Philippine Palace Urges Banks to Waive Digital Transfer Fees
The Philippine Palace has called on banks, including Landbank, to waive digital transfer fees to benefit more citizens, especially those receiving government aid. This initiative aims to make digital transactions more accessible and affordable for beneficiaries.
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Palace to banks: Cut transfer fees
MANILA, Philippines — Malacañang on Monday urged other banks and financial institutions to reduce or completely eliminate transfer fees, just like state-run Land Bank of the Philippines (Landbank), to boost government efforts to remove barriers to financial access and make banking more inclusive. “We hope all banks will follow what Landbank has started to help
By cbuban
Read full article →Palace hopes more banks waive digital transfer fees
Malacañang yesterday expressed hope that more banks would make digital fund transfers free of charge, following a move initiated by state-run Land Bank of the Philippines and later adopted by two private financial institutions.
By Alexis Romero
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