BDO (Banco de Oro) and Landbank are two of the largest banks in the Philippines, serving millions of customers each day. If you’re a BDO customer and need to transfer money to someone who holds a Landbank account, there are several options available to you.
Bank transfers are a convenient way to transfer funds between bank accounts. If you’re looking to transfer money from BDO (Banco de Oro) to LandBank, you’re in the right place. In this article, we’ll cover everything you need to know to make a successful transfer, including the different methods available, required information, and fees. Whether you’re a new or existing customer, this guide will help you make a smooth transfer.
Steps To Transfer Money From BDO To Landbank
1. Visit the BDO website.
First of all, you need to log in to the website (www.bdo.com.ph). In the upper right corner, you need to click on Online Banking Login Link. Then you will be redirected to a new page of that website.
2. Log in to your BDO account.
Enter your User Name and Password then clicks on Login Button.
After login into your account, you can see your personal details including Balance, etc.
3. Click on SEND MONEY.
From the left side select “Send Money” there will be a dropdown menu then select “To Another Local Bank”.
4. Proceed without a Template.
Then click on proceed without Template if it is your first time transferring money to that account. You can also save templates for future transactions.
Then click on Continue.
5. Fill out the next form.
You need to enter the sender and receiver details.
Sender Details
- Settlement Type: Select CREDIT TO ANOTHER LOCAL BANK.
- Transaction Type: Select CREDIT TO OTHER BANK
- Transfer from: Choose the account from which you want to transfer the funds.
- Amount: Enter the amount you wish to send.
- Destination Bank: Select the Land Bank of the Philippines.
- Destination Account Number: Enter the account number where the money should be sent.
Receiver Details
- Receiver Name: Please include the First Name, Last Name and Middle Name of the recipient
- Mobile Number: Enter the 11-digit mobile number.
- Purpose of Transaction: Type the purpose for which you are transferring funds.
Click on Submit after you have completed the Sender and Receiver details.
6. Review the details & Enter OTP.
Review all the details again. Click Continue if everything is perfect. You received a One Time Pin (OTP) which you need to enter within 5 minutes then click Submit.
8. Save the Reference Number.
Now your transaction was done successfully. Copy the reference number if your transaction was unsuccessful so you can easily counter the problem.
FAQs:
Q: How long does it take to transfer money from BDO to LandBank?
A: The length of time it takes to transfer money from BDO to LandBank will vary depending on the method you choose and the availability of funds in your BDO account. Online and mobile transfers are typically completed within the same day, while OTC transactions may take longer.
Q: Can I transfer money from BDO to LandBank using a debit card?
A: No, you cannot transfer money from BDO to LandBank using a debit card. You must use a BDO online banking account, or mobile banking app, or visit a BDO branch to make an OTC transaction.
Q: Do I need to have an account with LandBank to transfer money to them?
A: No, you do not need to have an account with LandBank to transfer money to them. However, the recipient must have a valid LandBank account in their name.
Q: Is there a limit to the amount I can transfer from BDO to LandBank?
A: Yes, there may be a limit to the amount you can transfer from BDO to LandBank. This limit will vary depending on your account type and the transfer method you choose. It’s important to check with BDO and LandBank for more information.
Conclusion
In conclusion, transferring money from BDO to LandBank is a convenient and straightforward process. Whether you prefer online banking, mobile banking, or OTC transactions, there are several options available. Just be sure to gather the necessary information, such as the recipient’s account number and name, and check for any associated fees. With this comprehensive guide, you should have no problem making a successful transfer from BDO to LandBank.
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