BDO Joins Banks Waiving InstaPay, PESONet Transfer Fees

Metrobank waives InstaPay, PESONet transfer fee

MANILA, Philippines – Metropolitan Bank & Trust Co. (Metrobank) has scrapped transfer fees for transactions made through its mobile app, becoming the latest bank to waive charges for digital fund transfers as the banking industry responds to the Bangko Sentral ng Pilipinas’ (BSP) push for more affordable digital payments. In an advisory on Thursday, the Ty

BDO makes InstaPay, PESONet transfers completely free

BDO Unibank Inc. has eliminated transaction fees for its digital fund transfer channels, accelerating a margin-compressing race to zero among the country’s...

BDO says InstaPay, PESONet transfers now free

BDO Unibank Inc., the country’s largest bank, on Thursday announced the free interbank transfers made through InstaPay and PESONet, adding to a growing list of banks that have waived such fees in line with regulations recently released by the Bangko Sentral ng Pilipinas (BSP).

BDO, Metrobank, Security Bank, PSBank, EastWest Bank waive InstaPay, PESONet transfer fees

Metrobank and Security Bank have waived transfer fees for InstaPay and PESONet.