In the fast-paced digital landscape of the Philippines, online banking has become an integral part of our daily lives, revolutionizing the way we handle financial transactions. As the nation embraces the convenience of digital payments, services like Instapay and Pesonet have emerged as key players, enabling swift and hassle-free money transfers between individuals, businesses, and institutions.
In this comprehensive guide, we will give you a list of up-to-date as of November 2023 of the banks offering free Instapay and Pesonet services in the Philippines.
List of Free Instapay and Pesonet Fees
| INSTAPAY | FEES | UNTIL |
| Bank of the Philippine Islands (BPI) | FREE | December 31, 2023 |
| BanKo, A Subsidiary of BPI | FREE | December 31, 2023 |
| CIMB Bank Philippines | FREE | December 31, 2023 |
| GoTyme Bank Corporation | FREE | December 31, 2023 |
| Land Bank of the Philippines | FREE | December 31, 2023 |
| Maya Bank, Inc. (Business Deposit) | FREE | December 31, 2023 |
| Metropolitan Bank and Trust Company (Metrobank) | FREE | December 31, 2023 |
| Rural Bank of Guinobatan | FREE | December 31, 2023 |
| SeaBank Philippines, Inc. | FREE | December 31, 2023 |
| Tonik Digital Bank, Inc. | FREE | December 31, 2023 |
| PESONET | FEES | UNTIL |
| BanKo, A Subsidiary of BPI | FREE | December 31, 2023 |
| Country Builder Bank, Inc. | FREE | December 31, 2023 |
| CIMB Bank Philippines | FREE | December 31, 2023 |
| East West Rural Bank, Inc. | FREE | December 31, 2023 |
| GoTyme Bank Corporation | FREE | December 31, 2023 |
| HSBC (retail clients) | FREE | December 31, 2023 |
| HSBC Savings Bank (retail clients) | FREE | December 31, 2023 |
| Land Bank of the Philippines | FREE | December 31, 2023 |
| Maya Bank, Inc. | FREE | December 31, 2023 |
| Paymongo Payments, Inc. | FREE | December 31, 2023 |
| Philippine Business Bank, Inc. | FREE | |
| Rural Bank of Guinobatan | FREE | December 31, 2023 |
| SeaBank Philippines, Inc. | FREE | December 31, 2023 |
| Tonik Digital Bank | FREE | December 31, 2023 |
| Union Bank of the Philippines (retail clients) | FREE | November 11, 2023 |
