How to receive money on Landbank from overseas 2025
If you have a Landbank account and you’re expecting a payment from someone overseas you’re probably wondering what you need to do to get your money.
So - can Landbank receive money from abroad, and how does the process work? This guide covers all you need to know including the Landbank international bank transfer fee that applies, and also touches on some alternatives. Providers like Wise and PayPal can offer easy ways to receive money in foreign currencies with low or no incoming payment fees.
Key points: Landbank receive international transfer
Landbank customers can receive payments to their PHP, USD and EUR accounts, or for cash collection via branches and remittance partners
Incoming payment fees apply for all payments to Landbank which depend on the transfer method used
Landbank payments are likely to be processed through the SWIFT network which can often take 3 - 5 days to deposit
Alternative providers like Wise and PayPal allow you to receive incoming payments in more currencies, and often without receiving fees
FAQs | Answers |
|---|---|
Does Landbank charge a fee to receive an international transfer? | Yes. There’s a fee to receive payments to Landbank which varies depending on the account and payment type. |
How long does it take to receive an international payment to Landbank? | Bank to bank payments can often take 3 - 5 days to arrive, but the exact delivery time depends on the sender’s bank and country. |
Are there better alternatives to Landbank for receiving international transfers? | For a lower overall cost you may like to receive your payment with an alternative like Wise or PayPal. Both let you receive a broad selection of foreign currencies with flexible account options. |
How to receive international transfer Landbank: Step-by-step instructions
You can receive a payment to Landbank for deposit to your account or to collect your payment at a branch or Landbank partner. If you’re getting a cash payment you’ll need to agree with the sender where you will collect your money, and then go in person to the location with your ID to get your funds. If you’re getting a bank deposit to Landbank, you’ll take the following steps:
1: Gather the information needed: the person sending you money needs a few details to start the payment, usually your name and your bank account number, bank name, address and SWIFT code.
2. Give your bank details to the sender: pass everything on to the sender and check if there’s any other information they need - some countries also have extra requirements like a reason for payment or your personal contact details.
3. The sender initiates the transfer: it’s now over to the sender to start the payment through their bank or a preferred third party provider.
4. Receive your money: once your payment has been processed it will be deposited into your Landbank account with no need for you to take any further action.
How to move the funds received on Landbank to Gcash
Once you have a payment to Landbank you might want to move it out to GCash to spend more conveniently in the Philippines. Here’s what you need to do.
Firstly you need to link your Landbank account to GCash to allow the movement of funds:
1. Open the GCash app, and tap "Cash In"
2. Tap “Local Banks”, then “Link Bank Account”, and Landbank
3. Tap "Link now" and enter your Landbank Online username and password
4. Verify via One-Time PIN (OTP)
You’re now ready to cash in using your linked Landbank account:
1. On the GCash app, tap "Cash In"
2. Tap “My Banks”, then “Landbank”
3. Enter the amount to cash in and confirm with a OTP
Landbank fees to receive international transfer
The Landbank fees to receive an international transfer depend on the payment type, where it originated from, and the account you hold with Landbank. Here’s a summary:
Landbank payment type | Landbank incoming international payment fee |
|---|---|
Payment in foreign currency from a foreign bank, to a Landbank USD account | 5 USD |
Payment in foreign currency from a foreign bank, to a Landbank PHP account | 50 PHP + DST1/ 0.6 PHP for every 200 PHP payment value |
Payment in foreign currency from a local bank, to a Landbank USD account | 5 USD |
Payment in foreign currency from a local bank, to a Landbank PHP account | 100 PHP + DST1/ 0.6 PHP for every 200 PHP payment value |
PHP PESONet payment from a local bank | No fee |
PHP RTGS payment from a local bank | 150 PHP |
*Details correct at time of research - 30th October 2025
If you’re receiving a payment that’s sent from overseas, or sent in a foreign currency, there may also be some other costs which apply to your transfer.
Payments which are sent from overseas banks usually use the SWIFT network which may mean that third party fees apply which are deducted by intermediary or correspondent banks as your payment is processed. The sender can’t necessarily predict the fee amount, which may mean you get less than you expect in the end.
The other possible cost comes when any currency conversion is needed. If the payment originates in a foreign currency and needs to be converted to PHP or USD to deposit to your Landbank account, a fee may be included in the exchange rate you get for the conversion. Again this is a cost that’s tricky to spot and which may result in you getting less than you expect.
One option to avoid or lower these fees is to receive your payment to a multi-currency account from a provider like Wise. Wise offers local account information for select currencies which lets the sender process the payment like a local transfer - avoiding the costs of both currency conversion and the SWIFT network. You can receive your payment in the home currency of the sender - GBP, EUR, SGD, or AUD for example - and then choose how and when you convert to PHP to spend. As Wise uses the mid-market rate for conversions with no fee added, this can result in a better deal in the end.
Alternatives to Landbank to receive international transfer
Using Landbank might not be the best way to receive money from abroad. Alternative providers can offer more flexible multi-currency solutions which may also have lower overall fees.
Here’s a quick summary of some alternatives to Landbank for receiving money, with a little more detail coming right up after.
Provider/Bank | Currencies available | Ways to receive money | Receive fees | Exchange rates |
|---|---|---|---|---|
Wise | 40+ currencies | Local or SWIFT account details in 20+ currencies | No fee to receive with local details Small fee to receive SWIFT and USD wire payments | Mid market rate with no markup |
PayPal | 25+ currencies | Receive to PayPal account - withdraw to bank if required | No fee where currency conversion is not needed | 4% currency conversion fee applies |
BPI | USD Other foreign currencies offered as a savings account | Receive with SWIFT information in account currency | 6.5 USD | BPI rate which may include a markup |
*Details correct at time of research - 30th October 2025
Wise
Open a Wise account online or in the Wise app, to hold 40+ currencies and get account details in 20+ currencies to get paid conveniently. There’s no fee to receive a Wise payment using your local account information in currencies including PHP, USD, GBP and EUR, and a small Wise fee to receive SWIFT in other available currencies or USD wire payments. Once you have a payment you can hold it in your account and convert when you see a great exchange rate, or use your foreign currency balance to spend, pay bills or save for future use.
PayPal
PayPal supports 25+ currencies for payments and for holding, which means your recipient could send your payment in your preferred currency easily. The funds will be deposited to your PayPal account, and you can either use the money for online shopping, or convert it to PHP and withdraw to your linked bank account. A fee of 4% applies on currency conversion, which can be a drawback - but PayPal to PayPal payments are often deposited very quickly. To get paid all you need to give the sender is your email or phone number that was used to create your PayPal account.
BPI
BPI offers accounts in USD and PHP, and also a selection of other foreign currencies for savings purposes. You can receive a payment to BPI easily, but fees do apply depending on the currency you receive. You’ll be able to access account information to give to the person sending you money, which is likely to be SWIFT details for incoming USD payments, and have your money deposited right to your account for convenience.
What information is needed to receive a transfer with Landbank
Your sender will ask you to pass them some important information to allow them to process the payment to you from overseas. This includes the following:
Information needed to receive a transfer to Landbank |
|---|
|
What are the fees to move the funds received on Landbank to other banks ?
The fees to move the funds received on Landbank to other banks are quite complex and depend on factors including the currency you hold and send, the value of the payment and where the money is going. We’ve outlined the fees here, but you may want to seek advice in a branch to make sure you’re clear on some changeable charges such as correspondent bank fees for third currency transfers, which depend on the currency sent.
Landbank transfer type | Transfer fee |
|---|---|
Payment to a foreign bank in USD from a USD account | 15 USD + 10 USD cable charge Additional 5 USD if you cover correspondent charges |
Payment to a foreign bank in USD from a PHP account | 15 USD + DST1/0.6 PHP for every 200 PHP sent + 500 PHP cable charge Additional 5 USD if you cover correspondent charges |
Payment to a foreign bank in any other foreign currency from a USD account | 15 USD + 10 USD cable charge Correspondent bank charges apply which vary based on currency |
Payment to a foreign bank in any other foreign currency from a PHP account | 15 USD + DST1/0.6 PHP for every 200 PHP sent + 500 PHP cable charge Correspondent bank charges apply which vary based on currency |
Payment to a local bank in a foreign currency from a USD account | 15 USD |
Payment to a local bank in a foreign currency from a PHP account | 15 USD + DST1/0.6 PHP for every 200 PHP sent |
PHP payment to a local bank by RTGS | 300 PHP for payments up to 100,000 PHP 500 PHP for payments over 100,000 PHP Plus ad valorem charge based on value of payment |
*Details correct at time of research - 30th October 2025
What are the fees to move the funds received on Landbank to other Providers?
Landbank has a 15 PHP fee when you use Instapay or PESONet transfers, which you’ll pay when you cash into a provider like GCash or Maya from your Landbank account.
Maya does not charge any fee to receive a payment from Landbank. GCash does have handling fees for some bank payments, but does not specify any fee for Landbank.
Landbank receive limits for incoming international transfers
Landbank does not state any specific incoming payment limits. As there are many different Landbank account types you may still find that some limits apply to your account. If you hit a limit, and need to receive a higher value transfer, you may still be able to get your payment by using a different account from a provider like Wise.
Wise has multi-currency accounts which can receive PHP, USD and other currencies - often with no incoming payment limit.
How long does it take for Landbank to receive an international transfer?
Transfers sent from a bank overseas to Landbank are likely to be processed through the SWIFT network. This is a long established method favoured by most banks globally - but it’s not always fast. It can take 3 - 5 days for a SWIFT payment to arrive - the exact delivery time for your Landbank transfer will depend on the sender’s own bank, the currency being sent and other factors including the value of the transfer.
Other payment services have created ways to avoid the SWIFT network which can be quicker. PayPal to PayPal transfers may be instant for example - although withdrawing your money to a bank can then take a few days. Wise has also created its own payment network which allows it to process payments often quickly or even instantly. You’ll get a delivery estimate before you initiate your payment so you can compare the speed against other services like Landbank easily.
How to track an incoming international transfer with Landbank
If you’re not sure when to expect your incoming international transfer the first thing to do is to ask the sender. They’ll be able to check in their online banking to see where the payment is in many cases - or they can ask their bank for more information if they can’t get a status update.
What can you do if your transfer is not delivered yet
If your sender’s bank can’t offer any advice about the delivery of your payment, you can reach out to Landbank and ask them to help you trace the payment. They may need additional details from the sender or the sender’s bank, such as a transaction number, to help them locate your money.
Tax implications of receiving international transfers
If you’re receiving money to the Philippines it’s important to check if you need to report your payment or pay any tax. Whether or not this applies depends on what the payment is for, where it came from, and its value. Payments received as salary or from freelance work, for example, are likely to be taxed as income.
Get professional advice from a tax accountant if you’re not sure what payments need to be reported, or what tax you might need to pay, to avoid legal issues.
Conclusion: Landbank incoming international transfer
You can use Landbank to receive payments from all over the world, to PHP, USD or other foreign currency accounts. However, the service might not be the quickest or cheapest available to you. Incoming payment fees apply on all transfers received to Landbank accounts, and there may be additional costs built into the exchange rate or deducted by correspondent banks as the payment is processed.
Consider instead opening an account with a service like Wise which can help you receive payments like a local in PHP, USD and a selection of other currencies. You’ll get local account information you can pass to the person sending you money, so they can make a local transfer - which usually incurs a low fee for them. There’s no fee from Wise to receive a local payment, and once you have your money you can decide whether to hold, send, spend or exchange your balance in your own time.