and creator of the Online Quick Guide blog website. I’ve been an OFW for 15 years now, working in the Middle East. I’m an Electronics Engineer by profession and obtained a Diploma in Computer Science. I created this blog to help everyone, particularly OFWs like me, maximize the use of available online services and applications. These e-services, offered by government agencies, and online banking and mobile apps provide us with easy access and convenience. I hope each tutorial will guide you in using these online services to your advantage.
I can’t transfer money ..it said that need to activate first..but how?
Kailangan pa po ipaactivate muna ang fund transfer feature, ifillout po ninyo ang form na ito, https://www.lbpiaccess.com/login/infolink?i=7, i-check po ninyo un fund transfer at ipasa sa inyong Landbank branch….