Security Bank offers free fund transfers to clients nationwide

Insider Spotlight

• Free fund transfers will be available to all Security Bank customers starting July 10
• Benefit expands beyond Gold, Wealth, Corporate, and Business Banking clients
• The move supports the bank's BetterBanking strategy as digital banking adoption grows
  
  
  

Security Bank will make fund transfers free for all customers beginning July 10, expanding a perk that was previously available only to its gold, wealth, corporate, and business banking clients.

The bank said the move is part of its BetterBanking strategy and coincides with its 75th anniversary, aiming to make everyday banking simpler, more convenient, and more affordable for customers.

The big picture

"As we celebrate 75 years of serving Filipinos, we're continuing to make everyday banking easier for our clients," Security Bank president and CEO Victor Lee said. 

"BetterBanking means finding practical ways to deliver greater value. By extending free fund transfers to all customers, we're making a benefit many of our clients already enjoy available to everyone."

According to a company release, the expansion comes as more Filipinos increasingly rely on digital banking for everyday financial transactions, with customers expecting faster, simpler, and more seamless banking services. Removing transfer fees is intended to help customers manage their finances more efficiently while reinforcing the bank's BetterBanking promise.

Why it matters

Security Bank said broadening access to free fund transfers reflects its continued focus on improving the customer experience through practical enhancements that address everyday banking needs.

The initiative extends a long-standing privilege enjoyed by select client segments to the bank's entire customer base. —Princess Daisy C. Ominga | Ed: Corrie S. Narisma