Home » News » BSP updates list of banks, e-money issuers with extended waiver fees for InstaPay, PESONet

BSP updates list of banks, e-money issuers with extended waiver fees for InstaPay, PESONet

Deprecated: mb_convert_encoding(): Handling HTML entities via mbstring is deprecated; use htmlspecialchars, htmlentities, or mb_encode_numericentity/mb_decode_numericentity instead in /home/yugatech/public_html/wp-content/themes/breakdance-zero-theme/functions.php on line 86

Bangko Sentral ng Pilipinas (BSP) has recently shared the updated list of banks and e-money issuers with an extended waiver of fees for PESONet and InstaPay, as of January 27, 2021.

The following banks are extending their waiver of fees for PESONet transactions.

Until January 31, 2021
• AllBank, Inc.
• DCPay Philippines

Until March 31, 2021
• Bank of Makati, Inc.
• China Bank Savings
• China Banking Corporation
• Country Builders Bank
• Land Bank
• Metrobank
• Philippine Business Bank
• Philippine Trust Company
• Philippine Veterans Bank
• PNB
• PS Bank
• Robinsons Bank (PHP 1.0USD 0.02INR 1EUR 0.02CNY 0.12 fee)
• Sterling Bank of Asia
• United Coconut Planters Bank

Until June 30, 2021
• Rural Bank of Guinobatan

Until December 31, 2021
• CIMB Bank Philippines
• Citibank (Retail clients)
• CTBC Bank Philippines
• Development Bank of the Philippines
• East West Bank
• East West Rural Bank
• HSBC (Retail clients)
• HSBC Saving Bank (Retail clients)
• ING Bank, N.V.

Meanwhile, the mentioned banks below are extending their waiver of fees for InstaPay transactions.

Until January 31, 2021
• AllBank, Inc.
• Cebuana Lhuillier Rural Bank
• DCPay Philippines
• East West Bank
• Land Bank
• RCBC via online banking
• StarPay Corporation

Until February 15, 2021
• PayMaya Philippines, Inc.

Until March 31, 2021
• Asia United Bank
• Binangonan Rural Bank
• China Bank Savings
• China Banking Corporation
• CTBC Bank (Philippines) Corporation
• East West Rural Bank
• Equicom Savings Bank
• GrabPay
• Land Bank
• Maybank Philippines, Inc.
• Metrobank
• PBCOM (PHP 1.00USD 0.02INR 1EUR 0.02CNY 0.12 fee)
• PNB
• PS Bank
• Robinsons Bank (PHP 1.00USD 0.02INR 1EUR 0.02CNY 0.12 fee)
• Security Bank (via SB online)
• Sterling Bank of Asia
• Union Bank of the Philippines
• United Coconut Planters Bank

Until June 30, 2021
• Rural Bank of Guinobatan

Until December 31, 2021
• Development Bank of the Philippines
• ING Bank, N.V.
• RCBC via DiskaTech mobile app

Source: BSP

bangko sentral ng pilipinasBank list with waived feesBanks Philippines

Latest smartphones

Error fetching products: A valid URL was not provided.

Gracey Maala

One Comment

Yan says:

4 years ago

Kakahiya naman kay bpi at bdo.. di talaga sila nagwawaive…laking lugi cguro nila sa pagwaive ng fees no
- Reply